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City Council Meeting Minutes March 29,2017 <br /> structures from the 100-year floodplain. To improve drainage in all the <br /> impacted areas additional funding sources will be needed, including City <br /> drainage CIP funds. Staff will bring the projects back to Council with <br /> Prioritization Matrix in April. Staff will get TXDOT elevation of frontage road <br /> and bridge information to Council. Staff noted that the Army Corp of <br /> Engineers Chiefs Report will take 3 years to complete and then it has to go to <br /> Congress for approval. It could take 10 years before the project is complete. <br /> Stacy Brown, Housing and Community Development Manager, introduced the <br /> Housing Update and reviewed the Housing Program Survey. City Staff <br /> surveyed more than 600 impacted households to determine remaining housing <br /> needs and preferences. Staff received responses from approximately 20% of <br /> households; 120 comprehensive responses received. Ms. Brown introduced <br /> Sydney Brown with AECOM to review the Housing Program Survey results. <br /> of the 120 responses received the preferences as follows: 1) rehabilitation,2) <br /> buyout, and 3) demolition/reconstruction. The average repairs completed were <br /> $31,000 and the average repairs remaining is$17,500. Two respondents <br /> reported remained repair costs in excess of the rehab cap of$45,000. The <br /> proposed Housing Program Funding per Action Plan is $5,000,000 for <br /> Owner-Occupied (Rehab/Recon/Buyout) and $2,524,000 for Rental (1-4 Unit; <br /> Rehab/Recon/Buyout). Funds can be shifted between categories, but any shift <br /> of funding in excess of$1,000,000 requires HUD approval. <br /> Ms. Brown provided that the program cap for Rehabilitation is $45,000, the <br /> program cap for Demolition/Reconstruction is$150,000, and the program cap <br /> for Buyout is $250,000 per home. Buyout amounts are determined by the fair <br /> market value of the home prior to the event. Ms. Brown reviewed the <br /> eligibility requirements and the prioritization criteria for both owner-occupied <br /> housing and rental housing per the Action Plan. Ms. Jamison explained that <br /> there will be an application process beginning in mid-May for the Housing <br /> Program Options. Ms. Brown continued with explanation of the Housing <br /> Implementation Tasks: Phase 1: Secure Applicant Pool, Phase 2: Site-Specific <br /> Planning Activities, Phase 3: Construction, Phase 4: Post-Construction. <br /> Staff will be evaluating the possibility of a buyout strategy. Staff will continue <br /> to look for additional grant funds. Ms. Jamison reviewed the six month <br /> timeline moving forward. Council provided consensus to proceed with the <br /> process. <br /> III. Question and Answer Session with Press and Public. <br /> None. <br /> IV. Adjournment. <br /> City of San Marcos Page 2 <br />