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[1. CALL TO ORDER]

[00:00:06]

THIS MEETING TO ORDER WE'LL START WITH THE PLEDGE OF ALLEGIANCE.

I PLEDGE ALLEGIANCE TO FLAG OF THE UNITED STATES OF AMERICA AND REPUBLIC WHICH STANDS ONE NATION UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL.

PUBLIC NOTIFICATION OF THIS MEETING PUBLISHED, POSTED AND DISTRIBUTED IN DEFIANCE OF THE

[4. APPROVAL OF AGENDA]

SOUTH CAROLINA FREEDOM OF INFORMATION ACT. GREG MCBRIDE OKAY.

NEED A MOTION TO APPROVE THE AGENDA FOR THIS WORKSHOP SO SECONDS BY COUNCILMAN GLOVER SECOND WE HAVE 15 MINUTES TOTAL FOR SO SOME COMMENT PERIOD DO WE HAVE ANYONE SIGNED UP NO

[6. DISCUSSION AFFORDABLE AND WORKFORCE HOUSING: WHERE ARE WE, WHERE DO WE WANT TO GO, AND HOW DO WE GET THERE]

PUBLIC COMMENT. OKAY. ALL RIGHT WE'LL START OFF WITH DISCUSSION AFFORDABLE AND WORKFORCE HOUSING WHERE WE WHERE ARE WE WHERE DO WE WANT TO GO AND HOW DO WE GET THERE? YEAH ALL GOOD QUESTIONS RIGHT THANKS SO MUCH FOR FOR AGREEING TO HAVE WORKSHOP TODAY STAFF REALLY WANTED AN OPPORTUNITY FOR COUNCIL TO HAVE A REAL EXCHANGE WITH WITH STAFF AND WITH OUR PRESENTERS TODAY TO TALK ABOUT SOME OF THOSE ISSUES YOU ADDRESSED HOPEFULLY IN THE NEXT IN THE COMING WEEKS WHEN WE START TO TO TALK ABOUT OUR STRATEGIC PLANNING WORKFORCE WORKFORCE HOUSING WILL BE ONE OF THOSE MAJOR TOPICS THAT WE CAN WORK FOR ON TO FIND A SUSTAINABLE SOLUTION THAT CARRIES WORKFORCE HOUSING IN COUNTY WELL INTO THE FUTURE. THIS MORNING WE'VE INVITED THE CHAIRMAN OF OUR REGIONAL HOUSING TRUST WENDY ZORA HERE TO SPEAK. SHE IS TO TALK AND HER EXECUTIVE DIRECTOR IS TO TALK THIS MORNING ABOUT THE TRUST FUND.

WHAT THE TRUST DOES FOR BEAUFORT COUNTY, SOME OF THE THINGS THE PROJECTS THAT THEY'RE WORKING ON NOW AND WHAT THE FUTURE OF THE TRUST FUND LOOKS LIKE FOR BEAUFORT AND JASPER COUNTY BECAUSE THIS IS A REGIONAL TRUST FUND AS WELL AS WE'VE INVITED JEREMY COOK WHO'S AN ATTORNEY WITH AINSWORTH SINCLAIR. HE WORKS IN THEIR PUBLIC FINANCE PRACTICE. HE IS OUR BOND. HE HAS WORKED WITH NOT ONLY BEAUFORT COUNTY BUT MANY OTHER COUNTIES AND MUNICIPALITIES ON A FULL WORKFORCE HOUSING FUNDING STRATEGIES. AND SO HE'S GOING TO TALK FOR A FEW MINUTES AND HELP US UNDERSTAND THE THINGS WE CAN AND CAN'T DO WHEN IT COMES TO AFFORDABLE WORKFORCE HOUSING AS WELL AS. IF THERE'S SOME TIME LEFT STAFF HAS PREPARED A FEW SLIDES AND MAYBE CAN ANSWER SOME QUESTIONS ABOUT ONGOING PROJECTS THINGS THAT WE'RE DOING RIGHT NOW SO WITH THAT, WENDY, THANK YOU SO MUCH. THANK YOU VERY MUCH FOR HAVING THIS WORKSHOP. I REALLY APPRECIATE IT. I WILL START WITH THE ABSOLUTE BASICS OF THE FEE FOR JASPER HOUSING TRUST IN CASE THERE'S ANY OF YOU HERE WHO AREN'T FAMILIAR WITH IT. IT WAS CREATED BY EIGHT DIFFERENT JURISDICTIONS WHICH IS BASICALLY BEAUFORT AND JASPER COUNTIES ALL OF THE MUNICIPALITIES EXCEPT FOR RICHLAND AND ALSO THROUGH AN INTERGOVERNMENTAL AGREEMENT THAT EACH JURISDICTION SIGNED MONEY WAS PLEDGED FOR TEN YEARS ONE OF THE FIT RECOMMEND THIS IDEA CAME FROM A RECOMMENDATION OF A CONSULTANT THAT THE COUNTY HIRED STUDY AND RECOMMEND HOW TO DEVELOP CREATIVE IS CREATIVE WORKFORCE HOUSING AND THERE WAS HER RECOMMENDATION THAT WE CONSIDER WHEN WE WERE CREATED TO ALSO JOIN WITH A ENTITY THAT COULD ADMINISTER US AND WHO WAS A LENDER AND THAT WAS COMMUNITY WORKS WORKS HAS SIGNED A CONTRACT WITH YOU COUNTY AND UP UNTIL NOW THEY HAVE BEEN OUR ADMINISTRATOR. ONE OF THE THINGS WE'RE DOING NOW IS A PRETTY BIG CHANGE WE WE ON OWN INCORPORATED AS A501C3 AND WE HAVE FEDERAL TAX EXEMPTION EVEN THOUGH WE COULD USE COMMUNITY WORKS BECAUSE WE NEED THAT ABILITY TO BE ABLE TO STAND ON OUR OWN AND OUR INTENT OF COURSE WAS TO BECOME OUR OUR OWN ENTITY. SO THEY HAVE DONE A GREAT JOB I HAVE TO SAY THEY REALLY HAVE DONE A GREAT JOB HELPING US WITH ALL THE BACK OFFICE STAFF ,HELPING US WITH THEIR LOAN PROGRAMS OR UNDERWRITING OUR BUDGET WAS THEIR BUDGET THAT TYPE OF THING. WE HAVE AS I SAID INCORPORATED AND WE ALSO HAVE JUST HIRED AN INTERIM EXECUTIVE DIRECTOR WHICH IS DANA HARTMAN AND YOU'LL HEAR HIM SPEAK IN A

[00:05:07]

MINUTE BUT HE'S GOT A WHOLE CAREER OF EXPERIENCE IN AFFORDABLE HOUSING.

I'LL LET YOU TALK ABOUT THAT. I'LL LET HIM TELL YOU MORE ABOUT IT.

WE HAVE WE HAVE ACTUALLY APPROVED ONE LOAN AND THAT IS TO A A DEVELOPER CALLED COMMON WHICH IS ACTUALLY UP HERE ON BOUNDARY STREET IN. IT IN THAT SITUATION WE COMMITTED TO LEND 500,000 AND COMMUNITY WORKS IS GOING TO LEND 1000 SO WE GOT GOOD LEVERAGE ON THAT MONEY THE LOAN NOT CLOSED YET WE HAVE MANY OTHER OPPORTUNITIES IN THE PIPELINE MOST OF THEM MULTIFAMILY SO FAR AND OF COURSE WE WANT TO ALSO WE WANT TO WORK WITH EVERYBODY IN THE REGION AND ESSENTIALLY BE THE CONVENER AND IN THE PLACE TO GO AS WELL AS BEING ABLE TO FINANCE PROJECTS AND MAKE THIS A REALITY WHICH WE WILL SUCCEED. BUT I'M GOING TO INTRODUCE YOU NOW TO DANA BECAUSE HE KNOWS WAY MORE ABOUT AFFORDABLE. RIGHT. AND WHEN YOU CAN I ASK YOU A QUICK QUESTION BEFORE YOU DO THAT? WHAT I MAY HAVE MISHEARD YOU BUT YOU WITH REGARD TO THE LOAN THAT YOU MADE YOU GAVE HIM A 500,000 YOU SAID COMMUNITY WORK HIM A THOUSAND A MILLION THAT SORRY A MILLION IS THAT LARRY? YES.

YEAH. OKAY. HI LARRY.

WHEREVER ARE YEAH SO WE GOT 2 TO 1 LEVERAGE ON OUR MONEY. I'M SORRY I MISHEARD YOU.

I DIDN'T REALIZE GAVE ME A MILLION WHEN YOU GET A LOAN, WHAT KIND OF A RATE DO YOU GIVE THE PEOPLE IN THIS CASE THEY IT'S GOING TO REALLY DEPEND ON THE TERMS ALONE.

BUT IN THIS CASE 3% AND IT'S ACTUALLY FOR 15 YEARS WHICH IS LONGER THAN WOULD USUALLY LEND.

BUT THIS IS A LITTLE LIKE A TAX CREDIT DEAL AND SO THEY ABSOLUTELY HAVE TO HAVE SOME LONG TERM MONEY. THEY ARE PAYING US BACK THROUGH CASH EVERY YEAR AND THEN AT THE END OF 15 YEARS ANYTHING THAT THEY OWE WHETHER IT'S THE PRINCIPAL OR ANY ANY INTEREST THAT THEY HAVE NOT YET PAID, THEY'LL PAY US. OKAY.

THANKS. OKAY. OKAY.

AND COULD YOU SAY YOUR NAME THE RECORD WHEN YOU COME UP? OKAY.

THANK YOU. THANKS FOR HAVING ME. MY NAME IS DANA TODMAN.

IT'S DANA TOTAL MAN AND THIS IS THE BEGINNING OF MY SECOND WEEK AS THE INTERIM EXECUTIVE DIRECTOR OF THE BEAUFORT JASPER HOUSING TRUST. I AM WORKING TIME IN THIS ROLE.

SO WHAT YOU'RE GOING TO HERE IS ABOUT HALF A WEEK'S WORTH OF ACCOMPLISHMENT AND SEND IN OBSERVATIONS. BUT LET ME EXPLAIN LITTLE BIT ABOUT HOW I GOT HERE AND HOW I THINK I MIGHT BE ABLE TO TO TO HELP OUT. I RETIRED A LITTLE OVER A YEAR AGO AS THE PRESIDENT CEO OF A NONPROFIT ORGANIZATION IN PORTLAND CALLED AVESTA HOUSING.

AND WE HAD BY THE TIME I LAUGHED ABOUT 3200 AFFORDABLE HOMES WE HAD A HOME OWNERSHIP CENTER WHERE WE HELPED PREPARE PEOPLE TO BUY THEIR OWN HOMES. WE CREATED ADVOCACY COALITION TO MAKE SURE OUR STATE WAS GETTING ITS SHARE OF RESOURCES AND WE HAD A COUPLE OF ASSISTED LIVING FACILITIES IS AFFORDABLE ASSISTED LIVING FACILITIES SO THAT WAS THE TYPES OF THAT I WAS INVOLVED IN THERE CLEARLY IT WAS A FAIRLY LARGE ORGANIZATION AND AFTER 22 YEARS THERE AND REACHING A CERTAIN AGE IT FELT TIME TO MOVE ON. MY WIFE AND I WERE SEARCHING THE COUNTRY TO FIND A PLACE TO COME LIVE AND HAD REALLY COULD GO ANYWHERE AND WE CAME HERE AND FELL IN LOVE AND ARE NOW LIVING IN BEAUFORT SO I COME HERE LIKING THE AREA I LOVE MAINE WE STILL HAVE A SUMMER RESIDENCE THERE BUT I ALSO HAVE A PASSION FOR AFFORDABLE HOUSING SO EARLY ON EARLY BE IN THIS YEAR I WAS READING THE LOCAL NEWSPAPERS AND FINDING OUT I WONDER WHAT'S GOING ON WITH AFFORDABLE HOUSING HERE AND WAS HOPING THAT MAYBE THERE WAS A WAY THAT I COULD PLUG IN AND SO I FOUND A COUPLE OF NAMES OF PEOPLE THAT HAD BEEN APPOINTED TO THIS NEW GROUP OF BOARD MEMBERS AND I CALLED THEM UP TO INTRODUCE MYSELF AND TO LEARN MORE. I LEARNED THAT COMMUNITY WORKS HAD A ROLE AND I THEM UP AND TO FIND OUT MORE ABOUT WAS GOING ON AND SO I LEARNED THAT IT'S A VERY NEW ORGANIZATION THAT IT'S

[00:10:04]

A RESPONSE TO THE AFFORDABLE HOUSING CRISIS THAT'S NOT JUST IN THIS AREA OF THE STATE OR THIS AREA OF THE COUNTRY. SO HAVE SORT OF REACHED OUT AND THINK THE COMBINATION OF THE PEOPLE AT COMMUNITY WORKS WHO WANTED TO MOVE AWAY FROM THEIR CONTRACTUAL RELATIONSHIP AND THE BOARD WHO HAD AS WENDY INDICATED INC. WANTED START THEIR OWN STAFF AND SO THEY ASKED IF I WOULD DO THIS AND I SAID YES ON AN INTERIM BASIS I AM RETIRED AND BUT NEVERTHELESS I LOVE THIS AND I WANT TO STAY AND I HOPE I CAN HELP OUT. SO THAT'S A LITTLE BIT HOW I GOT HERE. IN ADDITION TO THE 22 YEARS OUT OF THAT INTO HOUSING I WAS THE DEPUTY DIRECTOR AND THE ACTING DIRECTOR OF OUR STATE'S HOUSING FINANCE AGENCY, THE EQUIVALENT OF SOUTH CAROLINA HOUSING AND THE OTHER CHAPTER OF MY WORKING CAREER I WAS THE EXECUTIVE DIRECTOR OF A COMMUNITY ACTION AGENCY. SO HAVE WORKED IN THIS NONPROFIT OR GOVERNMENT FIELD ALSO HAVE SERVED ON A NUMBER OF BOARDS FROM HOSPITAL BOARDS TO PLANNING BOARDS TO UNITED WAY BOARDS. IT'S ULTIMATELY I'VE SORT OF SPENT MY LIFE TRYING TO MAKE OUR COMMUNITY A BETTER PLACE BETTER PLACES EITHER AS A VOLUNTEER OR AS A PROFESSIONAL CAREER. SO I'M NOW HERE AND I'M THRILLED TO BE ABLE TO DEPLOY SOME OF THOSE SKILLS AND EXPERIENCES.

SO IN THE WEEK THAT I'VE BEEN HERE I'VE LOOKED AT THE NUMBERS AND LOOKED AT WHAT I THINK ARE THE HOUSING PROBLEMS IN THIS AREA AND THEY VARY. I THINK WE ALL KNOW THAT WE NEED MORE WORKFORCE HOUSING WE NEED SOME NEED MORE SENIOR HOUSING SOME AREAS NEED HOMES REPAIRED THE NEEDS IN RURAL ARE A LITTLE BIT DIFFERENT THAN THE NEEDS OF OUR MORE POPULATED AREAS THAN THE NEEDS OF AN 80 YEAR OLD WIDOW IS VERY DIFFERENT.

A 35 YEAR OLD SINGLE MOTHER OR A YOUNG COUPLE THAT ARE JUST STARTING OUT HOPING TO BUY THEIR HOME OR THAT'S MOVING HERE AND WANTS TO WORK AT THE HOSPITAL BUT CAN'T GET CLOSE ENOUGH. SO I'M SORRY WITH YOUR VOICE. I'M SORRY.

THANK YOU. AND WE'LL MIX IN A LITTLE BIT OF ACCENT HERE THAT WILL MAKE IT EVEN HARDER. SO I APOLOGIZE. SO NEEDLESS TO SAY THE NEEDS ARE TREMENDOUSLY DIFFERENT THROUGHOUT BEAUFORT COUNTY AND OF COURSE IT'S BEAUFORT AND JASPER COUNTY. SO THE RURAL AREAS IN PARTICULAR ARE DIFFERENT THAN THE URBAN MORE BUILT UP AREAS AND THE POPULATIONS HAVE NEEDS .

SO WE HAVE A TALL ORDER AT BEAUFORT JASPER HOUSING TRIES TO RESPOND TO ALL OF THAT AND SO I LOOKED FIRST AT THESE APPLICATIONS THAT COMMUNITY WORKS HAD THE REQUEST FOR PROPOSALS THAT WERE DONE LAST MAY AND THEY WERE DONE IN CONCERT WITH BEAUFORT JASPER HOUSING TRUST AND SO THERE WERE FIVE OR SIX ENTITIES THAT RESPONDED IT WAS GENERALLY PRESENTED THAT BEAUFORT JASPER WOULD PROVIDE LOANS OF $500,000 AND THAT IN MOST COMMUNITY WORKS WOULD PROVIDE LOANS OF MILLION TO A MILLION AND A HALF.

SO ULTIMATELY A COUPLE DROPPED OUT THE CARRINGTON I THINK IT'S KIND OF OR ONE IS PROCEEDING AND THAT'S THE TWO SENIOR UNITS THAT ARE JUST DOWN THE STREET HERE AND THEN THERE ARE A COUPLE OTHERS THAT ARE STILL IN THE WORKS. THE OTHERS THAT ARE STILL IN WORKS ARE A HOMEOWNERSHIP PROJECT IN HILTON HEAD AND A RENTAL WORKFORCE DEVELOPMENT I BELIEVE IT'S AN OKATIE THAT'S A PARTNERSHIP WITH A HOSPITAL AND A PRIVATE DEVELOPER SO YOU KNOW IN LOOKING AT THAT THAT WOULD AROUND 200 AFFORDABLE HOMES 180 AFFORDABLE HOMES THOSE THREE COMBINED SO THAT WOULD BE A NICE ACHIEVEMENT IF IF WE GET THERE IT ALSO HAS SOME GEOGRAPHIC DIVERSITY HAS SENIORS AND YOUNGER PEOPLE SO IT'S A NICE MIX BUT AS I'M ALSO LOOKING AT THIS I'M STARTING TO REALIZE IS THAT THIS RELATIONSHIP WITH COMMUNITY WORKS THEY OBVIOUSLY ARE UNDERWRITING THESE VERY RESPONSIBLY TO PROVIDE THEIR LOANS AND SHOULD THEY MAKE A TO NOT FUND ONE OR TO CREATE DIFFERENT PARAMETERS THAT

[00:15:09]

AFFECTS OUR $500,000. SO MY TAKEAWAY I NEED TO SPEND SOME TIME WITH COMMUNITY WORKS TO EXAMINE THESE APPLICATIONS VERY CLOSELY AS WELL AS TO WORK WITH THE BOARD TO MAKE THESE INCREDIBLY IMPORTANT FINANCIAL DECISIONS. SO THAT'S ONE OBSERVATION I HAVE. I STEP BACK FROM THAT AND LOOK AT THAT RFP AND IN HINDSIGHT I KIND OF SAY WELL MAYBE WE WEREN'T YOU KNOW, HOW IS THIS REALLY GOING TO SERVE THE RURAL AREAS AND HOW MUCH HOW IMPORTANT IS IT TO LEVERAGE MONEY AND HOW DO WE COMPARE LOAN VERSUS A GRANT IN THIS BUSINESS IS VERY AND SINCE DOING THAT RFP THE COMMUNITY WORK STAFF AND OTHERS HAVE BEEN APPROACHED BY A NUMBER OF GROUPS YOU KNOW COULD WE HAVE NUMBER OF DOLLARS TO DO THIS? COULD WE HAVE Y TO DO THAT ALL SOUND GOOD? BUT IT'S OUR JOB TO TRY TO FIGURE OUT HOW DO WE DEVELOP THE APPROPRIATE CRITERIA AND SOME UNIFORMITY TO THE APPLICATIONS IS WHAT'S IMPORTANT. HOW HOW LOW INCOME THE PEOPLE ARE THAT ARE BEING SERVED IS WHAT'S IMPORTANT. THE LENGTH OF AFFORDABILITY IS WHAT'S IMPORTANT.

THE NUMBER PEOPLE WANTED DIFFERENT CRITERIA THAT WE CAN APPLY SO OUR JOB AS I SEE IT VERY QUICKLY IS TO PROVIDE YOU KNOW INFORMED GUIDANCE ON HOW WE BEST SPEND AND MAKE OUR INVESTMENTS GOING FORWARD. SO THAT'S ONE OF MY MY KEY TAKEAWAYS THE OTHER THING THAT I WANT TO SHARE IS THAT THIS WAS A SYMPOSIUM THAT ABOUT 100 PEOPLE ATTENDED AND THEY WERE FROM OUT THROUGHOUT THE TWO COUNTIES AND THERE'S A LOT OF GROUPS DOING A LOT OF THINGS AND BUT WHAT WAS PARTICULARLY NOTEWORTHY IN MY OPINION BEYOND ALL THE FACT THE ENERGY AND INTEREST THAT WERE THERE IS THAT SENATOR DAVIS AND A REPRESENTATIVE FROM SOUTH CAROLINA HOUSING WERE THERE LISTENING TO THE GROUP AND I THINK PAYING ATTENTION AND BECAUSE IN THIS AFFORDABLE HOUSING WORLD MUCH OF THE MONEY AND THE RESOURCES ULTIMATELY DO COME FROM THE FEDERAL GOVERNMENT OR THE STATE GOVERNMENT OR COMBINATION OF BOTH AND SO IT'S IMPORTANT THAT THE WORKING RELATIONSHIPS WITH THOSE LAYERS OF GOVERNMENT AND OUR ORGANIZATION BEING HARNESSED AND SO THAT WAS ANOTHER THE LAST THING I WANT TO SORT OF MENTION WITH YOU AGAIN I'VE GOT A FEW DAYS INTO THIS BUT MY EXPERIENCE IS SUCH THAT I'VE OBSERVED THERE ARE EIGHT BOARD MEMBERS, THERE'S NINE SEATS.

ONE IS VACANT SO THERE'S A COULD BE NINE AS ORIGINALLY CONCEIVED IN THE INTERGOVERNMENTAL AGREEMENT THAT ALL THE PARTIES SIGNED THERE WERE NINE MEMBERS ONLY EIGHT MEMBERS AND NOW I'M A PART TIME STAFF SO MY TAKE AWAY IS THAT'S NOT ENOUGH.

WE NEED MORE CAPACITY WHETHER IT'S MORE BOARD MORE STAFF, WE NEED TO REALLY UP THE HEALTH OF OUR ORGANIZATION TO REALLY FULFILL I THINK THE DEMANDS AND REQUIREMENTS THAT WERE IN MIND WHEN BACK WHEN WE WERE CREATED . SO MY EXPERIENCE IS SUCH THAT I HEALTHY NONPROFIT, FULLY FUNCTIONING HEALTHY NONPROFIT WITH ADEQUATE BOARD MEMBERS WITH, ADEQUATE VARIETY OF SKILLS BE A LAWYER OR BANKING COMMERCIAL REAL ESTATE OR RESIDENT AND AS WELL AS ADEQUATE STAFF YOU THAT TO BE REALLY IMPACTFUL AND SO THAT'S A NOTE THAT I HAVE MADE HERE IN THE FIRST WEEK THAT I THINK WE WANT TO BE FAR MORE IMPACTFUL.

SO THAT'S A LITTLE BIT ABOUT ME THAT'S A LITTLE BIT ABOUT WHERE I SEE THIS ORGANIZATION I LOOK FORWARD TO CERTAINLY GETTING TO KNOW JUST BOARD AND EVERYBODY ELSE AS I SETTLE IN HERE BUT MOST IMPORTANTLY I KNOW WE ARE A CREATION OF ALL OF THE COUNTIES AND TOWNS AND CITIES AND IT'S IMPORTANT THAT SATISFY YOU AS WELL. AND SO I THAT WAS PROBABLY MY FIRST NOTE OF MAKE SURE WE DO A GOOD JOB SO HAPPY ANSWER QUESTIONS FROM THERE THANK YOU

[00:20:08]

FOR TAKING THIS ON INTERIM AS AN INTERIM PART TIME IS QUITE QUITE A CHALLENGE.

YES. WE'LL OPEN IT UP FOR QUESTIONS. YES, SIR.

OKAY. COMMUNITY WORKS WANTS TO END THEIR RELATIONSHIP WITH THE HOUSING TRUST AND THE WAY YOU ARE CONCEIVING OF THAT BY EXPANDING THE MEMBERSHIP AND STAFF TO REPLACE WHAT COMMUNITY WORKS IS CURRENTLY DOING IS THAT MY UNDERSTAND THAT GENERAL HIGHLY ACCURATE THEY WANT TO MY UNDERSTANDING I DON'T WANT TO SPEAK FOR THEM BUT CERTAINLY WHAT THEY TOLD ME WAS THERE IN GREENVILLE PROVIDING ADEQUATE SUPPORT THE BOARD TO PROVIDE ADEQUATE SUPPORT TO THE VARIOUS GROUPS THAT HAVE AN INTEREST IN AFFORDABLE HOUSING WAS JUST HARD AND THAT THEY WANTED TO END THE RELATIONSHIP. MEANWHILE BACK IN THAT ORIGINAL BYLAWS WAS IN THE INTERGOVERNMENTAL AGREEMENT WAS THE IDEA THAT BEAUFORT JASPER HOUSING TRUST MIGHT INCORPORATE AND BECOME A501C3 NONPROFIT MIGHT HIRE ITS OWN AND MIGHT HAVE DIFFERENT APPROACHES TO HOW THEY ARE ADMINISTERED. SO THE BEAUFORT HOUSING TRUST BOARD HAS MADE THAT DECISION AS I MR. MERCER WENDY WORK IS THAT IT WAS A MUTUAL DECISION ON THE PART OF THE HOUSING TRUST AND COMMUNITY? WE BOTH REALIZED THAT THAT WE ACTUALLY THE HOUSING TRUST IN ORDER TO BE ABLE TO ACTUALLY MOVE FORWARD AND GET DONE FASTER, WE REALLY NEEDED TO HAVE OUR OWN STAFF. THE AMOUNT OF MONEY THAT COMMUNITY WORKS WAS WORKING WHICH WAS 10% OF THEIR FIRST YEAR WHICH WAS TWO OR 3000 IF YOU CAN BELIEVE IT. THEY WERE SPENDING SO MUCH TIME THAT THEIR COSTS EXCEEDED THAT.

MEANWHILE WE DID NOT HAVE A PERSON ON THE GROUND LOCALLY WHO COULD BE QUICKLY TO WHETHER IT'S JUST RANDOM QUESTIONS OR BUILDERS OR DEVELOPERS OR EVEN GOING AROUND AND MAKING SURE THAT WE KNEW PERSONALLY DIFFERENT JURISDICTIONS THAT ARE PARTICIPATING SO IT IS A MUTUAL DECISION FOR BOTH. I JUST WANT TO MAKE THAT CLEAR BECAUSE THEY REALLY HAVE DONE A GREAT JOB FOR SO I JUST WANT TO MAKE THAT SO GOING FORWARD THE MONEYS THAT HAVE ALREADY BEEN EXTENDED FOR THE FIRST PROJECT THE MILLION THAT CAME FROM COMMUNITY WORKS HOW WILL THAT MONEY FIT IN? WELL THEY WILL STILL THE LOAN HASN'T CLOSED SO NOBODY'S ACTUALLY THE MONEY YET. THEY WILL CONTINUE TO CLOSE THE LOAN AS THEY WOULD AS IF 100% OF IT WAS THEIR MONEY. OKAY AND GOING FORWARD WHAT WE ARE THINKING OF DOING WHEN COMMUNITY WORKS IN THE COUNTY NO LONGER A CONTRACT WE WILL PROBABLY HAVE OUR OWN CONTRACT WITH COMMUNITY WORKS TO DO UNDERWRITING BECAUSE WE DON'T HAVE THAT CAPACITY AND TO SERVICE THE LOAN WE'RE NOT IN THE BUSINESS OF COLLECTING PAYMENTS AND THAT TYPE OF THING SO I THINK THE RELATIONSHIP WILL CONTINUE. IT JUST WILL BE DIFFERENT.

DIFFERENT. OKAY, VERY GOOD QUESTIONS. COUNCILMAN GLOVER, I'M SURPRISED YOU HAVEN'T ABOUT HOW TO HANDLE THE RURAL AREAS WELL KNOW YOU YOU YOU ON THEM MONEY AND STUFF. YEAH YEAH VERY MUCH INTERESTED IN DEVELOPING AFFORDABLE HOUSING WORKFORCE HOUSING FOR THE RURAL COMMUNITY PARTICULARLY ADULTS AND ELDERS.

SO YOU TALK ABOUT DIFFERENT CATEGORIES AND IN THE AREAS BEING SO VAST THERE IS NO ONE PLAYING FOR ONE TAKE FOR THE ENTIRE COUNTY. SO WHAT'S WHAT'S YOUR APPROACH WHAT WILL BE THE APPROACH FOR YOU OR FOR THE AGENCY IN ADDRESSING THOSE KIND OF NEEDS EVEN WITH THE LAND THAT'S AVAILABLE, YOU KNOW, FOR SOME PEOPLE THAT CAN'T AFFORD A HOUSE OR ARE YOU TALKING ABOUT RENTAL UNITS AND HOW CAN THIS IN A RURAL AREA.

YEAH YOU KNOW THAT COULD BENEFIT BOTH THE LANDLORD AS WELL AS THE TENANTS MUCH OF THE FUNDS THAT COME FROM THE FEDERAL GOVERNMENT OR THE STATE GOVERNMENT IN MY OPINION ARE SKEWED TOWARD NON RURAL AREAS. THEY ARE FOR PROJECTS OF A CERTAIN SCALE THEY MIGHT

[00:25:07]

REQUIRE WATER AND SEWER. YOU KNOW HUD IS HOUSING AND URBAN DEVELOPMENT BY ITS ITS NAME SO THE STRATEGIES FOR RURAL AREAS AND TRUST ME LIVING IN MAINE IT WAS PRETTY RURAL YOU REALLY NEED TO WORK WITH THOSE LOCAL OFFICIALS AND IN MANY CASES IT'S HOME REPAIRS THAT THEY MIGHT SAY THAT'S WHAT'S IMPORTANT TO US OR YES WE NEED NEW DEVELOPMENTS BUT WE WANT THEM TO BE SIX UNITS OR EIGHT UNITS RATHER THAN 50 UNITS OR THEY MIGHT BE MORE FOR . AND SO IT'S IT'S REALLY GETTING TO KNOW THE FOLKS IN THAT COMMUNITY AND HELPING TO UNDERSTAND AND HAVE THEM ARTICULATE SOME OF THE IDEAS I JUST MENTIONED AND THEN COME UP WITH THE PROGRAMS AND THE RESOURCES TO ADDRESS.

IT'S HARDER IT'S A DIFFERENT SET OF RESOURCES. IT DOEIT DOESN'T THE INTEREST OE LARGER DEVELOPERS BUT WE ALL KNOW THAT THERE ARE PEOPLE THAT HAVE NEEDS IN THOSE RURAL AREAS JUST AS MUCH AS THE NON RURAL AREAS AND SO IT REALLY IS WORKING WITH THE LOCAL OFFICIALS AND THEN TRYING TO DEVELOP THE APPROPRIATE RESPONSE AND THEN SEEKING MONEY THAT WILL WORK AND IT'S DIFFERENT MONEY THAT WOULD PROBABLY WORK IN A RURAL AREA VERSUS A HILTON HEAD OR A BEAUFORT OR A LITTLE THORPE A HYPOTHETICAL HYPOTHETICAL.

THE REAL ISSUE FOR A LOT HOMEOWNERS AND WHEN I USE THE WORD HOMEOWNERS I'M TALKING ABOUT MODULAR HOMES, MOBILE HOMES SITTING ON THE EARS OF PROPERTY BUT HOME ACTUALLY NEEDS MAYBE SOME RENOVATION VERY LITTLE ASSISTANCE IN THAT AREA.

IS THAT SOMETHING THAT COULD BE ADDRESSED YOU KNOW THROUGH YOU WELL SEE YEAH DIRECTLY OR INDIRECTLY YES TO THE ANSWER YOU HAVE AN ANSWER YOU CAN RIGHT THERE.

OKAY. YES THAT NEED IS REAL AND IT MAY TAKE A LITTLE BIT OF LOBBYING THE STATE HOUSING FINANCE AGENCY, SOUTH CAROLINA HOUSING RURAL DEVELOPMENT HAS LONG HAD A PROGRAM CALLED THE HOUSING PRESERVATION GRANT PROGRAM THAT MAY OR MAY NOT HAVE HAD FUNDS THAT FOUND THEIR WAY TO THESE RURAL AREAS SO. AGAIN, IT'S IT'S LARGELY AN ADVOCATE. IT'S IT'S A COMBINATION OF ADVOCACY IN MY OPINION AND UNDERSTANDING WHAT RESOURCES DO EXIST AND DOING OUR VERY BEST TO GET THEM TO THE AREA.

THANK YOU OKAY. AND GOT HERE FROM SOMEONE ELSE TO WE'RE REALLY GLAD YOU'RE ON BOARD BUT WE'D LIKE TO KEEP GETTING UPDATES AT THIS COMMITTEE MEETING AS WE GO FORWARD TO AND SO MY PLEASURE THANK YOU VERY MUCH. YES.

WHO AND WHO'S GOING TO INTRODUCE NEXT PERSON MR. ROBINSON OR OH SO THIS JEREMY COOK. JEREMY COOK IS AS I SAID OUR ATTORNEY WITH HAYNES WORTH, SINCLAIR BOYD AND HE'S GOING TO TALK WITH YOU ABOUT SOME OPTIONS AND IT'S GOOD TO BE WITH YOU ALL TODAY I WAS BEFORE YOU ALL A FEW MONTHS AGO YOU MAY REMEMBER WHEN WE TALKED ABOUT THE OPTIONAL OF THE COUNTY'S GENERAL OBLIGATION BONDS TO USE SOME OF YOUR CASH BUILT UP TO PAY OFF THAT DEBT SO IT'S GOOD TO BE BACK WITH YOU ALL AGAIN TODAY.

IT'S A YOU KNOW THIS IS A GROWING AREA AS OF OF NEED ACROSS THE STATE Y'ALL ARE CERTAINLY ONE OF THE EPICENTERS BUT NOT THE ONLY EPICENTER OF THE NEED FOR ATTAINABLE HOUSING. SO YOU KNOW, WE ARE A STATEWIDE LAW.

I'VE BEEN DOING THIS 25 YEARS WITH WITH WITH MY FIRM AND WE'RE PRIVILEGED TO REPRESENT A LOT OF THOSE GROWTH AREAS. SO WE REPRESENT, YOU KNOW, THE AREAS AROUND CITY AND COUNTY OF GREENVILLE, AREAS AROUND THE CITY AND COUNTY OF CHARLESTON. SO AREAS THESE DISCUSSIONS ARE HAPPENING A LOT AND OBVIOUSLY Y'ALL ARE RIGHT THERE TOO. I DO THINK IT'S REALLY IMPORTANT WAS A REFERENCE TO IT EARLIER THAT THIS IS PART OF A LONGER TERM STRATEGIC.

THIS ISN'T SOMETHING THAT'S GOING TO GET FIXED IN IN A MONTH OR TWO OR EVEN A YEAR OR TWO IF WE'RE REALLY BEING HONEST ABOUT IT RIGHT. THIS TAKES MONEY OVER A CONCERTED PERIOD TIME AND LOTS OF DIFFERENT PROGRAMS BECAUSE THERE ARE DIFFERENT NEEDS AS GLOVER POINTED OUT, IT'S NOT GOING TO BE A ONE SIZE FITS ALL.

SO I'VE HAD VERY MUCH AS A AS A BUFFET THAT'S GOING TO BE REALLY IMPORTANT TO HAVE A LOT

[00:30:03]

OF DIFFERENT TO CHOOSE FROM ON THAT BUFFET TO MEET ALL THESE NEEDS.

SO JUST FROM A HIGH LEVEL THAT'S MY MY MY PERSPECTIVE AS YOU AS A PUBLIC BODY ARE LOOKING AT HOW DO WE HOW DO WE START TO MAKE A DENT IN THESE, YOU KNOW, INCREDIBLE NEEDS AND THERE'S NOT MUCH THAT'S A GREATER NEED THAN AFFORDABLE ATTAINABLE SAFE HOUSING.

RIGHT. I MEAN IS AS NEEDS GO THAT'S AS BIG AS IT COMES AS FAR AS I'M CONCERNED. SO THERE ARE A LOT OF THRESHOLD QUESTIONS THAT OBVIOUSLY AREN'T GOING TO BE ANSWERED TODAY. BUT AS A COUNCIL, WHETHER IT'S A CITY COUNCIL, A COUNTY COUNCIL'S LOOKING AT THIS TERMS OF WHAT APPROACH IS ARE YOU WILLING TO SUPPORT AND CONSIDER AS PART OF THIS SO YOU KNOW AND THE MOST DIRECT LINE IS YOU KNOW IS THE IS THE COUNTY WILLING TO INCUR DEBT TO PROVIDE THESE KINDS OF SERVICES.

SO FOR EXAMPLE, CITY OF CHARLESTON HAS DONE TWO DIFFERENT REFERENDA WHERE THE VOTERS APPROVED THE ISSUANCE OF GENERAL OBLIGATION BONDS FOR THE SOLE PURPOSE OF PROVIDING ATTAINABLE AFFORDABLE HOUSING. SO THAT'S THE ONLY PURPOSE THE BONDS COULD BE USED FOR.

SO IS A THRESHOLD ISSUE. THAT IS SOMETHING THAT I WOULD ALWAYS SUGGEST THAT A COUNCIL CONSIDER AND THAT'S HOW DOES THAT FIT INTO YOUR OVERALL FINANCIAL PLAN? TYPICALLY ADDITIONAL MILLS WOULD BE NEEDED TO PAY THAT HEY THAT DEBT.

SO IS THERE THE SUPPORT BY THE PEOPLE FOR COUNTY TO PAY MORE TAXES TO HAVE GENERAL OBLIGATION BONDS SPECIFICALLY FOR THIS PURPOSE AND YOU COULD DO A LOT OF GOOD THINGS WITHOUT DOING THAT BUT I THINK THAT IS AN CONSIDERATION. SO IN THE CITY OF CHARLESTON'S EXAMPLE THE VOTERS HAVE TWICE APPROVED THE ISSUANCE OF GENERAL OBLIGATION BONDS THE FIRST TIME FOR $10 MILLION AND THE SECOND TIME FOR $20 MILLION BY OVERWHELMING MARGINS AND.

THIS WAS SEVERAL YEARS AGO WHERE I WOULD SAY THE NEED WAS LESS GREAT THAN IT IS TODAY ALWAYS A NEED BUT I WOULD SAY IT'S A BIGGER NEED SO THINGS TO THINK ABOUT YOU IS THE COUNTY WILLING TO ISSUE GENERAL OBLIGATION BONDS TO TO PROVIDE ATTAINABLE HOUSING NOW THAT WOULD BE A STEP SOMETIMES I THINK IT'S HELPFUL TO TALK SPECIFICALLY ABOUT WHAT OTHER AREAS HAVE DONE NOT THAT YOU ARE LIMITED TO WHAT THEY'VE DONE BUT IF SOMETHING IS WORK SOMEPLACE ELSE WHERE WE'RE SMALL STATE YOU KNOW IT'S WORTH KNOWING WHAT'S WORKED IN OTHER PLACES I THINK SO CITY OF GREENVILLE RECENTLY CLOSED A FINANCING AND IT WAS ACTUALLY FINANCING BY THE GREENVILLE HOUSING FUND WHICH IS A51 C3 SO THE FINANCING WAS DONE THE 523 IT WAS NOT A CITY OF GREENVILLE BORROWING. HOWEVER THE CITY OF GREENVILLE HAD EXPECTATION THAT THEY WERE GOING TO BUILD INTO THEIR BUDGET TWO AND A HALF MILLION DOLLARS A YEAR TO SUPPORT THIS INITIATIVE TO THIS HOUSING FUND AND THE HOUSING FUND WAS ABLE TO DO A TEN YEAR BORROWING AND AS TO GETTING MONEY OVER TIME GOT $14 MILLION ON THE DAY OF CLOSING WHERE OBVIOUSLY YOU CAN BE MUCH MORE IMPACTFUL FROM THE CITY OF GREENVILLE PERSPECTIVE THIS HAS BEEN A LONG HELD AN IMPORTANT ASPECT OF GOVERNMENT BY THE CITY COUNCIL AND BY MAYOR KNOX WHITE WHO'S JUST REELECTED FOR AN EIGHTH TERM THIS THIS WEEK SO AND BUT WHAT THE CITY COUNCIL AGREED WAS IN THIS YEAR'S BUDGET THERE WAS TWO AND A HALF MILLION DOLLARS AND THEN IN EVERY YEAR AS BUDGET COMES AROUND THEY WOULD CONSIDER APPROPRIATING ANOTHER AND A HALF MILLION DOLLARS. BUT THE CITY DID NOT COMMIT TO TWO AND A HALF MILLION DOLLARS OVER A PERIOD OF TIME BECAUSE THEN YOU WOULD HAVE BEEN IN THE POSITION OF PLEDGING EITHER FULL FAITH AND CREDIT OR THIS ALL OF A SUDDEN IT SEEMS LIKE CITY DEBT RIGHT? SO WHAT CITY COUNCIL SAID IS EVERY YEAR FOR THE NEXT I BELIEVE EIGHT YEARS THEY WOULD CONSIDER AND HAVE A PRESENT DAY EXPECTATION TO TWO AND A HALF MILLION DOLLARS. BUT AT THE END OF THE YEAR GARY I'M SORRY I JUST WANTED TO ASK A QUICK QUESTION ABOUT THE SERVICE OF FUNDING FOR THE TWO AND A HALF MILLION.

SURE. IT'S JUST GENERAL STANDARD GENERAL DOLLAR FUNDS AND TAXES.

YES. I MEAN I DON'T WANT TO HAVE TO BE LIMITED TO THAT.

OKAY. THANK YOU. YOU'RE WELCOME.

SO AGAIN, THIS WAS THIS WAS JUST DONE. I MEAN TIME YOU PULLED IT UP TO I THINK WE WHAT DID WE DECIDE SIX WEEKS AGO? SO IT'S IT'S A PRETTY PRETTY CUTTING EDGE BUT THIS IS DATE AGAIN OF THE NONPROFIT NOT DEBT OF THE CITY.

SO YOU A REASONABLE COUNCIL COULD DECIDE YEAH WE'RE WE COULD HELP SUPPORT THAT BUT MAYBE WE'RE NOT WILLING TO INCUR DEBT LIKE THOSE THOSE ARE DECISIONS THAT YOU KNOW Y'ALL HAVE TO MAKE AND THEY DO IT YEAR BY YEAR. THAT'S RIGHT.

IT'S SUBJECT TO APPROPRIATION SO IT'S IT'S SIMILAR TO WHAT YOU'VE DONE OVER THE IN THE PAST BUT LIKE LEAST OBLIGATIONS OR DIFFERENT OBLIGATIONS WHERE IT'S SUBJECT TO APPROPRIATION

[00:35:01]

NOW THAT'S NOT THE MOST EFFECTIVE IN TERMS OF A COST TO BORROW MONEY BECAUSE IT'S NOT AS STRONG OF A SECURITY. SO THERE IS A FLIP SIDE, RIGHT? A GENERAL OBLIGATION BOND YOU'D BE ABLE TO GET A MUCH BETTER INTEREST RATE ON THAN AN APPROPRIATION BACKED BUT THAT'S JUST THE NATURE. BUT CITY OF GREENVILLE DID THAT AND QUITE HONESTLY I THINK WE'LL SEE MORE OF THAT DONE THIS THAT BOND WAS BOUGHT TRUIST BANK AND I'M SURE OTHER WOULD BE TOO I'M JUST THAT'S THE ONE THAT HAPPENED TO BUY THAT ONE SO NOT A NOT THEM AN ADVERTISEMENT HERE BUT SO THAT'S WHAT CITY OF GREENVILLE HAS DONE WE'VE TALKED GENERAL OBLIGATION BONDS OBVIOUSLY THE ABILITY TO ISSUE GENERAL OBLIGATION WITHOUT A REFERENDUM YOU KNOW UP TO 8% OF YOUR ASSESSED VALUE IN A GROWING AREA YOU HAVE AVAILABLE ASSESSED VALUE BUT YOU CAN ALSO DO IT WITH A REFERENDUM. SO THE ONLY DIFFERENCE WITH THE REFERENDUM IT'S STILL GENERAL OBLIGATION BOND. IT'S A PLEDGE OF THE FULL FAITH AND CREDIT SO YOU'LL RAISE WHATEVER TAXES ARE NEEDED TO IT BACK.

THAT'S WHAT THE PLEDGE OF FULL FAITH AND CREDIT MEANS. BUT IF IT'S REFERENDUM APPROVED IT DOESN'T COUNT AGAINST YOUR 8%. IT'S OUTSIDE THAT 8% BUCKET.

WE'VE ALSO SEEN A COUPLE OF OUR COUNTIES ARE LOOKING TO SEE HOW COUNTY PARKS COULD BE USED AS A REVENUE SOURCE. Y'ALL HAVE DONE A LITTLE BIT OF REVENUE.

ANY PARKS YOU TEND SEE IT MORE WITH INDUSTRIAL PROJECTS SO Y'ALL HAVEN'T DONE AS MUCH AS SOME COUNTIES BUT YOU CERTAINLY HAVE DONE SOME WITH A MULTI COUNTY PARK TWO COUNTIES AGREE TO WORK TOGETHER AND THEY CERTAIN PROPERTIES WITHIN THOSE PARKS AND IT'S JUST A DESIGNATION IT DOESN'T HAVE TO BE A PARK LIKE A BRICK WALL AROUND A INDUSTRIAL FOR COMMERCIAL PROPERTIES ONCE PROPERTIES IN A MULTI COUNTY PARK UNDER THE SOUTH CAROLINA CONSTITUTION THE COUNTY CONTROLS HOW THE MILLAGE IS DISTRIBUTED SO YOU THINK OF A NORMAL PROJECT SCHOOL DISTRICT GETS X AMOUNT BASED ON MILLAGE, CITY GETS X AMOUNT COUNTY GETS X IN A MULTI COUNTY PARK WITH LIMITED EXCEPTIONS THE COUNTY DECIDES HOW MONEY IS DISTRIBUTED. CITIES DO HAVE TO CONSENT WHEN WHEN THEIR PROPERTY IS PLACED IN MULTI-COUNTY PARK OTHER POLITICAL ENTITIES DON'T HAVE A CONSENT RIGHT FOR MULTI-COUNTY PARKS AND WHAT MULTI-COUNTY PARK WOULD ALLOW IT TO DO AND WHAT WE'RE SEEING SOME LOOK AT YOU YOU'RE ALLOWED TO GIVE CREDITS OFF THAT FOR SPECIFIC PROJECTS.

SO FOR EXAMPLE PROJECT WE'RE COMING IN AND THE COUNTY WANTED TO OFFSET OF THEIR OPERATING COST THE COUNTY COULD AGREE SAY FOR THE FIRST TEN YEARS TO GIVE THEM A 20% CREDIT ON THEIR ANNUAL IN LIEU BILL. SO IT COMES LIKE A TAX BILL BUT IT'S A FEE AND LOCAL COUNTY HAVE THAT ABILITY TO DO THAT AGAINST TAX BILLS BUT THIS HAS BEEN A TOOL IT'S BEEN USED BY A BUSINESSES FOR MANY, MANY YEARS IN SOUTH CAROLINA BUT NOW SOME OF OUR MORE URBAN COUNTIES ARE REEXAMINING HOW COULD WE USE THIS FOR AFFORDABLE HOUSING NOT JUST TO ATTRACT JOBS TO AN AREA. SO THAT WOULD BE A MULTI COUNTY PARK.

IT'S A COUNTY CONTROLLED PROCESS BUT THE CITY WOULD ALSO PLAY A ROLE AND I KNOW WE'VE THROWN A LOT OUT SO PLEASE ASK QUESTIONS. I'M JUST TRYING TO GIVE YOU SOME IDEAS THE TAX INCREMENT FUNDING AREAS OF COURSE, LARRY .

GARY, I JUST WANT TO CIRCLE BACK TO YOUR TWO AND A HALF MILLION THAT WAS OBLIGATED BY THE COUNCIL AND WAS IT GIVEN TO THE 51163 FOR THEIR USE WITHOUT SUPERVISION? WAS A GRANT TO THEM AT THE CASH RATE SO AS PROTECTION THE BANK WHAT IT WAS SET UP WAS THERE WAS AN ESCROW AGREEMENT THAT THE BANK HOLDS SO THAT MONEY GOES STRAIGHT TO THE ESCROW HOLDER WHICH IS THE THAT DID THE LENDING THE TRUIST BANK IN THE SENSE SO TO USED FOR DEBT SERVICE ON ON THAT BOND LIMIT OH I SEE OKAY GOT IT NOW THE CONNECTION OF THE TWO AND HALF MILLION IS TO THE DEBT SERVICE TO THE BOND. I HAVE IT NOW.

THANK YOU. OKAY SO I MEAN SO THAT FOR THAT'S RIGHT SO THAT THAT'S GOING BACK TO THE YOU KNOW THE TWO HALF MILLION ALLOWS THEM TO BORROW THE 14 MILLION AND THE 14 MILLION IS WHAT'S BEING USED FOR THE PROJECTS AND THEN AS THE CITY MAKES IT GOES TO THE ESCROW ACCOUNT SO THAT IT'S THERE FOR DEBT SERVICE. RIGHT.

AND WILL THAT WILL THAT EVENTUALLY RETIRE THE BOND YEAH SO IT ACTUALLY IT'S NOT GOING TO BE ENOUGH IN AND OF ITSELF BUT THE HOUSING AUTHORITY HAS HAS OTHER DOLLARS BUT IT WOULD BE A GO A LONG WAYS BUT IT WON'T BE ENOUGH TO DO ALL OF THEM.

OKAY. YOU SO WE'RE WE TAX INCREMENT FINANCING SO YOU ALL HAVE SEEN SOME OF THIS THERE HAVE BEEN VARIOUS VARIOUS TIFFS WHAT WE CALL RIGHT SO TIPS ARE USED IN

[00:40:02]

AN AREA MOST WHERE THERE'S NOT YET DEVELOPMENT OR THERE'S UNDER UNDER AND IT'S GOING TO BE EITHER REDEVELOPED OR DEVELOPED. RIGHT.

SO THAT IT'S NOT ALREADY AT ITS TOP DOLLAR VALUE. RIGHT BECAUSE IT'S ALREADY FULLY DEVELOPED. THERE MAY BE INCREMENTAL INCREASE BUT THERE'S NOT A LOT OF INCREASE LEFT TO COME. SO IDEALLY YOU'RE LOOKING FOR AREA THAT IS YOU KNOW THERE'S NOTHING THERE NOW OR WHAT'S THERE IS GOING TO BE TORN DOWN AND REBUILT OR SUBSTANTIALLY IMPROVED SO TIFF AS A TOOL COUNTIES BEFORE CITY BEFORE HAS USED BEFORE IT DOES TAKE THE THE CONCERN OF THE OVERLAP TAX DISTRICTS IF THEY'RE MILLAGE IS GOING TO BE PART OF THE INCREMENT AGAIN IT CAN BE A REALLY SUCCESSFUL TOOL PARTICULARLY IF YOU'RE LOOKING AT AN AREA THAT WE IS UNDERVALUED TODAY EITHER IT'S UNDERVALUED BECAUSE THERE'S NOT THE INFRASTRUCTURE THAT IT NEEDS IT'S UNDERVALUED FOR SOME OTHER REASON AND YOU COULD USE $10 TO TO DO THAT. SO YOU YOU CAPTURE THE INCREMENT FROM WHAT THE VALUE IS TODAY TO WHAT THE VALUE IS AFTER SOME PROJECT HAPPENS AND THE TAXES THAT RESULT FROM THAT HIGHER VALUE IS WHAT YOU FOR PURPOSES OF PAYING FOR THE INFRASTRUCTURE AND HAVE YOU ALL SEEN THE TARIFFS IS THAT COULD YOU COULD YOU EXPLAIN HOW THE CITY BEFORE IT DID IT MAYBE THAT IT HELP YEAH SO WHEN THAT AND WE WORKED ON SOME OF THESE THIS WAS A LONG TIME AGO BUT SO YOU I THINK WE HAD A BOUNDARY STREET TIFF WAS ONE OF THE TARIFFS THAT WE HAD SO YOU DESIGNATE CERTAIN AREAS UNDER THE THAT ARE CREATE BLIGHT SO SOMETIMES BLIGHT IS UNDERDEVELOPED SOMETIMES IT'S ABANDONED HOUSING SOMETIMES IT'S INADEQUATE WATER AND SEWER ROADS. SO THE STATUTE LAYS THE CONSIDERATIONS YOU'RE LOOKING AT TO SAY THIS AREA ISN'T WHAT IT COULD BE BASICALLY. OKAY.

SO YOU TAKE A SNAPSHOT CITY CITY APPROVED IT IN THIS CASE OVERLAPPING TAXING ENTITIES PARTICIPATED AND YOU YOU TAKE A SNAPSHOT OF WHAT THE VALUE IS TODAY POINT IN TIME IN A POINT IN TIME. SO TODAY'S VALUE ALL THIS PROPERTY THAT WE'VE IDENTIFIED YOU DO A REDEVELOPMENT PLAN IS ,$1,000,000 IS TODAY'S VALUE AND THEN YOU USE FOR WHEN YOU READY TO DO BORROWING FROM IT WHICH WHAT TRIGGERS THIS YEAR DO A BORROWING AND THE VALUE NOW IS THE CITY STARTED PUTTING MONEY IN THE VALUES $5 MILLION SO INITIALLY WAS A MILLION NOW IT'S FIVE SO THE TAXES THAT RESULT FROM THAT $4 MILLION DIFFERENTIAL SO YOU TAKE YOUR TAXES APPLIED BY THE VILLAGES RIGHT? SO THE TAXING ENTITIES ARE STILL GETTING WHAT THEY USED TO GET LIKE YOU'RE NOT YOU'RE NOT TAKING ANYTHING FROM THERE FROM THEIR BASE YOU JUST TAKEN FROM THE INTERIM CAN THEN BE USED FOR INFRASTRUCTURE SO CITY ISSUES THAT IN THE END USE THAT FOR WATER AND SEWER LINE EXTENSIONS YOU USE THAT FOR ROADS YOU USE THAT FOR A PARK THAT MAKES PEOPLE WANT TO PUT HOUSING AROUND IT IS NOW THERE'S A RECREATIONAL AMENITY SO THE AS A GENERAL RULE IMPROVEMENTS BY ATF HAVE TO BE PUBLICLY OWNED SO THAT'S THAT'S LIMITED ITS APPLICATION SOME THAT'S DIFFERENT IN DIFFERENT STATES SO OCCASIONALLY YOU'LL SEE YOU KNOW A DEVELOPER COME FROM SAY HEY I'M IN FLORIDA WE USE TIF AND I'M GOING TO PITCH THIS TO BEAUFORT COUNTY BUT THEIR TIP IS DOESN'T HAVE THAT RESTRICTION OF PUBLIC OWNERSHIP. SO IN THE IN THE AFFORDABLE HOUSING ARENA WHERE YOU'D BE LOOKING AT IS USING THE TIP DOLLARS FOR A COUNTY TO HAVE AN INFRASTRUCTURE SERVING SO IT COULD BE INFRASTRUCTURE SERVING A PRIVATE AFFORDABLE ATTAINABLE HOUSING PROJECT OR IF YOU PARTNERED WITH A WITH A CITY UNDER THE CITY STATUTE YOU ACTUALLY HAVE THE ABILITY TO DO PRIVATELY OWNED ATTAINABLE HOUSING CAN BE FINANCED WITH TIP DOLLARS AND AS WE'RE LOOKING AT DIFFERENT THINGS YOU KNOW, OVER TIME, YOU KNOW, THE STATUTES HAVE BEEN AMENDED AND Y'ALL OBVIOUSLY HAVE A VERY ACTIVE LOCAL LEGISLATIVE LEGISLATIVE INCLUDING THE ACCOMMODATION FEES. SO WE'RE GOING TO TALK ABOUT IN A MINUTE AS WELL WITH SENATOR DAVIS THAT RIGHT NOW THE MUNICIPAL TIFF STATUTE IS BROADER IN ITS APPLICATION THAN THE COUNTY. SO THE COUNTY CAN DO IT BUT YOU'RE LOOKING AT INFRASTRUCTURE FOR PRIVATE DEVELOPMENT FOR THE COUNTY ONE YOU CAN'T FINANCE THE ACTUAL BUILDING ITSELF BUT I WOULD SUGGEST THIS MAY BE A TIME THAT THERE BE SUPPORT FOR MAKING THOSE STATUTES SIMILAR. AND THEN I THINK THE LAST PLACE

[00:45:01]

ON MY LIST I WANTED TO GO TO WAS THE RECENT CHANGES TO THE ACCOMMODATION.

IT'S GOTTEN A LOT OF ATTENTION FROM THE CITY AND COUNTY MANAGERS ASSOCIATION AND THE COUNTY AND CITY ASSOCIATIONS THEMSELVES. SO I THINK I THINK FOLKS ARE PRETTY AWARE OF THIS. IT'S A REALLY, REALLY POWERFUL STAFF.

SO TO BE ABLE TO USE ACCOMMODATION FEES FOR WORKFORCE I WOULD URGE YOU ALL TO CONSIDER I'M HOPING THIS IS JUST THE FIRST STEP THAT IT'S ONLY 15% AND IT'S ONLY UNTIL 2030. SO IT'S A STEP THOUGH AND IT'S A REALLY IMPORTANT AND I'M VERY SUPPORTIVE OF THAT. I'M HOPING THAT THE LEGISLATURE WILL BROADEN IT AND LENGTHENING IT AND LOOK AT THE HOSPITALITY TAX DOLLARS IS A LOT OF AREAS COLLECT MORE HOSPITALITY TAX DOLLARS THAN THEY DO ACCOMMODATION TAX DOLLARS BUT AGAIN SUPER SUPER POWERFUL AND AND I THAT AS A SIGN THAT ON THE STATE LEVEL THERE'S GROWING SUPPORT FOR GIVING LOCAL GOVERNMENTS MORE TOOLS AND I HOPE WE CONTINUE TO SEE THAT ON THE ATTAINABLE FRONT.

SO LET ME JUST LOOK OVER HERE. IS THAT WE HAD A PRE MEETING AND I KIND OF TALKED ABOUT THAT WE LEAVE ANYTHING OUT JOHN THAT WE WILL COVER ANYWAY SO THAT WAS A LOT THROUGHOUT OUT AND NO ONE EXPECTS Y'ALL TO ABSORB ALL THE ON ONE MEETING BUT I'M HAPPY TO HAVE SOME BACK AND FORTH OR ASK QUESTIONS ABOUT ANY OF THOSE THIS MORNING OH I HAD ONE BEFORE I SERVED THIS MORNING I LISTENED TO SOUTH CAROLINA ASSOCIATION OF COUNTIES SEMINAR YEAH AND TALKED ABOUT THE ACCOMMODATION TAX THEY MENTIONED THAT YOU COULD EVEN GO AND USE PREVIOUS YEAR FUNDS BUT I DON'T THINK THAT'S POSSIBLE FOR US BUT THAT WHICH SURPRISED ME I WAS SURPRISED YEAH SO I WON'T SAY THAT YOU COULDN'T DO IT. I WOULD HAVE SEE HOW YOU WOULD SHOW THAT YOU'RE SATISFYING THAT 15% TEST BECAUSE I DON'T I DON'T THINK IT'S 50% OF WHAT YOU COLLECTED IN THE AGGREGATE EVER. RIGHT.

THAT WOULD SO BUT SO BUT MAYBE MAYBE THERE'S SPECIFIC LANGUAGE I'M NOT THINKING OF AT THE MOMENT THAT SAYS IT'S 50% OF KIND OF WHAT YOU HAVE GOING FORWARD OR WHAT YOU CURRENTLY HAVE SITTING AND THEN WHEN I DON'T KNOW THAT TO BE THE CASE BUT I COULD SEE THAT YEAH.

AND THEN THEY THEY THEY WERE A MAJOR FORCE HELPING THAT SO I BELIEVE THEM.

I JUST I HAVEN'T SEEN I HAVEN'T SEEN THAT OPEN IT UP SO WHEN WE THE 15% OF USING A TAX MR. KEVIN EXPLAINED TO US ALL THAT THERE WAS A THERE WERE A LOT OF HOOPS TO JUMP THROUGH WHAT I MEAN I WROTE TO SENATOR DAVIS ASKING WHAT'S UP WITH THAT I MEAN THERE ARE A LOT OF HOOPS TO JUMP THROUGH ANY WAY THAT'S GOING TO BE RELAXED THE LITTLE BIT WAS I MEAN THIS IS THIS IS BRAND NEW RIGHT SO I THINK IT'S CERTAINLY REASONABLE TO THINK SAME TIME THAT I HOPE THAT WE GET BROADER AND DEEPER IN THE USE OF THAT THAT WE CAN SEE HOW IT'S WORKING AND PERHAPS SOME OF THOSE THINGS BE NEEDED. SO I THINK I THINK WHEN NEW TOOLS ARE OPENED UP TO LOCAL GOVERNMENTS SOMETIMES THERE'S A A NATURAL RETICENCE TO SET A LOT OF PARAMETER AND A LOT OF RESTRICTIONS. BUT WE CAN I THINK HAVE SOME POSITIVE MOMENTUM OF HOW THIS IS BEING USED. BUT IT WOULD BE EVEN BETTER IF IT WAS BIGGER LONGER AND LESS RESTRICTIVE. BUT I WOULD BE HOPEFUL. OKAY.

YES. YES, SIR. THE THING THAT YOU TALKED ABOUT IN GREENVILLE WHERE THEY PUT UP MONEY THAT WAS THEN TO GET A LARGER LOAN THE CITY OF GREENVILLE YES SIR. WHEN WE ESTABLISHED THE HOUSING TRUST EACH OF THE ENTITIES PUT UP A SOME SUM OF MONEY AND PLEDGED A SUM OF MONEY OVER A TEN YEAR PERIOD OF TIME COULD WE LEVERAGE THAT TO BORROW MONEY OUR PORTION BECAUSE OTHER ENTITIES ARE THE MUNICIPALITIES AND I CAN'T USE THEIR MONEY. BUT IS IT POSSIBLE THAT WHAT WE PLEDGED COULD BE USED IN THE MANNER THAT GREENVILLE YEAH. SO WHO JUST I WANT TO MAKE SURE I UNDERSTAND YOUR QUESTION.

SO WHO WHO WHO IS THAT MONEY GOING TO TODAY? RIGHT NOW IT SITS WITH THE HOUSING TRUST EACH OF THE ENTITIES USING FUNDS CREATED THE HOUSING TRUST WE THE COUNTY PUT IN THE MOST MONEY OBVIOUSLY WE'RE THE BIGGEST ENTITY.

SURE. AND WE'RE PLEDGING A SPECIFIC AMOUNT OF MONEY OVER A TEN YEAR PERIOD SUBJECT TO APPROPRIATION IN EACH YEAR'S BUDGET. SO WHAT I'M ASKING IS THE MONEY THAT'S THERE COULD OUR PORTION BE USED LIKE GREENVILLE DID TO TAKE THAT TO LEVERAGE TO GET A MUCH LARGER LOAN TO CONDUCT A PROJECT? RIGHT.

SO MEAN IT DOES SOUND VERY SIMILAR TO WHAT GREENVILLE DID. I GUESS THE PART THAT I WOULD NEED TO SEE IS WHEN WE TALK ABOUT THE MONEY THAT'S ALREADY THERE AS OPPOSED TO MONEY

[00:50:04]

COMING IN, I WOULD JUST I WOULD NEED TO THINK ABOUT THAT I THINK TO WHAT THAT WOULD LOOK LIKE BUT CERTAINLY GOING FORWARD IT SOUNDS LIKE WOULD BE THE SAME MODEL MODELS.

WHAT SAY YOU GREENVILLE JUST DID BUT IF YOU'RE ALSO LOOKING TO LEVERAGE DOLLARS THAT ARE ALREADY THERE WE NEED TO THINK ABOUT THAT. BUT BUT IN QUESTION, YOU KNOW ABSOLUTELY BUT BUT OTHERWISE THAT STRUCTURE SOUNDS VERY, VERY SIMILAR TO WHAT WE SAW IN GREENVILLE AND YOU WANT TO ALSO HAVE SOME QUESTIONS. YES, SIR.

IF I MIGHT AND I APOLOGIZE COMING OUT OF THE NO WORRIES I MIGHT ASK WHEN WE AT THE CONSIDERATION OF THE APPLICANTS APPLYING FOR THESE AFFORDABLE HOMES AND WE USE THE MEDIUM AVERAGE INCOME OF 40%, 6% AND 80% AND THEN WE CONSIDER THE PERCENTAGE THAT THE APPLICANT BE REQUIRED AND FOR THE 40% THE APPLICANT WOULD REQUIRED TO MATCH 20% AND I'M PAGE 75 ITEM NUMBER SIX JUST FOR YOUR INFORMATION AND WHAT WHAT I'M QUESTIONING IS A 60% MEDIUM INCOME THERE'S A 60% REQUIRED MATCH FROM THE APPLICANT IF I'M NOT MISTAKEN.

AND WHAT PUZZLED ME IS THAT 80% THERE'S ONLY A 20% REQUIRED. SO THE THE MEDIUM INCOME AT 40% AND THE MEDIUM INCOME ARE 80% THEY'RE BOTH REQUIRED THE SAME 20% MATCH AND THAT DOESN'T SEEM FAIR YOU THE MAIN PACKAGE FOR TONIGHT'S OH OKAY HE'S NOT GOING TO BE YOU KNOW IS THIS A SPECIFIC PROGRAM THE COUNTY ALREADY HAS? I'M NOT SURE WHAT THE SPECIFICS OF WHAT WE'RE I'M NOT SURE I WOULD YOU KNOW I DON'T THINK IS FOR REFERRING OF DURING THE MATERIAL IT IS A COMPILATION OF STATUTES VARIOUS PROGRAMS FROM PARTICULARLY COUNTY OF GREENVILLE AND THE CITY AND WHAT YOU REFER TO AS FINGERPRINTING IS GREENVILLE COUNTY IS YEAH THEY'RE EVERY 40 YEARS SO I'M THAT WASN'T IMMEDIATELY FOLLOWING WITH WHERE YOU'RE GOING COUNCILMAN BUT YES THAT'S PART OF GREENVILLE COUNTY'S THEY DID AN INITIATIVE WHERE THEY WANTED KIND OF SOME PARAMETERS WORKFORCE ATTAINABLE HOUSING INCLUDING THROUGH THEIR MULTI-COUNTY PARK PROJECT WHICH IS WHICH IS A NEW PROJECT.

SO THOSE WERE DECISIONS BELIEVE MADE BY GREENVILLE COUNTY. I JUST WOULD HAVE TO LOOK AT THEM BUT I DON'T THINK THERE'S ANYTHING THAT THAT WOULD LIMIT HOW IT WAS APPLIED IN BEAUFORT COUNTY. YEAH, OURS COULD BE THIS EXAMPLE RIGHT NOW WAS JUST AN EXAMPLE. YEAH. I MEAN WE COULD CHANGE FULTON COUNTY MOODY COUNTY DEPARTMENT POLICY IN GREENVILLE THEY INCENTIVE PARAMETERS ANY WAY THEY WANTED TO AND SO FOR ANYONE TO DO THE SAME SAME MODEL THEY COULD.

RIGHT THAT'S RIGHT AND I'M I WASN'T I MEAN I DO I DO A LOT OF WORK WITH GREENVILLE COUNTY.

I DIDN'T WORK IN THAT SPECIFIC PROJECT BUT I'M GUESSING THE THOUGHT WAS IN TERMS OF AFFORDABILITY IN TERMS OF GOING FORWARD THAT 20% WHICH IS THE SAME AS WHAT FOR EXAMPLE PRIVATE HOMEOWNERS NEED YOU KNOW NOT TO HAVE MORTGAGE INSURANCE IS YOU KNOW CLOSE TO 20% THAT'S WHY IT WAS THAT SAME 20%. I'M I'M ASSUMING JUST IN TERMS OF ABILITY TO MAKE FUTURE PAYMENTS BUT I DON'T I DON'T KNOW THAT TO BE THE CASE BUT I'M I'M GUESSING THAT'S WHY IT WAS THE SAME FOR BOTH THE OTHER QUESTIONS.

YES YEAH YEAH FOR ME PARTICULARLY I WANT TO DO SOMETHING WITH AFFORDABLE HOUSING ACROSS COUNTY ADDRESSING THOSE NEEDS IN VARIOUS COMMUNITY ETCETERA ETCETERA AND WHAT'S WORKABLE FOR THOSE COMMUNITIES AND I AM GOING TO ASSUME THAT YOU'VE GOTTEN WITH THE ADMINISTRATION AT THIS TIME HERE OR WILL BE GETTING WITH THE ADMINISTRATION TO GIVE SOME SUGGESTION FOR BEAUFORT TO MOVE FORWARD WHETHER IT'S ONE, TWO OR THREE DIFFERENT APPROACHES TO WHAT IS THE BEST APPROACH TO WE COULD USE AND THIS THE BODY HERE WILL DECIDE ON AND I'M GOING TO HAVE TO REALLY DEPEND ON YOUR EXPERTIZE AND OTHERS TO KIND OF GUIDE ME TO IN THAT DIRECTION BUT AFFORDABLE HOUSING AND WORKFORCE HOUSING IS SOMETHING THAT'S A TOP PRIORITY FOR THIS COUNCIL AND FOR ME AS WELL.

SO I DON'T HAVE A QUESTION HERE OTHER THAN I GUESS THE QUESTION IS ARE YOU WORKING WITH THE

[00:55:07]

ADMINISTRATION TO GIVE US SOME GUIDELINES AND APPROACHES TO MOVING FORWARD? YEAH, ABSOLUTELY. AND I THINK THAT'S A BIG PART OF WHY I'M HERE TODAY.

THAT'S WHAT THE ADMINISTRATION WANTED WERE YOU KNOW YOU KNOW CANDIDLY YOU KNOW VERY MUCH YOU KNOW, KIND OF INFANCY OF BUT I THINK THERE'S THERE'S CERTAINLY AN UNDERSTANDING OF HOW IMPORTANT THIS ISSUE ISSUE IS TO COUNCIL AND A REALIZATION HOW IMPORTANT THE ISSUE IS TO THE COMMUNITY. SO WE'RE I'M ALL IN ON THAT COMES MY GLOVE OR IS IT JUST A PART OF WHAT WE NEED TO DO? YOU KNOW, I DON'T I DON'T WANT TO SPEND TOO MUCH TIME TALK ABOUT HOW WE DO OR FOR EXAMPLE REFERENDUM IF COUNCIL SAYS THERE'S NO NO DESIRE ON THIS COUNCIL TO HAVE A REFERENDUM ISSUANCE SO LIKE YOU KNOW WE CAN PRESENT ALL THAT BUT WANT TO MAKE IT TAILORED TO THINGS THAT YOU KNOW IT SEEMS LIKE SEEM LIKE A GOOD FIT TO TO TO THIS COUNCIL. SO WE'RE WE'LL ALSO BE LOOKING FOR THAT FEEDBACK IF YOU SAY THAT'S GREAT THAT THIS WORKED SOMEPLACE ELSE THIS ISN'T A GOOD THING FOR US BUT PUT ON THIS OTHER PATH AND THEN WE'LL DIG DEEP THERE WHERE WE CAN MAKE IT AS BROAD AS YOU WANT AND BRING BACK YOU KNOW, ONE, TWO, THREE, FOUR OR FIVE AND THREE LIKE AS WELL.

SO WE JUST HAVE TO FIND WHAT YOU'RE TRYING TO FORCE FEED ANYTHING.

I'M JUST TRYING TO EXPLAIN WHY WE'VE SEEN IT WORKED THEN WHAT WORKS FOR THE BEAUFORT COMMUNITY IS WHY WE WANT TO HELP Y'ALL. I THINK COUNCILMAN MCCLELLAN HAS ONE LAST ONE FINAL QUESTION, ROSCOE. YES, SIR.

YOU MENTIONED WATER AND SEWER. A LOT OF THE PLACES THAT WE MIGHT NEED TO BUILD IN THIS TYPE OF AFFORDABLE WORKFORCE HOUSING THERE IS NO AND SEWER AND YOU MADE A CONNECTION OF HOW TO PERHAPS PROVIDE WATER AND SEWER IN ADDITION TO ENGAGING AND BUILDING THE WORKFORCE HOW OR REMEDIATING WORKFORCE HOUSING WILL YOU BE ABLE TO THIS MINUTE OF FOLLOW UP CAN YOU BE CLEAR FOR US ON THE CONNECTION WITH REGARD TO WATER AND SEWER DEVELOPMENT AND WORKFORCE HOUSING IN THE EVENT THERE IS NO WATER AND SEWER WHERE WE WANT TO BUILD? ABSOLUTELY. SO I THINK I WAS TALKING SPECIFICALLY IN THAT CASE THE TIFF BECAUSE THE TIFF TRIES A REQUIREMENT FOR PUBLIC OWNERSHIP INCLUDING YOU KNOW, WATER AND SEWER WOULD WOULD QUALIFY THAT. BUT I WANT TO BE LIMITED TO THAT SO YOU COULD BUT ABSOLUTELY I MEAN OFTEN WE SEE YOU KNOW, WHAT ARE THE AMENDMENTS TO THESE PROPERTIES BEING DEVELOPED, RIGHT. SO ONE IS WHERE THIS PROPERTY EXISTS. THAT'S WHERE PEOPLE NEED TO OR WANT TO, WRIGHT SAYS.

BUT SOMETIMES THE ISSUES HERE THIS IS ALL GREAT BUT THERE'S NO NO SEWER ON THIS PROPERTY, RIGHT? SO SO WOULD BE ONE PLACE WE COULD TALK ABOUT COUNCILMAN BUT IT COULD BE BROADER. I MEAN YOU CAN YOU CAN YOU CAN DO GENERAL OBLIGATION BONDS TO EXTEND WATER AND SEWER LINES. I MEAN BUT YES, SIR, ABSOLUTELY.

BECAUSE THAT IS A CRITICAL COMPONENT. OKAY.

THANK YOU. THIS WHEN YOU DESCRIBED IT AS A BUFFET REALLY IS SO YOU MIGHT HAVE A LITTLE INDIGESTION HERE BUT IT'S LIKE A WE JUST NEED TO DECIDE HOW MUCH WE WANT TO EAT AND WHAT WE. THAT'S RIGHT. AND IT'S AND I THINK IT'S YOU KNOW, THIS IS HUGE AND Y'ALL ARE AHEAD A LOT OF AREAS IN TERMS OF THE RECOGNITION THAT YOU'RE GIVING IN IT AND IT'S OKAY TO START WITH PICK PICK YOUR FAVORITES RIGHT WHERE DO YOU WANT TO START OF THE BUFFET AND IT'S NOT GOING TO BE THE ONLY THING YOU CAN DO BUT WE DON'T HAVE TO DO IT ALL AT ONCE . KNOW VERY GOOD.

EXCELLENT ONE. OKAY. YEAH.

IF I MIGHT FOLLOW UP ON COUNCILMAN MICHAEL AND THE QUESTION ABOUT THE AVAILABILITY OF WATER AND IN THE EVENT THAT WATER AND SEWER IS PROHIBITED YOU'LL FIND THOSE MOSTLY IN THE RURAL PARTS OF THE COUNTY WATER SEWER IS PROHIBITED. SO THEN THE ONLY OF WATER SUPPLY WOULD BE A PRIVATE WELL SO THIS THIS PROGRAM WOULD NOT BE PROHIBITED OR THE CONSTRUCTION OF THE HOME WOULD NOT BE PROHIBITED BECAUSE WATER AND SEWER IS NOT APPLICABLE SO YOU DON'T HAVE TO HAVE THE WATER AND SEWER. I MEAN SO IF A PRIVATE HOMEOWNER HAD A SEPTIC TANK IN HIS OR HER OWN WELL I MEAN YOU COULD STILL DO THESE OTHER THINGS WE TALKED ABOUT BUT I WAS TALKING ABOUT YOU KNOW THE INFRASTRUCTURE ITSELF FOR THE WATER AND SEWER COULD BE FINANCED THROUGH SOME OF THE THINGS WE'VE TALKED ABOUT.

BUT YOU COULD HAVE YOU KNOW, IN A RURAL AREA SOMEONE'S ON A SEPTIC TANK FOR EXAMPLE.

IT DOESN'T MEAN THESE OTHER THINGS WOULD GO AWAY. ALL RIGHT.

ALL RIGHT. THANK YOU. OH, I THINK OUR ADMINISTRATOR IS GOING TO FOLLOW UP. IS THERE ONE MORE THING THAT. OH, YES.

YES, THERE IS. FIRST, THANK THANK YOU SO MUCH, JEREMY, FOR COMING TODAY.

HE DID MEET WITH US EARLIER SO WE CAN HAVE A LUNCH MEETING TO GET SOME THINGS FIGURED OUT.

TWO WEEKS AGO MYSELF AND STAFF MET WITH WENDY ZORA AND STUART IN THE BACK OF THE ROOM.

WE HAD A GOOD CONVERSATION AND AS WELL AS MET WITH THE COMMUNITY WORKS AND HAD SOME REALLY GOOD DISCUSSIONS WITH ALL THE PARTIES. I ALSO WANT TO THANK COUNSEL AND I APPRECIATE YOUR PATIENCE AS I LEARN ABOUT THIS VERY COMPLEX ISSUE AND DIFFERENT WAYS TO SOLVE IT AND THE EXAMPLE OF USING SOLUTIONS AS A BUFFET IS EXACTLY AS WE'VE TOM

[01:00:07]

CARBONE DONE TONS AND TONS OF RESEARCH LOOKED AT WHAT OTHER OTHER NEARBY LOCAL MUNICIPALITIES HAS DONE LOOKED AT WHAT OTHER FOLKS THROUGHOUT THE STATE HAVE DONE SEARCHING FOR SUCCESSFUL EXAMPLES AND I REALLY THINK IT'S GOING TO BE THAT BUFFET OF SUCCESSFUL EXAMPLES THAT ARE GOING TO PUSH US FORWARD. OUR INTENT OR MY INTENT IS TO IS TO COME TO COUNCIL ASKING FOR GUIDANCE, OUR STRATEGIC PLANNING PROCESS.

I'M CERTAIN THAT AFFORDABLE HOUSING IS ON OR WORKFORCE HOUSING IS AT THE TOP OF OUR CONCERNS AS WE DEVELOP OUR STRATEGIC PLAN AND THEN BEGIN OUR BUDGETING PROCESS FOR NEXT YEAR. SO THAT WILL BE SOMETHING THAT'S REALLY THE FOREFRONT AND IMPORTANT FOR US TO TACKLE AND KNOW WE A FEW MINUTES BEFORE OUR 3:00 MEETING STARTS I CAN TALK BRIEFLY ABOUT SOME PROJECTS THAT WE HAVE THAT WE'RE WORKING ON NOW.

I THINK HANK IS PREPARED TO TO DISCUSS FOR JUST A FEW MOMENTS SOME ACTIONS GOING ON RIGHT NOW. YES, SIR. OH, HE'S GOOD.

ALL RIGHT. COME UP AND GET HOLD OF ALL THE BACKYARD ON I I SHARE WITH YOU A A POSSIBLE THAT WOULD BE YES, SIR. FOR SOMETHING LIKE THIS YOU AND I'M NOT YOU KNOW, BECAUSE YOU KNOW I DON'T OWN THAT SOMEBODY ELSE IS ON IT.

I WOULD LOVE FOR YOU AND I DON'T THINK HE WOULD HAVE A PROBLEM IF YOU USE IT AS AN EXAMPLE OF WHAT COULD HAPPEN OR WHAT CAN HAPPEN AND WITH ALL THESE VARIOUS OPTIONS THERE THERE'S BEAUTIFUL MODEL THAT FITS WITH WHAT YOU'RE TALKING ABOUT AND SOME AGENCIES HAVE USED THIS WHERE THE COUNTY AND PURCHASED A PIECE OF PROPERTY AND THEN PARTNER A DEVELOPER TO TO BUILD OR A WORKFORCE HOUSING KIND OF PROPERTY ANYTHING FROM SMALL PROPERTIES FROM A FEW ACRES TO TOO MANY ACRES. YOU KNOW THEY USE THAT AS AS A MODEL AND THEN YOU KNOW YES, SIR. HANKS GOING TO TALK ABOUT ONE OF THOSE THAT WE'RE WORKING ON NOW STILL IN MY THUNDER NOTES TO MY THUNDER A LITTLE BIT. YEAH.

I DON'T KNOW HOW WE CAN PLUG THIS END OF A ALL RIGHT. WE DO WANT TO GIVE A COUPLE UPDATES AND AS THEY TODAY AND WE SPOKE ABOUT KIND OF SO MANY DIFFERENT OPTIONS OF HOW TO DO THESE THINGS WHAT WE FOCUSED ON ARE SOME PRETTY CLEAN AND QUICK OPTIONS THAT WOULD INVOLVE THE ONE THAT WE DIDN'T TALK ABOUT WHICH IS LAND CONTRIBUTION OR WHERE THE PUBLIC ENTITY BUYS OR PREVIOUSLY OWNS PROPERTY AND WHAT YOU CAN DO HERE IS CONTRIBUTE IT WHETHER THAT'S THROUGH A LONG TERM LAND LEASE OR IN SOME CASES THERE'S EVEN A TRANSFER WITH COVENANTS AND RESTRICTIONS BUT THAT'S HOW YOU CAN OFF SOME OF THESE EXPENSES TO MAKE THESE PROPERTIES AND THESE PROJECTS MORE DOABLE ON A PRO FORMA BASIS. AND SO THE TWO THAT I'VE BEEN FOCUSING ON LET'S SEE IF I CAN HAVE THE ARROWS HERE. ONE IS THAT BUCKWALTER IF YOU REMEMBER EARLIER THIS YEAR WE AUTHORIZED ADMINISTRATOR TO PUT THIS PROPERTY UNDER CONTRACT BUT WE WERE IMMEDIATELY THEREAFTER THAT THERE WERE NO RESIDENTIAL DWELLING UNITS ON THAT SO THAT WAS WHERE THE BULK OF OUR WORK HAS GONE. I MET WITH THE HOUSING COMMITTEE LAST THURSDAY AT THE TOWN OF BLUFFTON. THEY ARE IN FAVOR OF THIS PROJECT. WE IN THE PROCESS HAVE PARTNERED WITH ANOTHER PUBLIC WHICH WOULD BE MEMORIAL HOSPITAL WHICH WE'VE SHOWN MANY SUCCESSFUL PARTNERSHIPS OVER THE LAST COUPLE OF YEARS MANY, MANY YEARS BUT OVER THE LAST COUPLE OF YEARS ESPECIALLY BECAUSE THEY ARE IN NEED OF WORKFORCE HOUSING AND THEY'VE EVEN GOTTEN INTO AS MISSOURI MENTIONED INTO THE DEVELOPMENT SIDE TO START SEEING IF WE WANT TO MOVE THE NEEDLE LET'S DO IT. SO WITH THE BUCKWALTER THROUGH OUR DISCUSSIONS OF GETTING THESE RESIDENTIAL DWELLING UNITS THE TOWN AND THE MAYOR SPOKE BACK TO ME AND TO RUSS ABOUT WHAT IF WE COULD ACCOMPLISH TWO THINGS AND ACTUALLY GET SOME MORE MEDICAL OFFICE OFFERINGS AND STILL GET THE UNITS OF THE AFFORDABLE HOUSING MAKE ALL THESE NUMBERS MAKE SENSE AND SO WHAT WE PROPOSED WITHOUT READING ALL THIS SLIDE TO YOU BECAUSE IT TALKS ABOUT THE STEPS OF ENGAGING AN ENGINEER I KNOW YOU GUYS DON'T HAVE TOO MUCH TIME BUT WE ARE TO THAT POINT WHERE WE HAVE PLANS THEY HAVE A PARTNER NAMED WATER COOPER COMPANY ON THE OTHER DEAL FOR OAKAJEE AND THEY WERE PROPOSED TO PUT IN THIS APPLICATION BY DECEMBER 17 FOR THE TAX PORTION AND WE REQUESTED 120 DWELLING UNITS ON THURSDAY THAT WILL GO TO THEIR COUNCIL I BELIEVE AT THEIR NEXT MEETING THEY HAVE WHAT'S CALLED A DWELLING BANK RESIDENTIAL DWELLING UNIT BANK WITHIN THE BUCKWALTER PAD. YEAH I'VE GOT A COUPLE PICTURES OF THIS PROPERTY IF IT WILL. AS YOU SHOULD SEE THIS IS JUST NORTH JUST ACROSS THE STREET FROM PLACE IT'S 10.9 ACRES. IT'S IN A GREAT VIEW AS WE TALKED SOMETIMES THERE'S NO

[01:05:05]

WATER AND SEWER. YOU'RE TOO FAR FROM SERVICES OR YOU'RE TOO FAR FROM A JOB.

IN THIS CASE IT'S GREAT ACROSS THE STREET FROM SERVICES IS RIGHT IN THE MIDDLE OF WHERE JOBS ARE AND IT'S ON A PUBLIC TRANSIT ROUTE WITH A PERMIT TO REACH THE TOWN.

WE'VE ASKED FOR THEM TO CONTRIBUTE THESE UNITS THESE UNITS ARE WORTH SOMETHING BUT THEY ARE VERY MUCH BEHIND THIS THAT THEY WOULD CONTRIBUTE THESE WE COULD THEN TURN AROUND POTENTIALLY I WAS GOING TO WAIT AND MAKE A MORE FORMAL PRESENTATION WHEN RUSSELL IS HERE TO MAKE THE REQUEST BUT THE REQUEST WOULD BE FOR THE COUNTY TO PARTNER WITH THEM ON THE PORTION OF THE LAND THAT WOULD BE FOR AFFORDABLE HOUSING BECAUSE A LOT OF TIMES THE MEDICAL OFFICE CAN STAND ON OWN. THIS HELPS THE OVERALL DELIVERY OF MEDICAL SERVICES THE BOSTON AREA IT GREATLY HELPS THE AFFORDABLE SITUATION BECAUSE OF 120 UNITS WHICH WOULD BE A MIX BETWEEN TWO AND THREE BEDROOM UNITS.

IT WOULD BE 100% AFFORDABLE AND A MIX BETWEEN 4060 AND 80% OF AMI.

SO ALL BE VERY RELATIVELY I CAN SAY VERY AFFORDABLE UNITS BECAUSE A LOT OF THEM ARE 100% OR ABOVE AND THE NEW WORLD BUT THIS IS JUST ONE THIS IS SOMETHING THAT COULD HAPPEN QUICKLY BUT THE ASK IN THE END WOULD BE FOR THE COUNTY TO PROBABLY LONG TERM LEASE WOULD HAVE TO FIGURE OUT HOW THE OWNERSHIP STRUCTURE WORKS BUT WE WIN BECAUSE THERE'S MEDICAL OFFICE DELIVERY. THERE IS AFFORDABLE HOUSING RIGHT NEXT TO ALL THESE.

SO IF THERE ARE ANY QUESTIONS ON THIS ONE YOU CAN DO IT NOW OR ASK ME LATER.

THIS IS VERY EXCITING AND HAS COME A LONG WAY. IT SEEMS LIKE IT TAKES FOREVER BUT THEN ALL OF A SUDDEN AT THE END IT STARTS BUILDING AND CLICKING THE ONE COUPLE MORE SLIDES JUST IT'S COMPLICATED. YES THERE ARE MANY HOUSES THAT THESE WOULD BE APARTMENTS AND THEY'D BE 120 UNITS AND WHO ARE WE MOVING DEVELOPMENT. WE WILL BE ENVIRONMENTALLY SENSITIVE. OH ABSOLUTELY. THAT'S RIGHT NOW GOING ON CURRENTLY AND THERE ARE A LOT OF MOVING PARTS GOING ON THEY HAVE WE ENGAGED WARD EDWARDS ENGINEERS TO DO SITE PLANNING TO THAT'S RIGHT NOW GOING ON CURRENTLY AND THERE ARE A LOT OF MOVING PARTS GOING ON THEY HAVE ENGAGED WARD EDWARDS ENGINEERS TO DO SITE PLANNING THEY'VE GOT A OF THE WETLANDS DELINEATION MAP CURRENTLY GOING ON THEY'VE DONE ALL ALONG THOSE IS THE WOULD IT BE THE FOUR A PERIOD OF TIME SO THAT WOULD THAT'S WHY WOULD WRITE INTO THE TERMS OF THE TRANSFER A PROPERTY OR CONTRIBUTION OF PROPERTY THAT THERE WOULD GO FARTHER OUT INTO THE FUTURE BECAUSE THE OLD HISTORIC AS WE KNOW YOU TALKED ABOUT THE 25 OR 30 YEAR HORIZON AND ALL ALL OF US USED TO THINK THAT WAS LONG TIME AND NOW WE REALIZE AS THEY ROLL OFF THAT THAT'S NOT A LONG TIME. SO THAT WE SPOKE ABOUT THAT WITH THE TOWN LAST WEEK IS TO POTENTIALLY DOUBLE BUT IF WE HAVE CONTROL OF THE LAND WE CAN EVEN MAKE IT GO FARTHER OUT INTO THE FUTURE AND. THE COMPANY THAT WOULD OWN AND OPERATE THE RENTAL PORTION THE WALTER COOPER COMPANY THERE IN THEIR MISSION IS AFFORDABLE HOUSING.

A LOT OF COMPANIES DO AFFORDABLE HOUSING WHILE THE TAX CREDITS HELP PAY AND THEN IMMEDIATELY FLIP TO THE OTHER SIDE THEY WOULD BE WILLING TO PLAY WITH THE TIME HORIZON WHICH IS WHAT WE WANT TO DO AND THE YELLOW DOTTED LINE IS INTERIOR ROADS YOU KNOW ANOTHER A WAYS TO ACCESS FROM THE INSIDE OF THAT PROPERTY THIS IS THE TCL PROPERTIES YOU KNOW WE INITIALLY THOSE YOU INITIALLY BOUGHT THOSE PROPERTIES RIGHT AS I THINK I STARTED WORKING HERE RIGHT AFTER IT WAS HANDED OFF TO SAY WHAT CAN WE DO HERE AND WE ENGAGE THE LOCAL ARCHITECT AND IT BECAME KIND OF A CONVOLUTED PROCESS BECAUSE WE'RE NOT DEVELOPERS.

WHY I LIKE THE YOU KNOW, PARTNERING WITH A DEVELOPER, PARTNERING WITH THE HOSPITAL, PARTNERING WITH SOMEBODY WHO HAS A VESTED INTEREST AND PROFESSIONALS ON THEIR SIDE.

AND SO BECAUSE THEY HAVE SUCH A DIRECT NEED WE'VE HELPED WITH DEVELOPING AND TRAINING NURSES, WE'VE HELPED THEM WITH BUILDING CAPACITY AT THE HOSPITAL FOR CRISIS STABILIZATION ETC. THE NEXT THING IS WHERE DO THESE PEOPLE LIVE? SO IN THIS CASE THEY'RE IN THE PLANNING PROCESS. IT'S NOT AS FAR ALONG EVEN THOUGH WE STARTED TALKING ABOUT IT FIRST WHERE THE HOSPITAL WOULD MAKE A PROPOSAL TO REDEVELOP THOSE PROPERTIES IN A NICE MANNER. I'VE SEEN THE PRELIMINARIES IT'S GOOD THAT WILL COME BACK TO SAY THIS WOULD BE DEDICATED TOWARDS MEDICAL EMPLOYEES. THE OTHER ONE WOULD BE OPEN TO THE PUBLIC EVEN THOUGH IT'D BE ADJACENT TO THE THE ACTUAL MEDICAL OFFICE IN ORDER TO BE

[01:10:02]

IN THAT WORLD WITH MORE COOPER IT IS OPEN TO EVERYONE WE SO WE'LL BE BRINGING YOU A PROPOSAL FOR THIS I DON'T KNOW THE EXACT UNITS BUT IT WOULD BE A MIX BETWEEN SOME ATTACHED AND SOME DETACHED TO TO FIT WITH THE NEIGHBORHOOD BECAUSE THERE HAS BEEN A GOOD BIT OF FEEDBACK AND INFORMATION WITH THE NEIGHBORHOOD AND WE WANT TO MAKE SURE THAT WE DO SOMETHING THAT'S IN HARMONY WITH BUT THERE HAS TO BE ENOUGH UNITS IN ORDER FOR IT TO BE A TRUE OR ATTAINABLE SITUATION. SO WE'RE WORKING ON THAT BLEND OF IT BEST MESHES WITH THE NEIGHBORHOOD. SO THOSE TWO PROPERTIES ARE THE ONES THAT I'VE BEEN WORKING THE MOST ON AND IN ORDER LIKE I SAID TO KIND OF SHORT CIRCUIT THE PUBLIC PUBLIC PARTNERSHIP WITH THE HOSPITAL REALLY MAKES TO HELP JUMPSTART THESE FIRST COUPLE TO GET THEM GOING AND THEN LONG TERM WE CAN TALK ABOUT PROPERTY ACQUISITION AND PRIVATE PARTNERSHIP.

THEY CAN WALK TO WORK EXACTLY RIGHT. YEAH IT'S A GREAT LOCATION SO HAVING JUST DISCUSSED TWO PROJECTS ARE IN THE WORKINGS THE NEXT ONE IS JUSTICE SQUARE.

THIS PROPERTY WAS APPROVED BY FOR THE SALE OF IT IN OCTOBER OF LAST YEAR.

SINCE THEN I'VE BEEN WORKING WITH THE DEVELOPER WHEELER WHEELER AND THEY HAD GONE THROUGH THE PROCESS AS OF LAST WEEK THEY GOT THEIR FINAL APPROVALS FROM CITY OF BEAUFORT HRB ITS PROPERTIES AT WILMINGTON KING STREET, THE CURRENT LOCATION OF THE OLD JAIL AS WELL AS THE TWO D BUILDINGS YOU'LL SEE HERE THE PROPOSED PLAN.

THIS IS A CONCEPTUAL PLAN ON THE BOTTOM HERE JUST AS A PLACE IS GOING TO BE WHAT THE CURRENT OLD JAIL HE IS RENOVATING IT THAT WILL BE I BELIEVE APPROXIMATELY 7 TO 10 UNITS IN THERE. THE COTTAGES OF JUSTICE SQUARE ARE GOING TO BE ON THAT SAME BLOCK TO THE NORTH THAT'LL BE 12 TO 14 SINGLE FAMILY HOMES. HE HAS PROMISED THAT THOSE WILL REMAIN AT THE $300,000 PRICE RANGE. THE REMAINING OF THE BLOCK IS GOING TO BE 39 PLUS UNITS OF AFFORDABLE HOUSING. AND WHAT I WILL SHOW YOU HERE IS WHAT THE STREET IS GOING TO LOOK LIKE AT THE END I HAVE OUR FINAL MEETING IS ON FRIDAY TO PUT THIS UNDER CONTRACT SO THAT MR. WHEELER CAN START THIS PROJECT ON THE LEFT YOU'LL SEE THE JAIL THESE UNITS HERE ARE ALL GOING TO BE THAT 300,000 PROPERTIES AND REMAINING PORTION IS ALL GOING TO BE THE AFFORDABLE HOUSING UNITS DO. DO YOU KNOW THE TERM WELL IF YOU CAN TELL US AT LENGTH OF TIME IT IS DUE TO THE STATE AND FEDERAL IT WILL PROBABLY BE A YEAR CONSTRUCTION WILL START THEN. HE IS DOING IT IN PHASES AND BASED ON THE AGREEMENTS THE ORDINANCE AS PUT IN PLACE BY YOU THE SINGLE FAMILY HOMES HE'S PLANNING ON ONLY BUILDING SIX OF THOSE YOU APPROVED SEVEN TO BE BUILT PRIOR TO ANY OF THE AFFORDABLE HOUSING IS AGAIN THE CONSTRUCTION ON THE REMAINING SINGLE FAMILY IS CONTINGENT ON ALL OF THE AFFORDABLE HOUSING BEING COMPLETED SO WHAT'S IN TERMS OF HOW LONG IT HAS TO REMAIN AFFORDABLE HOUSING YOU WOULD PREFER I BELIEVE IT WAS 25 YEARS.

I BELIEVE IT'S AT 30 BUT I WOULD REFER PROBABLY TO OUR BOND COUNSEL TO KNOW WHETHER OR NOT THAT'S STANDARD AND MAYBE 35. OKAY.

JUST SO IT WOULD BE RENTAL UNITS. YES.

THE ONE BLOCK OF KING STREET WILL BE RENTAL UNITS HERE. THESE WILL ALL PRIVATELY OWNED THOUGH THE OVER ON THIS BLOCK THIS BLOCK WILL ALL BE PRIVATELY OWNED AND THE RENOVATION OF THE JAIL IS GOING TO BE APARTMENT. YES.

AND THERE ARE CONDO UNITS. IT IS A PRETTY IMPRESSIVE RENOVATION.

I'M NOT SURE WHEN THOSE WILL BE COMPLETED BUT I KNOW HE IS IN THE PROCESS RIGHT NOW.

THE ONLY COMPANY THAT WILL MAKE ME CHAIRMAN IS DID YOU KNOW 30 YEARS WOULD BE REALLY THE MINIMUM I WOULD WANT TO SUPPORT THAT AND IN THAT I WAS JUST WHEN I FIRST CAME ON COUNCIL THERE WERE SOME UNITS AFTER 20 YEARS AND PEOPLE KIND OF MISPLACE THIS PLACE ETC. SO IT JUST GIVE THEM A LONGER PERIOD OF TIME IF THAT COULD HAPPEN.

SO JUST LIKE I SAID OUR FINAL MEETING ON FRIDAY WILL ASK FOR THAT.

I KNOW THAT HANK AND HIS PROJECTS AS YOU SAID, WE'RE ALSO EXPLORING OPTIONS WITH INMATES AND OTHER ENTITIES FOR LAND LEASES AND OTHER LAND RESTRICTIONS PLACED ON PROPERTIES THAT WOULD BE LONGER THAN THE 34 DOWNTOWN BEAUFORT THOUGH I THINK THIS IS A PRETTY GREAT PROJECT LOCATION YEAH OKAY THANK YOU VERY MUCH. NEXT IF YOU DON'T MIND SOME WORDS TO SUM OF OUR WORKSHOP THAT WAS VERY WELL THANKS SO MUCH YOU CAN YOU CAN TELL THAT

[01:15:04]

STAFF HAS BEEN WORKING ON ALL THESE PROJECTS FOR A LONG TIME. SOME OF THEM ARE JUST THIS CENTER OVER A YEAR SOME OF THE PROJECTS WITH FOR A MEMORIAL MANY, MANY MONTHS STAFF IS DEDICATED TO MAKING THIS BETTER . LIKE I SAID WE'LL BE COMING TO COUNCIL WITH A LOT OF DIFFERENT OPTIONS SEEKING YOUR GUIDANCE DURING OUR STRATEGIC PLANNING PROCESS IN THE INTERIM YOU SAW HANK COME UP HERE AND SPEAK FOR QUITE A WHILE ANCHORS MANY OF STAFF MEMBER ARE DOING DOUBLE DOUBLE DUTY AT THE SAME TIME.

SO WHILE HANK IS OFFICIALLY THE ADMINISTRATORS ASSISTANT, HE WORKS ON OUR ECONOMIC DEVELOPMENT AND IS TAKING ON AFFORDABLE HOUSING AS AS AN ADDITIONAL TASK COMING UP IN THE FUTURE, IT MAY BE BENEFICIAL FOR THE COUNTY TO FIND A FULL TIME EMPLOYEE WORK IN THIS PROGRAM BUT ABSOLUTELY I AGREE YOU KNOW IT'S VERY, VERY COMPLEX AND SO MANY MOVING PARTS. IT WILL BE VERY IMPORTANT FOR US TO USE ALL OF OUR RESOURCES CONTINUE WORKING WITH THE HOUSING TRUST AND AND AND DO SOME OF OUR OWN INTERNAL WORK ALONG WITH OUR WITH OUR ATTORNEYS STAFF SO THAT WE MIGHT SEE SOME MORE WORK IN THIS DIRECTION IN THE FUTURE. SO THANKS SO MUCH FOR PLAYING IN OUR STRATEGIC ABSOLUTELY.

I'VE BEEN WORKING HARD ON THAT IT'S A IT'S A LOT OF WORK JUST TO PLAN FOR OUR STRATEGIC PLAN.

IT'S A LOT OF WORK SO HOPEFULLY THAT WILL BE COMING TO YOU VERY SOON AS WELL.

OKAY. THANKS FOR YOUR COMMENTS QUESTIONS I WOULD JUST SAY JOHN'S POINT ON BRINGING ON SOMEBODY WHO WOULD ACTUALLY BE THE DIRECTOR OVER THIS PROGRAM . WE THE COUNTY WE HAD A AFFORDABLE HOUSING DIRECTOR IN THE PAST AND FOR US TO GO BACK TO THAT I THINK IS BENEFICIAL FOR BOTH THANK YOU YOUR STAFF BUT FOR THE COUNTY YES RIGHT I THINK DARYL REMEMBERS A SUCCESSFUL ONE MANY YEARS AGO AND THEN WE HAD ANOTHER ATTEMPT AT IT THAT WAS NOT SUCCESSFUL ABOUT 20 MAYBE ONE.

DO YOU REMEMBER SPEAKING OF THE INITIAL WELL THE INITIAL ONE WAS VERY SUCCESSFUL BUT BUT I THINK WE COULD WE NEED A THIRD IS THIRD TRY WOULD BE GREAT RIGHT EVEN A FAILED ATTEMPT IS A GOOD TRY. YEAH SO WE'LL LEARN SOMETHING FROM THAT TOO.

THANKS SO MUCH. OKAY LET'S FOCUS ON GERALD COMMON JOHN MR. ROBINSON WITH WHEN WE TALK ABOUT AFFORDABLE HOUSING WE ACTUALLY FOR THE COUNTY THERE ARE A LOT OF MISSING MUNICIPALITIES AND OTHER GOVERNMENT ENTITIES. IS THERE A WORKING RELATIONSHIP WITH COUNTIES MAYBE THE THE LEAD? YES, SIR.

EXPRESSION ON THAT? YES, SIR. THE OTHER ENTITIES ARE BASICALLY SUPPORTING THAT EFFORT WE'VE BEEN WORKING WITH WITH THE MUNICIPALITY, THE CITY OF BEAUFORT PRETTY CLOSELY TO WORK ON IT ON A FEW PROJECTS MAYBE IT'S A LITTLE FUTURE PROJECT BUT THERE'S A THERE'S MORE TO BE DONE AND AND I DON'T I WOULD NOT CALL US THE BIG DOG IN THE ROOM WHICH PERHAPS MAY BE LEAD BUT IT'S VERY IMPORTANT TO REACH OUT TO OUR PARTNERS AND BRING AS MANY IN WHO ARE ALL PULLING IN THE SAME DIRECTION TO SOLVE THIS PROBLEM AND WE'RE WORKING ON THAT EVERY DAY. OKAY.

WELL SINCE IT'S A WORKSHOP, WENDY, RAISE YOUR HAND IF YOU DON'T MIND.

SURE. BECAUSE SHE THE HOUSING TRUST IS SUCH AN ORGANIZATION.

THE HOUSING TRUST WE ARE EIGHT JURISDICTIONS. I CALL THE COUNTY THE LEAD WITH NEW HOUSE FOR THE HOUSING TRUST AND THEY'RE CERTAINLY THE BIGGEST YOU'RE CERTAINLY THE BIGGEST CONTRIBUTOR FINANCIALLY AND WE ARE ALL THE JURISDICTIONS IN BEAUFORT AND JASPER COUNTY EXCEPT FOR RIDGELAND WHO DIDN'T WANT TO JOIN.

THAT DOES NOT MEAN WE WOULD NOT BUILD HOUSING IN RICHLAND IF IF WE HAD AN OPPORTUNITY BUT SO I WOULD CALL THIS EXACTLY WHAT YOU WERE JUST ASKING. MR. GLOVER THANK YOU.

AND OKAY ANY OTHER QUESTIONS FROM COUNTY? WE HAVE A FEW MINUTES BEFORE WE START AT 3:00 SO OUR OWN TIME OKAY. 7 MINUTES.

THANK YOU FOR

* This transcript was compiled from uncorrected Closed Captioning.