| | | | | | | | |  City of Topeka
Council Action Form
Council Chambers
214 SE 8th Street
Topeka, Kansas 66603 www.topeka.org |
| | March 18, 2025 |
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| | | | | | | | DATE: | March 18, 2025 | | | CONTACT PERSON: | Rhiannon Friedman, Planning and Development Director | DOCUMENT #: | | SECOND PARTY/SUBJECT: | LB Lots, LLC - Reinvestment Housing Incentive District (RHID) Application | PROJECT #: | | CATEGORY/SUBCATEGORY | 020 Resolutions / 005 Miscellaneous | CIP PROJECT: | No | | | ACTION OF COUNCIL: | Discussion 03-11-25. | JOURNAL #: | | | | PAGE #: | |
DOCUMENT DESCRIPTION: |
RESOLUTION introduced by City Manager Dr. Robert M. Perez making certain findings pursuant to the Kansas Reinvestment Housing Incentive District Act with regard to an application submitted by LB Lots, LLC to establish a Reinvestment Housing Incentive District and requesting that the Secretary of Commerce review the resolution and advise the Governing Body.
Voting Requirement: Action requires at least six (6) votes of the Governing Body.
(Approval would establish a Reinvestment Housing Incentive District and request the Secretary of Commerce review the resolution and advise the Governing Body.
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| VOTING REQUIREMENTS: | Action requires at least six (6) votes of the Governing Body.
| POLICY ISSUE: | Whether to take the first step in establishing a reinvestment housing incentive district by adopting certain findings and submitting them to the Kansas Secretary of Commerce for review. | STAFF RECOMMENDATION: | Staff recommends the Governing Body move to approve the resolution. | BACKGROUND: |
The City's housing study identified a need to construct 420 units over the next five years to meet the demand for housing as well as an additional 2300 units to catch up from past demand. In an effort to provide an economic development tool to address housing needs, the City of Topeka approved Resolution 9379 establishing a Reinvestment Housing Incentive District Policy (RHID). | BUDGETARY IMPACT: | There is no budgetary impact associated with this phase of the application process. | SOURCE OF FUNDING: | Not Applicable |
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