by Christopher Selmek, Urbana Daily Citizen
The Urbana City Council unanimously passed a resolution supporting the residential rental development proposed by Flaherty and Collins Properties to redevelop South Elementary School, North Elementary School and the Douglas Inn for senior apartments at a regular council meeting on Tuesday. A copy of this resolution will accompany Flaherty and Collins' tax credit application to the Ohio Housing Finance Authority by the Feb. 15 deadline.
"I think this is a fantastic opportunity, and I think Urbana would be very welcoming to this," said council member Doug Hoffman. "We've got three distinct structures that I think really need this for the revitalization of the properties. These properties don't get fixed up any other way, at least not in the near future, and it also helps some of the other entities in town like the school and the downtown. I think this is just fantastic."
"I'm really excited about this," added council member Pat Thackery. "We have a housing issue in the community anyway, and if we get some senior housing, that's going to open up some housing that seniors are moving out of so others can move in there, and that's going to help the housing overall. I'm excited. And we need exciting things like this to happen in town and they're happening."
As part of the proposed development, the council unanimously passed another resolution authorizing the acquisition of certain properties, an agency agreement with the Community Improvement Corporation of Champaign County to negotiate with a buyer to purchase and develop said properties, declaring said properties to be no longer needed for public purposes and to authorize the sale of said propertes.
CIC Economic Director Marcia Bailey explained that the Urbana school board passed a resolution last week approving the sale of North and South elementaries to the city for a dollar a building. The school board set the purchase price of both buildings at $354,000, to which Flaherty and Collins has agreed.
"I see a trend where all the good things that seem to keep happening are coming through collaboration, through another party and party deals," Hoffman said. "Everything's happening with two and three and four, even five people involved, and I think that's not anything that we've had for a long time that I can remember. The group that we have up here now is working some pretty nice deals for the city, and I think our citizens recognize that."
The Douglas Inn is privately owned and further action will not be required fromt he council to authorize its sale.
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