Bottomline

Commissioners will consider a request for financial incentives for an East Lawrence apartment project.

Background

A development group led by Tony Krsnich is asking several street and utility improvements to assist in the construction of a four-story, 43-unit apartment building at the southeast corner of Ninth and Delaware Streets. Much like the Poehler Lofts building that Krsnich renovated, the new apartment building would be rent-controlled. Commissioners are being asked to approve $270,967 in in street, waterline and sewer improvements, plus the waiver of several fees. City staff is recommending that the requested amount be reduced by about $100,000 due to city budget constraints. Krsnich has indicated he also plans to file for another incentive request on the project, which will involve using the Neighborhood Revitalization Act to rebate new property taxes generated by the project.

Recognition

Proclaim the week of June 8-14, 2014, as Relay For Life Week.

Consent agenda

Receive minutes from various boards and commissions:

Approve all claims. The list of approved claims will be posted to the agenda the day after the City Commission meeting.

Approve licenses as recommended by the City Clerks Office.

See more here:
Lawrence City Commission agenda for June 2 meeting

Related Posts
May 31, 2014 at 1:02 am by Mr HomeBuilder
Category: Apartment Building Construction