8. Appearance by Citizens: Citizens who wish to speak on the matters being discussed during the meeting may do so by submitting the Request to Speak form no later than 12:00 PM the day of the meeting.

[8. Appearance by Citizens: Citizens who wish to speak on the matters being discussed during the meeting may do so by submitting the Request to Speak form no later than 12:00 PM the day of the meeting.]

ALL RIGHT. THANK YOU. NEXT APPEARANCE BY CITIZENS SO WE'VE GOT PEOPLE THAT HAVE SIGNED UP TO SPEAK ON SOME AGENDA ITEMS IF YOU WILL HOLD THAT UNTIL THAT TIME. THAT WOULD BE VERY HELPFUL IF. YOU'VE SIGNED UP I THINK THERE'S ABOUT FIVE PEOPLE WHO HAVE SIGNED UP FOR GENERAL COMMENTS THAT ARE NOT RELATED TO THE AGENDA ITEMS. WE WILL HAVE A TIME TO SPEAK NOW.

SO I WOULD LIKE TO REMIND OUR CITIZENS THAT SECTION 2-57 OF THE TOWNS CODE LIMITS EACH PERSON TO 3 MINUTES WHEN ADDRESSING TOWN COUNCIL AT THE END OF THE 3 MINUTES YOU'RE ASKED TO CONCLUDE YOUR COMMENTS. PLEASE MAINTAIN SUITABLE FOR THE MEETING AND REFRAIN FROM USING ANY PROFANE OR OBSCENE LANGUAGE IF YOU HAVE ANY MATERIALS YOU'D LIKE TO GIVE THE TOWN COUNCIL PLEASE GIVE THEM TO THE TOWN KIRK AFTER YOU'RE FINISHED SPEAKING. KIMBERLY DO WE HAVE ANYBODY SIGNED UP TODAY? YES. BOBBY TILLERSON DO NOT SEE HIM .

ADAM LIPSON PRESIDENT FOR THANK YOU. MY NAME IS ADAM.

[00:25:07]

ADAM LIPSON A FULL TIME RESIDENT AND BOARD MEMBER OF THE BEACH HOMEOWNERS ASSOCIATION SO I THINK THAT YOU'RE REPRESENTING THE 50 PLUS OWNERS AND BURGES WE KNOW THAT THERE IS SOME CONCERN AMONG SOME TOWN COUNCIL ABOUT THE RECENT CONSTRUCTION OF LARGE HOMES THAT DO NOT CONFORM TO THE CHARACTER OF CIVIC COMMUNITIES SIMILAR.

WE ARE AWARE THAT THERE'S BEEN ONGOING DISCUSSION AROUND OPPOSING OF ISLAND SINGLE ISLAND WIDE FOR THOSE SIMPLY LIMIT THE SIZE OF HOMES THE THE BIRDS BEACH RESIDENTS MOST OF WHOM I'VE PERSONALLY SPOKEN TO UNANIMOUSLY THAT THIS PROPOSED LEGISLATION WHILE IS DANGEROUS AND ILL CONCEIVED WE HAVE BEEN IN COMMUNICATION WAYS AS WELL THE HILTON HEAD AREA ASSOCIATION OF REALTORS AND HAVE EXPRESSED SIMILAR CONCERNS HISTORICALLY THE SIZE OF HOMEOWNERS WHO SUCCESSFULLY BY THE ENFORCEMENT OF ZONING RULES CODE ENFORCEMENT AROUND SETBACKS TONIGHT IN ADDITION TO THE REGULATORY CONTROLS THAT THE TOWN EXERTS EACH WAYS BOTH INSIDE AND OUTSIDE OF THE GATE HAVE SUCCESSFULLY ENFORCED ANOTHER LAYER OF CONTROL TO ENSURE THAT NEW HOMES CONFORM TO THE CHARACTER EXISTING HOMES WITHIN THEIR SPECIFIC NEIGHBORHOODS. IT'D BE FAIR TO SAY THAT THE GATES OF IN THE ACTUAL COMMUNITIES THERE HAS BEEN REMARKABLE SUCCESS DEFINING THE CHARACTER OF THE NEIGHBORHOOD BY HIGHWAY APPROVAL. BUT WHAT CAN AND CANNOT BE BUILT SIMPLY SAID HOW SELF-GOVERNANCE WORKS IF YOU DON'T BELIEVE IT COME TO COME TAKE A WALK THROUGH BROOKS BEACH OR SINGLETON. SOME OF THE LIKELY IMPACTS OF AN OLD WHITE FIRE WOULD BE DEVELOPMENT IN MANY CASES OF NEW HOMES THAT DO NOT CONFORM TO THE CHARACTER OF NEIGHBORHOODS BY WAY OF EXAMPLE BERK'S BEACH AVERAGE LOT IS 7500 SQUARE FEET IF WE HAD A .45 OR YOU COULD BUILD A PALM ABOUT 1683 FEET HEATED THAT WOULD BE ABOUT ONE THIRD OF THE AVERAGE SIZE OF A HOME IN BARRACKS BEACH. DOES ANYONE BELIEVE THAT THE NEW HOMES WOULD CONFORMS THE CHARACTER OF THE NEIGHBORHOOD WERE ONE THIRD THE SIZE THERE WAS SEVERAL UNDEVELOPED LOTS AND BURKETT BEACH UP WOULD WE WANT THOSE HOMES TO BE CONSISTENT WITH EXISTING STRUCTURES OR CONFORM TO THE CHARACTER OF THE NEIGHBORHOOD? THE SECOND AND LARGER UNINTENDED OF AN ISLAND WIDE FOUND TO BE DIMINISHED PROPERTY VALUES IT IS VERY BEAUTIFUL FACT THAT THE USE OF PROPERTY REDUCES PROPERTY VALUE.

IF YOU DON'T BELIEVE ME ASTER LIAISON FROM THE HILTON HEAD AREA ASSOCIATION ASKED THE GOOD FOLKS AT CHA TO WANT TO REMAX. I ASKED THEM AND THEY AGREE WITH ME.

THE PEOPLE WHO PURCHASED THESE LOTS HAD THE REASONABLE EXPECTATION AT THE TIME OF PURCHASE THEY WOULD HAVE THE RIGHT TO BUILD A HOUSE. ASIDE TO THE NEIGHBORS HOMES AND THAT THEIR PROPERTY VALUE WOULDN'T BE DIMINISHED. WE WOULDN'T BE REDUCED NOT BY MARKET CONDITIONS BUT BY GOVERNMENT REGULATION WHICH THIS PREPARED THOSE INDIVIDUALS BECAUSE I WOULD BENEFIT REDUCING THE VALUE OF PROPERTIES AS I WOULD BENEFIT FROM HOUSES BUILT THAT ARE OUT OF CHARACTER WITH THEIR NEIGHBORHOODS.

REPRESENTING THE BURKES BEACH THEY'RE PROUD THAT OUR STANDARDS AND PORTS HAVE CREATED A MODEL COMMUNITY THAT ADVANCED THE BEAUTY OF OUR ISLAND.

AS SUCH WE SEE LITTLE BENEFIT STRONGLY OPPOSE A BAR OF ANY SIZE WITHIN OUR GOVERNMENT COVERED COMMUNITIES. THANK YOU. THANK YOU.

I'LL TILLERSON JUST AS I JUST WANTED TO STOP BY ON MY WAY TO MY NEXT TENNIS GAME DAVID AND THANK ALL OF YOU ALL FOR PUTTING THE TWO VOLLEYBALL NETS UP ON THE BEACH HERE.

THEY'RE VERY USED BY LOCALS AND TOURISTS ALIKE AND IT'S ALL A LOT TO THE TO THE CLEAN AREA.

THANKS SO MUCH. AND ALSO CAN THINK OF TO TELL YOU IS MAY BE BACK IN APRIL AND THAT'S FOR ONE MORE THING ON THE A.C. IN STORES. THANK YOU.

THANK YOU LARRY LANDRY TODAY IN WILKINS. HELLO.

I'M THE PASTOR OF OF CHRIST LUTHERAN CHURCH ON AUGUST 12TH, 2022 HILTON HEAD HAD A CRISIS THE OF THE 52 UNITS OF CHIMNEY COVE WERE GIVEN NOTICES TO VACATE THEIR HOMES.

MOST RESIDENTS WERE GIVEN JUST 30 DAYS TO LEAVE WITH NO OTHER AFFORDABLE HOUSING ON THE ISLAND. THESE FAMILIES WERE EFFECTIVELY EVICTED FROM HILTON HEAD.

THIS IS OUR WORKFORCE FORCE. PEOPLE WHO LIVE AT CHIMNEY COVE WORK AT RESTAURANTS AND GROCERY STORES AND HOSPITALS IN LANDSCAPING PLUMBING, CLEANING HOUSES, CONSTRUCTION AND OTHER THINGS THAT MANY CITIZENS OF THIS ISLAND RELY ON EVERY DAY 300 PEOPLE INCLUDING MORE THAN 75 CHILDREN. WE'RE BEING ASKED TO LEAVE THEIR HOMES AT THE SAME TIME BECAUSE OF THE OUTCRY HILTON HEAD THAT CRISIS WAS AVERTED AND THE PEOPLE STILL REMAIN AT CHIMNEY. BUT IN THE 18 MONTHS SINCE THAT CRISIS NOTHING EFFECTIVELY

[00:30:03]

CHANGED. THE RESIDENTS STILL HAVE 30 LEASES.

THEIR RENTS ARE BEING RAISED HUNDREDS OF DOLLARS AT A TIME. THE PEOPLE THERE LIVE WITH UNCERTAINTY ABOUT THEIR HOUSING AND ONCE THE ECONOMIC SITUATION PRESENTS ITSELF THE SAME CRISIS WILL HAPPEN AGAIN IN MUCH THE SAME WAY. IN NOVEMBER OUR CONGREGATION TALKED TO THE FAMILIES AT CHIMNEY COVE AND WE ASKED IF THEY HAD ANY PRAYER REQUESTS.

MANY PEOPLE TOLD US THEIR PRAYER WAS PLEASE DON'T LET THEM SELL THIS PLACE.

DON'T LET THEM KICK US OUT OF OUR HOMES. THIS TICKING TIME BOMB COULD GO OFF ANY DAY AND WE WILL HAVE THE SAME EXACT CRISIS ON OUR HANDS THAT WE HAD BEFORE EXCEPT THIS TIME WE LET IT HAPPEN. I'M HERE TO REMIND YOU THAT CHIMNEY COVE IS STILL A CRISIS . LET'S NOT ALLOW IT TO HAPPEN AGAIN.

THANK KIMBERLY. PETER CHRISTIAN MAYOR TOM ANDREW MEMBER OF THE COUNCIL.

PETER CHRISTIAN 23 JAVASCRIPT COURT AND REBECCA EDWARDS MIGHT REPRESENT A COUPLE OF THINGS FOR YOU. FIRST OF ALL I WANT A BIG THANK YOU FOR MAIN STREET.

THEY FINALLY AFTER I DON'T KNOW HOW MANY DECADES PAVED IT. I DON'T THINK THE PROCESS IS DONE. I KNOW YOU HAVE A LONG BETTER PLANS FOR THAT ROAD BUT AT LEAST IT'S DRIVABLE IN A RESPECTABLE STATE AT THIS POINT IN TIME.

AND IT WAS A LONG TIME COMING AND THANK YOU FOR YOUR PERSISTENCE.

I KNOW IT WAS NOT AN EASY JOB GETTING ALL OF THAT INFORMATION OR THE EASEMENTS THE OTHER NORMAL LEGAL WORK DONE BUT YOU DID IT AND IT'S MUCH APPRECIATED BY EVERYONE AND ALL THE RESIDENTS AND HILTON HEAD PLANTATION AND USE THAT ROAD TO GO TO SCHOOL AND AND SO ON SO WELL DONE. SECOND THING YOU HAVE A NEW ENVIRONMENTAL OFFICER J.T.

JACQUES AND WE MET WITH HIM AND . THE COUNTY HAS MOVED TO ANOTHER PROVIDER FOR RECYCLING AND HE'S STATIONED IN BLUFFTON AND. HE IS GOING TO BE COLLECTING ALL THE RECYCLING FROM THE ENTIRE COUNTY AND THEN DIRECTLY SHIPPING THAT OFF TO IT'S A TOWN REPRESENTATIVE IS RECYCLE I BELIEVE WHO HAS THAT CONTRACT AND BENNETT IS THE PROPRIETOR OF HOW TO RECYCLE AND I BELIEVE HE'S STILL YOUR REPRESENTATIVE UP IN UP IN BEAUFORT.

BUT THAT'S GOING TO BE A SLOW PROCESS BUT IT'S A STEP IN THE RIGHT DIRECTION.

WE HAVE A LONG WAY TO GO. LAST BUT NOT LEAST TO 78 IN THE BRIDGE PROJECT DAVID JOHNSON AND TOM BARNWELL PUT TOGETHER A MEETING A WHILE IN JANUARY I BELIEVE PATSY BRYSON WAS THERE AMONG OTHERS SENATOR DAVIS THERE AND THE JUST AS THAT SENATOR DAVIS SAID THE COMMITMENT OF FUNDS FROM THE INFRASTRUCTURE BANK HE COULD ONLY GUARANTEE THROUGH MARCH 31ST OF THIS YEAR DIDN'T SAY THAT IT COULDN'T BE EXTENDED BUT HE SAID THAT'S THE ONLY COMMITMENT THEY WOULD GIVE HIM THAT CAN TAKE AWAY WAS AND HOPEFULLY YOU'RE DOING THIS ALREADY NO ONE IS TAKING A LEADERSHIP POSITION TO CONTACT THE RESIDENTS ALONG THAT CORRIDOR WITH THE IMPROVEMENTS WILL TAKE PLACE AND GIVE THEM INFORMATION AND GIVE THEM A COMFORT LEVEL. YOU HAVE THREE POLITICAL JURISDICTIONS INVOLVED YOU HAVE THE STATE, YOU HAVE THE COUNTY AND THE TOWN. WE ARE THE CLOSEST TO THOSE PEOPLE. ABOUT TIME WE TOOK A LEADERSHIP POSITION, CONTACTED THEM AND LET THEM KNOW WHAT THE HECK IS GOING ON WHAT THE EXPECTATIONS ARE AND WHAT THE PLANS ARE NOT KNOWING IS A BIG BIG PROBLEM FOR THEM AND WE OWE IT TO THEM TO DO A BETTER JOB THAT.

THANK YOU. THANK YOU. THE GRAND OLE AFTERNOON I HAVE THREE QUICK TOPICS TODAY ARIEL'S THE DESIGN RIVER REVIEW BOARD USES COULD USE SOME MODIFICATION. WHEN I LOOKED AT THE DRP PAPERWORK ON THE NEWLY APPROVED BREWERY DOWN THE STREET ON DUNNIGAN VALLEY I DIDN'T SEE ANY QUESTIONS ABOUT NOISE.

I CALLED THE NICE LADY IN THE OFFICE AND ASKED HER IF THE NEW BREWERY PLANNED TO HAVE LIVE MUSIC IN THE BEER. HER ANSWER WAS I QUOTE THEY NOT MENTION ANYTHING ABOUT MUSIC AND QUOTE THAT TO ME IS UNACCEPTABLE THAT WE'RE GOING TO BUILD A BEER GARDEN NEXT TO

[00:35:06]

A RESIDENTIAL NEIGHBORHOOD AND WE DIDN'T EVEN ASK HOW NOISY IT'S GOING TO BE.

I MEAN THIS IS THE CAR WASH ALL OVER AGAIN. THE DEER BEING NEEDS TO FACTOR NOISE AND NOISE MITIGATION INTO APPROVAL PROCESS. THE ISLAND IS GETTING NOISIER AND NOISIER. NUMBER TWO I CALLED A COMPLAINT TO THE STORMWATER STAFF ON JANUARY 16TH. I TOLD THEM THERE WAS A DAM IN THE DRAINAGE ON SIMPSON'S PROPERTY THAT THE TOWN IS RESPONSIBLE FOR. IN FACT THERE IS SILT OVER SIX INCHES DEEP ALONG WITH STYX LEAVES AND EVERYTHING ELSE THAT'S NOW MAKING THAT SWALE HIGHER THAN OUR PROPERTY AND THE COMPANIES ARE. SO NOW WE HAVE STANDING WATER IN THE MOTORCOACH AGAIN WE REALLY NEED THIS FIXED. STORMWATER HAS GOT TO GET ON IT. SO I'M ASKING TO HELP US WITH THAT.

PUSH THEM ALONG THE TOWN. FIX THIS ONCE BEFORE AND IT HELPED A LOT BUT THE MOSQUITOES ARE STARTING TO WARM UP AND THE PONDS IS GOING TO TURN INTO A HATCHERY BE QUICK.

FINALLY WE'RE SEEING MOVEMENT BY THE CAR WASH TO REDUCE THEIR SOUND TO AT LEAST TOWN NOISE ORDINANCE LIMITS. WE THINK AND BUILT CRATES FOR THEIR EFFORTS.

WE CAN'T WAIT TO HEAR THE FINAL RESULTS. WE SAW THE MATERIALS THERE AT THE CAR WASH. WE'RE JUST WAITING TO SEE WHAT THEY BUILD BECAUSE WE ACTUALLY DON'T KNOW AND HOPE IT'LL BE EFFECTIVE. SO THANK YOU, KIMBERLY.

ERIC DECKER. GOOD EVENING. AND MARK, YOU MAY RECALL THAT I CAME LAST YEAR AROUND THIS TIME IS COMING UP ON BUSINESS LICENSE TIME TO BRING UP AN ISSUE AND COUNCIL HAS NOT YET DONE ANYTHING ABOUT IT BUT I AM AN ETERNAL OPTIMIST SO I'LL BE BRINGING IT UP TO YOU RIGHT NOW AGAIN. I NOTICED IN THE NEWSPAPER LAST THAT A LOCAL COMPANY THAT DOES BEACH CHAIRS, LIFEGUARDS AND SUCH WAS UNDER SOME SCRUTINY AND. I HADN'T HEARD ANYTHING ABOUT THIS COMPANY BEFORE AND I'M NOT HERE TO TALK ABOUT THEM BUT I NOTICE IN THE PAPER THAT ONE OF YOUR EMPLOYEES, JOSH GRUBER WAS QUOTED AS SAYING THAT TO ENSURE SHORT BEACH SERVICE IS REPORTING THE CORRECT AMOUNT OF OF MONEY TO THE TOWN AND TO REQUEST COPIES OF HIS TAX FILINGS AND COMPARES THE AMOUNT IT HAS REPORTED TO THE GOVERNMENT TO THE AMOUNT REPORTED TO THE TOWN.

ACCORDING TO GRUBER, IF THEY'RE LYING ON THEIR TAX RETURNS ABOUT THE AMOUNT OF GROSS THAT THEY'VE RECEIVED, THE STATE HAS A MUCH BIGGER TEAM THAN. THE TOWN HAS TO RESPOND TO THAT, HE SAID. AND I THOUGHT WOW, THAT'S A PRETTY HARD STAND THE TOWN HAS TAKEN TO A LOCAL COMPANY ABOUT REPORTING MONEY BUT. STILL THE TOWN HAS NOT ADDRESSED THE ISSUE OF THESE NONPROFITS THAT ARE MAKING GROSS BUSINESS INCOME AND DON'T HAVE A BUSINESS LICENSE. SO I'VE SAID REPEATEDLY HOW CAN YOU HAVE NONPROFITS THERE REPORTING HUNDREDS OF THOUSANDS OF DOLLARS UNRELATED GROSS BUSINESS INCOME IN THE CASE OF THE CHAMBER FOR EXAMPLE THIS PAST THEY REPORTED $636,743 IN UNRELATED GROSS BUSINESS INCOME WHICH BRINGS THEIR INCOME FOR THE LAST 13 YEARS TO ABOUT $7 MILLION.

THE ONLY WAY THEY AVOID GETTING A BUSINESS LICENSE IS ALL OF THAT MONEY GOES TO THEIR NONPROFIT SIDE 100% OF IT. AND I JUST FIND IT HARD TO BELIEVE THAT $7 MILLION IN UNLICENSED BUSINESS INCOME IS BEING USED 100% BY THE NONPROFIT SIDE AND NOT USED TO OFFSET SALARIES AND PERKS AND THINGS THAT IT'S JUST NOT BELIEVABLE.

AND THEN YOU HAVE OTHER NONPROFITS WHO ARE NOT MAKING AS MUCH BUT THEY'RE MAKING ENOUGH TO DRAW YOUR SCRUTINY. SO MY POINT IS IS THAT WHY IS IT THAT EVERYBODY IN THIS ROOM INCLUDING ALL OF YOU HAVE TO FOOT THE BILL EVERY THESE NONPROFITS WHO DON'T HAVE LICENSES FOR THEIR UNRELATED INCOME EVERY TIME THEY RIDE ON THESE ROADS OR CALL THE POLICE OR CALL THE FIRE DEPARTMENT, WHY DO YOU ALL HAVE TO PAY FOR THAT? WHY AREN'T PAYING FOR THAT? BECAUSE THEY'RE THE ONES THAT ARE MAKING FOR PROFIT INCOME THAT THE TOWN IS NOT GETTING THE PROPER LICENSURE FOR. DOESN'T EVERYBODY HAVE TO PAY THE SAME AND EVERYBODY BE TREATED SAME EQUALLY? THAT'S ALL I HAVE TO SAY TONIGHT AND I THANK YOU FOR LISTENING. THANK YOU.

[00:40:05]

KIP HOAGLAND. KIP HOAGLAND WINDMILL HARBOR IS BECOMING NOT ONLY AN OUTRAGE FOR THIS COUNCIL TO KEEP ALLOWING THE DEMO CHAMBER BUT AN EMBARRASSMENT.

IT'S ILLEGAL FOR THIS COUNCIL TO EVEN FUND NONPROFIT CHAMBER UNDER IRS FIVE ONE DOWN C SIX NONPROFIT TAX CODES. IT'S WORSE TO ALLOW THIS CHAMBER USE OVER $1 MILLION OF OUR TAX FUNDS TO DEVELOP A DEMO WEB SITE IN CANADA. NOT LOCAL.

HILTON HEAD ISLAND DOT ORG. THE CHAMBER CLAIMS IT OWNS NOT THE TOWN TAXPAYERS AND THEN THE CHAMBER SELLS ADVERTISING TAKES A PROFIT. THERE'S CODE MANGLED AND LAUNDERED BY BILL MILES TO PROFIT AND PAY HIS $500,000 PAY PACKAGE HIS $2 MILLION HOUSE AND GO RUN AND LAVISH CHAMBER SPENDING. IT'S WORSE THE TOWN LAWYERS DRAFTING A FRAUDULENT DEMO CHAMBER CONTRACT THAT HAS NO AUDIT OR ACCOUNTING PROVISIONS TO IDENTIFY ALL THIS ILLEGAL USE. AGAIN, PERRY, YOU LIED AND SAID YOU SAW A CHAMBER ACCOUNTING WHEN YOUR FRIEND BILL MILES. YOU ALSO YOU ARE ALSO A CHAMBER MEMBER WITH HIS COUNCIL. AND WORSE YOU ALL USE ILLEGAL TAX MONEY TO JOIN THIS CHAMBER VERSUS YOUR OWN MONEY. THIS IS ILLEGAL USE OF FUNDS AND IT'S CALLED A QUID PRO QUO.

WE HAVE TWO LAWYERS ON THIS COUNCIL PATTY BRYSON AND GLENN STANFORD WHO BOTH SHOULD KNOW BETTER AND STOP THIS ILLEGAL FUNDING. PLUS THIS ENTIRE COUNCIL AGAIN OUR CHAMBER MEMBERS AND USE TAXPAYER FUNDS TO BECOME A CHAMBER MEMBER THAT IS COMPLETELY ILLEGAL. I DON'T UNDERSTAND WHY ALL OF YOU KEEP ALLOWING THIS ILLEGAL FUNDING TO THE AND KEEP VIOLATING YOUR CAMPAIGN PROMISES AND YOUR FIDUCIARY TO ALL OF US IN THIS ROOM. ALSO WE'RE GOING TO HEAR TODAY THE OTHER OTHER ILLEGAL USE AND PROPOSALS THAT WILL I'M SURE A LOT OF THESE PEOPLE CAME HERE FOR TODAY.

DOES ANYBODY DENY MY MY FACTS? NOW I WANT I WANT YOU ALL TO HEAR SOMETHING VERY INTERESTING. I'M GOING TO PLAY A RECORDING OF THE FBI LYING TO ME ON HILTON HEAD . WELL, A COMPLETE OUTRAGE. THE FBI LIED.

I GOT THEM. I GOT THE EVIDENCE AND THEY KNOW IT.

DOES ANYBODY IN THIS ROOM AGREE WITH ME? NOBODY WILL TRUST COUNSEL.

I'M SORRY YOU WILL JUST COUNSEL. I'VE STILL GOT NOT 8 SECONDS.

WELL, JUST COUNT. OH, I'M SORRY. DOES ANYBODY DISAGREE? WHAT I'M SAYING? MR. HOAGLAND ADDRESS COUNSEL. THANK YOU.

WHEN YOU START ABIDING BY THE LAW AND STOP VIOLATING YOUR CAMPAIGN PROMISE I WILL SHOW YOU RESPECT. THAT'S ENOUGH. THANK YOU LEN GREELEY.

LET GREELEY YOU CAN ASK A QUESTION. I'M REALLY HAPPY TO BE HERE TODAY, SIR. AS WE HAVE STATED BEFORE, WE DO NOT ACCEPT THE WAY YOU TO GIVE YOURSELF EXTRA TIME. YOU CAN SPEAK ONCE A MONTH ONLY AND THAT CAN INCLUDE MRS. GREELEY'S COMMENTS AS WELL. BUT YOU ONLY HAVE 3 MINUTES. OKAY, SO THE YOU GIVE ME A CITATION I WELCOME THAT MS. GREELEY UNFORTUNATELY WE NEED TO GET THIS MESSAGE OUT.

WANTED ME TO REALLY TRY TO DO THIS AGAIN TODAY. WELL, IF YOU IF YOU MR. PERRY, THE JUDGE APPROVED THE PLAY. THAT WAS A RULING IN MY FAVOR THAT ANYBODY HERE CAN USE APPEALS AND IT WAS NOT AND WE ARE NOT GOING TO ALLOW IT. YOU JUST GO AHEAD AND GIVE ME A CITATION. WE WILL TAKE A FIVE MINUTE RECESS.

YOU DO THAT AND YOU'RE GOING TO BE YOU'RE SHOWING DISRESPECT TO EVERYBODY IN HERE AT ONCE.

MR. LANE LIKE TO BRING US BACK SESSION AND I WOULD LIKE TO APOLOGIZE ALL OF YOU THAT ARE OUT THERE IN THE AUDIENCE TODAY. WE CONSISTENTLY BARRAGED WITH SOMEBODY THAT TRIES TO TAKE OVER OUR MEETINGS AND IT'S UNFAIR YOU THE COMMUNITY THIS YEAR AND UNFAIR TO US. WE'RE TRYING TO CONDUCT THE BUSINESS AND THE QUORUM THAT IS SUITABLE FOR THIS ROOM. WITH THAT BEING SAID, I'M CANCELING ALL THE ANSWERING PUBLIC COMMENT. YES, EXCEPT EXCEPT FOR EVERYBODY ELSE EXCEPT FOR AFTER AGENDA ITEMS. YOU KNOW, MR. PERRY, YOU'RE MAKING THIS PUBLIC.

[00:45:01]

THE PEOPLE IN THIS ROOM YOU OUGHT TO BE TELLING THEM IS IT YOU THAT YOU'RE SORRY YOU BROKE THE LAW AND STRUGGLING. YOU NEED TO SIT DOWN AND STOP. OKAY.

WE'LL WAIT FOR THE. WE'LL WAIT FOR THE OTHER COMMENTS.

BUT BUT WHEN YOU WAKE UP YOU SHOULD GO. YOU SHOULD GO IN THE ORDER WITH

[9.a. Consideration of an Ordinance of the Town of Hilton Head Island Authorizing the Execution and Delivery of a Termination of a Drainage Easement Owned by the Town of Hilton Head Island Encumbering Property Located at 316 Squire Pope Road - Second and Final Reading - Josh Gruber, Deputy Town Manager]

YOUR GOVERNMENT. YOU SIT DOWN, HAVE RESPECT FOR WHAT HAPPENED HERE.

NEXT WE HAVE UNFINISHED ON THE ON THE AGENDA NEXT WITH THE SECOND AND FINAL READING OF THE CONSIDERATION OF AN ORDINANCE. THE TOWN OF HILTON HEAD ISLAND AUTHORIZING EXECUTION AND DELIVERY OF A TERMINATION OF A DRAINAGE EASEMENT BY THE TOWN OF BUILDING THAT ISLAND ENCUMBERING PROPERTY LOCATED AT 316 SQUIRE ROAD. MR. HERBERT OUR MEMBERS OF COUNCIL TOWN MANAGER ORLANDO . GOOD AFTERNOON.

GOOD TO SEE EVERYBODY. THIS WAS AN ITEM THAT CAME BEFORE YOU AT YOUR LAST MEETING. IF YOU'LL RECALL THE HAD ACQUIRED A DRAINAGE EASEMENT ACROSS A PIECE OF PROPERTY 316 SQUIRE ROAD A NUMBER OF YEARS AGO.

IN WORKING WITH THE SOUTH CAROLINA DEPARTMENT OF TRANSPORTATION IMPROVEMENTS TO THE DRAINAGE OF THIS AREA WERE IDENTIFIED WERE ULTIMATELY IN PLACE AND THUS NEGATED THE NEED TO HAVE THIS DRAINAGE. SO IT'S SOMETHING THAT WE POSSESS BUT WE NO LONGER NEED AS PART OF OUR NETWORK THE LANDOWNER HAS ASKED IF WE'D BE WILLING TO TERMINATE IT.

THAT HAS COME THROUGH YOU. IT WAS GIVEN APPROVAL IN FIRST READING AND SO THIS WOULD BE SECOND AND FINAL READING OF THE ORDINANCE AUTHORIZING THE MAYOR AND MANAGER TO TAKE STEPS TO TERMINATE THE DRAINAGE EASEMENT LOCATED ON THIS PROPERTY. OKAY.

IS THERE ANY PUBLIC COMMENT ON THIS THING? NONE.

BRING IT BACK TO COUNCIL AND MAKE A MOTION TO. APPROVE THE ORDINANCE IN THE TOWN LOOKING AT AND AUTHORIZE THE EXECUTION DELIVERY OF THE TERMINATION OF THE PRESENCE OF THE TOWN OF ISLAND AND PROPERTY LOCATED AT 316 SQUARE PARK ROAD.

I CAN I CAN WE HAVE A FIRST AND SECOND BY MR. AND MRS. BRYSON ALL OF THEM THEY WERE PLEASED TO COMPLY BY RAISING YOUR RIGHT HAND SO MOVE 6.770. SORRY ABOUT THAT, GLENDA.

[10.a. Consideration of Approval of a Sponsorship Agreement with the Heritage Classic Foundation to Support the 2024 RBC Heritage Golf Tournament - Josh Gruber, Deputy Town Manager]

MUCH OF THEIR OVERALL BUSINESS . UPON THE UPON THE NEXT AGENDA WE HAVE CONSIDERATION OF APPROVAL OF A SPONSORSHIP AGREEMENT WITH THE HERITAGE CLASSIC FOUNDATION TO SUPPORT 2024 RBC HERE IN THIS GOLF TOURNAMENT THE TOWN'S FINANCE AND ADMINISTRATIVE MET TO DISCUSS THE SPONSORSHIP AGREEMENT ON OCTOBER 17TH AND NOVEMBER 14TH, 2023 AND ON JANUARY 11TH OF 2024. FOLLOWING THIS LAST MEETING IN JANUARY THE COMMITTEE UNANIMOUSLY VOTED TO AMEND THE DRAFT AMENDMENT AGREEMENT BY SETTING THE TOWN'S FINANCIAL PARTICIPATION AT $400,000 FOR 2024 TOURNAMENT AND RECOMMENDING THIS REVISED SPONSORSHIP AGREEMENT BE APPROVED BY TOWN COUNCIL YEAR.

YES, THE TOWN HAS HISTORICALLY BEEN A FINANCIAL SPONSOR OF THE RBC HERITAGE TOURNAMENT AND IN THE MATERIALS THAT WERE INCLUDED IN THEIR BACK UP INFORMATION AND SOME HISTORY OF PARTNERSHIP ALONG WITH SOME DATA REGARDING THE ON INVESTMENT THERE WAS AN ECONOMIC STUDY THAT WAS DONE TO KIND OF QUANTIFY WHAT VALUE THE TOURNAMENT BRINGS TO THIS COMMUNITY AND THAT'S CERTAINLY A FAIRLY SIZABLE FIGURE. WE RECEIVED A REQUEST FOR AN INCREASE IN OUR SPONSORSHIP CONTRIBUTION FOR THIS YEAR DUE TO THE TOURNAMENT BEING DESIGNATED AS A SIGNATURE AND I KNOW STEVE'S HERE SO I KEEP TO MAKING SURE I USE THE RIGHT VERBIAGE BUT AS A SPONSORSHIP THAT MEANS EVERYTHING NEEDS TO BE ELEVATED THE GROUNDS, THE EVENT, THE EXPERIENCE EVERYTHING AND SO WITH THAT THEY'VE REQUESTED ADDITIONAL FINANCIAL CONTRIBUTION FROM THE TOWN. THE FINANCE ADMINISTRATIVE COMMITTEE MET CONSIDER THOSE RECOMMENDATIONS AND ULTIMATELY RECOMMENDED TO TOWN COUNCIL A FUNDING AMOUNT IN THE AMOUNT FUNDING AMOUNT OF $400,000 FOR THIS YEAR'S TOURNAMENT.

I'LL BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE REGARDING THAT AND WE'LL GET A PUBLIC COMMENT FIRST IN PUBLIC COMMENT. LET'S TRY AGAIN AND FIRST OF ALL, THIS IS AN ILLEGAL USE TAX FUNDS UNDER SOUTH CAROLINA CONSTITUTIONAL LAW FOR PRIVATE PURPOSES YOU CAN'T DO IT AND WE'RE GOING TO HEAR LOT OF THIS TODAY AS WE CONTINUE ON WITH GRUBER AND OTHERS. YOU ALSO I'VE BEEN SUED. YOU SEE OUR CITY FOR THE ISSUE OF $600,000 TO THE PRIVATE GATED COMMUNITY OF SAINT PINES THE DREDGE HARBOR TOWN YACHT BASIN THAT WAS ALSO ILLEGAL USE OF PUBLIC MONIES FOR PRIVATE PURPOSES.

WE DON'T HAVE ACCESS TO TO SEA PONDS. THAT'S A HOMEOWNER'S ASSOCIATION THAT SHOULD PAY FOR THAT. I WANT THAT $600,000 RETURN.

EVERYBODY IN THIS ROOM. SO THAT'S THAT'S THE OTHER THING WE'RE GOING TO HEAR OF YOUR ATTEMPT TODAY WITH JOSH GROBAN, THE CROOKED LAWYERS TRYING TO FIGURE OUT WAYS TO MAKE IT SOUND LIKE HOW THEY'RE GOING TO HOW WE'RE GOING TO USE OUR TAX THEY'RE GOING TO USE OUR TAX MONEY AND ALSO IT'S ALSO ILLEGAL TO FUND A LOT OF NON-PROFITS INCLUDING TO USE OUR TAX MONEY FOR PRIVATE PURPOSES AND WORSE TO USE IT FOR PROFIT.

YOU CAN'T USE OUR MONEY LIKE THAT YOU FOLKS HAVE GOT TO COME BACK TO REALITY AND YOU'VE GOT

[00:50:03]

TO STOP ROBBING TAXPAYERS. WE'RE FED UP ANY OTHER PUBLIC COMMENTS THAT WILL BRING ABOUT THE DIAS PUBLIC COMMENT FROM COUNCIL? WELL I THINK IF I HAVE A COMMENT QUESTION WELL EMOTION FIRST AND THEN DISCUSSION YOU HAVE TO OFFER IN ORDER TO MOVE TO APPROVE THE SPONSORSHIP AGREEMENT FOR THE 2020 RBC HERITAGE.

WE HAVE A SECOND I'LL SECOND DISCUSSION. OKAY.

I JUST WANTED TO HIGHLIGHT SOMETHING THAT MR. GRUBER AND SHARED BUT SO THAT EVERYONE IS AWARE OF THAT ECONOMIC IMPACTS OF THIS TOURNAMENT HAPPENS EVERY YEAR THE HERITAGE CLASSIC FOUNDATION AND IT HAS BEEN ESTIMATED THAT THE RBC GOLF TOURNAMENT PRESENTED BY BOEING GENERATES 102 MILLION IN ECONOMIC IMPACT EACH YEAR. THE 2023 TOURNAMENT IS ALSO BROUGHT IN MORE THAN AND 101,000 EVENT ATTENDEES TO HILTON HEAD ISLAND OVER THE COURSE OF THE WEEK. IN MY OPINION THAT'S A PRETTY GOOD INVESTMENT.

ONE OF THE QUESTIONS THAT I HAVE BECAUSE IT CAME UP IN THE FINANCE A COUPLE OF TIMES IT HAS TO DO THE PRIVILEGES THAT WE GET FOR $400,000 AND THERE'S A NUMBER OF THEM THAT ARE HERE . TWO QUESTIONS I KNOW THAT IN OF THE ANSWERS THAT WAS PROVIDED AND PRIOR TO THIS CHANGE IN FUNDING TO NOW THAT THERE IS OVERALL ENHANCEMENTS IN EACH OF THE CATEGORIES BUT ONE OF THEM IS CERTAINLY BECAUSE THE SPECTATOR VIEWING VIEWERSHIP THAT HAPPENS ACROSS THE COUNTRY AND POSSIBLY THE WORLD RIGHT.

AND THAT IN ITSELF IS PART OF THE JUST THAT I HAVE WITH REGARD TO APPROVING THIS MOVING FORWARD I DO HAVE A QUESTION A NUMBER OF G TEN WILL PROVIDE THE OFFICIAL WELCOME MESSAGE ON THE BUS DVDS AND PLACEMENT OF 1/32 COMMERCIAL WHO PRODUCES TYPICALLY THOSE HAVE BEEN PRODUCED IN-HOUSE BUT CERTAINLY WE CAN WORK IN COORDINATION WITH THE TOURNAMENT ON PREPARING THAT. BUT I KNOW I THINK TYPICALLY THAT'S SOMETHING THAT THE WHOEVER WHATEVER ENTITY IS DISPLAYING THE MESSAGE HAS PREPARED THE CONTENT.

OKAY THANK YOU THAT WAS IT YOU THE DISCUSSION JUST TO SAY IT'S A WONDERFUL HONOR TO BE A SIGNATURE AND CONGRATULATIONS TO THE TOURNAMENT FOLKS WHO PUT THIS TOGETHER? I DO PLEAD GUILTY TO HAVING BEEN A MARSHAL FOR ABOUT SIX YEARS AT THE TOURNAMENT SO I GUESS I'M SLIGHTLY PREJUDICED BUT. IT'S INCREDIBLE EXPOSURE FOR OUR COMMUNITY AND THE COMMUNITY COMES TO TIE THIS TOGETHER. SO THANKS TO THE TOURNAMENT FOR THEIR WORK AT MAKING THIS A SIGNATURE EVENT AND I SUPPOSE IN THE LAST COMMENT IT SEEMED I KNOW SOME FAVORITE PLACES TO FLY BY RAISING YOUR RIGHT HAND I MOVED 7 TO 0.

[10.b. Consideration of a Resolution Approving a Memorandum of Understanding with the University of South Carolina Beaufort (USCB) Inclusive of the Island Ambassador Program - Josh Gruber, Deputy Town Manager]

NEXT WE HAVE A CONSIDERATION RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING WITH UCB UNIVERSITY OF SOUTH CAROLINA BEAUFORT INCLUSIVE OF THE ISLAND AMBASSADOR PROGRAM. THE FINANCE ADMINISTRATIVE COMMITTEE MET ON NOVEMBER 14TH AND DECEMBER 19TH OF 2023 TO REVIEW THIS MATTER. DURING THESE MEETINGS THE COMMITTEE MEMBERS REINFORCED THE NEED TO OBTAIN RELEVANT METRICS, DEMOGRAPHIC INFORMATION AND OTHER SIMILAR DEMONSTRATING THE EFFECTIVENESS OF THE ISLAND AMBASSADOR PROGRAM JOSH AS INDICATED IN THE MATERIALS THE TOWN HAS HAD LONG STANDING PARTNERSHIP WITH THE ISLAND RECREATION ASSOCIATION. IN FACT I CAN TELL YOU THAT IN THE PROFESSION IT'S ONE OF THOSE PUBLIC PRIVATE PARTNERSHIPS THAT WE POINT TO IF YOU KNOW OH I'M SORRY WITH UCB I WENT ON TO THE WRONG ITEM .

ALL RIGHT. YOU KNOW WHAT? SO MUCH OF THAT STILL APPLIES THOUGH THOUGH BECAUSE WE HAVE A LONG STANDING PARTNERSHIP WITH USC AND WE DO POINT TO THAT AS A GREAT PUBLIC PRIVATE PARTNERSHIP. OUR START OVER WITH REGARDS TO THE UNIVERSITY SO WE'VE HAD A LONGSTANDING RELATIONSHIP WITH THEM.

HOWEVER PREVIOUSLY THAT RELATIONSHIP WASY PROVISIONS WITHIN THE TOWN CODE THAT TALKED ABOUT PROGRAM THAT WOULD BE PROVIDED AND THE FUNDING THAT WOULD GO ALONG WITH THAT TOWN COUNCIL ASKED STAFF TO LOOK AT MAKING CHANGES TO THAT FUNDING STRUCTURE PRIMARILY TO RESPOND TO EVER INCREASING COLLECTIONS WITHIN BOTH STATE AND LOCAL ACCOMMODATIONS TAXES. AND SO AS A RESULT OF THAT WE WENT THROUGH THE PROCESS OF AMENDING THE TOWN CODE TO TAKE OUT WHAT WAS PREVIOUSLY A STRAIGHT FUNDING FORMULA A

[00:55:06]

PERCENTAGE OF COLLECTIONS TO NOW HAVE A RELATIONSHIP WHICH IS GOING TO BE BASED UPON A SUBMITTED BUDGET AND AN ANNUAL PLAN AND AUTHORIZATION BY THIS BODY FOR THOSE FUNDING REQUESTS THAT WON'T BE AUTOMATIC JUST BASED UPON MATHEMATICAL. AND SO GOING THROUGH THE COMMITTEE THERE WAS A NUMBER OF CHANGES THAT WERE REQUESTED AS PART OF THE PROGRAMING SPECIFIC WITH REGARDS TO REPORTING AND METRIC INFORMATION THAT WILL ALLOW US TO CONTINUE TO EVALUATE THE EFFECTIVENESS OF THE PROGRAM GOING FORWARD.

THE COMMITTEE ALSO RECOMMENDED A TWO YEAR TERM WITH A FUNDING LEVEL TO BE PROVIDED $235,000 FOR THE FIRST YEAR AND 3% COST OF LIVING ADJUSTMENT FOR FUTURE .

BUT AGAIN A TWO YEAR TERM IS COMING OUT OF COMMITTEE AND BEFORE YOU THIS EVENING SO THE MATERIALS OUTLINE KIND OF THE ROLES RESPONSIBILITIES OF BOTH THE UNIVERSITY AND THE TOWN I'D BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE ABOUT THIS DRAFT AGREEMENT.

AND FIRST WE GOT A PUBLIC COMMENT. YOU PUBLIC COMMENT? YES. MR. HOAGLAND, AGAIN, THIS IS NOT THE PURPOSE OF A PUBLIC TAX MONIES FOR PRIVATE USE. THERE'S A LOT OF THINGS THAT ARE HEARTFELT AND WORTHY BUT AT SOME POINT YOU'VE GOT TO COME TO REALITY AND UNDERSTAND WHAT THE CONSTITUTIONAL USE AND THE REASON ATTACHED FUNDS AND ARE USED AND HOW THEY SHOULD BE USED.

SO THIS IS ANOTHER ONE THAT YOU HAVE TO LOOK AT AND AND THERE'S A COUPLE MORE COMING THAT I WANT TO COMMENT ON. BUT THIS IS NOT USE OF PUBLIC TAX MONEY.

THANK YOU. ANY OTHER PUBLIC COMMENT BEING DONE WILL BRING IT BACK TO THE DAYS AFTER THE RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING WITH THE SECOND AND THE FIRST AND SECOND DO WE HAVE ANY DISCUSSION BRIEFLY BRIEFLY I WAS REMISS AND NOT THANKING MEMBERS OF THE TOWN COUNCIL OR ON THE FINANCE ADMINISTRATIVE COMMUNITY FOR THEIR THOROUGH REVIEW OF ALL OF THESE PROPOSALS BEFORE US TODAY.

SO I WANTED TO GO ON RECORD AS THANKING THE OTHER MEMBERS OF COUNCIL WHO SERVED ON THAT COMMITTEE FOR THEIR SOMETIMES ARE TWO OR THREE MEETINGS WHERE THEY HASH THESE THINGS OUT.

SO I DO APPRECIATE THAT. THANK YOU. YES, MISS BECKER, SIMILARLY I THAT THERE WERE A NUMBER OF MEETINGS WHERE A NUMBER OF QUESTIONS WERE BROUGHT, GOOD ANSWERS WERE PROVIDED. I THOUGHT THAT US SEABEE WAS VERY FORTHCOMING AND EAGER CONTINUE TO PARTICIPATE WITH THE TOWN AND PROVIDING SERVICES HERE.

I DO JUST HAVE ONE QUESTION WITH REGARD TO PROGRAMING SOME OF THE ASPECTS OF THE PROGRAMING I WANT TO MAKE SURE THAT I UNDERSTAND IT CORRECTLY THAT THE THAT PROGRAMING WILL TAKE PLACE AT THE CAMPUS HERE AND I THINK THAT'S A STATEMENT. YEP.

SO THE ISLAND PROGRAMING WILL TAKE PLACE HERE ON HILTON HEAD ISLAND AT THE UNIVERSITY'S CAMPUS ON THE SOUTH END. HOWEVER THEY ALSO DO WHAT I WOULD MAYBE CHARACTERIZE AS A ROAD SHOW THAT IF THEY GET INVITED BY A PARTICULAR BUSINESS TO AND PROVIDE THAT INFORMATION THEY WILL GO ON SITE TO THAT BUSINESS AND OFFER THAT TRAINING THERE AT THEIR LOCATION AS WELL AARON. HILTON HEAD ISLAND, CORRECT. ANY OTHER DISCUSSION BEING THAT WE'VE GOT A MOTION BY MR. HAMPTON? SECOND ON IS BECKER AND OTHERS IN FAVOR SIGNIFY BY RAISING YOUR RIGHT HAND AND I DON'T SEE MR. STANFORD SO THAT WOULD A

[10.c. Consideration of a Resolution Approving a Memorandum of Understanding with Island Recreation Association - Josh Gruber, Deputy Town Manager]

SIX TO AN ABSENT ALL RIGHT THAT'S ALAN RECREATION ASSOCIATION MEMO YOU SO THAT'S IT WE HAVE A LONG STANDING RELATIONSHIP AND A GREAT PUBLIC PRIVATE PARTNERSHIP BUT TRULY I IT'S HARD TO UNDERESTIMATE THE BENEFIT THAT THIS RELATIONSHIP HAS PROVIDED OUR COMMUNITY AND SO I CERTAINLY DON'T WANT TO MAKE LIGHT OF IT BUT WE HAVE UTILIZED OUR RELATIONSHIP WITH THE ISLAND RECREATION ASSOCIATION TO PROVIDE PUBLIC RECREATIONAL PROGRAMING AND MANAGE OF OUR TOWN PROPERTIES AND SO IT'S A CONTRACT THAT IS INCLUSIVE OF THOSE COMMENTS.

ONE OF THE THINGS THAT WE WANTED TO DO WHEN WE STARTED ON THIS PROCESS WAS WANTED TO TAKE THE EXISTING CONTRACTUAL AGREEMENT WHICH WAS VERY WITH LOTS OF ATTACHMENTS AND REALLY TRY TO BOIL DOWN TO JUST THE CRITICAL INFORMATION. SO WE'VE SIMPLIFIED THE AGREEMENT, WE'VE STREAMLINED IT. WE'VE STILL COVERED ALL OF THE HIGH LEVEL BASES I THINK WE'VE COVERED APPOINTMENTS TO THE DIFFERENT BOARDS AND WHO'S GOING TO SERVE WHERE AND PROVIDE THAT COMMUNICATION EFFECTIVELY BACK AND FORTH BUT OTHERWISE THIS WILL ALLOW US TO PUT A NEW AGREEMENT IN PLACE CURRENTLY OPERATING ON A MONTH TO MONTH EXTENSION THAT WAS APPROVED BY TOWN COUNCIL OF THE PREVIOUSLY EXISTING AND AND SO IF THIS BODY IS SUPPORTIVE OF WHAT'S BEFORE YOU TONIGHT IT WOULD REPLACE THE EXISTING AGREEMENT AND AGAIN WE'LL GO TO PUBLIC COMMENT. MR. HOLDER I THANKS YOU FOR

[01:00:05]

EVERYBODY IN THIS ROOM DO UNDERSTAND THAT THERE IS DIFFERENT TYPES OF TAX FUNDING YOU HAVE GENERAL FUNDS THEN YOU HAVE HOSPITALITY FUNDS AND YOU HAVE ACCOMMODATION TAX FUNDS AND ANY OF THESE THINGS AND SOMEWHAT MORE USING THE ACCOMMODATION TAX FUNDS THE LAWS VERY SPECIFIC ON THAT THAT ACCOMMODATION TAX FUNDS HAVE TO BE USED FOR CERTAIN A CERTAIN REASON WHICH IS FOR THE PROMOTION AND MARKETING OF TOURISM SO IF THEY USE OUR AID TAX FUNDS AND THEY DEPLETE THOSE FUNDS FOR ILLEGAL USE THEY'RE DEPLETING THOSE FUNDS FROM THE NONPROFITS THAT ARE ACTUALLY OPERATING LATELY AND WORTHY OF RECEIVING THOSE FUNDS. AND SO WE ALL NEED TO UNDERSTAND THIS IF WE SIT HERE BECAUSE IT'S OVERWHELMING IF I DIDN'T STUDY DAILY I WOULDN'T HAVE I WOULDN'T HAVE A CLUE ABOUT ANY OF THIS. I'D BE LIKE YOU IN THE AUDIENCE LIKE OH MY GOD, WHAT'S GOING ON? BUT YOU TO LOOK AT THIS AND WHAT THEY'RE DOING SOMETIMES THEY GET IT RIGHT BUT MOST OF THE TIME THEY GET IT WRONG AND WE HAVE AND IT'S OUR MONEY WE NEED TO MAKE SURE THAT THEY UNDERSTAND THIS IS OUR MONEY. WE WANT OUR MONEY TO BE LEGALLY AND PROPERLY. THAT'S ALL I THINK ALL OF US ASK JUST DO IT RIGHT.

FOLLOW THE LAW. THAT'S ALL WE CARE ABOUT AND DO ANY PUBLIC COMMENT REGARDING THE SAME ARE YOU SAYING NOTHING? BRING IT THE DAIS MAKE A MOTION THAT COUNCIL ADOPTS THE RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING WITH THE ISLAND RECREATION ASSOCIATION CAN I HAVE A FIRST AND SECOND DISCUSSION MR. AMES BE THE FIRST MR. ALFRED MADE THE SECOND OTHERS IN FAVOR SIGNIFY BY YOUR RIGHT HAND AND

[10.d. Consideration of a Resolution Authorizing the Execution of a Memorandum of Understanding with the Hilton Head Regional Habitat for Humanity to Support Workforce Housing - Josh Gruber, Deputy Town Manager]

THIS TIME IT 7 TO 0. NEXT WE HAVE A CONSIDERATION OF A RESOLUTION THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH THE HILTON HEAD OF REGIONAL HABITAT FOR HUMANITY TO SUPPORT WORKFORCE HOUSING AT IS DECEMBER 19, 2003 MEETING THE FINANCE ADMINISTRATIVE COMMITTEE REVIEW THE TERMS OF THE DRAFT MEMORANDUM AND REQUESTED SEVERAL REVISIONS AT ITS MEETING JANUARY 11TH THE FINANCE AND ADMINISTRATIVE COMMITTEE VOTED UNANIMOUSLY RECOMMEND APPROVAL OF A MEMORANDUM OF UNDERSTANDING TO THE TOWN COUNCIL. MR.. THANK YOU MAYOR.

JUST TO PROVIDE A LITTLE BIT MORE BACKGROUND ON THIS PARTICULAR REQUEST AS PART OF LAST YEAR'S AFFILIATED BUDGETING PROCESS, HILTON HEAD REGIONAL HABITAT FOR HUMANITY SUBMITTED A REQUEST FOR FUNDING CONSIDERATION AS PART OF LAST YEAR'S BUDGET CYCLE COUNCIL DECLINED TO PROVIDE ANY FUNDING AT THAT POINT IN TIME THAT THEY WERE WAITING UPON THE PASSAGE OF ACT 57 OF 2023 WHICH DID IN FACT PASS LATE IN THE LEGISLATIVE CYCLE RIGHT AS WE WERE ADOPTING OUR BUDGET LAST YEAR. AND SO FOLLOWING THAT OUR STAFF WAS TASKED WITH DRAFTING A MEMORANDUM OF UNDERSTANDING THAT COULD BE BROUGHT FORWARD FOR COMMITTEE COUNCIL'S CONSIDERATION THAT WOULD OUTLINE HOW FUNDING BE USED ASSUMING THAT FUNDING IS AUTHORIZED BY THIS BODY TO SUPPORT WORKFORCE HOUSING.

AND SO WE'VE HAD SEVERAL MEETINGS WHERE WE'VE DISCUSSED THE TERMS OF THESE AGREEMENTS.

WE'VE ALSO THEN HAD SEVERAL REVISIONS. SO THE LATEST DOCUMENT THAT YOU HAVE IN YOUR MATERIALS IS DOCUMENT COMING OUT OF COMMITTEE THAT'S REFLECTIVE OF ALL CHANGES TO DATE AND I'LL BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU HAVE ABOUT THE CONTENTS OF THAT AGREEMENT . OKAY.

WE WILL GO TO PUBLIC COMMENTS REGARDING FOR HUMANITY. MR. HOAGLAND THIS IS COMPLETE AND 70 500,000 OF OUR MONEY TO BE USED FOR THIS THIS IS FOR THE FREE PRIVATE ENTERPRISE DEVELOPERS, BUILDERS THIS IS NOT WHAT YOU USE TAX MONEY FOR. THIS IS CRAZY STUFF THAT YOU ALL KEEP APPROVING ALL THIS. YOU MUST NOT THE LAWS OR SOMETHING IF SOMETHING IS WRONG EITHER JUST CLUELESS OR YOU'RE CORRUPT AND THERE CAN ONLY BE TWO WAYS AND OTHER PUBLIC COMMENT THAT'S BEEN M RANDY ROTH 31 ANSWERS ROAD AND THIS IS ACTUALLY DIRECTED TO D AND E I'M SPEAKING TODAY AS A MEMBER OF LOWCOUNTRY COMMUNITY, A DIVERSE GROUP OF WORKFORCE HOUSING ADVOCATES, OUR COUNTRY COMMUNITY PARTNERS SUPPORTS ALL TYPES OF WORKFORCE HOUSING THAT I COME TODAY TO SAY WE ARE IN FULL OF THE TOWN FUNDING BOTH C DC AND AC DC PLAN IS THE ONLY PROPOSAL DOESN'T ADD ANY FILM SPACE TO THE ISLAND NOT ONE MORE SQUARE FOOT UNDER THE ROOF WHILE IMMEDIATELY PROVIDING SPACES FOR THOSE RESIDENTS FACING A LOSS OF THEIR HOUSING DUE TO RAISING RENTS, HABITAT IS THE PROVEN MODEL FOR HOME OWNERSHIP AND LONG TERM RESIDENTIAL SECURITY. WHILE NO PROJECT ALONE CAN BE EXPECTED TO FULLY SUPPORT OUR WORKFORCE HOUSING NEEDS, THESE TWO PARTNERSHIP PROPOSALS IN CONJUNCTION WITH LONGER TERM

[01:05:03]

PARTNERSHIPS LIKE NORTH POINT PRIVATE DEVELOPER INITIATIVES LIKE THOSE FROM SEA PINES AND THE RICHARDSON GROUP ARE ALL NEEDED TO MAKE A MEANINGFUL IMPACT TO OUR WORKFORCE HOUSING PROBLEM WE NEED FIREFIGHTERS TEACHERS, POLICE, NURSES, AGE, HOTEL AND RESTAURANT WORKERS HERE ON HILTON HEAD AND WE NEED PLACES FOR THEM TO LIVE AFFORDABLY.

PEOPLE WANT TO LIVE WHERE THEY WORK AND WE NEED THEM TO WORK HERE.

THIS FUNDING COMES FROM OUR VISITORS THROUGH THEIR I URGE YOU TO VOTE TO FAVOR IN FAVOR OF BOTH PROPOSALS TODAY. THANK YOU. THANK YOU.

OTHER PUBLIC COMMENTS ARE MR. PENNER AND MEMBERS OF COUNCIL MR. ORLANDO THANK YOU FOR THE OPPORTUNITY TO SPEAK TODAY MY NAME IS JACK ALDERMAN AND I LIVE IN HILTON HEAD PLANTATION AND I'M SERVING AS CHAIR OF THE TOWN'S HOUSING ACTION. OUR FIRST QUARTERLY UPDATE REPORT WILL NOW AT THE MARCH 19TH TOWN COUNCIL MEETING BUT I'M HERE TODAY TO BRIEFLY TALK ABOUT THE PROPOSED MEMORANDA OF UNDERSTANDING AND FUNDING FOR HABITAT FOR HUMANITY AND ALSO FOR THE COASTAL COMMUNITY DEVELOPMENT CORPORATION. THE HOUSING ACTION COMMITTEE HAS UNANIMOUSLY PASSED A RESOLUTION TO RECOMMEND TO TOWN COUNCIL THAT THE TOWN MEMORANDA OF UNDERSTANDING FOR HABITAT AND CDBG AS PART OF THE TOWN'S EFFORTS TO SUPPORT WORKFORCE HOUSING. BOTH THOSE ORGANIZATIONS POSSESS THE EXPERTIZE DESIRE TO HELP WITH PROVIDING GOOD HOUSING FOR EMPLOYEES AND THEIR FAMILIES.

THERE ARE THREE REALLY IMPORTANT ADVANTAGES THAT KDC AND HABITAT IN THIS CRITICALLY IMPORTANT ENDEAVOR. FIRST, BOTH ARE WELL-MANAGED NONPROFIT ORGANIZATIONS WHOSE MISSIONS FIT PERFECTLY WITH HILTON HEADS URGENT NEED TO ATTRACT AND RETAIN GREAT EMPLOYEES. THIS TRULY A QUALITY OF LIFE ISSUE FOR ALL OF OUR RESIDENTS . SECOND, BOTH ORGANIZATIONS ARE POISED TO HAVE IMMEDIATE NEAR-TERM IMPACT ON OUR CRITICAL WORKFORCE NEEDS. AND THIRD, THE TOWN CAN PROVIDE VITALLY IMPORTANT FINANCIAL AND CDCC WITHOUT BEING IN THE DEVELOPMENT BUSINESS OR THE LANDLORD BUSINESS. IT'S THE RECOMMENDATION OF THE HOUSING ACTION COMMITTEE THAT THE TOWN MOVE AHEAD WITH THE NECESSARY MEMORANDA UNDERSTANDING.

THANK YOU. THANK YOU. JUST BEEN GOOD EVENING.

GO BULLARD AND I HAPPEN TO LIVE IN THE BURGLARY AREA HOME INVASION OF HILTON HEAD PLANTATION. HILTON HEAD WORKFORCE HOUSING EXPERIMENT BECAUSE I DO THINK IT'S AN EXPERIMENT. IT'S HARD TO BELIEVE THAT HILTON HEAD ISLAND OFFICIALS WOULD CONSIDER INVADING AFFORDABLE HOME OWNERSHIP CONDO COMMUNITIES OUR ISLAND AND TURNING THEM INTO REVOLVING DOOR RENTAL DISTRICTS SURPRISE SUBSIDIZE SUBSIDED WITH TOWN FUNDS. IT THE QUESTION WHAT IS IMPORTANT HERE? AFFORDABLE HOMEOWNERSHIP FOR WORKERS AND OTHERS OR SUBSIDY RENTALS? I CONSIDER THIS IDEA DETRIMENTAL EXPERIMENT THAT WILL NEGATIVELY IMPACT THESE SMALL CONDO COMMUNITIES. WE ALREADY HAVE RENTAL APARTMENTS TO BE CONSTRUCTED FOR WORKFORCE HOUSING ACCOMMODATIONS. THE CC RENTAL REVOLVING DOOR HAS ALREADY STARTED TO ROTATE WITH A PARALEGAL LEAVING AFTER A SHORT YET THIS MARKETING PRESENTATION USES AN ENTICING ALTRUISTIC DESCRIPTION FOR DONATIONS A 3% PAYBACK FOR BUSINESS DONATIONS COUPLED WITH A JUMP TO THE HEAD OF THE LINE AS AN OCCUPANCY INCENTIVE FOR OUR COMMUTER ISLANDS SLUM AFFORDABLE HOUSING CONDOS AVAILABILITY QUESTIONABLE ETHICS. I GUESS THAT'S IN THE EYE OF THE BEHOLDER.

IS THIS EXPERIMENT WELL-MEANING OR DEMEANING? IT A MESSAGE YOU CAN WORK AND LIVE ON THIS ISLAND AS LONG AS YOU ARE CONTENT TO RENT. IT'S ALL ABOUT THE NUMBERS.

[01:10:06]

IN THE THE 15,000 COMMUTERS COMING ON TO THE ISLAND WORK WILL CONTINUE AND WE ARE HAVE BEEN TOLD WE HAVE A DILEMMA WITH THE CHIMNEY COVE PEOPLE WHO WHO WORK ON ISLAND.

SO WHO'S MORE IMPORTANT RECRUITING SOMEONE FROM BLUFFTON OR TAKING CARE OF THOSE WHO ARE LIVING ON THE ISLAND? THANK YOU.

THANK YOU. LET'S NOT DO THAT. WE'LL BE HERE ALL DAY AFTERNOON . MY NAME IS TOM HENNES REPRESENTING HILTON HEAD ISLAND BLUFF THE CHAMBER OF COMMERCE. WE ARE ENCOURAGED BY THE ENERGY AND ENTHUSIASM THROUGHOUT COMMUNITY SURROUNDING THE VITAL ISSUE OF WORKFORCE HOUSING. EXAMPLES THE TOWN'S PROACTIVE DEVELOPMENT IN WORKFORCE HOUSING FRAMEWORK COUPLED WITH THE ESTABLISHMENT OF THE HOUSING ACTION COMMITTEE SIGNALING A DEDICATED EFFORT TOWARDS ADDRESSING OUR HOUSING NEEDS. PENDING NORTHPOINT DEVELOPMENT BY ONE STREET RESIDENTIAL THAT WILL SHOWCASE THE POSSIBILITIES OF PUBLIC PRIVATE PARTNERSHIPS A COMMENDABLE INITIATIVE BY THE RICHARDSON GROUP TRANSFORMING UNDERUTILIZED COMMERCIAL INTO A CENTRAL WORKFORCE HOUSING SEA POINT RESORT SUCCESS AND PROVIDING A BEAUTIFUL NEW RESIDENTIAL FOR THEIR EMPLOYEES. A POLICY PROPOSAL FOR A NEW WORKFORCE AND STUDENT HOUSING DEVELOPMENT ACROSS FROM U.S.. HIGHLIGHTING A COMMITMENT TO ACCOMMODATING DIVERSE HOUSING NEEDS. THE INNOVATIVE APPROACH BY THE COASTAL COMMUNITY DEVELOPMENT CORPORATION AND CONVERTING EXISTING RESIDENTIAL UNITS TO PERMANENT WORKFORCE HOUSING.

THE LEADERSHIP OF THE COMMUNITY FOUNDATION LOWCOUNTRY FOSTERING COLLABORATION AMONG INDIVIDUALS AND ORGANIZATIONS TO TACKLE THE WORKFORCE HOUSING CHALLENGE. COLLECTIVE THE ESTABLISHMENT OF THE BEAUFORT JASPER HOUSING TRUST SIGNALING A SIGNIFICANT STEP TOWARD SUSTAINABLE SOLUTIONS FOR FUTURE. AND COUNTLESS OTHER INITIATIVES CONTRIBUTING TO ADVANCEMENT OF WORKFORCE HOUSING, COMMUNITY AMIDST THESE NOTABLE EFFORTS HILTON HEAD REGIONAL HABITAT FOR HUMANITY STANDS OUT AS A BEACON OF EXCELLENCE AND LONGEVITY IN WORKFORCE HOUSING.

THEY'VE BEEN DOING QUALITY HOMES FOR WORKING FAMILIES IN OUR REGION SINCE 1990, DEMONSTRATING A PROVEN TRACK RECORD OF EFFECTIVENESS. THE GLEN COMMUNITY ON HILTON HEAD ISLAND IS A TESTAMENT TO THE HABITAT'S IMPACT PROVIDING HOPE OVER 30 FAMILIES WHO CONTRIBUTE TO THRIVE IN THEIR COMMUNITIES HABITATS, CLIMATE. ENGAGING LOCAL INDIVIDUALS AND ORGANIZATIONS. INSURANCE HOMES ARE BUILT AT SIGNIFICANTLY LOWER COST THAN THE AVERAGE. THANKS TO THE VALUABLE CONTRIBUTION OF VOLUNTEERS AS WELL AS ACTIVE PARTICIPATION FROM THE HOMEOWNERS HABITAT FOR HUMANITY SERVES AS A SHINING EXAMPLE OF A COMMUNITY CAN ACCOMPLISH WHEN UNITED BY A COMMON CAUSE.

THE HILTON HEAD ISLAND BLUFFTON CHAMBER OF COMMERCE PROUDLY SUPPORTS THE TOWN'S MRU WITH HILTON HEAD REGIONAL HABITAT FOR HUMANITY RECOGNIZING THEIR INVALUABLE CONTRIBUTION TO THE ADVANCEMENT OF WORKFORCE HOUSING IN A REGION OTHER BUT ESPECIALLY HUDSON'S SHIPYARD.

I PROCEDURALLY HAVE A BIG QUESTION THAT HABITAT WHICH I CAN WHOLEHEARTEDLY SUPPORT AS THEY HAVE LIKE 7574 YEAR HISTORY AND AS THE LAST FOUR STATED ABOUT A 30 YEAR HISTORY ON THE ISLAND THAT IS BEING DONE TOGETHER WITH THE CCD OPTION AND I THINK THAT'S A DANGEROUS STEP THIS SHOULD EACH BE EVALUATED ON THEIR OWN MERITS AND CRITIQUES OF .

THERE ARE MANY OF SOME OF THE OTHER ONES AND I WOULD LOOK FORWARD TO HEARING MORE HABITAT OR HAVING A VOTE. THANK YOU SIR. EVERYONE NAME IS ALEX CASTELLANOS AND I'M A RESIDENT OF THE COMMUNITY THERE HABITAT DOING ON HILTON HEAD AND I JUST WANTED TO COME IN AND URGE TOWN COUNCIL TODAY TO PASS ONE MORE YOU WITH HABITAT.

I'M A PERFECT RESULT OF WHAT HABITAT HAS DONE IN OUR COMMUNITY.

I KNOW YOU GUYS A LOT OF YOU GUYS HAVE SEEN ME AND YOU GUYS KEEP WONDERING PROBABLY I KEEP COMING BACK BUT YOU KNOW WE HAVE GIVEN SO MUCH THAT I FEEL I JUST GOT TO STEP OUT HERE AND COME OUT. A LOT OF MY NEIGHBORS ARE WORKING BUT I HAD OPPORTUNITY TO BE HERE TODAY SO I WANT TO REPRESENT THEM AND JUST SHOW THAT IT WORKS.

IT MAKES A DIFFERENCE. THERE'S A LIFELONG IMPACT IN OUR FAMILY SO THANK YOU FOR GIVING US A CHANCE TO SPEAK. THANK YOU. OTHER COMMENTS?

[01:15:01]

YES, SIR THIS IS ON HABITAT. OKAY. IN PUBLIC COMMENTS.

YES, SIR REMEMBER TO STATE YOUR NAME AND ADDRESS WHEN YOU DON'T COME UP.

I KEEP FORGETTING TO MAKE MENTION AFTERNOON. CHARLES CLINTON FROM WEXFORD MR. MAYOR, MR. ORLANDO COUNCIL. I'LL KEEP MY VERY BRIEF. I'VE NEVER BEEN A BIG FAN OF NON-GOVERNMENTAL ORGANIZATION MIXING IN WITH GOVERNMENTAL ORGANIZATIONS.

I THINK THAT THIS SHOULD NOT BE PROCEEDED WITH. I DON'T THINK IT SHOULD BE A BURDEN FOR THE TAXPAYER. I THINK PRIVATE ENTERPRISE IS A FAR BETTER SOLUTION TO SOLVE THIS AND I THINK YOU SHOULD SERIOUSLY RETHINK THIS BECAUSE INEVITABLY ANYTHING THAT THE GOVERNMENT GETS INVOLVED WITH IS GOING TO HAVE A BUREAUCRATIC TAIL ON IT AND IS GOING TO BECOME UNMANAGEABLE AND WITH A WHOLE HOST OF OTHER QUITE FRANKLY SOME FORESEEABLE PROBLEMS AND SOME THINGS THAT YOU'RE NOT GOING TO SEE. BUT I STAND WHOLEHEARTEDLY AGAINST THIS INITIATIVE. THANK YOU. THANK YOU.

THE OTHER COMMENTS. YES, SIR. GOOD AFTERNOON, MR. MISSION.

MEMBERS OF . MANAGER MY NAME IS MAURICE CAMPBELL.

I LIVE IN THE SPANISH WELLS COMMUNITY. I'M HAPPY TO BE HERE TO HELP COMMUNITY JUST TALK ABOUT THE ISSUE OF AFFORDABLE HOUSING. NOW THERE ARE MANY SIDES AND THERE WILL ALWAYS MANY SIDES TO EVERY ISSUE THAT IMPACT US. BUT THIS IS THE BUILDING OF A GOOD COMMUNITY I THINK AND HILTON HEAD WE TALKED ABOUT THE HERITAGE TOURNAMENT BEING WORLD RENOWNED ETC. AND LIFE ON HILTON HEAD SHOULD BE THE WAY FOR EVERYONE WHO LIVE LIKE I DESIRE TO LIVE AND WORK HERE. PORTABLE HOUSING OR LIVABLE HOUSING IS CERTAINLY A BASIC AS FAR AS OUR FIND MENTAL LIFE QUALITY OF LIFE ISSUES AS WELL AS THE FOUNDATION OF QUALITY IS GOING TO TAKE ALL OF US WORKING TOGETHER TO ACCOMPLISH NOT JUST THE PRIVATE SECTOR, NOT JUST THE TOWN SYSTEM BUT ALL OF US WHO HAVE WHO HAS ANY ABILITY OR ANY RESOURCES TO DO THAT.

AND I'M VERY, VERY, VERY THAT WORKING TOGETHER WE CAN ACCOMPLISH THAT.

THROWING ROCKS AND STONE IS NOT GOING TO ADDRESS THE ISSUE OF QUALITY OF LIFE BASED ON ON ON SERVICES THAT ARE RENTED OR AVAILABLE TO OUR COMMUNITIES AND A LOT OF PEOPLE WHO COME TO PROVIDE SERVICES TO OUR COMMUNITY DON'T LIVE HERE AND IF THEY ARE LIVING IT WOULD BE MUCH EASIER. SO I WOULD JUST ENCOURAGE YOU TO MOVE FORWARD IN SUPPORT OF THE TO AND WE SO I AM AND LET'S CONTINUE TO WORK TOGETHER AS A MORE SO THAN BEING AGAINST EVERYTHING LESS BE FOR SOMETHING AND HOUSING IS A BASIC NEED THAT WE CAN ALL RALLY AROUND. THANK YOU SIR. THANK AND ANY OTHER PUBLIC COMMENTS. ALL RIGHT SAYING NON GOSH I'M ASKING TO COME BACK UP AND JUST DOVE IN A LITTLE BIT INTO ACT 57 ON THE USE OF FUNDS FOR HABITAT.

YES SIR. I THINK IT IS IMPORTANT TO UNDERSTAND THE SOURCE OF FUNDING IS COMING FROM SO IF APPROVED BY THIS BODY THE CURRENTLY ANTICIPATED SOURCE OF REVENUES THAT WOULD BE USED TO PROVIDE THIS FUNDING WOULD COME FROM STATE ACCOMMODATIONS TAXES. AND THE ONLY REASON WE CAN HAVE THAT CONVERSATION IS BECAUSE OF THE RECENTLY ACT 57 OF THE 2023 LEGISLATIVE CYCLE. WHAT THAT DID WAS IT SPECIFICALLY ALLOWED LOCAL CITIES, COUNTIES, TOWNS TO SPEND ACCOMMODATIONS, TAXES EITHER STATE OR LOCAL ON WORKFORCE HOUSING PROJECTS. BEFORE THAT THERE WAS AN ENUMERATED LIST BUT THAT WAS NOT INCLUDED SO THAT WAS CHANGED TO CALL OUT AND APPROVE THESE TYPES OF PROJECTS. AND SO IN ADDITION TO APPROVING THE MEMO TONIGHT, WE'RE STILL IN THE PROCESS OF ADOPTING AN AMENDMENT TO OUR COMPREHENSIVE PLAN TO INCORPORATE THE HOUSING IMPACT ANALYSIS WHICH WAS ALSO A REQUIREMENT OF THE ACT. AND WE'RE ALSO GOING TO BE LOOKING AT A BUDGET AMENDMENT TO THEN APPROPRIATE THESE FUNDS AND MAKE THEM AVAILABLE FOR THE USE AS OUTLINED WITHIN THE MEMO USE. AND SO BOTH OF THOSE ARE ANTICIPATED TO OCCUR NEXT MONTH . AND SO I WANTED TO MAKE SURE TO TAKE AN OPPORTUNITY TO HIGHLIGHT THAT. I ALSO WANT TO STRESS WITH REGARDS TO HABITAT THE WAY THAT THIS PARTICULAR AGREEMENT IS STRUCTURED IS DIFFERENT THAN THE AGREEMENT STRUCTURED WITH CD. SO THEY'VE BOTH COME UP RELATIVELY THE SAME TIME. THEY BOTH WANT TO LOOK AT ADDRESSING WORKFORCE HOUSING BUT THE AGREEMENT WITH HABITAT IS SUBSTANTIALLY AND PART OF THE REASON WHY IT'S

[01:20:02]

DIFFERENT IS THE AGREEMENT WITH HABITAT REALLY FOCUSES A PARTNERSHIP WITH THE TOWN AND TOWN STAFF WHO ARE GOING TO WORK COOPERATIVELY WITH HABITAT TO IMPLEMENT THIS FUNDING AND USE IT AND WHAT WE MEAN BY THAT IS STAFF WOULD BE INVOLVED IN THE SITE SELECTION DESIGN AND THEN ULTIMATELY IN ANY OF THE PERMITTING THAT WOULD NEED TO BE DONE TO GET THEM TO THE POINT WHERE THEN THEY CAN TAKE OVER AND ACTUALLY MOVE FORWARD CONSTRUCTION OF SOME WORKFORCE HOUSING UNITS AND SO ONE TO MAKE SURE THAT IT'S CLEAR THAT THIS AGREEMENT REALLY CALLS FOR THE TOWN JOINTLY WITH HABITAT TO FIND THE SITE, DEVELOP A PLAN AND COME UP WITH SOMETHING THAT REALLY MAKES SENSE AND THEN HAVE THE FUNDING THERE TO UTILIZE AND EXECUTE UPON THAT.

I THINK FOR THE PURPOSE OF TODAY AND THE QUESTIONS THAT ARE AROUND THIS IF WE COULD HAVE A PRESENTATION ON HABITAT THAT WOULD BE HELPFUL BECAUSE NOT JUST FOR US BUT FOR THE COMMUNITY AS WELL EVEN THOUGH THIS HAS GONE THROUGH A SENATE COMMITTEE SEVERAL TIMES AND HAS BEEN PRESENTED TO PUBLIC AND I WANT TO STATE THAT THAT YOU ALWAYS HAVE AN OPPORTUNITY TO GO TO OTHER COMMITTEE MEETINGS AND EXPRESS YOUR OPINIONS THERE AS WELL.

BUT BUT I THINK OF THE QUESTIONS AROUND THIS WOULD BE IT WOULD BE GOOD TO HAVE A QUICK PRESENTATION IF WE COULD ASK YOU FOR A QUICK PRESENTATION WOULD YOU LIKE ME TO GO THROUGH THE TERMS OF THE MATTER YOU'RE GOING ASK HABITAT TO COME UP AND SPEAK? YES MA'AM. THAT'S ALL YOU I JOSH WE LOVE YOU BUT YOU'VE SPOKEN A LOT TO THE DOGS. ALL RIGHT. THANK YOU SO MUCH.

THANK YOU FOR GIVING US THIS OPPORTUNITY. WE'RE HAPPY TO BE HERE AND TALK ABOUT A PARTNERSHIP WITH THE TOWN. THANK YOU TO THE FINANCE ADMINISTRATION COMMITTEE FOR MOVING THIS FORWARD FOR US AND ALL RIGHT.

SO WE'RE LOOKING HOPEFULLY TO MOVE FORWARD TOGETHER THE TOWN TO MAKE A DIFFERENCE IN HOUSING HERE ON THE ISLAND. AND MANY OF YOU HAVE SEEN MY LITTLE JIGSAW PUZZLE HERE BEFORE BUT IF YOU TAKE OUR PROGRAM AND BOIL IT DOWN TO JUST THE BASICS, IT'S FOUR COMPONENTS THAT REALLY MAKE THIS PROGRAM WORK AND SO OUR THAT WE HAVE THAT THAT HELP US BUILD THESE AND SAVE US A LOT ON LABOR COSTS MAKE THEM AFFORDABLE HOUSING FOR FAMILIES OUR DONORS HAVE SUPPORTED US ALL THE WAY THROUGH AS WE BUILD HOUSES IN BEAUFORT AND JASPER COUNTIES AND THEN OF OUR FAMILIES. AND AS YOU CAN SEE, WE HAVE A NEED. WE ALL KNOW WE HAVE A NEED. BUT AT OUR LAST INFORMATIONAL MEETING OVER HUNDRED FAMILIES ATTENDED INTERESTED IN BEING PART OF OUR PROGRAM AND WE'RE SELECTING TEN BASED ON WHAT OUR OUR CAPACITY WAS THE TIME FOR WHAT WE HAD AVAILABLE AND THEN OF COURSE LAND RIGHT NOW WE DON'T HAVE LAND ON THE ISLAND WE ARE WORKING OUT IN JASPER COUNTY AND IN BEAUFORT HOW MANY TIMES ABOUT THE POSSIBILITY DOING MULTIPLE FAM MULTIFAMILY UNITS? WE HAVEN'T DONE THAT BUT WE FEEL LIKE THAT WE'RE READY TO DO THAT. WE'RE READY TO TAKE THAT FIRST STEP AND DO THAT.

WE KNOW WITH THAT BY DOING MULTIFAMILY UNITS WE CAN SERVE MORE FAMILIES IN A QUICKER MANNER SO. VERY INTERESTED IN LOOKING AT DOING THAT.

THESE ARE SOME OF THE QUESTIONS THAT CAME UP WHEN WE WENT THROUGH THE FINANCE AND ADMINISTRATION COMMITTEE MEETINGS TO TALK ABOUT THE PROGRAM WE WILL BE LOOKING AT FAMILIES THAT ARE WORKING HERE ON THE ISLAND. WE AIM IN OUR MORTGAGE DOCUMENTS THE FIRST RIGHT OF REFUSAL SOMEONE DOES DECIDE THAT THEY WANT TO SELL THEIR HOME. I CAN TELL YOU THAT DOESN'T HAPPEN VERY OFTEN.

PART OF THAT IS BECAUSE WE WORK SO CLOSELY WITH OUR FAMILIES WHEN WHEN THE HOUSING PRICES WENT UP THEY WERE BEING BOMBARDED BY REALTORS ASKING THEM TO CONSIDER SELLING THEIR HOMES AND WE WERE ABLE TO REACH OUT AND REMIND THEM THAT HERE'S THIS PROGRAM WORKS, HERE'S WHAT YOU WERE PAYING IN RENT BEFORE. IS IT LOOKING AT AND HAVING TO FIND SOMEPLACE ELSE TO LIVE AND NOBODY SOLD THEIR HOME. THEY DIDN'T WANT TO GIVE UP THEIR HOME HERE ON THE WE WORK WITH OUR FAMILIES TO GET THEIR SWEAT EQUITY OURS COMPLETED 300 TO 400 HOURS OF SWEAT EQUITY.

A LARGE PART OF THAT IS SPENT HELPING BUILD THEIR OWN HOMES. SO THEY'RE WORKING RIGHT ALONGSIDE WITH OUR VOLUNTEERS THEIR HOMES THEY TAKE CLASSES ON BUDGETING AND PREDATORY LENDING AND HOME MAINTENANCE AND BEING GOOD NEIGHBORS IN CONFLICT RESOLUTION.

WE WANT TO PREPARE THEM TO SUCCESSFUL HOMEOWNERS SO THEY GO THROUGH ABOUT 20 HOURS OF CLASSES BEFORE THEY GET INTO OUR PROGRAM. ONCE THEY'VE COME INTO THE PROGRAM BEFORE WE CLOSE ON THEIR HOME HELPING THEM TO BE PREPARED TO BE A NEW HOMEOWNER AND THEN ONCE THEY MOVE INTO THEIR HOME ONCE WE'VE CLOSED ON THAT HOME THEY HAVE AN AFFORDABLE MORTGAGE ALONG WITH A SILENT SECOND MORTGAGE SO THAT SILENT SECOND MORTGAGE

[01:25:01]

REPRESENTS THE THE WE DO A AN APPRAISAL THINK OF THE WORD HERE APPRAISAL WHEN WE FINISH THE HOME WE SELL THAT TO LIKE THE FIRST MORTGAGE THAT REPRESENTS WHAT IT COST US TO BUILD THAT HOME THE DIFFERENCE BETWEEN THOSE TWO WILL BE A SILENT SECOND MORTGAGE THAT GOES AWAY OVER TIME AS LONG AS THEY STAY IN THEIR HOME THEY MAKE THEIR PAYMENTS.

THEY FOLLOW ALL THE RULES OF THEIR MORTGAGE DOCUMENT THAT SILENT THAT SECOND MORTGAGE WILL GO AWAY OVER TIME THAT DOES THINGS ONE IT KEEPS THEM FROM FLIPPING THEIR HOME RIGHT AWAY AND MAKING MONEY. THEY JUST WON'T. AND IT'S NOT HOW OUR FAMILIES THINK ANYWAY. THEY'RE NOT GOING INTO IT WITH THE IDEA THAT THEY WOULD SELL THAT HOME BUT THERE'S A MECHANISM THERE TO PREVENT THAT.

SECOND THING IS IT HELPS THEM WITH PREDATORY LENDERS. NOBODY WANTS TO BE THIRD IN LINE. THEY'VE GOT TWO MORTGAGES ALREADY.

NOBODY WANTS TO HOLD A THIRD MORTGAGE SO THEY DON'T TAKE ADVANTAGE OF THEM IN THAT WAY.

AND THEN THE LAST THING ALSO BUILT INTO OUR DOCUMENTS IS THAT THERE ARE NO SHORT TERM RENTALS OUR FAMILIES HAVE TO LIVE IN THEIR IT HAS TO BE THEIR PRIMARY RESIDENCE AS PART OF THEIR MORTGAGE AGREEMENT HAVE A PROVEN TRACK RECORD AS HAS BEEN MENTIONED SEVERAL TIMES OUR VERY FIRST HOME THAT WE BUILT IN THE 1990S WAS BUILT HERE ON THE ISLAND.

THE LAST HOMES THAT WE COMPLETED ON THE ISLAND ARE THOSE 32 HOMES THAT ARE IN THE GLEN. THIS IS AN EXAMPLE OF ONE OF THOSE AND A PROUD HOMEOWNERS IN FRONT OF IT. THOSE 32 HOMES WE BUILT AS A PARTNERSHIP WITH THE TOWN WE COULDN'T HAVE DONE THAT WITHOUT THE PARTNERSHIP THAT WE HAD WITH THE TOWN TO BE ABLE TO DO THAT. THESE ARE THAT ARE LIVING HERE. THEY'RE WORKING HERE.

THEY ARE BUYING GOODS HERE. THEY ARE DECORATING YOUR KIDS BIRTHDAY CAKES.

THEY ARE IN YOUR DENTIST'S OFFICE. THEY ARE DOING LANDSCAPING IN YOUR YARDS AND REPAIRING YOUR HOMES. THEN THEY LIVE HERE, THEY'RE ENGAGED HERE, THEY PAY THEIR TAXES HERE AND THEY'RE PART OF THIS COMMUNITY AND I KNOW YOU CAN'T READ ALL OF THIS AND THEN THEY DON'T REALLY INTEND FOR YOU TO IT'S JUST AN EXAMPLE TO LET SEE THAT WE ARE HERE. WE'VE BEEN HERE, WE'VE BEEN DOING THE WORK AND WE WANT TO CONTINUE THIS PARTNERSHIP WITH THE TOWN TO DO WHAT WE'VE BEEN DOING AND I'LL TAKE ANY QUESTIONS YOU HAVE FOR ME. THANK YOU. ARE ANY QUESTIONS BEFORE THE MOTION IS MADE? YES. MR. ALFORD, EARLIER YOU MENTIONED THAT YOU WOULD BE PURSUING THE POSSIBILITY OF MULTI-FAMILY HOMES IN A SINGLE WHICH I GATHER HAS HISTORICALLY BEEN PRACTICE AND WE'VE DISCUSSED IT IN THE FINANCE COMMITTEE BUT THE NAME OF YOU DOES NOT MAKE REFERENCE ANYTHING OTHER THAN SINGLE FAMILY. BUT I THINK IF I UNDERSTAND YOU CORRECTLY YOU SHARE THE TO TRY OUT THE POSSIBILITY OF MULTI-FAMILY JOBS DOING YOUR EXEMPT IS REPRESENTATION AND PRESENTATION WE NEED TO DO ANYTHING WITH THE MEMO YOU ACTUALLY IF THAT'S THE ONLY CONCERN YOU CAN PROBABLY INCORPORATE THAT INTO YOUR MOTION CONTINGENT UPON THAT LANGUAGE IN THERE AND WE HAVE A MOTION YES AND IF OTHERS AGREE I'LL ADD THAT TO THE MOTION OF COUNSEL ADOPT RESOLUTION AUTHORIZING THE EXACT EXECUTION OF A MEMORANDUM OF WITH HILTON HEAD ISLAND REGIONAL HABITAT FOR HUMANITY SUPPORT WORKFORCE HAVE BEEN ADDING THE PHRASE INCLUDING MULTIFAMILY UNITS AS PART OF THE POSSIBILITY OF DISCUSSION.

MOSBACHER OH WELL FIRST OF ALL, HABITAT FOR HUMANITY HAS DONE GREAT WORK ACROSS THE COUNTRY AND HERE ON HILTON HEAD ISLAND . IN FACT WE ARE PARTNERS AND WE HAVE BEEN A LONG TIME HAVING DONATED LAND TO HABITAT AND SEEING THE GOOD WORK AND THE AMAZING FAMILIES THAT BEEN ABLE TO JOIN OUR COMMUNITY AND LIVING OUT THE AMERICAN DREAM AS HOMEOWNERSHIP IS AN IMPORTANT PART OF MOVING FORWARD IN THIS COUNTRY AND PROVIDING GENERATIONAL OPPORTUNITY THE FUTURE. SO WHAT BOTHERS ME QUITE HONESTLY IS THAT WE LOOKING TO FORM A WHAT'S BEING ASSESSED AS A NEW PARTNERSHIP IN IN THIS NEW PARTNERSHIP RATHER THAN THE DONATION OF LAND WHICH I THINK I JUST HEARD YOUR PRESENTATION IS TRULY THOSE CRITICAL ELEMENT RIGHT WITHOUT LAND YOU CAN'T ACHIEVE ANY OF THESE THINGS I WOULD START SO IT'S MY BELIEF IS THAT THIS COUNCIL ACQUIRES LAND NOT TOO LONG AGO OVER ON

[01:30:09]

BRYANT ROAD AND WHILE IT WASN'T AGREED TO THE PURPOSE OF THAT PURCHASE AT THE TIME MANY PEOPLE HAVE SUGGESTED THAT THAT IS LAND THAT HAS BEEN SET FOR WORKFORCE HOUSING AND IT WOULD BE MY PREFERENCE THAT WE DONATED THAT LAND TO HABITAT FOR HUMANITY RATHER MOVING FORWARD WITH A CASH ALLOTMENT THROUGH WHEN I WANT YOU TO THAT IS DEPENDENT ON YEAR AFTER YEAR RENEWED APPLICATION AND QUALIFICATION I'M SURE THAT THAT BEST SUITS QUITE HONESTLY IN MY HUMBLE OPINION OUR PARTNERSHIP THAT HAS BEEN SO PRODUCTIVE IN THE PAST SO I WANT TO START THERE THAT I THINK THAT'S APPROPRIATE WAY THIS COUNCIL TO BE MOVING FORWARD AND THEN I TO ASK THE QUESTION WITH REGARD TO 57 AND A BUDGET AMENDMENT THAT JUST YOU MENTIONED AS AT 57 ALLOW FOR A LOOK BACK OR DOES IT ONLY FOR THE ACCESS OF FUNDING FROM THE DATE IT WAS PASSED BY THE LEGISLATURE? SO ACT 57 HAS A SUNSET PROVISION IN TERMS OF WHEN IT WILL EXPIRE. THERE IS NO LANGUAGE IN THE ACT THAT I'M AWARE OF THAT SETS ANY OTHER KIND OF DATES AS FAR AS A LOOK BACK TIME THAT YOU CAN START TO. SO ONCE GOT PASSED IT BECAME AN ALLOWABLE EXPENDITURE AND IT'S SILENT AS TO TIMING OF THAT IT JUST STATES THAT IN SEVEN YEARS IT WILL EXPIRE FURTHER ACTION IN THE GENERAL ASSEMBLY. THANK YOU AND REAL QUICK I'M SORRY BECAUSE IT WAS BROUGHT UP PREVIOUSLY IN AGREEMENT IT SPECIFICALLY STATES THAT HABITAT MAY ONLY USE THE ABOVE REFERENCE FUNDING FOR THE PURPOSE OF ACQUIRING REAL PROPERTY AND OR DESIGNING AND CONSTRUCTING SINGLE AND OR MULTIFAMILY WORKFORCE HOUSING UNITS.

SO MULTIFAMILY PROVIDED FOR IN THE AGREEMENT. THANK YOU AND IN AND I THINK ONE OF THE THINGS THAT THIS NEW REQUEST COMING THROUGH AS A MEMORANDUM UNDERSTANDING THAT BOTHERS ME IS BECAUSE OF OUR LAND LONG STANDING SUCCESSFUL RELATIONSHIP WITH HABITAT THAT BOTHERS ME TREMENDOUSLY A LOT THAT CONSULTANTS AND LOBBYISTS HAVE BEEN EMPLOYED BY THOSE ARE GOOD FUNDS THAT'S DOLLARS THAT CAN BE USED FOR BUILDING HOMES TO PROVIDE HOUSING FOR COMMUNITY AND SO I DON'T UNDERSTAND THAT I DON'T UNDERSTAND WHY WHEN WE HAVE THIS RELATIONSHIP THAT THAT WOULD HAVE TAKEN PLACE AND TENS AND TENS OF THOUSANDS OF DOLLARS HAVING BEEN SPENT IN JUST THE YEAR 2023 BEING PAID A CONSULTANT TO MOVE WITH THE TOWN OF HILTON HEAD. IT'S INCONSISTENT WITH OUR RELATIONSHIP.

SO THOSE THINGS BOTHER ME. MAYOR, IF YOU'LL BE WITH ME I JUST WANT TO MAKE SURE I HAVE A FULL UNDERSTANDING OF THINGS THAT ARE INCLUDED HERE BESIDES THE DOLLAR AMOUNT.

THERE IS ALSO TO AGREEMENT AN ASSOCIATION WHEREBY THE TOWN WOULD BECOME INTRICATELY INVOLVED AND I THINK WE'VE HEARD A LITTLE BIT ABOUT IT WITH THE PLANNING LAND ACQUISITION AND, ALL SORTS OF OTHER ASPECTS OF A PARTNER WITH HABITAT WHAT BOTHERS ME ABOUT THAT THAT WHETHER SOME MAY WANT TO SAY THIS IS TRUE OR NOT IT SEEMS TO ME THAT WE ARE ON A SLIDING OF DEVELOPING A APARTMENT IN HILTON THAT IS AGAINST OUR LIMITED SERVICE GOVERNMENT THAT WE HAVE HERE ON HILTON HEAD THAT IS INCONSISTENT WITH WHAT I BELIEVE THE MAJORITY OF HILTON BELIEVES IS HAPPENING ACROSS GROWTH GOVERNMENT.

AND SO I SUPPORT THAT AND SO AT EVERY TURN THIS BECOMES A REALITY.

I WILL MAKE THAT SAME COMMENT. WE ARE SLOWLY BUT SURELY INCREASING OUR GOVERNMENT OVERREACH INTO HOUSING AND SO I'LL SAY IT OVER AND OVER AGAIN THAT'S UNDER IF ANYONE'S

[01:35:07]

LOOKING IT'S ON PAGE NUMBER FIVE PROJECT ASSISTANCE. I DO HAVE A QUESTION AS TO QUALIFICATIONS LIVING OR WORKING ON HILTON HEAD IT SPECIFICALLY SAYS THAT AT THE TIME ACCEPTANCE INTO THE PROGRAM THAT THE APPLICANT WILL WORK ON HILTON HEAD THAT DOESN'T SAY ANYTHING WHAT ABOUT WHAT HAPPENS ONCE THE HOME IS BUILT AND FAMILY MOVES INTO IT IT DOESN'T GUARANTEE THAT WE INDEED ARE SOLVING A WORKFORCE ISSUE ON HILTON THINKING OF WORKFORCE ONE OF THE THINGS THAT I'VE ASKED OR THAT I HAVEN'T RECEIVED BUT I KNOW IS COMING IS SOMETHING THAT I HEARD IN THE HOUSING ACTION COMMITTEE THAT IS NOW IN FACT IS A DEFINITION BETWEEN WORKFORCE AND AFFORDABLE GET ALL OF THE DOCUMENTATION INTERCHANGE THOSE WORDS YOU CAN READ IT LISTED AS AFFORDABLE WORKFORCE HOUSING YOU CAN READ IT AS AFFORDABLE HOUSING YOU CAN READ IT AS WORKFORCE HOUSING.

DO THEY ALL MEAN THE SAME? I DON'T KNOW THAT THAT'S A QUESTION AND UNTIL WE KNOW THE ANSWER TO THAT GIVEN ESPECIALLY WHAT I'VE HEARD AT THE HOUSING ACTION COMMITTEE JUST LAST WEEK I BELIEVE IT WAS I DON'T KNOW HOW WE COULD APPROVE ANYTHING TONIGHT WITH THIS BECAUSE.

WE DON'T KNOW EXACTLY WHAT TYPE OF HOUSING WE ARE PROVIDING. MODERATOR WE'VE GOT ANOTHER ISSUE OF INCONSISTENCY ON A NUMBER OF FIVE ON PAGE THREE WE HAVE AND AM I CONSIDERATION AND AM I THAT IS IT CONSISTENT WITH WHAT YOU'LL HEAR ABOUT CDC OR YOU HEAR ABOUT WHAT'S GOING OR SURE ABOUT FROM OTHER AND EVEN ANDERSON EXCUSE WHERE IT BECAME A TOPIC OF CONTENTION AMONG SOME COUNCIL MEMBERS THAT THE BMI BETWEEN 30 AND TO 80% OF THE AMOUNT APPLICABLE TO HILTON HEAD ISLAND SOUTH CAROLINA WITHOUT THE EXPRESS PRIOR WRITTEN APPROVAL OF THE SO FEW THINGS THERE WHY IS BMI DIFFERENT AMONG ALL OF OUR DIFFERENT PROGRAMS THAT ARE COMING FORTH BETWEEN TO US WE HAVE A HOUSING POLICY ARE WE FOLLOWING OUR POLICY OR ARE WE CHANGING AT EVERY APPLICATION THAT COMES BEFORE US AND WHEN IT SAYS WITHOUT PRIOR WRITTEN APPROVAL BY THE TOWN, DOES THAT MEAN THAT THE BURDEN FALLS ON THE TOWN MANAGER TO MAKE DECISIONS? IS IT THE TOWN MANAGER AND THE MAYOR WHO MAKE THOSE OR DOES IT GET REVISITED BY THIS COUNCIL IN THE FUTURE COUNCILS TO ASSESS WHETHER OR NOT ANYTHING ARE APPROPRIATE AND THINGS THAT OUR CONSTITUENTS ARE HOLDING US RESPONSIBLE FOR? SO THESE SOME CONCERNS AND YOU'LL HEAR THAT LANGUAGE THROUGHOUT NOT ONLY THIS DOCUMENT BUT OTHER DOCUMENTS COMING AS WELL. SO THAT IS THE NUMBER OF MY I THINK THAT IS THE MOST DIFFICULT I CAN REMEMBER BEING PUT IN HABITAT IS ONE OF MY FAVORITES I GREW UP IN IN A WORLD WHERE WE QUALIFY FOR EVERY ONE OF THESE PROGRAMS AND LIVED IN SOME OF THE MOST HORRENDOUS SITUATIONS WHERE 15 INSTEAD OF GOING TO THE GROCERY STORE WITH MY MOTHER AS WE WALKED AND USING FOOD STAMPS AND THEN PUSHING THE CART BACK TO OUR ONE BEDROOM APARTMENT ABOVE WHERE DRUGS WERE SOLD AND CRIME RAMPANT.

I GOT A JOB LIKE THAT AGAIN. I TOOK MY MONEY AND GOT TO THE STORE AND TOOK THEIR FOOD BECAUSE THAT'S HOW DONE AND THAT MEANS A LOT TO ME WORKING TO THE AMERICAN DREAM MEANS EVERYTHING TO ME IT'S FUNDAMENTALLY HOW I WAS RAISED AND I BELIEVE MOST PEOPLE ON THIS ISLAND WERE RAISED AND ARE AND HOW YOU GET AHEAD IN THE WORLD I PROMISE THAT THIS DOCUMENT HAS SO MANY ISSUES WITHIN IT AND BECAUSE I BELIEVE OUR PARTNERSHIP IS STRONG AND I BELIEVE THAT WE OUGHT TO BE DONATING THAT LAND TO HABITAT AND NOT PROVIDING THEM WITH MONEY THAT WE CANNOT TRASH, WE CANNOT AUDIT THAT WE CANNOT CLAW BACK ALL THE THINGS THAT

[01:40:04]

THIS DOCUMENT SAYS WE CAN DO FOR SAFETY MEASURES AND SOME PAINS ME HAVE SEEM TO SAY NO TO THIS DOCUMENT AND I OPEN THE DOOR TO THE IDEA OF MOVING FORWARD AS A PARTNER IN PROVIDING LAND TO HABITAT ON HILTON HEAD FOR HELP AND EMPLOYEE THANK YOU OTHER TIME OTHER COMMENTS OKAY YES I'VE LONG BEEN A SUPPORTER OF HABITAT I ACTUALLY WORKED A HOUSE AND I LIVED IN CAROLINA BUT WHAT I REMEMBER THE MOST IS THE FACES OF THE FAMILIES MOVE INTO HABITAT HOMES ON AND WE HAD A RIBBON CUTTING ON THE LAST HOUSE IN THE GLEN AND I THERE TO SEE THOSE TWO LITTLE BOYS EXCITED TO WALK INTO THEIR NEW HOME AND NEVER FORGET THAT IT'S A GREAT MODEL THIS IS A DIFFERENT WAY OF APPROACHING IT BUT AS AS MAURICE CAMPBELL SAID TO US IT TAKES A LOT OF DIFFERENT AND WE ALL SHOULD WORK TOGETHER TO ADDRESS ISSUE ON OUR ISLAND AND TO BE ABLE TO FIND HOMES FOR FOLKS NO MATTER THEIR STATUS.

AND I WANT TO ESPECIALLY NOT ONLY TODAY BUT OTHER TIMES IT'S GOING TO WHOLEHEARTEDLY SUPPORT THIS IMO YOU BECAUSE IT'S ANOTHER WAY THAT WE CAN A STEP FORWARD AND HELP WITH HOUSING IN OUR COMMUNITY AND. I'M PROUD TO DO SO AND OTHER PUBLIC AND OTHER PUBLIC COMMENTS OF COLLINS TO MR. DIFFERENT I JUST WANT TO DOUBLE CHECK WITH YOU IF YOU HAVE ANY COMMENT AT THIS TIME. NO. OKAY.

SO THAT BEING SAID WE'VE GOT A MOTION BY MR. JAMES AND SECOND BY MR. ALFRED BUT I'D FEEL REMISS IF I DIDN'T SPEAK THAT THERE'S A NEW PRODUCT OUT THERE ACT 57 AND WE AN ATTORNEY GENERAL AS ATTORNEY GENERAL'S OPINION STATING IT'S NOT ILLEGAL TO USE THESE FUNDS THESE FUNDS ARE COMING IN FROM THE TOURISTS FROM OUTSIDE OF OUR COMMUNITY.

THEY'RE COMING TO US SO THAT WE CAN UTILIZE IN THE BEST INTEREST OF OUR COMMUNITY WHAT IS THAT BEST INTEREST IN? THOSE FUNDS CURRENTLY ARE USED FOR A LOT OF DIFFERENT THINGS SO AS WE GO FORWARD IN IDENTIFYING WHO AND WHAT WE USE ,WHAT DOES IT MEAN TO THOSE ORGANIZATIONS THAT ARE ALREADY RECEIVING THOSE THOSE GRANTS FROM THE TOWN? HOW DOES IT AFFECT THE TOWN? HOW DOES IT AFFECT WILL WE BECOME ACCUSTOMED TO BUT ALSO AT THE SAME TIME HOW DOES IT APPLY TO EMPLOYEES AND SECTORS WHAT WE'VE BECOME ACCUSTOMED TO SO I'VE HAD A REAL STRUGGLE WITH HABITAT AND DC AND I'LL PROBABLY REPEAT THIS FOR A MINUTE. IT'S A CHALLENGE. IT'S A IT'S A REAL CHALLENGE.

I DON'T ANY PROBLEM USING ACT 57 FUNDS I DON'T HAVE A PROBLEM WITH THAT AS LONG AS IT DOESN'T AFFECT OTHER ORGANIZATIONS NEGATIVELY OR THE TOWN NEGATIVELY.

SO HOMEOWNERSHIP VERY, VERY IMPORTANT TO ME AND IF WE'RE UTILIZING FUNDS ANY REALM THEN HOMEOWNERSHIP IS THE WAY THAT IT NEEDS TO BE UTILIZED BECAUSE IT DOES GIVE SOMEBODY THE CHANCE TO BUILD THEIR WEALTH. 65% OF ALL WEALTH IN AMERICA COMES FROM HOMEOWNERSHIP.

I WENT TO THE HOUSE THAT WAS GIVEN WAS AWARDED IN RIBBON CUTTING AND THERE WAS A YOUNG STUDENT IN THERE WHO ACTUALLY WENT TO MY WELL MY WIFE WAS HIS TEACHER IT WAS REALLY IT MEANT SOMETHING TO THIS LITTLE THIRD GRADER. IT WAS SO POWERFUL THAT THEY WERE IN A HOME NOW IT WAS SO EXCITED. THAT'S THE AMERICAN DREAM AND THAT IF WE'RE GOING TO USE TAX WHETHER IT'S OURS FROM THE STATE OR TOURISTS THAT COME IN, I SEE THIS AS A GREAT WAY TO UTILIZE IT. I'LL BE VOTING YES FOR IT.

SO WITH THAT BEING SAID WE WILL TAKE THE VOTE ALL OF US IN FAVOR OF YES PLEASE SIGNIFY BY RAISING YOUR RIGHT HAND ALL THOSE OPPOSED RIGHT SADNESS. THIS IS IN MY OPINION AS I ARE NOT THE APPROPRIATE MECHANISM TO PROVIDE DOLLARS THAT CAN BE SPENT ON CONSULTANTS THE WEALTHIEST ETC. INSTEAD OF TO DO THE GOOD ORGANIZATION VOTE. SO WE'LL PASS THIS 6 TO 1 BUT I DO HAVE A QUICK FOR YOU BECAUSE I MEANT TO ASK YOU JUST BEFORE WE CAN STILL CLEAN UP THE

[01:45:02]

VERBIAGE IN THAT MEMO YOU HAVE TO MAKE CERTAIN THAT WE'RE ADDRESSING ONE TYPE OF HOUSING AND NOT A MULTITUDE OF DIFFERENT DEFINITIONS BUT IT'S THAT ONE THAT WE'RE YOU KNOW THAT'S A THAT'S A WE SHOULD CALL IT BEING EARLY TO MAKE CERTAIN THAT IT'S CLEAN.

YES. SO THE THAT IS INCLUDED IN HERE ALLOWS FOR FLEXIBILITY BECAUSE PROJECT HASN'T YET BEEN DEFINED. THAT'S GOING TO BE I THINK A LOT DONE ONCE THE SITES FUND THEM YOU'RE GOING TO YOU'RE GOING TO BE YOU'RE GOING TO DEFINE THE PROJECT YOU HAVE THE SITE BUT IT PROVIDES THE FLEXIBILITY UNDERSTANDING THAT EITHER SINGLE FAMILY OR MULTIFAMILY IS GOING TO BE THE RESULTING PRODUCT.

OKAY. ALL RIGHT. SO NEXT UP THAT ACTUALLY ANSWERED YOUR QUESTION TO CLEAN UP THE WORD YOU KNOW THIS INSTEAD OF HAVING WELL DIFFERENT DEFINITIONS OF WORKFORCE HOUSING HOUSING JUST ONE.

YES. OR TO THE EXTENT THAT WE'RE NOT MAKING ANY SUBSTANTIVE CHANGES, WE CAN CLEAN IT UP AND PROVIDE CLARIFICATION. AND ISN'T THERE A DEBATE AS TO WHAT THE INTENTION WAS AT THIS POINT? I WOULD TELL YOU THAT WHAT'S IN THE DOCUMENT PROVIDES FOR A FLOOR 30% AND A CEILING OF 80% THAT IS IN THE DOCUMENT THAT CAME OUT COMMITTEE AND THAT'S WHAT'S BEEN APPROVED BY THE COUNCIL TO DATE AND THAT ALSO

[10.e. Consideration of a Resolution Authorizing the Execution of a Memorandum of Understanding with the Coastal Community Development Corporation to Support Workforce Housing - Josh Gruber, Deputy Town Manager]

FALLS IN LINE WITH HABITAT NATIONAL STANDARDS. YEAH.

YEAH. OKAY. ALL RIGHT.

NEXT WE HAVE CONSIDERATION OF A RESOLUTION AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING THE COASTAL COMMUNITY DEVELOPMENT CORPORATION TO SUPPORT SUPPORT WORKFORCE HOUSING. THE CDC MADE AN INITIAL PRESENTATION AT THE TOWN'S FINANCE AND ADMINISTRATIVE COMMITTEE ON AUGUST 15TH, 2023 STAFF WORKED WITH REPRESENTATIVES OF THE CDC TO CREATE THIS DOCUMENT AND A COPY WAS PROVIDED TO ALL MEMBERS OF THE COMMITTEE IN OF DECEMBER 19TH, 2023 MEETING AT THAT MEETING THE COMMITTEE REQUESTED MULTIPLE REVISIONS TO THE DRAFT DOCUMENT THE TOWN'S FINANCE AND ADMINISTRATIVE COMMITTEE MET AGAIN ON JANUARY ONE, 2024 TO REVIEW THE TERMS OF THE REVISED MEMORANDUM OF UNDERSTANDING AND ANSWER QUESTIONS CONCERNING. THIS DOCUMENT ULTIMATELY THE COMMITTEE VOTED UNANIMOUSLY APPROVED APPROVES A REVISED MEMORANDUM OF UNDERSTANDING. MR. GRUBER.

YES MR. MAYOR, MEMBERS OF COUNCIL SHORTLY AFTER THE ADOPTION OF ACT 57 THE TOWN RECEIVED COMMUNICATION FROM THE COASTAL COMMUNITY DEVELOPMENT CORPORATION ASKING IF THE TOWN WOULD CONSIDER PROVIDING FUNDING FOR THEIR PURSUIT OF WORKFORCE HOUSING AVAILABILITY ON THE ISLAND IN AUGUST OF 2023 THEY MADE AN INITIAL PRESENTATION THE FINANCE ADMINISTRATIVE COMMITTEE FOLLOWING THAT MEETING STAFF WAS ASKED TO PUT TOGETHER A MEMORANDUM OF UNDERSTANDING THAT WOULD OUTLINE IF FUNDING TO BE PROVIDED THE TERMS AND CONDITIONS UPON WHICH THE FUNDING WOULD BE PRINTED.

HOW THAT FUNDING COULD OR COULD NOT BE UTILIZED AND THE REPORTING MECHANISMS BY WHICH THEY WOULD NEED TO KEEP TRACK AND PROVIDE DOCUMENTATION FOLLOWING THE RECEIPT OF FUNDING FOR RECORD KEEPING AND PROGRAMMATIC EVALUATION PURPOSES.

SO STAFF WAS TASKED WITH DRAFTING THAT DOCUMENT. WE PREPARED AN WE BROUGHT IT THROUGH COMMITTEE. WE HAD MULTIPLE ROUNDS OF DISCUSSION COMMITTEE WHERE WE MADE A NUMBER OF ADJUSTMENTS. THE DOCUMENT THAT YOU HAVE BEFORE YOU THIS EVENING REPRESENTS THE MOST RECENT AMENDMENTS TO THAT DOCUMENT YOU'LL SEE THAT THERE WAS SOME UNDERLYING LANGUAGE SO THERE WAS THREE REQUESTED ADDITIONS TO THAT DRAFT DOCUMENT, ALL THREE OF WHICH WERE INCLUDED IN HERE.

THERE'S CLARIFICATION THAT BECAUSE THESE ARE RENTAL IN THE CERTIFICATION OF LOCAL EMPLOYMENT AND INCOME REQUIREMENTS WOULD BE VERIFIED NO LESS THAN ANNUALLY IF FOR SOME REASON THEY OFFERED UP A SIX MONTH LEASE IT WOULD BE DONE ANY THAT THERE'S A RECERTIFICATION OR A RE ISSUANCE OF THE LEASE BUT UNDER ANY CIRCUMSTANCES IT WOULD BE DONE NO LESS THAN ANNUALLY SO THAT WAS ONE ADJUSTMENT. THE OTHER ONE WAS CLARIFICATION WITH REGARDS TO THE PREFERENCE MECHANISM THE COASTAL COMMUNITY CORPORATION IS USING THE ABILITY TO PROVIDE WORKFORCE HOUSING AS AN INCENTIVE TO SOLICIT CHARITABLE CONTRIBUTIONS FOR THEIR PURPOSE AND SO BASED THE DIRECTION FROM THE COMMITTEE LANGUAGE IS INCLUDED THAT ALLOWS THEM TO PROVIDE THIS PREFERENCE SO LONG AS THE RATIO OF PREFERRED UNITS DOES NOT EXCEED THE SAME AMOUNT OF UNITS THAT ARE BEING PROVIDED TO PUBLIC.

SO FOR EVERY ONE UNIT THAT THEY WOULD OFFER AS A PREFERENCE THERE NEEDS TO BE AT LEAST ONE UNIT CREATED THAT IS AVAILABLE TO THE PUBLIC UNDER THESE SAME CONDITIONS AND TERMS. AND SO THAT WAS INCLUDED. AND THEN OUTSIDE OF WHAT THE COMMITTEE BUT IN CONFORMANCE WITH WHAT THEY HAD DISCUSSED WE INCLUDED CLARIFICATION THAT THE AREA MEDIAN INCOME ARE DEFINED ACCORDING TO THE UNITED STATES HOUSING AND URBAN DEVELOPMENT IN TERMS OF WHERE THAT NUMBER IS IS LOCATED, SHOULD SOMEBODY WANT TO KNOW WHAT THE 30% TO 120% VENUE CONSTITUTES? AND THEN LASTLY WE MADE THIS CLEAR THAT THE FUNDING IS GOING TO BE AVAILABLE ON A DRAW DOWN BASIS. WHAT THAT MEANS IS INFORMATION TO US COMPLIANCE WITH ALL THE

[01:50:01]

TERMS IN THE DOCUMENT ARE GOING BE SOLICITED FIRST AND IT'S ONLY AFTER WE'VE RECEIVED THOSE REVIEWED THEM AND APPROVED THEM THAT FUNDING WOULD THEN BE RELEASED TO THAT REQUEST.

SO THOSE WERE ALL THE AMENDMENTS THAT WERE MADE COMING OUT OF THE COMMITTEE.

I KNOW REPRESENTATIVES OF THE COASTAL COMMUNITY CORPORATION ARE HERE THIS EVENING AND MY GUESS IS THEY WOULD LIKE TO PROVIDE YOU WITH SOME INFORMATION AS YOU WANT TO AGAIN TALK ABOUT THE 57 USES OF FUNDS JUST TO TIE IT TO THIS INSTEAD OF HAVING TO USE A HABITATS REQUEST CURRENTLY THIS IS ANTICIPATED TO COME FROM STATE ACCOMMODATION TAX FUNDING WHERE WE CURRENTLY AN AVAILABLE BALANCE IN EXCESS OF ABOUT $1.2 MILLION FOR HOUSING PURPOSES AND SO WE PUT A PLACEHOLDER IN THERE BASED UPON THE COMMITTEE'S RECOMMENDATIONS FUNDING FOR 500,000 FOR HABITAT AND 600,000 FOR CCS. AND SO SIMILARLY IT IS RESTRICTED FUNDS THAT ARE COMING ABOUT THAT ARE ONLY AVAILABLE A RESULT OF THE LANGUAGE CHANGE IN ACT 57 AND ARE COMING FROM A RESTRICTIVE ACCOUNT AND.

SO WE'LL GET INTO PUBLIC COMMENT AND THEN WE'LL HAVE REPRESENTATIVE FROM CHRISTIE'S COME UP. MR. HOAGLAND I JUST CAN'T BELIEVE WHAT I'M WHAT I'M WATCHING THIS IS NOT HEARTFELT IS ONE THING BUT THE WAY WE USE OUR TAX MONEY IF YOU FIND ONE NONPROFIT THEN YOU'RE GOING TO OPEN UP THE AND IT'S GOING TO BE ONE AFTER THE OTHER.

WHAT'S NEXT YOU YMCA HEART ASSOCIATION CANCER ASSOCIATION BOYS AND CLUB IT JUST GOES ON AND ON. THIS IS FOR PRIVATE MEMBERS AND PRIVATE DONORS.

WE DON'T NEED MORE GOVERNMENT. WE NEED LESS GOVERNMENT. GOVERNMENT SHOULD NOT BE IN ANY BUSINESS WHATSOEVER CARRIED OUT BY FREE ENTERPRISE. YOU KNOW YOU'RE GOING TO HAVE TO BE SHREWD AGAIN. THERE'S NO WAY. WE'RE GOING TO HAVE TO DO ANYTHING IN HERE UNLESS WE JUST FILE A LAWSUIT AGAINST YOU JUST LIKE WE DID WITH A 600,000 TO C US THAT'S IN IN LITIGATION AND IT'S NOT BEEN DECIDED BY A JUDGE YET AND I ASSUME THAT'S GOING UNDER APPEAL. WE'LL PROBABLY END UP WANTING TO GET IN THIS BUT I THINK WE NEED TO FILE A LAWSUIT, GET THE ATTORNEY INVOLVED BECAUSE HE'S NOT HONEST HIMSELF.

WE NEED A NEW ATTORNEY GENERAL . BE HONEST WITH YOU.

HE'S NO BETTER THAN THE FBI AND THE IRS AND ALL THE REST OF THEM.

SO I THINK THAT WE'RE NOT GOING TO BE ABLE TO DO ANYTHING. WE'RE JUST GOING TO BE BLIND.

YOU'RE GOING TO KEEP ON WE'RE NOT GOING TO SIT HERE AND ACCEPT IT.

WE'RE GOING TO WALK OUT OF THE ROOM AND WE'RE GOING TO GO OH WELL THERE YOU GO AGAIN NO MORE OF MY MONEY. WHAT ARE WE GOING TO DO? I THINK IT JUST NEEDS TO END.

WE JUST NEED TO USE THE MONEY FOR THE CONSTITUTIONAL PURPOSE OF TAX MONEY BUT FUNDING ALL THESE NONPROFITS THIS IS INSANITY. WHAT WE'RE WATCHING IS JUST ABSOLUTELY INSANITY. OTHER COMMENTS. YES, SIR.

OTHER MEMBERS. MY NAME IS BOB RENDELL. I'M A 40 RESIDENT OF WOOD LAKE VILLAS HERE ON THE ISLAND. VERY QUICKLY I WAS ALSO THE BASKETBALL COACH THE TEAM RECOGNIZED EARLIER. THANK YOU VERY MUCH. PUBLIC CHARITIES MUST ABIDE STRICT FEDERAL RULES ACT 67 AND OVERRULE THOSE FEDERAL ONE KEY REQUIREMENT OF ANY 523 ORGANIZATION IS THAT NO BENEFIT MONETARY OR NON-MONETARY CAN GO TO ANY.

THAT'S A HARD CASH RULE. I'M A TAX ATTORNEY. I KNOW UNDER THE HEADING THE PROCESS ELIGIBILITY FOUND ON THE CCP WEBSITE IT STATES SECOND PRIORITY IS GIVEN TO ELIGIBLE HOUSEHOLDS WORK FOR CDC FINANCIAL PARTNERS. THAT IS A NON-MONETARY BENEFIT IF YOU NEED BLOOD FROM THE AMERICAN RED CROSS THE FIRST PRIORITY YOU HAVE TO ESTABLISH IS THAT YOU NEED THE BLOOD. THE SECOND PRIORITY IS NOT DID YOU DONATE TO THE AMERICAN RED CROSS? THEY DON'T ASK THAT. CDC CAN ASK CAN THEY ASK THAT EITHER IT'S A VIOLATION OF FEDERAL LAW. NO, THEY HAVE SAID THAT A LOT OF THEIR BENEFITS WILL BE COMING FROM THE FACT THAT THERE ARE 501 SEE THREE ORGANIZATION RATES ON PROPERTY TAXES AND OTHER THINGS. THEY LOSE THOSE THE NEXT FIVE OMC THREE STATUS IS CANCELED BECAUSE THEY ARE VIOLATING THE RULES.

OH EVEN THOUGH I HAVE NO PROBLEM WITH PUBLIC FUNDS GOING TO A PUBLIC CHARITY BECAUSE I THINK THAT'S PROHIBITED PUBLIC FUNDS GOING TO 85 ONES WHOSE VERY DOCUMENTS STATE THEY WILL

[01:55:01]

BE VIOLATING FEDERAL LAW NEEDS TO BE REWORKED REWORKED CONSIDERED TABLE REWRITTEN.

BUT RIGHT NOW IT'S FATALLY FLAWED. THE MINUTE YOU PUT FUNDS INTO THAT ORGANIZATION UNDER THEIR CURRENT PLAN, THEY STAY RIGHT THERE.

WE'RE GOING TO VIOLATE FEDERAL LAW. WE'RE GOING TO LET NON-MONETARY BENEFITS GO TO A PRIVATE ORGANIZATION. MY FINAL COMMENT HAS TO DO WITH WHAT DOES AFFORDABLE HOUSING PEOPLE HAVE BEEN TALKING ABOUT THAT IN THE EXAMPLE THAT THE CDC HAS THEY POINT OUT A SINGLE WOMAN, TWO KIDS WITH $80,000, A SINGLE WITH 100,000.

THAT'S BETWEEN EIGHT AND $50 AN HOUR. I ALL THE LANDSCAPE EMPLOYEE OR ANYONE ELSE THAT EARNS THAT MUCH. SOMEBODY'S MAKING MINIMUM WAGE CAN ONLY AFFORD $20 TO $10 AN HOUR. THANK YOU.

THANK YOU, MR. RONDEAU. GOOD AFTERNOON. I PURCHASED MY FIRST RENTAL PROPERTY IN THE EARLY IT IS BACK UP AND JUST WAIT FOR ME REAL QUICK I'M SORRY DON BRASH HERE'S A LITTLE PLANTATION PURCHASED MY FIRST REAL PROPERTY IN THE YORK CITY.

SINCE THEN IT'S BEEN AN AVOCATION FOR ME A LONG TIME BUILDING OTHER BUSINESSES I MANAGED OF PROPERTIES BOTH MINE AND FOR REAL ESTATE INVESTORS. I AM HERE TO APPLAUD THE EFFORTS OF THE CDC ON TAKING ON THIS TASK OF AFFORDABLE HOUSING THE SIDE BOARD SINCE WE WERE MENTIONED IN AN EMAIL AS THE LOCATION YOU WANTED TO SECURE THE PROPERTY YOU MET WITH THEM AND THEY WERE VERY HELPFUL TRANSPARENT TO DETAILS. HOWEVER THERE ARE ASPECTS OF THE PLAN THE IMPROVEMENTS AND THAT IS WHY I'M HERE THE MORE SIDE BOARD IS CONCERNED OVER THE NUMBER OF UNITS THAT THEY PURCHASED THAT SEE SYDNEY SEE MY PURCHASE IN THE COMPLEX OVER 10% RENTALS PRESENTS A MORE PRESENTS ISSUES INCLUDING THE POSSIBLE DISALLOWING OF SOME FHA LOANS THAT CAN AFFECT FINANCING AND PROPERTY VALUES.

WHAT WE WANT IN OUR CONFLICT IS OWNERS NOT RENTERS AS AN INVESTOR I'D LIKE A LEVEL PLAYING FIELD AND AS LONG AS AC DC IS GETTING TAX ABATEMENT WHICH THEY MENTIONED OUR MEETING IT'S NOT A LEVEL PLAYING FIELD FOR INVESTORS IN THE WAY CCD WILL OPERATE OR TO AND THAT'S THE COMMUNITY AND DC IN VISION TWO THINGS THERE ARE THREE STAKEHOLDERS THERE'S THE COMMUNITY CCD AND THERE'S THE EMPLOYEES WHAT ARE WE DOING FOR THE EMPLOYEES BY PROVIDING HOUSING? WHAT WE DOING FOR NOTHING? ABSOLUTELY NOTHING.

HOW ARE THEY BUILDING EQUITY IN A RENTAL PROPERTY? ARE THEY DOING THAT WE NEED TO MAKE THEM OWNERS WE NEED TO HAVE TO HAVE A PIECE OF THE AMERICAN DREAM AS HAS BEEN MENTIONED BEFORE WE NEED TO MAKE THEM OWNERS AND HERE'S WHY OWNERS TAKE CARE OF THEIR YOU SAVE MANAGERS SALARIES AND COMMISSIONS BECAUSE YOU DON'T NEED MANAGERS WHEN YOU HAVE AN OWNER EMPLOYEES WITH BECOME MEMBERS OF THE COMMUNITY SOMETHING THAT EVERYBODY HERE SEEKS TO BUILD EQUITY OVER TIME AND POSSIBLY BE ABLE TO SELL THEIR UNIT TO KIND OF TOURISM ON THE EQUITY AND THEY WILL VACANT PROPERTIES FOR ANOTHER AND LEAVE ANOTHER PROPERTY FOR ANOTHER EMPLOYEE TO TAKE ON AND TO BUY A HOME MUCH MORE RELUCTANT MOVE WHERE A TENANT WILL PACK UP AND LEAVE IN AN INSTANT AND I WILL TELL YOU THIS THAT IS MY BIGGEST POINT THAT THEY WILL MOVE IN EVENTS WHERE THE OWNER WHO'S PART OF THE COMMUNITY AND FEELS PART OF THE COMMUNITY DO IT. ALL RIGHT. MR. FISHER, IS WE GOING TO CUT YOU OFF THERE? TIME'S UP QUICK 3 MINUTES. I KNOW.

YES, MA'AM. TENOR FROM MEADOW HALL THE CDC IT'S A NEW ORGANIZATION FORMED IT'S A NONPROFIT LESS THAN A YEAR AGO. IT'S BEEN DESCRIBED IN PAST PRESENTATIONS AS A PROOF OF CONCEPT. I HAVE A CONCERN IN GIVING TAXPAYER DOLLARS TO AN UNPROVEN BUSINESS MODEL. THE CDC LOOKING FOR FUNDING

[02:00:07]

THROUGH THE AFFILIATED AGENCY PROGRAM. IMAGINE THAT WHEN THE AFFILIATED AGENCY PROGRAM WAS DESIGNED THERE WAS A LOT OF THOUGHT PUT INTO THE APPLICATION PROCESS TO ENSURE TAXPAYER DOLLARS WERE APPLIED TO ORGANIZATIONS THAT HAD A TRACK RECORD. THE APPLICATION HAS A FINANCIAL STATEMENT REQUIREMENT ASKING FOR THE ORGANIZATION'S BUDGET AND THE CURRENT AS PREVIOUS YEARS PROFIT AND LOSS REPORT AND BALANCE SHEETS BECAUSE THE CDC IS NO THEY DO NOT HAVE TWO YEARS OF FINANCIAL RESULTS IN ADDITION, IF AFFILIATED AN AGENCY STATUS IS GIVEN TO THE CDC, OTHER UNPROVEN BUSINESS MODELS MAY BE COMING TO THE TOWN LOOKING FOR FUNDING. I HAVE OTHER CONCERNS AS WELL INCLUDING IMPACT TO THE COMMUNITIES IN WHICH THESE HOMES ARE PURCHASED AND THE FURTHER LACK OF AVAILABILITY OF AFFORDABLE HOMES BECAUSE THEY'RE BEING PURCHASED BY THE CDC. EVEN THOUGH I'M NOT SUPPORTIVE OF FUNDING I WILL PROVIDE FEEDBACK ON THE MY WAY IN CASE YOU MOVE FORWARD THE FUNDING LIKE ONCE AGAIN NUMBER TWO FEELS LIKE IT IS AN EXPANSION OF WHAT WAS ORIGINALLY IN PRIOR PRESENTATIONS THE $600,000 WAS DESCRIBED AS A DOWN PAYMENT MONEY FOR THE PURCHASE OF AFFORDABLE WORKFORCE HOUSING THE LANGUAGE IN SECTION TWO NUMBER TWO IN THE YOU SAID SUPPORT THE ACQUISITION OF PROPERTIES THE CREATION OF AFFORDABLE WORK HOUSE WORKFORCE HOUSING DOES THAT MEAN DEVELOPMENT AND THE OVERSIGHT AND MANAGEMENT OF THE SAME WHICH SOUNDS LIKE OPERATIONAL EXPENSES WHY IS THE USE OF FUNDING EXPANDED AND THIS IS NOT CONSISTENT WITH THE ROLES AND RESPONSIBILITIES LANGUAGE AND NUMBER THREE SECTION TWO WHICH IS FUNDING FOR THE PURCHASE OF DEVELOPING AGAIN EXPANDED USAGE AFTER ACQUIRING AND OR MULTIPLE MULTIFAMILY WORK OR HOUSING UNITS. I WOULD ALSO SUGGEST AS YOU MOVE FORWARD THAT THE TERM WHICH IS CURRENTLY AT FIVE YEARS IS SHORTENED TO ONE YEAR DUE TO THE NEWNESS OF THE BUSINESS MODEL. THANK YOU.

THANK YOU. ALSO WENT BACK THANK YOU MATT SWEENEY INDIGO RUN GOOD AFTERNOON COUNCILMEMBERS MR. MAYOR AND MR. TOWN MANAGER WITH NORTH STREET AND DOLDRUMS THERE SEEMS TO BE A DESPERATION TO APPROVE SPENDING OF DOLLARS ON SUBSIDIZED HOUSING.

SO YOU ARE MOST CASH WHATEVER IS RENTED TODAY BUT I ASK YOU TO ABOUT THE QUESTIONS YOU'LL GET FROM CONSTITUENTS OVER THE NEXT EIGHT MONTHS AND QUESTIONS YOU OR YOUR SUCCESSOR SHOULD ASK AFTER A YEAR WHEN MILLIONS OF HAVE BEEN APPROVED FOR GOVERNMENT SUBSIDIZED HOUSING YOU. SEE THIS VIEW WITH MANY OBLIGATIONS BY THAT NONPROFIT AND MOST OF THEM ARE PROCESS ORIENTED. I'M SURE THOSE ARE DETAILED PLANS FOR BUDGET FOR MAINTENANCE PLAN AND OTHER REPORTS.

THE COURT FOR IN GENERAL YOU BUT THE THING YOU SHOULD BE MOST INTERESTED IN ARE AND I QUOTE THIS FROM THE MEMO THE PERFORMANCE METRICS THAT MAY BE NECESSARY EVALUATE THE OVERALL EFFECTIVENESS OF TAXPAYER DOLLARS TO ADDRESS WORKFORCE HOUSING ISSUES HAVE YET I BELIEVE SUCH PERFORMANCE METRICS ARE NECESSARY AND YOU SHOULD ESTABLISH NOW BEFORE YOU APPROVE ANYTHING WILL YOU EVALUATE WHO'S BEEN HELPED? I'M NOT TALKING ABOUT THE MANY 50 PEOPLE WHO WILL BE HOUSED IN RENT CONTROLLED UNITS. I'M TALKING ABOUT TAXPAYERS.

WHAT ARE THE MEASURABLE BENEFITS TO RESIDENTS AND VISITORS TO HILTON HEAD ISLAND ? HOW MANY UNITS WILL BE SAVED? I'M SHORT TERM RENTAL MARKET THAT'S ONE OF THE KEY SELLING POINTS HERE. BUT HAVE YOU ASKED ABOUT THOSE METRICS? ABOUT THE METRICS TO EVALUATE WHO HAS BEEN HARMED? HOW MANY ENTRY LEVEL UNITS WILL BE SNAPPED UP BY ABC TAKING AWAY FIRST TIME BUYERS? WHAT HAVE OTHERWISE BEEN OWNER OCCUPIERS OF THE PROPERTIES. HOW WILL RENT CONTROL AND DEED RESTRICTIONS HAVE HARMED THE PROPERTY VALUES OF ADJACENT OWNER OCCUPIED UNITS? IF THE DOES NOT PICK UP ANY TAXES WHICH THEIR MODEL ASSUMES HOW WILL THESE PROPERTY TAXES BE UP? I BELIEVE THE TAXPAYERS WOULD BE ON THE HOOK FOR THAT TOO.

I RECOGNIZE THAT YOU'RE READY TO SPEND TAXPAYERS DOLLARS IN THE HOPES OF BENEFITING SOCIETY IF THEN YOU HAVE THE OBLIGATION TO ESTABLISH AND REAL MATTERS NOT JUST TESTS OF PROCESS SEE

[02:05:07]

IF YOU'RE PROVIDING A BENEFIT OR JUST PURCHASING ONE. THANK YOU.

THANK YOU, EVERYBODY. 82 CONDO DRIVE. I WANT TO THANK YOU ALL FOR TAKING THIS UNDER CONSIDERATION. THIS IS ONE OF THE ITEMS THAT MAKES ME PROBABLY MOST EXCITED THAT PERHAPS BECAUSE I SEE MYSELF IN THIS TIME OF YEAR I MOVED HERE TWO DAYS AFTER GRADUATING COLLEGE BUT NEITHER MY PARENTS WERE COLLEGE GRADUATES. I DON'T EVEN KNOW WHAT TIME IT WAS.

I HAVE NO MULTIFAMILY. MY FATHER DIED WHEN I WAS THREE YEARS OLD.

I HAVE DONE THE THINGS AND WORKED REALLY HARD. I MOVED HERE.

I SAID 2009. I HAD PLANS ON STAYING HERE. NOW WE'RE GOING ON 15 YEAR ANNIVERSARY OF LIVING HERE. AND ANECDOTALLY I CAN TELL YOU NOT THREE OF THE CONDOS THAT I LIVED IN WHICH COMPRISE TEN YEARS EVERY SINGLE ONE OF THEM WAS PURCHASED NOT BY A FIRST TIME HOMEOWNER OR NOT BY ANOTHER RENTER OR EXCUSE ME AND NOT BY ANOTHER WORKER HERE ON THE ISLAND. THEY WERE ALL PURCHASED AND I MY HOME BECAUSE A RETIREE OR SOMEBODY FROM OUTSIDE CAME AND PURCHASED IT IN CASH EVERY SINGLE ONE OF THEM.

THERE IS AND I DON'T TO TELL THIS PERSON BECAUSE HE WRITES ON THIS ALL DAY LONG BUT I CAN I BUY THAT MY MONEY IN MY BANK ACCOUNT RIGHT NOW THAT THESE HOMES THAT WE'RE WORRIED ABOUT BEING SOLD OUT FROM UNDERNEATH TIME HOMEBUYERS DON'T HAVE A CHANCE TO FIND THOSE HOMES ANYWAY AND THEY DON'T HAVE ENOUGH MONEY TO SAVE UP FOR A MORTGAGE DOWN PAYMENT BECAUSE THEY'RE PAYING $2,000 A MONTH. THIS IS A THIS IS A SOLUTION THAT SOLVES THAT IN POLITICS.

WE'RE LUCKY IF WE GET 20 TO 30% OF WHAT WE WANT ON SOMETHING. AND I THINK WE ALL NEED TO REMEMBER THAT THIS HOUSING SOLUTION IS A GOOD SCHOOL. IT'S PART OF THE SOLUTION.

IT'S LIKE PEOPLE HAVE SAID BEFORE AN ISSUE REQUIRES MANY SOLUTIONS.

HOMEOWNERSHIP IS WONDERFUL. I FEEL SO BLESSED I AFTER 13 YEARS OF LIVING HERE WAS ABLE TO BUY A HOME. IF ANYBODY WANTS TO TALK ABOUT HOW THAT WORKS FOR ME, I'M HAPPY TO SIT DOWN AND HAVE THAT CONVERSATION BUT IT IS NOT WITHOUT WORKING WITHIN MY COMMUNITY AND I HAD TO WORK VERY HARD FOR THAT OPPORTUNITY. I JUST WANT TO SAY THANK YOU.

I THINK THIS IS ANOTHER TOOL OUR RESOLVE. SO THANK YOU.

I VOTE YES. THANK YOU. YES SIR.

DAWSON RIGHT NEXT TO EACH OTHER. GOOD AFTERNOON.

MY NAME IS ELI ROTH AND I LIVE AT 31 OUNCES ROAD. I'M HERE TO SUPPORT A PRIVATE INITIATIVE TO PROVIDE QUOTE WORKFORCE HOUSING AND HELP. WHEN YOU WERE HERE THERE'S A WORKFORCE WORKFORCE SHORTAGE. I THINK ABOUT YOUR FAVORITE RECIPE THING AND I'M HERE TO REMIND YOU THAT COULD BE A LIFE AND DEATH SITUATION THAT NEEDS A TIMELY.

AS A PHYSICIAN I THINK ABOUT OF ESSENTIAL PERSONNEL HOSPITALS.

IT'S WE HAVE AN EMERGENCY ON THE ISLAND. YOU WILL BE TAKEN TO HOSPITAL.

I'VE BEEN TOLD THE HOSPITAL HAS BEEN SHORT MUCH AS 50 NURSES, FIVE ZERO NURSES IN THE RECENT PAST. NURSES WHAT MAKE MY HUSBAND RUN SAFELY? EFFICIENTLY? I SUSPECT IT WILL ALSO BE SHORTAGES OF OTHER ESSENTIAL PERSONNEL SUCH AS RESPIRATORY THERAPISTS, EXPERT TECHNICIANS ETC. THAT SHORTAGE AND POTENTIALLY PROSECUTION INCREASED MEDICAL COMPLICATIONS AND DECREASED SURVIVAL.

I ASK YOU TO CONSIDER THESE THE SIGNIFICANT ASPECT OF A HOUSING SHORTAGE AFFORDABLE WORKFORCE HOUSING ISSUES. THANK YOU. .

THANK YOU. ANY COUNCIL MEMBER WHO WANTS YOUR TIME COMMITMENTS WOULD LIKE OWNERS ASSOCIATION AND IN LIGHT OF VARIOUS COMMENTS FOR AVAILABLE EQUITY EXECUTIVES SEVERAL YEARS AGO LIKE TO EMBARK ON A TWO YEAR VENTURE ON MEETINGS WITH THE OWNERS AND PROCESS OF AMENDING THE ENVIRONMENT TO INCORPORATE ALL THE ASPECTS NEEDED TO OBTAIN

[02:10:10]

FHA NOTES WHICH TOOK THREE YEARS. GIVEN WHY ONE OF THE FEW PROJECTS THAT CAN DO THAT WHAT THAT MEANS IS A POTENTIAL PURCHASER AND OR PROPERTY CAN OBTAIN TERM 2 TO 3% DOWN AS OPPOSED TO THE 20% WE HAVE HOME OWNERSHIP AFFORDABLE.

WHAT HAPPENED? SALES INCREASED AND INCREASED VALUE.

THIS IS GOING TO JUST OVER THE COURSE AND WE'VE ALREADY SEEN IT THE CALLS ARE GETTING REAL ESTATE AGENTS AND POTENTIAL BUYERS WANTING TO KNOW TO HAVE SOMETHING THAT USED UNITS IN A PLACE WHERE THEY WANT BUILDINGS. SO WE DON'T FIND IT ENOUGH AFFORDABLE HOUSING IS THIS THIS IS NOT THE RIGHT MECHANISM FOR CERTAIN PROPERTIES PERMANENCE.

I'M EXACTLY SURE BUT WE WANT MORE. WE WANT THE EQUITY IN THE PROPERTY. THIS PROPOSAL TO US LIKE THE EQUITY THAT'S GOING TO BE GIVEN IS GOING TO BE GIVEN TO THE OWNERSHIP NOT TO RETURN WHICH TO ME DEFEATS THE PURPOSE.

THE SPEAKER HAS A GREAT SOMEONE OWNS PROPERTY FOR ABOUT 99 YEARS AND BUILT GOOD AFFORDABLE HOUSING PROJECTS FOREVER IN THOSE WORDS AFFORDABLE EVERYBODY.

YOU NEED TO HAVE A BETTER DEFINITION OF THAT. WE'LL AT IT AND HAVE CONVERSATIONS THAT ALSO TELLS PROPERTIES THAT ULTIMATELY DETRACTS FROM PROPERTY.

IF MR. RON ALSO HAVE A POINT ABOUT HAVING TO FORECLOSE IN 51133 ROOMS. IF YOU GIVE PREFERRED PARTNERS ONE UNIT AND THEN THE GENERAL PUBLIC YOU GET ONE UNIT AT THE NEXT IN THE LOWER HOUSE. SO DON'T WE JUST THINK THERE'S BETTER OPTIONS PROJECT AND THIS IS NOT A TOWN. THANK YOU. THANK YOU.

THANK YOU. IT'S A NEXT IT A REALLY GREAT THING TO GO ON.

I HOPE I HAVE TIME FOR MY PREPARED REMARKS BUT I JUST WANT SAY ONE OTHER THING I HOPE THE REPRESENTATIVES FROM DC CLARIFY THIS BUT ONE THING I CAN'T ATTEST IS IF THE ORGANIZATION IS ASKING FOR PUBLIC FUNDING HOW CAN THEY TURN AROUND AND GUARANTEE INVESTORS A 3% RETURN ON THEIR INVESTMENT? I'M NOT SURE WE'RE GOING TO EXECUTE ON THAT IF IT IS SOMETHING TO TAKE THE PRESS USING OUR TAX TO GUARANTEE SOMEBODY A PERCENT RETURN ON THEIR INVESTMENT RECOMMEND VERY MUCH THREE POINTS FOR GOOD PERTAINING TO THIS MATTER. ONE OF THE TOWN'S STIPULATIONS IN ORDER FOR THE INTERVIEW TO QUALIFY AS AN AFFILIATED AGENCY IS THAT THE ORGANIZATION A MINIMUM OF TWO YEARS OF FINANCIALS IN ORDER TO DEMONSTRATE THAT ORGANIZATION'S FINANCIAL VIABILITY.

CLEARLY IS RELEVANT IS UNABLE TO PROVIDE SUCH FINANCIAL THINKING AND TASTE.

I HEARD THAT IS INTENTION OF HILTON HEAD ISLAND TOWN GOVERNMENT TO DISREGARD REQUIREMENT AS IT PERTAINS TO THE CITY'S GOVERNANCE ACCORDING TO THE REGULATIONS FOR USE ESTABLISHED THROUGH PROPER PROCEDURES OR IS NOT. I ALONG WITH MANY OF YOUR CONSTITUENTS AS PLACED OUR TRUST IN YOUR ABILITY TO CONDUCT THE BUSINESS OF THE TOWN ACCORDING TO ESTABLISHED PROTOCOLS URGING TO CONTINUE TO DO SO RATHER THAN BENDING THE RULES THROUGH WHAT AN ORGANIZATION MEMBER TO AS I UNDERSTAND THIS SEARCH HAS PLACED ITSELF TWO IN THE PECKING ORDER OF THOSE INDIVIDUALS WHO ARE TO BE ALLOCATED HOUSING RESOURCES AS THEY ARE PURCHASED OR BECOME AVAILABLE.

IF THIS WAS AN EXCLUSIVE VENTURE IN SEARCH BECAUSE TRY TO DO ANYTHING THEY WANT WHEN IT COMES TO WHO GETS THE BENEFITS OF THEIR LARGESSE IN ORDER HOWEVER WHEN THEY ASK FOR OUR TAX REFUNDS ADVENTURE GAME CHANGERS WHY SHOULD THEIR EMPLOYEES AUTOMATICALLY GO TO

[02:15:02]

THE FRONT OF THE LINE FOR HOUSING THIS IS SUBSIDIZED BY THE TAXPAYERS.

WHY SHOULD WE ENJOY PRIVILEGE? ARE THOSE WHO SAY WORKING ALL THE SMALL BUSINESSES ALONG OUR ROAD OR MATHEWS DRIVE WHO DECIDES TO ON THE PECKING ORDER? AND FINALLY THE INTENTION OF THIS GROUP TO DICTATE THE PROPERTIES THEY ACQUIRE REMAIN IN A WORKFORCE HOUSING OR RENTAL STATUS FOR A PERIOD OF 99 YEARS IS ABSOLUTELY AN UNACCEPTABLE SITUATION AND MAY WELL BE ILLEGAL. NOT ONLY IS THIS JUST TO PROPERTY OWNERS BUT I SERIOUSLY DOUBT THAT IT WOULD HOLD UP IN ANY COURT AS THE TOWN COUNCIL GIVEN SOMEONE WHOSE TEAM IN ADDITION TO FUNDING OF THE OTHER EXPENSES ARE WE NOW GOING TO ALSO FUND THE LEGAL EXPENSES WHEN THIS 99 YEAR LEASE CHALLENGED? THANK YOU SMITH. AS ROTH I MEAN BULLARD I KNOW I COULDN'T TELL WHICH WAS A LITTLE THICKER BUT YOUR MOTHER AS A MATTER OF INSPIRATION JUST WANT TO PASS ON THAT HAD A FRIEND WHO IS A LONG TIME EMPLOYEE AT THE HILTON HEAD HOSPITAL WHEN IT WAS RUN BY TENET AND IT WAS NOT UNCOMMON BECAUSE THEY WERE IT WAS NOT UNCOMMON FOR THEM TO GIVE THEIR EMPLOYEES A TEN CENT AN HOUR RAISE. YES.

$0.10 AN HOUR. SO WHO WOULD WANT TO WORK THERE UNDER THOSE CONDITIONS? ALSO NURSING HAS CHANGED. WE HAVE A LOT OF TRAVELING NURSES NOW WHO DON'T WANT TO WORK 365 DAYS FOR ONE HOSPITAL AND WANT TO GO WHERE THE WEATHER IS AND, ENJOY THEIR LIFE. SO THERE'S MORE TO THE QUESTION IS THE HOSPITAL POORLY STAFFED BECAUSE OF THE COST OF HOUSING? ALSO WE NOW HAVE A NEW OWNER OF THIS HOSPITAL HAS AN EXCELLENT REPUTATION. SO I AM HOPING THAT CONDITIONS IMPROVE AND IT WILL ATTRACT MORE CAPABLE PEOPLE TO BE WORKING FOR THE HOSPITAL AND ON TOP OF THAT THE MANAGER OF THE TENANT HOSPITAL BECAUSE WE HAD SUCH A GREAT BOTTOM PROFIT GOT PROMOTED TO A BIG HOSPITAL IN ALABAMA BECAUSE HE WAS GIVING OUT THESE TENTS AND RAISES AND DID A LOT OF DEFERRED OR NO MAINTENANCE ON THE HOSPITAL. SO IT'S NOT SO EASY TO SAY THAT WE'RE GOING TO BE IN TROUBLE BECAUSE PEOPLE DON'T WANT TO WORK THERE. THERE'S A REASON WHY A LOT OF PEOPLE DON'T CHOOSE TO WORK THERE. THANK YOU.

THANK YOU. AND HOUSE NEW COUNSEL SHOUT OUT LATE WORD FOR TODAY YOU WON'T BE VOTING ON THE HOUSE. YOU WILL NOT BE VOTING ON HOUSING POLICIES BECAUSE THE TOWN HAS ALREADY ESTABLISHED MULTIPLE HOUSING FRAMEWORKS COMMITTED MILLIONS OF DOLLARS BE REFERRED TO AS FAIR HOUSING TRUST FUNDS FOR LOCAL AND APPROVED A CONSULTANT A HOUSING NEED ASSESSMENT THAT CALLS FOR 200 NEW UNITS PER YEAR FOR TEN YEARS.

TODAY YOU WILL BE VOTING ON AN AIM AIM OH MULTI-YEAR WITH CC DC WHOSE MODEL DOESN'T EVEN FIT WITHIN YOUR OWN FRAMEWORK. TODAY YOU WILL VOTING ON A DIRECT INVESTMENT USING TAX DOLLARS KNOWING THAT THERE ARE MANY RED FLAGS THAT MAY RENDER THE CURE THAN THE DISEASE ITSELF. TODAY YOU'LL BE VOTING A RISK THAT YOU HAVE ZERO CONTROL BUT BECAUSE OF PUBLIC INTEREST THE TOWN NEEDS MORE WORK FOR US HOUSING AND BECAUSE THE GOVERNMENT IS READY ABLE TO PAY FOR BELOW MARKET RATE RENTALS THAT ARE RENT CONTROLLED FOR 99 YEARS. SO I TO HILTON HOW RESIDENTS AND ALL THOSE PROMINENT CITIZENS TO HEAR THE FACTS BEFORE YOUR INVESTMENT DECISION IS MADE.

NUMBER ONE WORKER SHORTAGES IN 2023 THE TOWN ISSUED MORE THAN 870 NEW BUSINESS LICENSES EXCLUDING SHORT TERM RENTAL AND COMMERCIAL RENTAL ASSUMING EACH EMPLOYER EMPLOYS THREE WORKERS.

THAT'S MORE THAN 600 I MEAN SIX 2600 NEW HIRES. SO HOW NEW BUSINESS CONTINUE TO

[02:20:07]

HIRE WHEN THERE IS A SHORTAGE? NUMBER TWO THE ASSUMPTION THAT KDC WILL OFFER BELOW MARKET RATES IS ACTUALLY NOT TRUE. YOU SEE MARSH SIDE AS AN EXAMPLE.

SO YOU SEE THESE SEE CURRENTLY OUT THE RENT CONTROLLED ONE BEDROOM ONE BATHROOM UNITS FOR $600 PER MONTH. BASED ON THE INFORMATION FROM OUR SITE MANAGEMENT COMPANY THE CURRENT MARKET RATE FOR A SIMILAR UNIT BETWEEN 1200 TO 1800 DOLLARS.

IF YOU TAKE OUT THE UTILITY COSTS AND PROPERTY TAXES THE EQUIVALENT RATES WOULD BE BETWEEN $819 TO 1419 DOLLARS. THIS IS EVEN BEFORE CONSIDERING A $600,000 FREE MONEY FROM TAXPAYERS. NUMBER PUBLIC INTEREST THE CC AND CDC TARGET UNITS ARE ALL IN WORKING FAMILY NEIGHBORHOODS OUTSIDE WOODS OUTSIDE OF KEY PINES OUTSIDE OF LONG COVE AND OUTSIDE OF MOSS GRACE SUCH AS MORE SIGHT WHAT LAKE FOREST COVE WHICH ARE ALREADY PROVIDING LONG TERM HOUSING FOR WORKERS. THE TOWN WORKER HOUSING PROGRAM WILL ALLOW FOR STRANGERS HEARTBEAT TO SHARE TWO BEDROOM UNITS WHICH WILL TURN THE FAMILY FRIENDLY NEIGHBORHOOD INTO A BOARDING HOUSE OR CREATING PARKING PROBLEMS. SO I URGE YOU TO VOTE NO TO THE . THANK YOU.

THANK YOU. GOOD AFTERNOON. SANDY WEST LONG COVE .

MR. MAYOR. MR.. ORLANDO AND TOWN COUNCIL MEMBERS. I WAS FLOORED SEE CBDCS OVERVIEW SO I HOPE THAT WILL HELP SET THE RECORD STRAIGHT ON THE MISINFORMATION THAT'S FLOATING AROUND.

I ALSO WANT TO THANK THE NEW TOWN COUNCIL FOR SUPPORTING FINDING SOLUTIONS TO WORKFORCE HOUSING ISSUES. WE ALL KNOW THIS HAS BEEN BREWING FOR DECADES AND THIS IS THE FIRST COUNCIL THAT HAS TAKEN CONCRETE STEPS TO RESOLVE IT.

I'M IN FULL SUPPORT OF THE TOWN GRANTING THE FINANCIAL REQUEST ABOVE THE CDP INHABITANT WHICH IS ALREADY HAPPENED TO CONTINUE THEIR CRITICAL WORK. THESE ARE PROVEN REPUTABLE THAT ARE CONTRIBUTING AND WILL CONTINUE TO CONTRIBUTE TO SOLVING OUR HOUSING NEEDS AND MAKING THESE INVESTMENTS. TOWN IS DEMONSTRATING COMMITMENT TO OUR TOTAL COMMUNITY AND UNDERSCORING THAT PRIVATE PARTNERSHIPS PUBLIC PRIVATE PARTNERSHIPS ARE NEEDED. WE'VE HAD MULTIPLE EXAMPLES OF THOSE JUST THIS AFTERNOON.

SO I WOULD JUST URGE YOU TO CONTINUE TO KEEP HOUSING AS A NUMBER ONE PRIORITY.

I THANK YOU FOR YOUR SERVICE AND LOOK FORWARD TO KDKA'S PRESENTATION.

THANK YOU. OTHER COMMENTS I JUST MADE I. HELLO I'M CHERIE CONNOLLY AND I OWN PROPERTY AT CAUDILLO COURTS . IT'S AN INVESTMENT PROPERTY.

IT'S A PRIVATE PROPERTY AND I'M FOR YOU SOLVING THE WORKFORCE HOUSING PROBLEM.

BUT I WORK REALLY HARD TO BUY THOSE 2005 AND I FEEL LIKE I'M BEING UNDERCUT FOR THE YOUR COMMITMENT TO FILLING A NEED AND USING PRIVATE PROPERTY TO DO IT.

I THINK YOU SHOULD USE PUBLIC PROPERTY. I THINK LIKE HABITAT FOR HUMANITY A DIFFERENT A DIFFERENT MODEL ALTOGETHER VOTING ON THEM TOGETHER.

I THINK THAT FOR PEOPLE WHO ARE OF LOW INCOME WHO HAVE WORKED HARD TO PURCHASE PROPERTY ARE GOING TO LOSE BECAUSE YOU HAVE THIS 99 YEAR RESTRICTIONS ON THIS PROPERTY THAT GOING TO SUPPRESS MY VALUE OVER TIME. I DON'T SEE ANYWHERE IN THERE ON HOW MANY THEY CAN HAVE WHAT IS THE DENSITY. WILL PEOPLE BE ABLE TO GET LOANS FOR THE GOING RATE E250 OR IS THAT GOING TO DIMINISH TO I SEE SOMEWHERE IN A RESOLUTION THAT IT SAYS TO OWN WHO'S GOING TO OWN IT THEY'RE GOING TO BE ACTIVE PLANS TO OWN. SO WHO'S GOING TO OWN IT AND THEN WHO'S GOING TO SELL IT? WHO CAN THEY IT TO? WHAT ARE THE REQUIREMENTS FOR THE RESALE OF THE PROPERTY? THOSE ARE THINGS THAT I DON'T SEE IN THIS RESOLUTION.

I THINK THAT YOU NEED TO BE MORE PARTICULAR IN VOTING ON SOMETHING WE DON'T HAVE ALL THE INFORMATION BUT AS SOMEBODY WHO'S TRYING TO BUILD MY PRIVATE WEALTH AND SOMEBODY WHO WORKS IN EDENBRIDGE I ALSO HAVE A BUSINESS IN BLUFFTON WORK MY OFF TO GET WHAT I HAVE AND IT BREAKS MY HEART THAT THEY'RE GOING TO TAKE PRIVATE PROPERTY AND PRIVATE INVESTMENTS AND DIMINISH THE VALUE TO FILL A PUBLIC NEED THAT I THINK IS WORTHY ON PUBLIC PROPERTY.

THANK YOU. THANK YOU. OTHER COMMENTS I HI AGAIN ANGIE

[02:25:16]

HUTCHENS I'M SORRY I USED TO BE A NURSE. I IN THE FOUNDATIONAL PRINCIPLE FIRST YOU KNOW FARM I'M BEGGING YOU TO THINK THROUGH LARGELY ARGUMENTS THAT ARE CONTINUOUSLY BEING CREATED IN SUPPORT OF THESE. THERE ARE PLENTY OF NATURAL ARGUMENTS THAT I HOPE YOU'RE HEARING THAT WILL HELP YOU BELIEVE YOU ARE HELPING GET YOUR OPENING THE FLOODGATES TO ANY AMOUNT OF COLLATERAL DAMAGE.

IT WILL BE OVERWHELMING AND LONG TERM THAT WILL NOT ONLY HELP INCREASING PUBLIC OUTRAGE AND MISTRUST OF OUR TOWN OFFICIALS I IMAGINE LAWSUITS OVER THE VARIOUS ELEMENTS ALREADY MENTIONED IN THE FORM AT EVERY LEVEL THIS REQUEST AN INCREDIBLE CONCERNS AS WELL AS POTENTIAL USES WITHIN THE SYSTEM THAT YOU ARE LISTED IN CREATING.

YET WE HAVE WATCHED HELPLESSLY ALL EVERYTHING CDC HAS BEEN TESTING IT DESPITE RATIONAL CONCERNS AND TO ITS MANY MANY MANY MANY QUESTIONS ABOUT THE DETAILS THAT WE HAVE A CONTEST IN HISTORY TO ALSO CONSIDER THE EXTREME CDC HAS BEEN IS ASTONISHING.

IT'S A COMPLETE STONEWALLING OF ANOTHER OPPORTUNITY TO HOUSE WHAT WE'RE SORRY TO HAVE THE WORKERS ON THIS PROJECT I CAN COME TO NO OTHER CONVICTIONS BUT THE MAJORITY SCIENTISTS BUILDING BIGGER GOVERNMENT MORE BUREAUCRACY AS IS EVIDENCED BY THE BUDGET AND THE TOWN STAFF EVERYTHING GROWING ALONG AND MAKING UNSUSTAINABLE RATES. ALSO BELIEVE THAT THIS MAJORITY IN TOWN COUNCIL IS INCREASINGLY IN THE BUSINESS OF PICKING WINNERS AND LOSERS IN THE NAME OF DOING SOMETHING TO HELP. PLEASE DO NOT BURDEN YOURSELVES AS WELL AS OUR POPULATION NEED NEW UNTRIED AND TANGLED FORUMS OF MORE BUREAUCRACY. THANK YOU.

THANK YOU. ANNUALLY I I LIVE ON JANESVILLE.

YOU HEARD A LOT OF PEOPLE TALK ABOUT A LOT OF THINGS TODAY. I HAVE MORE QUESTIONS THAN ANSWERS. I DID REACH OUT TO ALAN WOLF WHO'S A SPOKESPERSON FOR THE SEVERAL TIMES NEVER GOT AN ANSWER BACK. I'M LOOKING FORWARD TO WHAT HE'S GOT TO. A COUPLE OF THINGS BECAUSE I DON'T THINK A SHORT PERIOD OF TIME BUT WHAT HAPPENS TO THESE COMMUNITIES WHERE ALL THIS IS GOING TO GO OFF AS YOU KNOW I MEAN NOBODY STOP THESE PEOPLE. I MEAN THERE'S A COUPLE OF PEOPLE THAT HAVE BEEN TALKED TO RECENTLY BUT SINCE THIS WAS A IF THIS IS SUCH A GREAT IDEA ,WHY ISN'T THESE PEOPLE FROM CC DC AND THE BOARD MEMBERS DON'T THEY REALLY SCHMOOZE THESE NEIGHBORHOODS AND TELL THEM HOW GREAT THIS PROPOSAL IS ? YOU KNOW AND I CAN'T HELP BECAUSE I LIVE IN ONE. WHY IN THE HECK IS THIS HAPPENING AND AND ONE ONE WHY YOU KNOW WHY IS THE MAJORITY OF THESE TARGETED AREAS IMPORTANT? BECAUSE WE'RE THE RIFF RAFF OF THAT IS BECAUSE WE'RE THE WORKFORCE WE DON'T NEED BECAUSE WE'RE NOT THE GOVERNMENT PEOPLE.

WE'RE NOT HOW TO KEEP WORKING COMING AND GOING SO WE DON'T MATTER COME INTO OUR NEIGHBORHOODS. GO TO AND BACK AND THERE'S NO REMORSE.

THERE'S NOTHING TO IT BECAUSE THE ELITIST CONEY ISLAND NEEDS THIS.

SO THAT'S WHAT WE'RE. ARE YOU CRAZY? I MEAN, THIS IS THIS SO PROFOUNDLY. I CAN'T EVEN GET MY HEAD AROUND IT.

AND WORKFORCE HEALTH WORKFORCE HOUSING AT THREE SEVEN GREW UP IN THE SUN DEVILS.

ALL THREE OF THOSE IN THEIR OWN HOMES TODAY BECAUSE THEY WORK HARD.

NOBODY GAVE THEM A THING. NOBODY I MEAN THIS IS JUST RIDICULOUS, JOE.

I MEAN THERE'S TOO MANY QUESTIONS THIS IF IT'S A GREAT COUNTRY THESE QUESTIONS TAKE THIS WE JUST KNOW WHENEVER SOMEBODY COMES TO THOSE WORDS YOU LOOK THE POTENTIAL PROBLEMS SOLVE THEM AND THEN MOVE FORWARD. HOW ABOUT TRYING OUT THAT TERRIBLE NEIGHBORHOODS APART? TERRIBLE IS HOW THEY'RE SELLING IT TO THIS GUYS FOR THEY WANT TO TAKE IT OVER THE COUNTER. WHAT YOU HAVE HERE DESTROYED PANDORA'S BOX.

YOU MARK MY WORDS YOU EVERY TOM, AND HARRY HAVE THEIR HAND DOWN.

WHERE'S MY THANK YOU. OTHER COMMENTS? YES, SIR.

[02:30:20]

THANK YOU, MAYOR. I'LL BE BRIEF BECAUSE OF THE CLOCK BUT ALSO BECAUSE SO MUCH HAS BEEN SAID THAT I. I THINK I JUST WANT TO FOCUS ON OVERARCHING POINT WHICH IS IN ITS CURRENT FORM IS THIS WELL-INTENDED BUT ILL THOUGHT OUT.

THERE ARE JUST TOO MANY QUESTIONS THE LAW OF UNINTENDED CONSEQUENCES IS LOOMING LARGE MY MIND THAT THE IDEA THAT YOU START THIS ANIMAL GOING AND THEN AS TIME GOES ON AND DIMINISHING RETURNS ON WHAT YOU PLAN START DOING AND THE LEGAL PROBLEMS POINTED OUT GO IN AND THE IMPACT ADVERSE IMPACT ON COMMUNITIES START GROWING THEN NEXT YEAR WHAT'S GOING TO HAPPEN? YOU KNOW AS SURE THE SUN RISES IN THE EAST THAT THE ANSWER TO IS GOING TO BE YOU KNOW WHAT IF WE ONLY HAD MORE MONEY IF WE ONLY MADE THE ANIMAL BIGGER AND CAN'T EATING IT IT WILL SOMEHOW GET BETTER. WELL, STILL HAVING ANY ANSWERS TO ALL THESE QUESTIONS? THANK. RESTATE YOUR NAME FOR JUST THE RECORD. STATE YOUR NAME. I APOLOGIZE.

JOHN CASEY INDIGO. RIGHT. THANK YOU.

OTHER PUBLIC COMMENTS? YES, SIR. AFTERNOON SIR.

I'M LIKE WHAT WE'RE DOING TONIGHT ARRESTING ALL OF YOU. WE'VE BEEN STUDYING AND DISCUSSING THE VARIOUS PROPOSALS FOR HOUSING IN THE ISLANDS.

NOT ONE PROPOSAL IS GOING TO SOLVE HOUSING COUNTS WHICH IS WHY WE SUPPORTED ONE POINT.

RIGHT. WE WANT TO SUPPORT THE EFFORTS OF THE COASTAL COMMUNITY DEVELOPMENT CORPORATION APPROACH TO SOLVING WORKFORCE HOUSING.

IT'S GOING TO TAKE MORE THINGS APPROACH TO SOLVING A CHALLENGING WORK WE'RE GOING AND THE STABLE TABLE WHAT FOR THE TOWN ON THIS CHALLENGE. THANK THING NONE.

JOSH TURNED. LET ME GO AHEAD AND PULL UP THE PRESENTATION MATERIALS FROM THE COASTAL COMMUNITY DEVELOPMENT CORPORATION AND THE MAYOR COUNCILMEMBERS THANK YOU FOR HAVING ME. YOU WISH I WOULD HAVE HAD A CHANCE TO SPEAK FIRST AND SAVE A LITTLE BIT TROUBLE BUT I HAVE TO ADDRESS ALL THE POINTS THAT I'VE HEARD TODAY AND TO BRING IT UP YOU KNOW, STAND BY AND QUICKLY STATE YOUR NAME TO AND THANK YOU PRESIDENT GROUP AND BOARD MEMBER OF THE CDC AND A CERTAIN GROUP IS NOT BENEFITING FROM THIS SO.

PLEASE I WANT TO BRING IN ONE TWO. WHAT IS THE CDC DOING WITH COVID MISSION BEFORE FOR THE WHOLE GROUP THAT'S HERE TODAY? OUR GOAL IS TO INCREASE OF HOMES BY GIVING AND PRESERVING EXISTING HOUSING, BUYING ONES THAT ALREADY FOR SALE AND KEEPING THEM IN THE LONG TERM RENTAL MARKET. AND THEN UP OPPORTUNITIES AND REDEVELOPMENT OF EXISTING PROPERTY AND DEVELOPMENT OF NEW PROPERTIES THROUGHOUT THE REGION. I'D LIKE TO REFRAME WHAT THIS PROCESS WOULD LOOK LIKE IF WE WERE GO AS AN APPROVED ENTITY AFFILIATED AGENCY AND AWARDED GRANT FUNDS.

YOU KNOW THE STEP ONE IS SIMPLY TO REQUEST GRANT FUNDS FROM THE TOWN WHICH WE WOULD THEN COMBINE WITH ALTRUISTIC CAPITAL DONATIONS A BANK LOAN MONEY TO STRETCH, MONEY TO GO FURTHER.

WE WOULD THEN BUY UNITS THAT ARE FOR SALE ALREADY IN THE MLS MARKET HERE LOCALLY AND WE'VE NOT BID ON A SINGLE PRICE. SO THE OPPORTUNITY FOR PEOPLE WHO WANT TO BUY HOMES IS CERTAINLY THERE. IN FACT OUR MODEL REQUIRES THAT WE PAY LESS THAN THIS PRICE AND WAIT IT OUT. AND IF WE CAN'T GET THAT DEAL WE CAN PURCHASE IT.

SO VERY LITTLE RISK THERE AND THAT WE PLACE A 99 YEAR DEED OF RESTRICTION WHICH IS

[02:35:03]

RESTRICTIVE TO ENSURE THAT THE PROPERTIES STAY TIED TO AN AREA LIMIT OVER AFFORDABILITY OF TIME. AND I'LL EXPLAIN LATER FOR THAT RENTED UNITS TO WORKERS WERE ELIGIBLE BASED ON THEIR INCOMES OF THEIR HOUSEHOLD INCOME TO THE ASSOCIATED.

AND THEN LASTLY IN MANY CASES SELL THE UNITS TO WORKERS WHO RUN PHARMACIES WITH A COVENANT THAT STILL SURVIVES TRANSACTIONS TO ENSURE THAT THE AFFORDABILITY OVER TIME IS MET . NOW THIS PROCESS THAT WE'VE BEGUN ON WAS HARD TO FAST TRACK AND WE FIRST PUT OUR REQUEST IN IN MAY OF 2023. SO WE'RE AT TEN MONTHS RIGHT NOW. WE WORKED COUNTLESS HOURS WITH TOWN STAFF AND WITH OF THE COMMUNITY. SO IF THAT WAS FAST TRACKED IN GOVERNMENT TERMS I'D PUT CERTAINLY AN EMERGENCY. SO WHY ARE WE DOING IT? WE'VE HEARD ALREADY TONIGHT THE QUALITY OF LIFE FROM THESE SUPPORTERS AND PEOPLE WHO ARE OPPOSED TO THIS EFFORT THAT THE QUALITY OF LIFE IS AT RISK. WE SIMPLY WE HAVE TO HAVE A HIGH QUALITY OF SERVICE WITH MANY AVAILABLE TO CHOOSE FROM AT THE LOWEST POSSIBLE COST. AND WE BELIEVE THAT HOUSING MARKET AND AFFORDABLE HOUSING WORKFORCE IS THE CRITICAL COMPONENT TO ENSURE THAT QUALITY OF LIFE FOR OUR RESIDENTS AND VISITORS. THIS IS NOT JUST A SIGNAL OR CONCERN TO THE CDC. IN FACT IN 2023 RESIDENT TOURISM SENTIMENT SURVEY CONDUCTED ANNUALLY BY THE CHAMBER OF COMMERCE ASKED ONE SIMPLE QUESTION WHAT ARE THE TOP THREE CONCERNS FOR US IN OUR COMMUNITY AND THE MOST HIGH RESPONDENT ANSWER.

OVER 44% IN RESPONSES TO THE WORKFORCE DEVELOPMENT AS THEIR TOP CONCERN AND THEN YOU SEE NUMBER THREE ON WORKFORCE HOUSING FOLLOWED CLOSELY BY OVERALL DEVELOPMENT THE COASTAL COMMUNITY DEVELOPMENT CORPORATIONS WHICH ADDRESS THREE OF THOSE TOP FOUR CONCERNS THAT OUR COMMUNITY MEMBERS BELIEVE WE FACE. OBVIOUSLY THIS IS NOT A NEW TOPIC FOR OUR COMMUNITY. MANY PEOPLE HAVE BEEN HERE SINCE 2018 WHEN THE BEAUFORT COUNTY HOUSING NEEDS ASSESSMENT WAS RELEASED. IT WAS REFERENCED EARLIER THAT WE WOULD HAVE TO HAVE ON HILTON HEAD ISLAND 2335 UNITS BY THE END OF OF 2027 AND A TEN YEAR PERIOD TO MEET THE DEMAND FOR SUSTAINABLE OPERATION FOR MOORE ISLAND AND THAT WAS BEFORE SHORT TERM HOUSING WENT TO THE AIRBNB MARKET TO. WE BELIEVE THAT DEVELOPMENTAL MODE IS NOT A SINGULAR APPROACH WILL SOLVE THIS ISSUE AND THAT WAS PART OF THE CDCR SO WHY DOES THE CDC COME THE TABLE TO REQUEST FOR FINANCIAL SUPPORT? BEGINNING WITH THE 2019 HIRING OF LISA STURTEVANT ASSOCIATES CONSULTANT TO PRODUCE THE WORKFORCE HOUSING STRATEGIC PLAN, THE TOWN BEGAN THE PROCESS OF SETTING IN MOTION A POLICY EFFORT TO ADDRESS OUR SHORTAGE IN ANOTHER VIEW THE FIRST WHICH IS INCLUDED HERE CITES THE LOCAL FUNDS WHICH ARE CRITICAL TO FILL IN THE GAP BETWEEN THE COST OF DELIVERING MARKET RENT POSITIVE, COST BUILDING HOUSING AND WORKFORCE PRICING IN THIS SECOND PLACE YOU CAN ADD UP THE LOCAL FUNDS FOR OR WHETHER YOU ARE FUNDING AS WE ARE DOING IN WORKFORCE HOUSING.

IN 2022 THE PREVIOUS COUNCIL ADOPTED A WORKFORCE HOUSING FRAMEWORK ADDRESS WORKFORCE HOUSING. AND AMONG THE MANY POINTS OF FOCUS AND INCLUDED TO ESTABLISH A NETWORK OF POTENTIAL FINANCIAL PARTNERS TO MOVE THE PENINSULA POTENTIAL FINANCIAL PARTNERS INCLUDING BUT NOT LIMITED TO PRIVATE INVESTORS, PHILANTHROPIC ORGANIZATIONS, BANKS ETC. THE CDC CDC EFFORT HAS ESTABLISHED EXACTLY THAT ITS WITH SUPPORT

[02:40:02]

FROM THOSE GROUPS THAT WE'LL HEAR FROM IN LAST YEAR'S STRATEGIC PLAN WORKSHOP TOWN IDENTIFIED TWO IT IDENTIFIED 15 PRIORITIES NORTH NO SENSE THERE WAS A BIG ONE.

THE SECOND ONE WHICH WAS WORKFORCE HOUSING WE SEE IN THE COMMUNITY BOX 2.1 THE COMMITMENT TO DEVELOP AND MAINTAIN SUPPORT PARTNERSHIPS AND RELATIONSHIPS WITH COMMUNITY ORGANIZATIONS AS WELL AS REGIONAL AND STATE TO COLLABORATE AND COLLABORATIVELY ADDRESS THE HOUSING NEEDS. THEY ALSO HIGHLIGHTED $3.3 MILLION WHICH WAS BUDGET FOR DEVELOPMENT OF NEW HOUSING TO SUPPORT HOUSING INITIATIVES AND SENATOR DAVIS HAS ASKED ME FOR OUR BILL THAT WAS ADDRESSED IN THE 2023 HOUSING IMPACT ANALYSIS.

THE ANALYSIS ALSO NOTED THAT THE RENTAL MARKET DATA AND THE UNSUSTAINABLE NATURE OF THE RENTAL MARKET WAS A HIGH WAS A HIGH RISK IN HILTON HEAD ISLAND .

APPEARS TO THE SUPPORTERS OF THE CDC THAT SINCE 2018 THE TOWN HAS TAKEN ACTIONABLE STEPS IN EXECUTING THE PRIORITIES WE'VE SET AND TO PUT POLICY INTO MOTION.

THAT AGAIN WHY THE CDC IS HERE. IT'S WHY IT WAS FORMED TO ADDRESS THE HOUSING ISSUE AND TO BE A PARTNER IN PRODUCING AND PRESERVING HOUSING OPTIONS FOR OUR COMMUNITY THE VALUE TODAY IS IN LINE WITH THAT TOWN POLICY WE COVER HOW WE'RE EXECUTING OUR STRATEGY.

YOU'VE SEEN THIS ALL BEFORE BUT WE ARE TARGETING RENTAL UNITS THAT WE SERVE BETWEEN 50 AND 120% OF THE AMOUNT THAT A PROPERTY TAX ABATEMENT AND THEN THOSE BETWEEN 120 TO A MAX 150% WOULD NOT BE ELIGIBLE FOR THE PROPERTY TAX ABATEMENT. WHAT WE'RE TALKING ABOUT WITH THE MORTGAGE THEY ARE LIMITED TO THE 50 TO 120% RANGE YOU KNOW SORT OF BE RESTRICTED FOR 99 YEARS AND THE APPLICATION PROCESS WILL ENSURE THAT LOCAL HAVE ACCESS TO THE UNITS THAT ARE OWNED BY THE CDC AND OUR KOSTER BENNETT STRATEGIES WE'VE HAD A OF SUCCESS WITH THIS LOW COST OF CAPITAL INITIATIVE THAT'S COME UP A COUPLE TIMES TO ME.

WE HAVE SOUGHT OUT ALTRUISTIC CAPITAL WHICH OFFERS A 3% RETURN OVER A TEN YEAR PERIOD VIA AN UNSECURED PROMISSORY NOTE. THERE IS NO GUARANTEE OF RETURN. THE PEOPLE WHO ARE OFFERING UP THIS MONEY FOR US TO BE ABLE TO USE AS DOWNPAYMENT EQUITY TOWARDS HOUSING PURCHASES COMES WITH NO GUARANTEE AND HAS ALL THE LEGAL DOCUMENTS SUPPORTING THAT IT IS NOT SECURE AND IT WOULD STAND IN NO WAY TO A MORTGAGE FROM A BANK. IN FACT IT IS COMPLETELY UNSECURED NOW THAT EFFORT IS STILL RAISED OVER $1.1 MILLION FROM THE WORK THAT WE DID IN LONG COVE COMMUNITY AND AS IT TURNS OUT 110,000 OF THE MONEY WAS ACTUALLY CONVERTED OR COMMITTED AS A DONATION WITHOUT ANY RETURN ATTACHED TO IT. IT WAS GOOD TO SEE THAT JUST OVER 10% OF THE TOTAL MONEY WAS IN DONATION FORM. WE'VE ALSO BEEN SUCCESSFUL WORKING THROUGH PRIVATE DONATIONS. WE RAISED $125,000 LAST YEAR FROM RESIDENTS AND BUSINESSES.

WE HAD A COMMUNITY FOUNDATION OF A LOW CONTRIBUTION $100,000 .

THOSE ARE THE TWO SOURCES OF FUNDING THE ADMINISTRATIVE WORK OF OUR ORGANIZATION AND LAST WEEK WE RECEIVED $500,000 DONATION FROM A LOCAL ISLAND RESIDENT COMMITTED TO SEEING THIS PROBLEM STOP ON HELPING TO IN THE STATE HOUSING PROGRAM SIDE.

WE HAVE SOMETHING WE ARE ABOUT TO SUBMIT OUR FIRST SOUTH CAROLINA HOUSING TRUST FUND TO PURCHASE ADDITIONAL HOUSING IN THE AREA AND WE'LL ALSO BE COMPETING FOR THE RENTAL DEVELOPMENT PROGRAM WHICH COMES UP THIS SPRING WITH US HOUSING .

SENATOR DAVIS IS THE ONE WHO LINKED UP WITH US IN HOUSING TO GET THAT WORK STARTED.

THE QUESTION CAME UP A FEW MINUTES AGO WHO OWNS THESE PROPERTIES? WHAT ARE NOT OWNED BY THE TOWN UNITS ARE GOING TO BE PURCHASED AND OWNED BY THE NONPROFIT ON THE CDC BALANCE SHEET. NOW THIS IS NOT NEW FOLLOWS THE LEAD OF OTHER NONPROFITS IN THE STATE WHO HAVE ALREADY SUCCEEDED IN BRINGING HOUSING SOLUTIONS ACROSS THE STATE INCLUDING THE GREENVILLE HOUSING FUND AND HOMES FOR HOPE.

BOTH ORGANIZATIONS WAS CRITICAL IN THE FORMATION OF OUR EFFORTS AND OUR APPROACH.

WE OF COURSE WOULD BE INCENTIVIZED TO MAINTAIN THIS PROPERTY TO ENSURE THAT THERE IS STILL VALUE THROUGH RESALE AS WE INTEND TO FOCUS ON SALES TO EXISTING RENTERS WHICH WOULD KEEP THE COVENANT IN PLACE AT THE TIME OF SALE. RENTERS CAN EARN THE RIGHT TO UTILIZE UP TO 10% OF YEARLY RENT AS A CREDIT TOWARDS PURCHASE OF A CD OWNED PROPERTY. THAT SALE WOULD OF COURSE RECYCLE SO THAT WE COULD PURCHASE ADDITIONAL UNITS AND STILL TO PUT HOMEOWNERS IN PLACE.

YOUR POCKET INCLUDED A SIMILAR LIST WHICH YOU'VE SEEN. THESE ARE 12 EXAMPLE PROPERTIES THAT HAVE OR ARE CURRENTLY FOR SALE TO DEMONSTRATE THE RENTS THAT WILL BE AVAILABLE THE SPECTRUM OF 50% OF HOUSEHOLD INCOME TO 120% OF HOUSEHOLD INCOME.

AND WHILE YES THERE ARE SOME THAT ARE CERTAINLY MARKET RATE YOU CAN SEE THAT THERE ARE SOME THAT ARE WELL BELOW MARKET RATE AS WELL THOSE RENTS THEN FEED INTO OUR MODEL WHICH

[02:45:01]

ESSENTIALLY OUTLINES THE GROSS REVENUES AND THEN FOLLOWS UP WITH THE EXPENSES ASSOCIATED WITH OWNING AND MANAGING THAT BLOCK OF UNITS. OUR MODEL LOOKS DIFFERENT SINCE WE FIRST PRESENTED OUR REQUEST TO THE TOWN IN MAY AND THEN SUBSEQUENTLY IN AUGUST OF LAST AS MLS LISTINGS CONTINUED TO CHANGE AND WE'VE TAKEN A MUCH MORE CONSIDERABLE EFFORT TO INCREASE THE INSURANCE COST BUILT INTO OUR FORECASTING AND ASSOCIATED REGIME AS WE ALL SEE THEM SKYROCKETING AROUND US. WE HAVE ALSO INCORPORATED VACANCIES AND THANKS TO ONE OF OUR COMMUNITY DISCUSSIONS WE WERE ABLE GET THE LOAN ORIGINATION FEE IN TO ENSURE THAT WE HAVE THAT COST COVERED WELL. YOU SEE THE SOURCE OF FUNDS IS THE EXAMPLE OF HOW THE TOWN MONEY WOULD BE USED THAT $600,000 THE REQUESTED GRANTED WOULD BE USED ONLY FOR DOWN PAYMENT EQUITY NOT FOR ANY ADMINISTRATIVE COST OF THE ORGANIZATION WE'VE COVERED BEFORE BY THE PARTNER WITH THE CDC.

WE HAVE A SOLUTION THAT AFTER SEVEN YEARS OF TALKING ABOUT THIS IN MY LIFETIME HERE SHOWS THAT WE HAVE AN IMMEDIATE SOLUTION THAT SUPPORTS GROWTH MANAGEMENT HAS A LONG SUSTAINABLE TENURE TO IT PRIORITIZING IS REALLY A COMMUNITY SOLUTION.

WE HAVE RECEIVED OVERWHELMING COMMUNITY SUPPORT BY THE MEMBERS OF BEING APPROACHED TO JOIN US. I DON'T THINK THEY'RE ALL HERE TONIGHT IN DELIVERING OUR MISSION. WE HAVE BEEN MADE AWARE OF SENTIMENTS FROM SOME COMMUNITY MEMBERS WHO ARE NOT AS PLEASED AND THEY ARE CONCERNED ABOUT OUR EFFORTS.

WE'VE HEARD A LOT OF IT TONIGHT AND I WOULD LIKE TO ADDRESS THOSE POINTS NOW THE FIRST ISSUE IS A CONCERN AROUND OUR EFFORTS BEING ASSOCIATED WITH SECTION EIGHT HOUSING.

I'M NOT AN EXPERT ON SECTION EIGHT HOUSING BUT BOARD MEMBER TONY ALFIERI ASSEMBLED THESE POINTS FROM THE HUD FROM HUD WEBSITE WHICH OUTLINED THE BASIC FRAMEWORK OF SECTION EIGHT. THE REASON THAT THE CDC IS UNABLE TO SPEAK TO THE PROGRAM IS WE HAVE NEVER BEEN AFFILIATED WITH THE DISCUSSION SECTION EIGHT PROJECTS THEREFORE WE HAVE NO IDEA HOW IT WOULD WORK OR HOW GOT INTO THE PUBLIC LEXICON.

I UNDERSTAND THERE'S A WEBSITE CALLED NEXT DOOR WHICH IS PUBLIC FORUM OF SOME SORT AND THIS WAS AN IMAGE THAT WAS SENT WHICH SHOWED A NUMBER OF BULLET POINTS THAT I WANTED TO ADDRESS . THE FIRST ONE SPEAKS TO SUBSIDIZED HOUSING FOR SOME WORKERS EARNING ABOVE $130,000. THE TRUTH IS IF WAS A HOUSEHOLD OF ONE ELIGIBLE FOR AN ARMY RESTRICTED UNIT BETWEEN 50 AND 120% THE MAX INCOME SALARY THEY COULD HAVE WOULD BE $93,540.

THERE IS OF COURSE A HOUSEHOLD OF FOUR NUMBER THAT'S AT $133,000 AND THAT WOULD LIKELY MORE THAN ONE WAGE EARNER OR ONE WAGE EARNER WITH THREE DEPENDENTS THAT'S MAKING GOOD SALARY. THE SECOND POINT SPEAKS TO TURNING WORKING FAMILY COMMUNITIES INTO BOARDING HOUSES FOR MIGRANT WORKERS. I DON'T KNOW WHERE THAT CAME FROM BUT IT WAS JUST REFERENCED A MOMENT AGO AS OUR POLICY FOR IN A TWO BEDROOM WOULD PROMOTE MIGRANT WORKER BOARDING HOUSES FOR HEARTBEATS TWO BEDROOMS FOR PEOPLE LIVING IN TWO BEDROOMS THAT SEEMS ENTIRELY REASONABLE . I'M STILL NOT SURE WHERE THAT CAME FROM. COURSE THE THIRD BULLET POINT SPEAKS TO MILLIONS OF TAXPAYER MONEY. WE HAVE REQUESTED $600,000 AND THEN I WILL TOUCH ON DEED RESTRICTION ISSUE NEXT BECAUSE THAT IS OBVIOUSLY A VERY BIG CONCERN.

THIS POST ALSO CAME OUT OF NEXT DOOR AND MENTIONED THAT THERE WAS A NUMBER OF COMMUNITIES WHO WERE POTENTIALLY HAVE A LOWER VALUE OF HOME AND. I WANT TO EXPLAIN HOW THE MONEY TIES INTO THE DEED RESTRICTION HERE THE SALE OF A CD CDS AND RESTRICTED PROPERTY WOULD COINCIDE WITH THE AMAZON CHANGES. WE HAVE A FIRST ROUND REFUSAL THAT WHEN WE SELL TO A RENTER WE WOULD HAVE THE OPPORTUNITY TO BUY THE PROPERTY BACK NOW WE WOULDN'T BUY BACK THE FIRST ONE OUT. WE BUY IT BACK AT THE SAME RATE THAT THE HOME II INCREASES. SO YOU CAN SEE THE AREA MEDIAN INCOME HAS INCREASED BY 100% NOW THAT IS UP MORE THAN 2% AND MINE WAS HUNDRED $11,000 FOR A FAMILY OF FOUR HERE IN 2023 AN INCREASE OF 100% SINCE 2014 WHICH MEANS AN EXAMPLE HOME SALE PROPERTY LET'S SAY ONE PURCHASE $125,000 BACK 2014 WOULD ALSO INCREASE AT THE SAME RATE IN TANDEM AS FOR SOME OF THE COMMUNITIES LISTED IN THIS POST FROM MEMBERS OF AC DC BOARD MET WITH THEM OUR SIDE IS WHEN BOARD MEMBERS LAST WEEK AS WE'VE HEARD TONIGHT AND WE WOULD CONTINUE TO SEEK LOOK FORWARD TO SPEAKING TO OTHER COMMUNITIES TO COORDINATE OPPORTUNITIES AND ADDRESS CONCERNS WARRANTS ABILITY IS AN ISSUE ON OUR RADAR THANKS TO YOU MAYOR AND COUNCILMAN BROWN WHO BROUGHT IT UP OVER THE PAST COUPLE OF WEEKS AND. WE WILL CERTAINLY BE READY TO INCORPORATE OUR ASSESSMENT OF WATER BUILDING THE FUTURE PURCHASES OF ANY COMMUNITY AND THE INTEREST RATES AND HOME APPRAISERS HAVE STATED THEY WANT US TO THE SALE OF ANY DEED

[02:50:04]

RESTRICTED UNITS OUTSIDE OF FULL MARKET RATE TRANSACTIONS.

FURTHERMORE THEY SEE NO CONCERN ON SALES OR THESE ONE OFF SALES AFFECTING COMPS AND PROPERTY SALE PRICES. THERE'S NOT A WHOLE LOT OF WORK AROUND THIS SUBJECT BUT THERE IS A LANDMARK STUDY FROM THE URBAN INSTITUTE THAT WAS COMPLETED 2022 MAYOR DAVID BENNETT FORMER MAYOR BENNETT AND ACTUALLY TOLD ME ABOUT THIS ABOUT A YEAR AGO AND ESSENTIALLY CONCLUDED IN IN ALEXANDRIA VIRGINIA THAT PROPERTY VALUES WERE NOT ASSOCIATED WITH ANY INCREASE OR DECREASE OF SIGNIFICANT VALUE ON AFFORDABLE HOUSING IN THE AREA. THESE RESTRICTION TOPIC ALSO CAME IN THIS PIECE OF COMMUNICATION WHICH CITED THE ONE EFFORT THAT HILTON HAD HAD TO PUT A DEED RESTRICTION IN PLACE FOR AFFORDABILITY WAS THEN REPEALED BECAUSE QUALIFIED BUYERS HAD DIFFICULTY EITHER SECURING FROM LENDERS ARE PAYING A HIGH PERCENTAGE OF DOWN PAYMENT I WAS OF THIS SINCE WE STARTED TALKING ABOUT HOUSING IN 2017 AS FORMER COUNCIL MEMBERS EXPLAINED THAT THE SUMMER HOUSE EXAMPLE WAS ACTUALLY BECAUSE SPECULATORS IN THE 27 HOUSING BUBBLE WERE UNAWARE OF THE RESTRICTIONS WHEN THEY PURCHASED THE UNITS THEY THEN STORMED TOWN COUNCIL FORCED A VOTE AND HAD THOSE DEED RESTRICTIONS REPEALED. WE HEARD ABOUT BUSINESS LICENSES. WE'VE COME ACROSS THE MYTH THE DRAMATIC INCREASE FROM 2021 TO 2022 IS PROOF THAT BUSINESSES ARE NOT DETERRED WORK FROM SHORTAGES.

UPON FURTHER LOOKING SHORT TERM RENTALS BEGAN REQUIRING A PURCHASE OF A BUSINESS LICENSE IN THAT TIMEFRAME HAS NOT LED TO THE INCREASE. IT WAS THE RESULT OF A STATE LEGISLATION EFFORT TO STANDARDIZE IMPLEMENTATION OF BUSINESS LICENSING APPLICATIONS AND IT TURNS OUT WHEN YOU ADJUST FOR SHORT TERM RENTALS 6446 UNITS WERE ACTUALLY OR 6446 LICENSES WERE ISSUED IN 2022 SO A DECREASE 731.

AND SEE ON THE TOP OF THE SCREEN HERE ONE OF THE CONCERNS THAT HAS BEEN VOICED ABOUT OUR EFFORT IS THAT 70% OF UNITS WOULD BE ALLOCATED TO WORKERS MAKING 89 $233,000.

THE FACT IS THAT 70% OF THE UNITS WOULD BE ALLOCATED TO HOUSEHOLDS EARNING NOT WORKERS.

SO WE CONTINUE TO GET THESE TWO ITEMS CONFUSED THIS IS NOT SOMEONE MAKING 89,000 IS A HOUSEHOLD MAKING 89,000 SO I THINK A MORE AGREE WITH REPORT THAT WOULD LOOK LIKE THIS BUT 70% OF OUR UNITS WOULD OFFER WOULD BE DEDICATED TOWARDS SALARIES BETWEEN 44,060 THOUSAND AND TO INCOME HOUSEHOLD. THIS OTHER PIECE ALSO POINTS OUT NO DETAIL FOR UNINCORPORATED COUNTY AREAS THE IS WE DO HAVE A $600,000 GRANT WHICH HAS BEEN APPROVED BY ME FOR COUNTY COUNCIL AND ADMINISTERED THROUGH DIFFERENT COUNTY JUST FOR HOUSING TRUST AND WE HAVE BEGUN THE ALTERNATIVE CAPITAL RAISE ALL FILING TO CONTINUE TO GROW OUT THERE AS WELL. I'M ALMOST DONE MAYOR.

OVER THE LAST FEW DAYS LOOKS LIKE A FEW MORE DATA POINTS HAVE BEEN CIRCULATED WHICH I'D LIKE TO ADDRESS. AS YOU CAN SEE, THE MODEL THE ONE ON THE SCREEN YOU HAVE IN YOUR POCKET STILL IS ACTUALLY HAVING A VACANCY RATE INTO IT. THAT POINTED OUT HAS NOT BEEN IN EXISTENCE. THIS IDEA AROUND UTILITY COSTS CONTINUES TO COME UP.

THE FACT IS OUR MODEL DOESN'T ADDRESS UTILITY COSTS BECAUSE. UTILITIES ARE PAID BY RENTERS.

ARE RENTS THAT YOU SEE IN OUR PROJECTED HAVE TO BE AFTER UTILITIES ARE PAID BY RENTERS SO THEY'RE BELOW THE LEVEL AFTER UTILITIES THAT ARE AFFORDABLE.

IT WAS POINTED OUT THAT THERE WAS NO CLOSING COSTS BUT YOU WILL SEE IN THE MODEL THAT THE MORTGAGE COST OF CLOSING COSTS WERE INCORPORATED. HOW COULD YOU REPORT THAT FOR THE REALTOR DONATIONS FROM OUR CLOSINGS HAVE COVERED ANY CLOSING COST.

IN BETWEEN THAT IT WAS POINTED OUT THAT THERE'S NO CDCC PERSONNEL TO OVERSEE COMPLIANCE AND REPORTING IN THAT WE HAVE THAT SEPARATE TO OUR ADMINISTRATIVE BUDGET MODEL THAT YOU SEE IS STRICTLY FOR OWNING AND MANAGING THE PROPERTIES THERE WE CONTINUE TO HEAR THE HOME OWNERSHIP ON THAT IS A LESS EXPENSIVE PROPOSITION THAN THE CD RENTAL PROPERTY ISSUE. BUT THOSE NUMBERS THAT YOU'VE SEEN IN YOUR EMAILS ASSUME A 40% DOWN PAYMENT SO THEY CITE A $209,000 HOUSE THAT'S PURCHASED WITH AN $83,000 DOWN PAYMENT.

I DON'T SEE THAT WORKING FAMILIES ARE FIRST TIME HOMEBUYERS TRADITIONALLY SPENDING 40% DOWN. EARLIER WE HEARD A PUBLIC COMMENT THAT THE REVOLVING OF RENTERS IS ALREADY SPINNING. REFERENCING ONE OF OUR RENTERS WAS A BLATANT LIE THAT LENNAR IS STILL RENTING SAME AS SHE WAS. THAT EVEN INTO THE TOPIC NON-MONETARY BENEFIT . THAT WAS AN INTERESTING ONE. WE HAVE A LOT FROM ONE TABLE FROM COULD HELP REVIEW AND AND APPROVE ALL OF THE PROPERTIES WHICH WE LISTED.

[02:55:02]

I DIDN'T INVITE THEM BECAUSE THEY'D BE CHARGED OUR AND WE WON'T BE OUT OF MONEY AT THIS POINT BUT I WILL OBVIOUSLY CIRCLE BACK WITH THEM IMMEDIATELY TO ENSURE THAT THEY OVERLOOK SOMETHING IN THAT BILL THAT WE PAID THIS EXAMPLE OF AN $80,000 ULTRA $80,000 A YEAR ULTRASONE TECHNICIAN WAS NOW MADE UP OF AN ACTUAL EXAMPLE FROM THAT HOSPITAL SOME COULDN'T HIRE ENDED UP STAYING IN SAVANNAH AND THEN LASTLY THE WHAT THE SEARCH PREFERENCE IS FALSE SEARCH HAS NOT DONATED MONEY TO DESERVE A PREFERENCE. I THAT THEY WOULD AS A RESTAURANT AS A RESTAURANT BUT WE NOT TO THIS DATE SO AT THIS POINT THERE'S NO PREFERENCE FOR SEARCH AND ONLY TIME GOING TO DO THIS IS THE EFFORTS OF OUR SEARCH PERSONNEL.

BUT THAT'S THE EXTENT IT WE ARE NOT AT THE POINT OF DECIDING FATALITIES COMPARED TO PARTNERING WITH THE AND I CIRCLE BACK TO COMMUNITY WE HAVE TO CIRCLE THE WAGONS WITH RESIDENTS SUPPORT AND DONATIONS BUSINESS SUPPORT FINANCIALLY BUT JUST IN TIME AS WELL AND LEADERSHIP WE HAVE ELICITED GOVERNMENT SUPPORT FROM SENATOR TOM DAVIS AND COUNTY COUNCIL MEMBERS LARRY MCCLELLAN AND TOM REED'S. WE HAVE GOTTEN SUPPORT FROM BOTH ON THAT TOWN COUNCIL LEVELS AND COMMITTEE LEVELS AND ENJOY SIMILAR SUPPORT IN BLUFFTON AND HARTVILLE AND WE NEED MANY SOLUTIONS TO SOLVE THIS ISSUE.

THE STORY THAT ON THE SCREEN CITES A LOCAL CHEF AND HIS GIRLFRIEND A NATIVE ISLANDER DAVID YOUNG WHO HAD TO MOVE TO BLUFFTON BECAUSE HIS 1500 DOLLAR A MONTH CONDO MOVED TO THE SHORT TERM RENTAL MARKET. AND I ONLY HOPE THAT FOR OUR COMMUNITY THE NEXT HEADLINE MIGHT BE SOMETHING LIKE WE HAVE AN OPPORTUNITY AND A SOLUTION TO WORK TOGETHER TO TACKLE THIS MATTER. ALL RIGHT. THANK YOU.

AND I THINK THAT ONE OF THE QUESTIONS. ALL RIGHT.

QUESTIONS FROM COUNCIL AND SINCE NO ONE ELSE IS RAISING THEIR HAND, I WILL JUMP IN.

WELCOME ON. I'M ASSUMING I GET GOOD STUFF FROM YOU.

OKAY GOOD. UM, AND I'M GOING TO I HAVE QUESTIONS ABOUT A DOCUMENT THAT I WANT TO BE ABLE TO ADDRESS LATER BUT IN TERMS OF YOUR PRESENTATION ON YOU DIDN'T ADDRESS MR. RANDALL'S CONCERN WITH REGARDS TO THE 50173 REQUIREMENTS.

I'M ASSUMING YOU'RE AWARE OF THEM BUT THAT'S REALLY NOT WITH OUR LAW FIRM WHO WE PAID TO REVIEW TO REVIEW THE PRIORITIES WHICH INCLUDES ONE FOR BUSINESSES WHO MAKE A SUBSTANTIAL DONATION OR AN UNSECURED NOTE CAPITAL FUND. SO OUR LAWYERS HAVE SEEN IT IT NOT RAISED. I'LL BE HAPPY TO GO BACK ON IT BUT AGAIN I WAS UNAWARE OF IT.

WE'LL HAPPY TO WORK THROUGH IT. THANK YOU. WELL, TO THAT I WILL ADD THAT I CERTAINLY WOULD NOT THINK THAT A PREFERENCE LIST BASED ON CONTRIBUTORS IS AN APPROPRIATE WAY TO USE TOWN FUNDS. THIS IS AFTER ALL AS IT'S BEEN CORRECTLY POINTED OUT, TAXPAYERS SUBSIDIZE HOUSING AND BEEN PREFERENTIAL TO ANY PARTICULAR ORGANIZATION.

SO YOU SEEMS TO BE IN CONFLICT AND. I WILL RAISE THIS QUESTION AGAIN AND THAT'S THE REASON ALL OF THIS AND WHY I MADE THE MOTIONS EARLIER.

IT'S MY HUMBLE OPINION THAT THIS IS NOT READY FOR PRIME TIME.

THE MOST SIGNIFICANT ELEMENT AS TO WHETHER OR NOT YOUR 513C CAN ESTABLISH A PREFERENTIAL TREATMENT HAS TO BE REVISITED. I THINK AS WE GO THROUGH THE QUESTIONS YOU'LL PROBABLY CONCLUDE THAT THERE ARE A NUMBER OF THOSE QUESTIONS THAT NEED TO BE REVISITED REWORKED THOUGHT THROUGH AND BETTER ANSWERS PROVIDED. THESE ARE TAXPAYER FUNDS NO MATTER FROM WHICH FUNDING SOURCE THEY COME FROM. THEY ARE TAXPAYER FUNDS AND WE HAVE A FIDUCIARY RESPONSIBLE TO MAKE SURE THAT WE'RE APPLYING THEM APPROPRIATELY.

BUT I RESPOND QUICKLY TO THAT. THANK YOU. I WOULD SIMPLY POINT OUT WE HAVE THE MATERIAL PRESENTED SINCE LAST YEAR WHEN WE FIRST CAME WITH OUR FIRST REQUEST IN MAY AND WE CAME TO FDA IN AUGUST. SO IT IS DISHEARTENING THAT WE'VE MADE IT THIS LONG BEFORE. SOMETHING LIKE THAT WOULD BE IDENTIFIED.

I WISH MR. RUNKEL WAS ON RETAINER FOR ONE OF US PRIOR. IF THAT'S GOING TO BE A CONSIDERATION BECAUSE WE'VE ALL HAD TO LOOK AND I REACHED OUT TO COUNCILMEMBERS IN JUNE TO EXPLAIN THESE EXACT AS WELL AS THE WHOLE PROGRAM OF LAST YEAR JUNE 2023 AND IT WASN'T RAISED TO THAT POINT. SO TO BE HERE UNTIL I SOUR ON WHAT I BELIEVE IS A PLANK STANDING OVER SALTY WATER. IT'S SAD TO SEE THAT TIME WOULD COME UP NOW BUT HAPPY TO ADDRESS IT WELL FOR THAT ONE THAT'S A THAT'S A BASIC FUNDAMENTAL REQUIREMENT OF 5138 AND SO IT WOULD HAVE BEEN ASSUMED THAT THAT WAS TAKEN CARE OF .

[03:00:03]

IT'S JUST COME TO MY ATTENTION WITHIN THE NEXT DAY THAT IS A SIGNIFICANT ISSUE.

SO THERE'S ANOTHER SIGNIFICANT ISSUE AND IT'S BEEN MENTIONED BY FOLKS WHO MADE COMMENTS EARLIER HAS TO WITH OUR OWN AFFILIATED AGENCY. I'LL WAIT FOR COUNCIL MEMBERS TOO BECAUSE I THINK THAT THEY MIGHT BE INTERESTED OR GOING AFFILIATED AGENCY REQUIREMENTS FOR THE APPLICATION. I JUST IT INAPPROPRIATE. THANK YOU.

OUR OWN AFFILIATED AGENCY WHICH MEMBERS OF THIS COUNCIL WORKED ON TO PUT INTO PLACE SO THAT WE HAD A REGULAR SET OF CRITERIA BY WHICH FOLKS WHO WERE INTERESTED IN COMING TO THE TOWN AND AND WORKING WITH US COULD ALL TO A REQUIREMENT THAT THERE ARE TWO YEARS OF FINANCIAL THAT ARE PROVIDED. SEE CDC DOESN'T HAVE THAT AND SO YOU CAN'T QUALIFY AS AN AFFILIATED AGENCY. IT'S THAT SIMPLE. WHEN I'VE THE QUESTION AS TO YOU KNOW WHAT WHAT DO YOU DO ABOUT THAT? THE ANSWER THAT I'VE RECEIVED IS UNACCEPTABLE THAT THOSE FINANCIALS ARE USED TO LET THE APPLICATION ITSELF CROSS-REFERENCE. WELL, IF WE DON'T THEM TO VET AND USE AS A CROSS REFERENCE THEN I DON'T THINK THAT WE CAN STAND IN FRONT OF OUR CONSTITUENTS AND SAY THAT WE'VE BEEN TRADITIONALLY RESPONSIBLE WITH THEIR MONEY AND SO THAT IS IN ITSELF A PROBLEM.

IT GOES HAND-IN-HAND. I KNOW YOU WANT TO RESPOND TO THAT BUT LET ME JUST PUT THIS WITH IT BECAUSE IT PROBABLY WILL ALSO RECEIVE A RESPONSE AT 57 WHICH ALLOWS FOR THESE HOUSING ACTIVITIES TO TAKE PLACE WITH AGE TAX MONEYS AND A SPECIFIC SET OF CRITERIA THAT ARE EIGHT TAX COMMITTEES FAMILIAR WITH THAT THEY APPLY TO EVERY OTHER APPLICATION FOR FUNDING THAT COMES THROUGH THEM. THE TARP REQUIREMENTS RIGHT AND TAX REVENUE EXPENSE REVENUE CRITERIA I BELIEVE IT'S NUMBER THREE OR FOUR OF WHICH SAYS A APPLICATION CANNOT BE SPECULATIVE IN NATURE OR AT LEAST IT HAS TO BE EVALUATED FOR A SPECULATIVE NATURE. IF IT WERE TO BE GRANTED FUNDS AND WE ALL HAVE HEARD THAT AT SEVEN IS REALLY SILENT ON WHETHER OR NOT THOSE CHURCH REQUIREMENTS ALSO APPLY TO THAT 57 I THINK THEY DO. I THINK THAT IT'S ALL PART OF THE SAME AND JUST BECAUSE IT'S SILENT ON IT DOESN'T MEAN WE IT AND POSSIBLY FIND OURSELVES IN HOT WATER DOWN THE ROAD. SO I KNOW YOU HAVE I DON'T KNOW WHAT YOU JUST SAID ON OUR SECOND PART THAT'S WAY OVER MY HEAD. I'M SURE THE COUNCIL MEMBERS WOULD GET TO IT. I WAS CONCERNED OF COURSE. WHAT'S THE INTENT OF THE AUDIT FOR TWO YEARS IS IT TO IDENTIFY ANY FINANCIAL WRONGDOING BECAUSE? WE HAVE NO HISTORY OF TWO YEARS WHICH MEANS THERE'S JUST A BUNCH OF ZEROS SO IT'S VERY EASY TO LOOK AT THE FACT THAT THERE'S NO WRONGDOING OR IS THE INTENT MORE TO SORT OUT THE FINANCIAL STABILITY WHICH IT'S TO ESTABLISH IN MY OPINION TO GO ALONG WITH THE TASK AND WELL I WANTED TO COMBINE COMMENT TOGETHER TO TO SET FORTH THE SPECULATIVE NATURE AND WHETHER OR NOT THE NEWNESS HAD POTENTIAL FOR SUCCESS OR FAILURE.

WE HAVE TO BE CHARGED FOR THAT BECAUSE IF WE WERE TO LOOK AT SOME OF THE ISSUES IN THE MEMO YOU WHEN YOU TALK ABOUT A CLAWBACK AND WHAT WOULD HAPPEN IF THERE WAS A DEFAULT AND THERE WAS NO OTHER ORGANIZATION THAT WERE TO COME IN AND TAKE OVER THEN IT WOULD BE BECOME THE TOWN'S RESPONSIBILITY TO TAKE OVER THOSE THAT PRODUCT THAT THAT YOU HAVE YOUR INVENTORY IN THE EVENT OF A DEFAULT THE COVENANT WOULD BE THE COVENANT WOULD FALL OFF AND IT WOULD SELL ON THE OPEN MARKET THE REGULAR MARKET VALUE THAT'S THE BANK'S RESTRICTION AND IT'S THE REQUIREMENT PRETTY MUCH ALL THE HOUSING WORK THAT WE'VE SEEN IN OTHER COMMUNITIES AS WELL AND IT JUST ADDRESS THAT PIECE. I DO APPRECIATE THAT AND I LOVE HEARING THAT YOU HAVE HAVE TO TELL US BUT THAT'S NOT INDICATED IN THE MEMO YOU WANT INDICATED IN THE MEMO YOU SIMPLY THAT IF THERE WAS A DEFAULT IF ANOTHER PROVIDER SIMILAR PROVIDER WASN'T AVAILABLE TO STEP IN AND TAKE OVER THAT IS THE TOWN WOULD STEP IN AND TAKE OVER AND I STILL HOLD THAT WE ARE NOT IN THE BUSINESS OF HOUSING WITH THE HOUSING DEPARTMENT AND THEREFORE THAT PUTS IN A PRECARIOUS SITUATION.

[03:05:03]

HOW DO WE CLAW BACK OUR MONEY AT THAT POINT AND IT LOOKS LIKE JOSH MAY HAVE SOME ANSWERS FOR THIS. COUNCILWOMAN BECKER. SO WHAT IS IN THE AGREEMENT THE TOWN A RIGHT TO TRY AND RECOUP THE MONEY DOES NOT CREATE AN INTEREST IN THE PROPERTY ITSELF. SO AS MR. WOLF HAS INDICATED IT IS NOT A LEAD ON THE PROPERTY.

IT IS SUBJECT TO ANY OF OUTSTANDING MORTGAGES THAT MAY BE TAKEN AND IF THEY PURSUE BANKRUPTCY THAT WOULD TERMINATE ANY KIND OF RESTRICTIONS BECAUSE DOES NOT SELL PROPERTY THAT'S RESTRICTED IT BECOMES UNRESTRICTED BUT THAT ASSUMES THAT IT GOES THROUGH THAT THAT PROCESS UNDER EXISTING SOUTH CAROLINA LAW WITH REGARDS TO NONPROFIT, IF AN ORGANIZATION IS GOING TO CEASE TO OFFER CHARITABLE SERVICES, THEY'RE REQUIRED TO TAKE THEIR ASSETS AND TRANSFER THEM TO ANOTHER SIMILARLY SITUATED ORGANIZATION WITH THE INTENT BEING THAT A SUCCESSOR ORGANIZATION CONTINUE THE CHARITABLE PURPOSE FOR WHICH THE DONATIONS AND OR PROPERTY WERE PROVIDED IN THE FIRST PLACE AND IF THAT IS NOT POSSIBLE WHAT THE AGREEMENT PROVIDES FOR IS AN OPPORTUNITY AND A RIGHT IF THE TOWN TO TO ASSERT OWNERSHIP OR CONTROL OVER IT AT THAT TIME BUT IT IS NOT AN OBLIGATION IT IS SOMETHING THAT WE CAN PERMISSIBLE CHOOSE TO DO AND IF WE WEREN'T TO CHOOSE THAT AFTER ALL OF THE OTHER OPTIONS HAD BEEN EXHAUSTED THEN WHY ASK THE QUESTION OF HAVE MR. WOLF WITH ADDRESSING SOME OF YOUR COMMENTS YOU MADE A COMMENT THAT SOME OF THESE ARE BEING PURCHASED LESS THAN MARKET VALUE. THE FIRST COMMENTS THAT YOU MADE THE FIRST TIME I OWE JUST LESS THAN THIS PRICE SPENT ALL LESS THAN THE LIST PRICE IS A NORMAL MIGRATION THE I AM CONFUSED ABOUT IF IF SOMEONE WERE TO PURCHASE FROM YOU THEIR UNIT THE COVENANTS REMAIN IS THERE A RESTRICTION IN TERMS OF THE EQUITY THAT THEY CAN PULL OUT I KNOW WITH HABITAT THAT THAT'S THE CASE RIGHT THAT THERE IS A CERTAIN AMOUNT OF EQUITY OVER TIME THAT CAN BE FACTORED BUT THERE'S STILL NOTHING I'M AWARE OF NOW. OKAY.

UM, SECTION EIGHT VOUCHERS YOU MENTIONED SO IS IT MY UNDERSTANDING A SECTION EIGHT VOUCHER TO ADD TO THE HOUSEHOLD INCOME TO THE EXTENT REQUIRED BY LAW OF COURSE IS EVERY YOU KNOW, PROPERTY OWNER HERE INVESTMENT PROPERTY WOULD HAVE DONE THE SAME AS FAR AS I UNDERSTAND. ABSOLUTELY SO THEREFORE EVERY ONE THERE WAS A DENIAL THAT THIS IS PART OF THE SECTION EIGHT PROGRAMS THAT'S FAIR HOUSING.

EVERYBODY HAS BEEN ON THIS WHOLE ROOM OF THEY OWN A UNIT THAT'S NOT PARTICULARLY OUR PROGRAM. IT MAY NOT BE PARTICULAR TO YOUR PROGRAM BUT IT IS PART OF THE PROGRAM. I JUST WANT TO MAKE SURE THAT WE'RE CLEAR ON THAT WITH REGARD TO THE CHAMBER STATISTICS. WELL THE CHAMBER DOES A RESIDENT SURVEY I MADE THE SAME COMMENT THEM THAT I'LL MAKE TO YOU QUESTIONS IN A SURVEY ARE OFTEN ASKED GIVE YOU THE LEADING ANSWERS LEADING YOU TO THE ANSWERS THAT THEY HOPE TO GARNER AND CERTAINLY THERE IS A MUTUAL BENEFIT SEEING THE RESPONSES THAT YOU PUT UP BY BOTH THE CHAMBER AND CDC AND I DON'T WANT TO BELABOR A LOT OF THIS BECAUSE I DO HAVE OTHER QUESTIONS WHEN WE GET TO DISCUSSION AMONG COUNSEL BUT I DO FIND IT VERY DIFFICULT TO KNOW THAT HAD IT NOT BEEN FROM THE PUBLIC CONCERN THAT THESE COMMUNITIES IS WHERE THERE'S POTENTIAL FOR OR HAS BEEN IN FACT PURCHASES MADE BY CDC THAT THEY WOULD NEVER KNOW WE HAVE A HISTORY ON THIS ISLAND OF DOING THINGS THAT ARE NOT TRANSPARENT WE HAVE THE 2014 ALAMO BE RIGHT WOULD CHANGE THE DYNAMICS OF MANY COMMUNITIES AND NEIGHBORHOODS ON THIS ISLAND. WE HAD THE SITUATION ON JONES HILL WHERE WAS CLEAR CUTTING AND NO ONE KNEW WHAT WAS GOING ON BEFORE THE MAJOR DEVELOPMENT WAS GOING IN AND SO HERE WE ARE AGAIN WITH NEIGHBORHOODS BEING IMPACTED BY TRANSACTIONS THAT THIS COUNCIL IS UNDERTAKING WHICH IMPACT INVESTORS AND IMPACT OTHER HOMEOWNERS IN THOSE NEIGHBORHOODS. I DON'T THINK THAT WE COULD MOVE FORWARD UNLESS THIS COUNCIL COMMITS PRIOR TO APPROVAL THAT EVERYONE THE COMMUNITIES THAT ARE LISTED IN

[03:10:04]

PHASE ONE DETAILS OR ANY OTHER OF NEIGHBORHOODS IN THIS ON THIS ISLAND THAT ARE VULNERABLE TO HAVING RENT CONTROLLED TAXPAYER SUBSIDIZED HOUSING AS PART THEIR COMMUNITY ARE NOTIFIED IT IS ABSOLUTELY THE ONLY ANSWER TO BE AS TRANSPARENT AS POSSIBLE WITH THOSE NEIGHBORHOODS SO MENTIONED ONE THING WITH REGARD TO HUNDRED AND 20 TO 150 AND THAT WAS OUTSIDE OF THE THE MEMO THAT WE'RE LOOKING AT TONIGHT I MEAN A LITTLE BIT HOW THOSE GET FUNDED IF WE FIND A UNIT THAT IS GOING TO BE WE CAN MAKE PART OF OUR MODEL IT'S STILL MAKES THE RENTS WORK FOR A SEGMENT OF OUR WORKING POPULATION THE SUMMER BEFORE THE JASPER MONEY WE WANTED TO HAVE THAT HEADROOM TO GO UP 250% AND YOU TELL ME ALSO WITH REGARD TO I SEE HOW YOU LISTED OUT ALL THE EXPENSES IN THE DOCUMENT WHICH ARE NUMBERS WE CAN'T REFER TO THIS AFTERNOON I DON'T SEE THERE'S AN EXPENSE LISTED FOR SPECIAL ASSESSMENTS . I DON'T SEE WHERE THERE IS A A COST THAT CORRELATES TO TAXES WHEN IT DOES BECOME HUNDRED AND 2250 THERE'S NO TAXES IN THOSE ONES OR NONE OF YEARS WITH 120 IT GOES WRONG ABOUT 220%. SO THAT WOULD BE ELIGIBLE. THE PROPERTY TAX BALANCE NOTHING WITHIN YOUR PACKET TODAY HAS ANYTHING TO DO WITH 100, 100, 222 150 NOTHING IN MY WELL STILL WITH UNDER THAT THRESHOLD OF 120 I SEE NOTHING THAT IS OUTLINED TO PUT ASIDE MONEYS FOR SPECIAL ASSESSMENTS OR I SEE SOME BASIS 100% RENTAL ON AN ONGOING BASIS BUT IN YOUR DOCUMENTS YOU'VE MENTIONED THAT THERE IS A 60 DAY NOTHING SHOULD STAY AND RENTED FOR MORE THAN 60 DAYS SO WHAT IS THE MODEL ACTUALLY BASED ON IS WITH THAT PROVISION THAT THERE'S 60 DAY OPPORTUNITIES FOR 60 DAY WHERE THERE'S NO INCOME COMING IN TO YOU? YEAH. THE MODEL THAT YOU'RE LOOKING AT IS NOT THE ONE THAT WAS PROVIDED IN TODAY'S PACKAGE WHICH SHOWS A VACANCY RATE AND A LOSS OF EXPENSE.

AND SO THIS ONE ISN'T FOR YOU. THAT'S MORE THE ONE FROM AUGUST THAT'S GETTING AN INFORMATION INCORPORATED. RIGHT. AND THEREIN LIES ANOTHER PROBLEM BECAUSE THIS FACT CAME FROM THE PACKET THAT WE RECEIVED TODAY AS PART OF OUR DISCUSSION. SO I DON'T KNOW HOW MANY DIFFERENT CDS PACKAGES HAVE BEEN PRESENTED BUT I DON'T THINK WE CAN MAKE A DECISION IF WE DON'T HAVE THEM AND AFTER ONE AVAILABLE THAT'S BEEN BEEN PUT TOGETHER BY THE BY THE BOARD SO I COULD PUT IT BACK UP ON THE SCREEN I WANT IF THAT HELPS BUT I UNDERSTAND YOUR POINT AND SO THERE'S FEEDBACK AND I WOULD YOU LIKE ME TO PUT THAT MODEL BACK UP ON THE SCREEN THAT'S A VACANCY RATE I DON'T THINK THIS TIME BECAUSE I THINK YOUR POINT IS IS THAT THAT'S WHAT WAS IN OUR PACKET TODAY IT SHOULD HAVE BUT THE CURRENT ONE IN GOING BACK TO THAT NOW I'M NOT SURE WOULD BE AS HELPFUL SO I'M JUST GOING TO REITERATE BEFORE I LEAVE THIS ELLEN AND THERE AND AND WAIT FOR AN OPPORTUNITY FOR COUNCIL DISCUSSION AND DEBATE THAT THE REASON I MADE THE MOTION I DID IS THERE ARE TOO MANY QUESTIONS THERE'S TOO MANY UNKNOWNS THERE.

THERE'S LACK OF TRANSPARENCY TO THE RESIDENTS AND THE COMMUNITY ON THIS ISLAND.

THERE'S AN ISSUE WITH YOUR FIBER ONES WE SEE AND HOW IT WILL PERFORM IT AND I CAN MAKE A FURTHER LIST. THIS IS NOT READY FOR PRIME TIME.

ANY OTHER QUESTIONS FOR MR. WOLF FROM COUNSEL ELLEN I THINK I READ THAT THIS IS THE $600,000 WOULD BE A DRAW DOWN, CORRECT? OKAY.

SO WHAT DO YOU IN BROAD TERMS WHAT'S A DOWN PAYMENT? YOU'RE USING THIS MONEY ONLY FOR DOWN PAYMENT. WHAT ORDER IS 50,000 THERE BUT ONLY ONE UNIT I MEAN WHAT 40 TO 50% DOWN PAYMENT AS WELL. WHAT WOULD YOU AT THIS AT THIS MOMENT IN TERMS OF ACTUAL DOLLARS WHAT WOULD THAT AMOUNT ? AS A GENERAL RULE I'M JUST 50,050 SO THAT'S WHAT SIX UNITS 13 SO 50,000 THE 50,000 WHATEVER IT COMES OUT OF $46,000 PER UNIT AT A 20% ON AVERAGE. WHAT I'M GETTING AT BUT WHAT WOULD YOUR ABSORPTION RATE ON THAT TAKE DOWN BE? I'M DRIVING TO THE POINT ON THE

[03:15:05]

IDEA HOW MANY UNITS YOU EXPECT ABSORB OVER 12 MONTHS OR WE WE WOULD NOT BE ABLE TO HANDLE MORE THAN ONE A WEEK OR 52 A YEAR. OBVIOUSLY THAT'S KIND OF THE MAX OF THE NUMBER IT WELL THAT DOESN'T HELP ME BECAUSE YOU'VE GOT A BIG NUMBER THERE WHERE I WAS HEADED WITH THE DRAW DOWN WAS IF IF YOU'RE DRAWING DOWN AT A SLOWER RATE THEN WE THE COUNCIL WOULD BE ABLE TO ASCERTAIN NOW OVER TIME THAT THAT ISSUE OF MONEY THAT THE WE NORMALLY EXPECT TO THAT'S AND I UNDERSTAND THE QUESTION TO A MINIMUM OF 12 WEEKS A MAX UP I WOULD SAY 24 WEEKS. THANK YOU. THAT ANSWERS A QUESTION BUT NOT THE WAY I THOUGHT IT WOULD. THANK MR. VAN AS WELL IN THE JOB MODEL DOES INCORPORATE THE OPPORTUNITY FOR HOME OWNERSHIP AND OBVIOUSLY THAT IS VERY IMPORTANT TO ALL OF US IN THIS COMMUNITY. HOWEVER YOU MOST CASES YOU DO HAVE TO RENT BEFORE YOU AND AS I UNDERSTAND YOU HAVE SORT OF RUN ACROSS FHA LENDING OR OTHER LENDING THAT MAY BE JEOPARDIZED BASED ON THE CRITERIA OR QUALIFICATIONS WHERE A COMPLEX WOULD HAVE TO A CERTAIN RATIO OF OWNER OCCUPIED . AND AS I UNDERSTAND YOU ARE WANTING TO DO DILIGENCE HANDLE THAT WOULD YOU BE OPPOSED TO INCLUDING VERBIAGE IN THE WILL YOU TO ADDRESS THAT WELL THANK YOU PRICING NO THINK FIRST OF ALL THANK YOU SIR.

MR. SANFORD, I THINK FOR MR. WOLF I THINK YOUR QUESTIONS HAVE BEEN THOROUGH AND ANSWERED AND I'M READY TO MOVE FORWARD RIGHT. THERE WAS ONE OTHER POINT THAT WAS IN YOUR PRESENTATION THAT THE WORKFORCE FORCE SO YOU PROBABLY MET STEVE AND JUMPED IN. MY APOLOGIES, STEVE. NO, HE MEANT HE MADE YOU DID YOU? OH, THERE YOU GO. OKAY.

DIFFERENT I KNOW WE ARE IN FACT WE ARE BUT REGIONAL IT WAS ONE OF YOUR FIRST SLIDES IN FACT I THINK IT WAS FIRST SLIDE THAT THIS HOUSING IS FOR REGIONAL AND OUR MISSION OUR MISSION IS TO SERVE THE REGIONAL WORKFORCE. EVERYTHING WE'VE TALKED ABOUT TONIGHT IS HELPING THOSE SPECIFIC AND SO HOW ARE WE ASSURED THAT THE EVERYTHING WE'VE TALKED ABOUT TONIGHT EVERYTHING THAT'S WITHIN THE MEMO YOU EVERYTHING THAT YOU GUYS PUT TOGETHER UNDERSTANDING THE EFFORT AND CONCERN AND THE HEARTFELT DESIRE TO MAKE A DIFFERENCE GETTING ALL THAT HOW WE ASSURE THAT THE DOLLARS ARE ONLY SPENT HERE ON HILTON HEAD OR ARE YOU POINTS OUT THAT THEY MUST BE USED ONLY FOR UNITS ON HILTON AROUND RIGHT BUT YOU KNOW THERE WAS A QUESTION THAT WAS RAISED DURING ONE OF THE COMMITTEE MEMBERS COMMITTEE MEETINGS WHEN EMPOWERED AND THE TOPIC OF SPENDABLE FUNDS CAME UP AT WASN'T ANSWERED VERY VULNERABLE I'M SORRY BUT CAN BE PUT IN ONE ACCOUNT AND MOVED AROUND AND USED IN A VARIETY DIFFERENT PLACES OF ALL LET IT GO APART. I'M NO RESPONSE FOR ASSURANCE THAT THERE AN ANSWER JUST I DON'T KNOW IF I EVEN CAN ANSWER THE QUESTION FIRST.

SO THE AGREEMENT PROVIDES FOR PAYMENT ON A DRAWDOWN BASIS WHICH MEANS THEY SUBMIT THE INFORMATION UPFRONT DEMONSTRATING COMPLIANCE WITH THE PROGRAM ONLY AFTER REVIEW AND APPROVAL OF THAT DOCUMENTATION TO ISSUE PAYMENT. AND THEN THERE'S ALSO AN ANNUAL REPORTING REQUIREMENT TO DEMONSTRATE AND SHOW HOW THAT MONEY WAS SPENT SO MONEY IS FUNGIBLE TO SOME EXTENT BUT IN THIS CASE IS GOING TO BE TRACKED FROM BEGINNING AND PART FOR THE TERMS OF THE MEMO I HAVE SOME QUESTIONS ABOUT THAT SPECIFICALLY WHEN WE GET THERE.

THANK YOU, ELLEN. I KNOW THAT YOU GUYS ARE WORKING HARD.

I DO KNOW THAT THE EFFORT THAT YOU HAVE PUT IN ACROSS THE BOARD ON TRYING FIND SOLUTIONS IS WELL INTENTIONED THANK YOU I JUST DO NOT THINK THAT THIS PROGRAM IS READY I OFFERED YOU

[03:20:04]

COMMENT AND QUESTIONS FOR HIM AND NO QUESTIONS OR COMMENT OKAY.

ALL RIGHT. IF THERE ARE NO MORE QUESTIONS FOR MR. WOLF THEN WITH US YOU CAN RELAX YOU WE'VE ALREADY GOTTEN THROUGH THE PUBLIC SO NOW WE'RE BACK TO THE DIAS THIS SO QUESTIONS COMMENTS FROM COUNSEL ALFRED FIRST OF ALL I WANT TO THANK THE PEOPLE WHO HAVE MADE COMMENTS TO US HERE TODAY AND PREVIOUSLY OVER THE LAST FEW MONTHS THEY ARE HELPFUL AND MY MIND IN SORTING THROUGH THE ISSUES AND I THINK THEY'VE BEEN VERY HELPFUL TO THE DC PEOPLE AND OUT AREAS THAT MAY NEED FURTHER ATTENTION SO I'M OF THAT MARY MENTIONED JUST A COUPLE OF POINTS MR. BECKER RAISED THE QUESTION OF WHETHER THIS REALLY IS A 501C3 ORGANIZATION AND PARDON IT'S NOT WHAT I SAID THEY IN FACT HAVE HAD THEIR DESIGNATION IS THAT'S NOT CONCERN I BELIEVE THAT THE I URGE THE CC DC PEOPLE TO CONSULT LEGAL COUNSEL. I BELIEVE THE COMMENT MADE EARLIER IS ABOUT PREFERENCE OR DONORS IS NOT CORRECT IN THE LANGUAGE OF THE INTERNAL REVENUE CODE SAYS NO PORTION OF THE NET PROFITS SHALL HONOR ANY PRIVATE BENEFIT INTEREST. I THINK WE ALL SEE IN WHICH DONORS RECEIVE BENEFITS WHAT THEY DO AND MOST CHARITABLE ORGANIZATIONS OF ONE KIND OR ANOTHER FREQUENTLY OFFER SOMETHING IN RETURN FOR A CONTRIBUTION.

THAT'S A DIFFERENT QUESTION. SO I ENCOURAGE YOU TO PURSUE THAT BUT I DON'T THINK THERE'S A TAX PROBLEM HERE NUMBER TWO, IT IS DIFFICULT FOR ALL OF US THAT THERE IS NO HISTORY BEHIND THIS ORGANIZATION THAT MAKES EVERYBODY UNCOMFORTABLE TO ENTERTAIN.

BUT IF IN FACT WE HAD TO REQUIRE THAT EVERY ORGANIZATION HAVE A HISTORY THEN WE'D NEVER TRY ANYTHING NEW. THIS IS A CHALLENGING AND COMPLICATED PROBLEM AND WE WOULD LIKE THE PRIVATE SECTOR TO BE ABLE TO SOLVE IT ON OWN BUT IT'S VERY CLEAR THAT THAT IS NOT POSSIBLE. THERE NEEDS TO BE A VARIETY OF EFFORTS TO DEAL WITH THIS PROBLEM. AC DC HAS COME ALONG WITH AN IDEA THAT NEW AND DIFFERENT WE CAN'T DISMISS IT SOLELY BECAUSE IT'S NEW AND DIFFERENT. THE ROLE OF THE PUZZLE IN MIND IS VERY SIMILAR TO THE ROLE OF A CEO OF ANY ORGANIZATION THEY MAKE DECISIONS ABOUT NEW PLANT OFFERINGS, OPENINGS, ACQUISITIONS OR WHATEVER ELSE MANAGEMENT OF A BUSINESS CORPORATION HAS TO DECIDE WHAT LEVEL OF RISK THEY ARE GOING TO UNDERTAKE WHEN THEY HAVE BEEN PRESENTED IN LESS THAN THE FULL FACTS AND MANY SITUATIONS WHERE THOSE DECISIONS MADE THEY DON'T HAVE ALL THE FACTS BECAUSE CAN'T GATHER ALL AT THAT PARTICULAR POINT SO IN THE BUSINESS WORLD THE MANAGEMENT MAKES BASED ON EVALUATION OF THE RISK AND WHAT LEVEL OF RISK THEY'RE WILLING TO TAKE IN THE MUNICIPALITY HERE THAT DECISION BELONGS COUNCIL SO WE HAVE TO MAKE A DECISION BASED ON HOW MUCH RISK WE ARE WILLING TO UNDERTAKE.

I A NEW PROJECT ALL RIGHT THANK YOU COMMENTS SIR FIRST OF ALL AND I AGREE WITH MR. ALFRED AND THANK EVERYONE FOR THEIR COMMENTS AND EMAILS ETC. I DID MENTION BEFORE AND I'LL MENTION AGAIN THAT OUR FINANCE ADMINISTRATIVE COMMITTEE IS CONSIDERED AND THE OTHER PROPOSALS TONIGHT AND THAT'S WHEN THEY HAD THREE MEETINGS AND THEY GRILLED THEM AND

[03:25:02]

DRILLED DOWN EVERY LINE IN AND OUT OF YOU AND I THANK THE FINANCE ADMINISTRATIVE FOR THEIR HARD WORK WITH THAT THEY ALSO HAD PUBLIC COMMENTS FROM THOSE MEETINGS ALL OF THEM OF THAT COMMITTEE EITHER ATTENDED THOSE MEETINGS OR ONLINE.

SO IN LOOKING AT IT IT'S ALREADY BEEN POINTED TO DRAW DOWN BASIS.

SO CBC HAS TO PROVE THAT THEY'RE USING IT BASED ON THE REQUIREMENTS BEFORE THEY ANY MONEY SO COULD I JUST NOTICED THE TERMINATION PROVISION SO THERE IS A RIGHT TO TERMINATE THE MOU YOU IF EITHER PARTIES IN DEFAULT AND THE DEFAULTING PARTY FAILS TO SECURE CORRECT WITHIN 14 DAYS OF NOTICE. NOW THAT'S A SHORT TIME PERIOD TO CARE OR TO SET A SECURITY DEFAULT SO THAT'S A THAT'S TO OUR BENEFIT. ADDITIONALLY EITHER OF THE PARTIES MAY ELECT TO TERMINATE FOR CONVENIENCE WHICH WITHOUT CAUSE SO IT'S PRETTY PRETTY STRICT SO NOTWITHSTANDING LACK OF LENGTHY THERE'S SOME PRETTY TIGHT CONTROLS THERE AND I THINK THAT THE FINANCE MINISTRY OF COMMUNITY SHOULD BE COMMENDED FOR LOOKING AT IT FROM THAT POINT OF VIEW. SECONDLY REGARD TO WORKFORCE HOUSING I'VE SAID IT BEFORE I'LL SAY IT AGAIN THERE'S LOTS OF DIFFERENT WAYS THAT NEED TO BE USED TO TO ADDRESS WORKFORCE HOUSING NO. ONE THING IS GOING TO DO IT AND WE HAVE TO AGREE WITH MR. ALFRED THERE ARE GOING TO BE SOME KIND OF OF PROPOSALS THAT COME TO US AND WE HAVE TO CAREFULLY CONSIDER THOSE AND I THINK HAVE IN THIS CASE AND IN OTHER CASES I I APPRECIATE CONCERNS OF COMMUNITIES ABOUT BUYING UNITS WITHIN THEIR COMMUNITY BUT ALSO I FEEL LIKE THAT THOSE COMMUNITIES WOULD BE CONCERNED INVESTORS COMING IN AND BUYING UP FOR SHORT TERM RENTALS AND IT'S BEEN POINTED OUT IN OUR HOUSING IMPACT ANALYSIS AND IN RECENT RECENT CONDITIONS AND TRENDS ASSESSMENT THERE IS A WAY TO PUT ON A LOT OF OUR RESIDENT COMMUNITIES BY A NUMBER OF SHORT RENTALS. SO THIS DOES CREATE LONG TERM HOUSING AS OPPOSED TO SHORT TERM RENTALS. SO I THINK THAT'S TO BE COMMENDED. WELL ON THE 99 YEAR TERM I THINK THAT'S THAT THAT I'M GLAD THEY'RE LEARNERS WILL SUPPORT THAT BUT I'M GLAD TO SEE THERE'S A STRONG COMMITMENT TO WORKFORCE HOUSING IN THIS PROPOSAL AND TO IT BEING LONG TERM.

I ALSO APPRECIATE THE EQUITY ABILITY OF THOSE WHO ARE RENTING TO BE ABLE TO USE A PORTION OF THEIR ANNUAL RENTAL INCOME OR ANNUAL PAYMENTS USE TOWARDS PURCHASE OF THOSE UNITS. THAT'S TO BE COMMITTED AS WELL. SO I SEE A LOT OF POSITIVE AND AND I AM ALONG WITH MR. ALFRED WILLING TO TAKE THIS RISK I DON'T THINK IT'S A HIGH RISK AM A FISCAL CONSERVATIVE I'VE LOOKED AT THIS VERY CAREFULLY I DON'T PRETEND TO UNDERSTAND ALL FINANCIAL MODELS IN THE WORLD BUT I DO UNDERSTAND THE PRINCIPLE OF MAKING SURE THAT YOU USE YOUR MONEY FOR THE BEST . AND THE OTHER FACT IS THAT THERE ARE FOLKS IN THIS COMMUNITY WHO HAVE STEPPED UP ALREADY AND PROVIDED DONATIONS OR COMMITMENTS TO DONATIONS FOR THIS PURPOSE AND OUR COMMUNITY MEMBERS WHO'VE DONE THAT AND READY TO DO THAT ARE ALSO TO BE COMMENDED AND IT WAS MENTIONED THAT ONE INDIVIDUAL HAS GIVEN $500,000 TOWARDS THIS EFFORT. WELL, THAT IS THANK YOU. AND I THINK ALL OF THOSE WHO ARE GOING TO STEP UP TO THE PLATE AND DO SOMETHING AND ACTUALLY HAVE DONE SOMETHING ABOUT HOUSING BECAUSE THERE IS A TRACK RECORD OF HAVING DONE AND WE'RE LOOKING AT THAT AS WELL AND FOR THAT REASON I AM GLAD TO SUPPORT THIS MEMO. YOU THANK YOU AND COMMENTS FROM COUNSEL I'M SURE AND I KNOW THAT IT'S GOING LIKE BUT WHERE DOES THE MODEL WE'RE IN WHERE THE GRANT ASSUMED TO BE 600,000 A YEAR FOR THE NEXT FIVE YEARS WHERE DOES THAT $600,000 AMOUNT FIT INTO YOUR MODEL YOUR FINANCIAL MODEL? IT'S A ONE TIME REQUEST $600,000. MAYOR PERRY ASKED ME AT SOME POINT OVER THE LAST SIX MONTHS ARE YOU COMING BACK FOR MORE? WHAT'S YOUR EXPECTATION? THE ANSWER WAS ONLY WE'RE SUCCESSFUL AND IF WE'RE NOT WE FOLLOW A PHRASE THERE'S NO COMMITMENT BEYOND THE FIRST SIX AND DOES NOT UNDERSTAND UNDERSTAND THAT THERE'S ALSO LOOK BACK TO LAST YEAR'S BUDGET WHICH IS PROBABLY NOT IT BUT IT'S A YEAR IT WOULD BE REGARDLESS RIGHT WE'RE NOT

[03:30:07]

WE'RE NOT GUARANTEEING IT'S AN AFFILIATED AGENCY APPLICATION THAT'S REQUIRED EVERY YEAR.

THERE'S NO GUARANTEE. THERE'S NO GUARANTEE. SO THAT'S MY QUESTION.

IF IF YOU WEREN'T TO RECEIVE $600,000, IF YOU WERE TO RECEIVE HUNDRED THOUSAND DOLLARS, HOW DOES THAT FIT INTO YOUR FINANCIAL MODEL WORKING $20,000 WOULD LIKELY BE AT A 12 UNIT PURCHASE MODEL BUT A FOUR UNIVERSE MODEL OR WHATEVER THE MATH IS IT WOULD BE PROPORTIONATE AND WE WOULD ONLY REDUCE THE NUMBER OF HOMES YOU WOULD TAKE OFF OF THE MARKET OR ANYONE ELSE OR FORCE US TO LEAN HEAVIER ON ALTRUISTIC CAPITAL BANK LOANS, OTHER SOURCES OF FUNDING. SO ONE OF THE QUESTIONS I DIDN'T GET ANSWERED BEFORE IF YOU ANSWERED ME I CAN'T REMEMBER I WROTE DOWN THE ANSWER SO I'M SORRY.

WHERE DO THOSE ALTRUISTIC INVESTORS GET THEIR 3%? AND I BET IT WAS ON AN ANNUAL BASIS SO IT'S AN ANNUAL RETURN. IT'S A UNSECURED PROMISSORY NOTES.

WHAT'S INSTRUMENT AND IT COMES FROM THE REVENUES MINUS EXPENSES LEAVES CASH TO PAY THE BANK MORTGAGE AND CASH TO PAY A 3% RETURN ANNUALLY A BELOW MARKET RETURN FOR THOSE ULTRA OF CAPITAL FUNDS. SO YOU MADE A COMMENT ABOUT 40% DOWN PAYMENTS PEOPLE HAVING TO MAKE 40% DOWN PAYMENT. WHERE IS THAT? THAT WAS ONE OF THE MYTHS THAT HAS BEEN CIRCULATING THAT IT'S CHEAPER TO A HOME THAN TO RUN FROM THE CDS AND THEY USED TO 40% DOWN PAYMENT FIGURE IN THAT IN THEIR MATH AS WE'VE HEARD FROM THE FOLKS OVER IN I THINK MORE SIDE THAT THEY HAVE WORKED MAYBE IT WAS OTHER COMMUNITY THAT THEY WORKED REALLY HARD TO POSITION THEMSELVES WAS YOUR COMMUNITY BEST POSITIONED WOULD LIKE TO POSITION THEMSELVES WHERE THEY CAN TAKE THEIR INTEREST IN PURCHASING AND FOLKS ARE ABLE TO GET TWO AND 3% INTEREST RATES WHICH IF YOU WERE TO DO THE BEST ALLOWS FOR HARDWORKING PEOPLE TO DO EXACTLY WHAT WE ALL WORK HARD TO DO WHICH IS TO PROVIDE FOR OURSELVES AND NOT LOOK FOR GOVERNMENT HANDOUTS OR SUBSIDIES TO TO ACHIEVE THE AMERICAN DREAM SO.

SO THAT'S AN OPPORTUNITY THAT WILL BE LOST BY THE FACT THAT IF YOU WERE TO HAVE $600,000 AND PURCHASE GREATER NUMBER OF HOMES, THOSE HOMES BEING TAKEN OFF THE MARKET AND WE DON'T PRODUCE THOSE HOMES HERE ON HILTON HEAD VERY MUCH ANYMORE ANYWAY SO BECOMES PROBLEMATIC FOR THOSE PEOPLE WHO ARE WORKING HARD EVERY DAY LIKE CAITLIN IF SHE'S STILL HERE SHE AND THE AMOUNT IN 15 YEARS HAVING JUST GRADUATED COLLEGE WORKING REALLY HARD AND PUTTING YOU KNOW THE EFFORT IN WAS ABLE HER HOME I THINK THAT STORY IS THE AMERICAN FOR HER DOING THAT SO THOSE ARE SOME OF THOSE SPECIFIC QUESTIONS THAT I HAD THROUGHOUT THE DOCUMENT DOES IT SAYS THINGS THANK YOU FOR TELLING IT SAYS THINGS LIKE THE TOWN YOU KNOW AND MAKE ASSESSMENTS AND I THINK AGAIN ASK THE SAME QUESTION FROM THE TOWN AND UNDER DIRECTION ETC. IT WAS A FLY ON MARK SHOULDERS ON YOUR SHOULDERS AND A COMBINATION OF SHOULDERS. THIS COUNCIL OBVIOUSLY DO WE GET TO APPROVE IT OR WE KEPT OUT OF THE LOOP OF WHAT HAPPENS NEXT AND RESTATE QUESTION FOR ME THAT WAY I MAKE SURE I COVER ALL ASPECTS OF THE DOCUMENT WHERE THERE ARE PLACES WHERE IT SAYS YOU KNOW JUST OUT OF THE OTHER THINGS WITHOUT BEING SPECIFIC YOU CAN COME BACK FOR APPROVAL TOWN APPROVAL HOW DOES THAT HAPPEN AFRICANISM IS INVOLVED SO IF IT REFERENCES TOWN APPROVAL TYPICALLY THAT'S WITH REGARDS TO MODIFICATIONS TO THE LANGUAGE OF THIS DOCUMENT THAT IS TOWN COUNCIL.

SO YOU ARE THE PARTY THAT IS APPROVING THIS WHICH MEANS THAT ANY AMENDMENTS TO THAT DOCUMENT NEED TO BE WITH YOUR SAME CONSENT AND APPROVAL AS SO CHANGES TO THE AREA, MEDIAN INCOME CHANGES TO OTHER PROGRAM ELEMENTS THOSE WOULD HAVE TO COME BACK VIA AN AMENDMENT IN ORDER TO BECOME PART OF THIS DOCUMENT YOU FOR THE ANSWER SO ALAN MADE THE COMMENT THAT 65% OF WEALTH IS BUILT ON HOME OWNERSHIP DON'T LOSE SIGHT OF THAT AS YOU'RE MAKING YOUR

[03:35:01]

DECISIONS VOTE ON HOMEOWNERSHIP AND WEALTH ATTAINMENT VERSUS TAXPAYER SUBSIDIZED HOUSING DON'T LOSE SIGHT OF THE FACT THAT WE'RE NOT TALKING ABOUT NECESSARILY FAMILY AS NO MATTER HOW YOU FAMILIES IN THE SENSE OF TRADITIONAL OF BLOOD MARRIAGE EXTENDED FAMILY ADOPTION EVEN AND THOSE TYPES OF THINGS BUT RATHER HEARTBEATS AND I KNOW ALAN WHEN WE MET ONCE YOU MENTIONED TO ME IN A TWO BEDROOM UNIT THAT I BELIEVE YOU ALL PURCHASED DECEMBER 28 OF 2023 THEREABOUTS THAT IT WAS A TWO BEDROOM IN GOOD SHAPE AND YOU WERE LOOKING TO PUT IT OUT AND YOU WERE ADVERTISING IT FOR 20 $200 A MONTH IF I REMEMBER THE CONVERSATION CORRECTLY AND I THINK I DO AND I ASKED YOU OUT BECAUSE WE MET SOMETIME 17 DAYS LATER 1617 DAYS LATER AFTER THAT PURCHASE AND I ASKED YOU HOW LONG DID IT TAKE YOU TO FILL THAT WITH ALL OF THE LINES OF PEOPLE WHO WERE WAITING TO COME IN AND IT HASN'T YET BEEN FILLED 17 DAYS LATER AND I ASKED YOU WHERE ALL THE PEOPLE WERE WHO WERE SLEEPING ON AND REST AND YOU WERE HAVING TROUBLE FINDING THEM. THEY MIGHT BE OVER ON THE OTHER SIDE OF THE BRIDGE SO THIS IS A PROBLEM THAT IS LOOKING OR SOMETHING OF A SOLUTION IF THAT'S THE CASE IF THAT'S THE CASE AND THAT WOULD BE FOUR HEARTBEATS THAT YOU WERE LOOKING FOR TO FILL THAT SPACE THAT COULDN'T BE FOUND IN A QUICK MANNER. SO I'M CONCERNED THAT I'M ALSO CONCERNED THAT AT THAT SAME MEETING I BELIEVE I SHOWED YOU A LISTING OR A SIMILARLY POSITIONED TWO BEDROOM VILLA THAT WAS BEING RENTED PRIVATELY AND THAT RENT WAS 1800 DOLLARS 000 I'M NOT SURE HOW SMART CC MODEL AND PROJECTED RENTS ETC. REALLY SERVES THE COMMUNITY WELL IF SOMEONE OFF THE STREETS GO INTO ANY PRIVATELY RENTED VILLA POSITIONED WELL-KEPT ETC.

AND RENTED FOR LESS MONEY THAN TO BE RENTING IT THERE THERE ARE OTHER CONCERNS WITH REGARD TO IT'S SO ONE YOU HAVE TO WHEN YOU ARE APPLYING SO YOUR YOUR CONTRACT AS IT WERE TO OF EMPLOYMENT HERE ON THE ISLAND AND THEN IT'S A YEAR LATER BEFORE THAT HAS TO BE CERTIFIED DOES THE TOWN RECEIVE AN AFFIDAVIT INDICATING LIKE WE DO OVER AT OF OVERALL SO GARDINER DRY MOUTH MATARA WHAT'S THAT WHAT'S THE MECHANISM SO FEED BACK TO US I DON'T SEE ALL OF THOSE SPECIFICS HERE AND WHEN ANYONE WHO KNOWS ME KNOWS THAT I WANT SPECIFICS AND DETAILS I DON'T WANT THESE LOOSE ENDS HANGING OUT THERE AND THEN IT'S DECIDED ON SOMETIME LATER AND IT WASN'T PART OF OUR CONSIDERATION. IT'S LIKE I'M GOING TO ASK YOU BEFORE I'M BUT I THINK I'VE MADE MY POINT THANK YOU THANK YOU SO SO I'M GOING TO LOOK AT AT IT THROUGH A LITTLE DIFFERENT LENS. I'VE HAD LOTS OF CONVERSATIONS WITH FOLKS FROM TO UNDERSTAND THE INS AND OUTS AND I'VE BEEN VERY, VERY HONEST WITH MR. WOLF AND OTHERS ABOUT WHERE I SEE ISSUES AND THE PROBLEMS THAT I SEE MR. BROWN BROUGHT MORE TO BUILD ON EARLIER AND TO KIND OF EXPLAIN THAT IN GENERAL TERMS. CONDOMS CONDOMS AND ASSOCIATIONS AND THERE IS SOMETHING CALLED WARRANT ABILITY VERSUS TO BUILDING AND THERE ARE A LOT OF DIFFERENT ELEMENTS THAT GO INTO A PROJECT BEING WARRANTED IF YOU WANT TO HAVE FINANCING FROM FHA VA FANNIE MAE FREDDIE MAC PENNYMAC YOU'VE GOT TO BE WORKABLE CONDO ASSOCIATION A COUPLE OF CAVEATS THAT ARE IN THERE.

ONE IS YOU'VE GOT HAVE A GOOD RESERVE TOO. YOU'VE GOT TO HAVE EVERYBODY PAYING ON TIME. WE GOT TO HAVE A PERCENTAGE THAT'S ACCEPTABLE OF PRIMARY HOMES, SECOND HOMES, INVESTMENT PROPERTIES AND WHAT WE'RE TALKING ABOUT TODAY IS AN INVESTMENT PROPERTY. IF ANY OF THOSE GET OUT OF WHACK THEN YOUR FHA VA ENEMY FREDDIE MAC FINANCING IS GONE. THAT'S A PROBLEM WHAT ARE WE CREATING WITHOUT THE CONTROLS AND YOU CAN MAKE CERTAIN THAT DOESN'T HAPPEN. THAT'S AN ISSUE THAT I HAVE.

IT'S THE UNINTENDED CONSEQUENCE. SO THAT'S A REAL ISSUE AND AS

[03:40:05]

IT WAS STATED EARLIER IT TOOK THREE YEARS WOULD LIKE TO BE APPROVED FOR FHA FINANCING.

THERE ARE ONLY TWO PROPERTIES ON HILTON HEAD THAT ARE YES YOUR PROPERTIES ARE NON WALKABLE WHICH COMES WITH A HIGHER INTEREST WHICH COMES WITH A LARGER DOWN PAYMENT COMES MORE UNDERWRITING MORE CRITICAL. SO FOR SOMEBODY THAT IS LOOKING TO PURCHASE A HOME THEY CAN'T AFFORD THE THREE AND A HALF PERCENT DOWN OR EVEN 100% FINANCING IF THEY GET FUNDING FROM SOUTH CAROLINA HOUSING IT'S NOT GOING TO HAPPEN BECAUSE IT'S NOT MORE AFFORDABLE. THAT'S A CONCERN BECAUSE WE TALK ABOUT WEALTH, WE TALK ABOUT BUILDING AND MAKING CERTAIN THAT OUR COMMUNITIES ARE PROTECTED JUST AS THE OPPORTUNITY NOT OUR COMMUNITY. SOME OTHER CONCERNS I HAVE I WOULD LIKE TO SEE THAT OUR 20% OR $46,000 ON AVERAGE PER UNIT GOES TO MORE THAN ONE UNIT.

WE TALK ABOUT $600,000 AND WE TALK ABOUT 1213 UNITS. I THINK THAT MONEY SHOULD GO FURTHER. I THINK THE ALTRUISTIC INVESTORS HAVE A BIGGER STAKE IN THE GAME THAN WE SHOULD IS OUR CLIENTS DO IT. I KNOW THAT YOU'RE TRYING TO GET IT UP AND RUNNING BUT FROM A STANDPOINT OF WELL I'M GOING BACK TO DAYS UNITED WAY.

I DON'T CARE FOR FUNDING WE TURNED GROUPS DOWN THAT WERE DOING GREAT THINGS BECAUSE THEY WERE SO NEAR HISTORY WASN'T THERE AGAIN BEING FISCALLY RESPONSIBLE THOSE FUNDS WE NEED A TOOLBOX THAT WORKS FOR HOUSING AND THERE ARE QUESTIONS THAT I HAVE WITH THIS MEMO TO AS THE STATES RIGHT NOW AND WHAT HAS BEEN BROUGHT TO US THIS EVENING THE QUESTIONS ABOUT THE 523 ASPECT AND HOW THAT WORKS IS IT MEETING THOSE REQUIREMENTS I CAN'T VOTE YES TO MOVE FORWARD BECAUSE I DON'T HAVE THIS NEW TO THIS UP TO THESE QUESTIONS.

SO I'M ABOUT THAT AND THAT'S MY INPUT. I'M JUST TRYING TO BE COMPLETELY TRANSPARENT WITH EVERYBODY AS TO I'M THINKING AND WHAT MY HISTORY IS AND WHAT MY CONVERSATIONS WITH WHAT THE GROUP HAS BEEN. WE'VE HAD GREAT PLACES MAN HAVE THEY PUT WORK IN AND I APPLAUD EVERYTHING THAT THEY HAVE DONE .

MAY I HAVE A MOTION THAT CAN MAKE THAT INCLUDES A COUPLE OF AMENDMENTS THAT TOUCH ON WHAT YOU JUST SAID. YOU HAVE READ THE MOTION. YES.

MOVE COUNCIL ADOPT RESOLUTION AUTHORIZE THE EXECUTIVE EXECUTION OF A MEMORANDUM OF UNDERSTANDING WITH THE COASTAL COMMUNITY DEVELOPMENT TO SUPPORT WORKFORCE HOUSING WITH THE ADDITION OF TWO AMENDMENTS ONE SEEK WILL INITIATE AN ASSURANCE THAT THE PURCHASE WILL WITHIN COMPLEXES DO NOT JEOPARDIZE AND ASSOCIATIONS ABILITY TO BE ELIGIBLE FOR FHA AND OTHER FUNDING OPPORTUNITIES IN SECOND CITY CDC IS IN COMPLIANCE WITH FEDERAL TAX LAWS BETWEEN FIVE AND OWNS THREE ORGANIZATIONS. IS THERE A SECOND ON THAT? I DISCUSSION WHAT TO THE TRANSPARENCY THERE ARE ONLY TWO COMMUNITIES HERE LISTED ON THE ISSUES THAT ARE TARGETS PURCHASE I COULD SAY THERE HAVE BEEN NOTIFIED SUFFICIENTLY TO FEEL THAT THEY OR MAYBE THEY DON'T KNOW AT ALL AND COME FORWARD AND EXPLAIN TO US WHY IT IS THAT THEIR COMMUNITY NOT INTERESTED IN PARTICIPATING THE TRANSPARENCY THIS COUNCIL THE FIDUCIARY RESPONSIBILITY THE HOLDING TO OUR OWN RULES AND REGULATIONS WITH REGARD TO A AFFILIATED AGENCY ARE BEING VIOLATED. OTHER COMMENTS PLEASE JEFFREY WOLF DO YOU HAVE ANY COMMENTS OR RESPONSES THE TWO AMENDMENTS TO THE THANK YOU AND ANY OTHER COMMENTS FROM COUNSEL BIG BIG NONE WILL CALL FOR ALL THOSE IN FAVOR PLEASE SIGNIFY BY RAISING YOUR RIGHT HAND ALL THOSE OPPOSED PLEASE SIGNIFY BY RAISING YOUR RIGHT HAND SO THAT IS FIVE THE TWO MOTION CARRIES . SO WITH THAT BEING SAID IT'S BEEN A LONG, LONG EVENING. WE'RE GOING TO TAKE A FIVE MINUTE BREAK AND WE'LL BE BACK IN 655. OUR INVESTOR SESSION BACK TO ORDER AND LET'S

[10.f. Consideration of a Proposed Amendment to the 2021 Community Development Block Grant (CDBG) Annual Action Plan to Include Land Acquisition Costs as an Eligible Activity to be Funded with the 2021 Community Development Block Grant (CDBG) Allocation - Marcy Benson, Senior Grants Administrator]

SEE NEXT UP ABOUT THE CONSIDERATION OF PROPOSED AMENDMENT TO THE 2021 COMMUNITY DEVELOPMENT BLOCK GRANT CITY CDBG ANNUAL ACTION PLAN TO INCLUDE LAND ACQUISITION COST

[03:45:02]

AS AN ELIGIBLE ACTIVITY TO BE FUNDED WITH THE 2021 COMMUNITY DEVELOPMENT BLOCK GRANT ALLOCATION OR SUBMIT IT EVENING THE RECORD MY NAME IS MARCY BENSON SENIOR GRANTS ADMINISTRATOR FOR THE TOWN AND BEFORE YOU TONIGHT IS A STAFF REQUEST FOR COUNCIL TO SUPPORT ADVANCING A SUBSTANTIAL AMENDMENT TO THE 2021 COMMUNITY DEVELOPMENT BLOCK GRANT ACTION PLAN THAT WOULD INCLUDE USING LAND ACQUISITION COSTS AS AN ELIGIBLE ACTIVITY UNDER THE HUD PROGRAM FOR THE PATTERSON PARK PROJECT. SO I'LL BE HAPPY TO ANSWER ANY QUESTIONS COUNCIL MEMBERS MIGHT HAVE. OKAY.

ANY ANY OTHER COMMENTS REGARDING THIS ITEM SAYING NOTHING WILL BRING THEM BACK TO THE DAYS OF A OKAY IF THE COUNCIL APPROVES THE PROPOSED AMENDMENT TO THE 2021 COMMUNITY DEVELOPMENT BLOCK GRANT AND YOUR ACTION PLAN TO INCLUDE LAND ACQUISITION COST AS AN ELIGIBLE ACTIVITY TO BE FUNDED WITH 2021 BLOCK GRANT ALLOCATION WILL HAVE A SECOND SECOND ROUND IT ANY DISCUSSION SEEING NONE WHEN WELL OKAY ALL RIGHT WITH WHOM WE'VE HAD A LONG RELATIONSHIP SO I'M NOT SAYING THAT ALL FAVORABLY SIGNIFY BY RAISING YOUR RIGHT HAND IT IS 7 TO 0 THANK YOU. THANK FIND THAT WE HAVE THE CONSIDERATION OF AN ORDINANCE

[10.g. Consideration of an Ordinance to Amend Title 16 of the Municipal Code of the Town of Hilton Head Island, the Land Management Ordinance, to Amend Floor Area Ratio Requirements within the Forest Beach Neighborhood Character Overlay District - First Reading - Missy Luick, Director of Planning ]