SOUTH LAKE TAHOE, Calif. — The South Lake Tahoe Metropolis Council will talk about the opportunity of committing mortgage cash for the Sugar Pine Village Reasonably priced Housing Challenge in the course of the Tuesday, Nov. 17 assembly.
The undertaking is a proposed 248-unit inexpensive housing complicated on state land managed by the California Tahoe Conservancy. Associated California, which is a real-estate agency specializing in mixed-income housing, has requested that town present some funding for the undertaking; $566,629 mortgage for predevelopment prices which might be coated with mortgage balances from town and $1,250,000 for the aim of buying land protection which might come from the overall fund.
Throughout the assembly, the council may also talk about transferring $10,000 undesignated common funds in order that metropolis supervisor Joe Irvin can order an evaluation of the ice rink. This evaluation is to see the place and the way water is getting into the constructing, the best way to fix-it and if there was mould due to water getting into the constructing, in addition to checking on common upkeep wants of the ability.
The council will talk about making use of for 2 grants for a brand new swim and recreation facility from the California Division of Parks and Recreation. If each grants functions are accepted, town may very well be eligible for about $8.7 million for the undertaking.
Lastly, the council will obtain a COVID-19 replace and talk about one other postponement of metropolis occasions till February. With El Dorado County slipping into the purple tier, workers recommends suspending or canceling occasions till town can reassess on Feb. 2, 2021.
The assembly will start at 9 a.m. and will be watched on town’s web site or at zoom.us/j/96713204872. To make a remark name, 530-542-6500. The assembly ID is 967 1320 4872, press *9 to remark or electronic mail email@example.com.
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