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CHC 07-10-97MINUTES OF THE REGULAR MEETING ~OF ~ HOUSING COMMITTEE July I0, 1997 CALL TO ORDER Sylvia Machamer called the meeting to order at 3:35 p.m. Members Present: Members Absent: Staff Present: Others Present: Dick Schuster, Sylvia Machamer, Jill Collins Steve Smith, Kathy Robinson Vera Gil Andrew Estigoy Approval of Minutes: Motion to approve minutes was made by Sylvia Machamer, seconded by Kathy Robinson Vote: 4-0 Written Communications: None Oral Communications: None Old Business: 1. Affordable Rents and Maximum Sale Prices: Vera Gil stated that staff's recommendation is to allow sales prices to remain the same. The Committee discussed the pros and cons of this issue in depth. There seemed to be some concensus that the BMR units needed to be affordable in perpetuity or a system must be devised to allow a percentage of payback to the program once the 30 year affordable rate has expired. Jill Collins recommended that sales prices remain the same but limit the size of homes so instead of one 3,000 square foot you might see two 1,500 square feet homes. No second of the motion was made. Dick Schuster made motion to accept lower prices and to continue to deliberate how to proceed with the affordable life of units. No second of the motion was made. Sylvia Machamer made motion to lower sale prices and allowing any projects in the pipeline to conform to those guidelines in place when proposal/approval was submitted. Due to lack of second, all motions died and this item will be tabled until next meeting. Adjournment SUBMITTED BY: Y~Jorme Kelley, Admin. Secretary ATTEST: City Clerk c/windows/housing/aih71097 APPROVED BY: sylwia Machamer, Chairperson