.

Decision Postponed on Proposed Community Revitalization Area

Lakewood Housing Committee decided Monday not to move forward on a proposal to allow the city to offer tax incentives to new homeowners until its next meeting.

The proposal to build 19 townhomes along the Rocky River is still moving forward.

But the plans were slightly stalled Monday night when the  decided to hold off on a proposal declaring 13 parcels of land along the west side of Sloane Avenue a "community revitalization area." 

The plans are to revisit the issue once all of the council members have an opportunity to review the project.

The project is still on track to break ground in the spring of 2012, said Dru Siley, the city's director of planning and development.

The designation would waive property taxes on all new, residential units for up to 10 years, and  offer abatements of between 50 and 100 percent of property tax increases resulting from improvements made by the homeowner within that period. The area is zoned only for high density residential housing.

City Council had in July.  But when they petitioned the Ohio Department of Development to certify it complied with the Ohio Revised Code, ODOD requested some “minor revisions… to clarify the criteria for granting tax abatement,” said Siley.

In January, Abode Living submitted a to purchase and demolish three homes in the 1300 block on Sloane Avenue, and build 19 townhomes overlooking the river. In July, the Architectural Board of Review approved the designs for their project, called “."

But a new proposal will be submitted to the ABR at their Oct. 13 meeting, after engineers determined minor structural adjustments were necessary to build on the cliff side, Siley said.

If the committee and the ABR pass the proposals next month, construction on the new townhomes is expected to begin in spring 2012.

Monique Smith, council member at-large, did not attend Monday's meeting.

Alex Vandehoff September 27, 2011 at 01:50 PM
Is there a place where residents can see the attendance rates of council members at meetings? I feel like I've read several articles (here and other sources) where our rep at large has remained 'at large' for the meetings she is supposed to attend. Also - hope this project can move forward. Adobe, please consider a name other than 'Le Metro.' That's a rather uninspired name and it has little to nothing to do with the area.
Peter Grossetti September 27, 2011 at 06:20 PM
I serously doubt that there is a compiled "report card" ... but if you check the City website www.onelakewood.com and look at the Minutes of various comittee meetings you will see you was/wasn't there. Yeah, that's a bit cumbersome .. but "doable."
Pat Ballasch September 28, 2011 at 02:10 PM
I'm not a fan of tax abatement for several reasons. 1) When someone gets abatement they still use city services. That requires existing tax payers pick up the tab. (This becomes an non voted tax increase on existing residents) 2) If you tear down property (on the tax rolls) and replace it with abated property you've increased your real estate tax loss. 3) Tax abatement is often a back door gift to developers. Because the tax abatement has a real value the price of a property can be increased. It's important our city decision makers understand all the implications. They should make sure the public understands the costs involved as well. These programs usually end up being expensive for the tax payer. There needs to be a well calculated, provable benefit. That's good management. I'd like to see a city forum discussing how items like tax abatement can be justified for projects that can't stand on their own merit. Keep in mind many developers will ask for breaks just to see if someone will give them. When given they need to be based on solid reasoning. Vision in planning is important, but fiscal responsibility and priority setting are critical parts as well.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »