Title
Consider approving Resolution No. 2019-190 authorizing the execution of a Residential Demolition/Rebuild Program Incentive Agreement for the owner of the property located at 14306 Juniper Cove; and take appropriate action
Body
BACKGROUND:
In an effort to improve the quality of housing opportunities in Farmers Branch, the City Council enacted a Residential Demolition/Rebuild Program pursuant to Chapter 380 of the Texas Local Government Code to encourage the redevelopment of existing single-family detached residential properties with the construction of new, higher value, single-family detached residential structures.
DISCUSSION:
Applicants Tim Permenter and Kelly Haggard are applying for the Demo Rebuild incentive for an existing residence located at 14306 Juniper Cove which has an improved valuation (excluding the land value) of $148,230. The incentive for this range ($100,001 - $150,000) includes a five (5) year rebate of municipal taxes based on the difference between the original home appraised value (excluding the land value), as determined by the Dallas County Appraisal District and a $10,000 cash grant. Staff recommends approval of project.
ATTACHMENTS:
1. Demolition Rebuild Application for 14306 Juniper Cove
2. Location Map for 14306 Juniper Cove
3. Current Elevation of 14306 Juniper Cove
4. Proposed Elevation for New Home 14306 Juniper Cove
5. PPT 14306 Juniper Cove pdf
6. Resolution 2019-190 for 14306 Juniper Cove
7. Demolition Rebuild Agreement for 14306 Juniper Cove
RECOMMENDATION:
Recommended motion by City Administration to approve Resolution No.2019-190 authorizing execution of a Residential Demolition/Rebuild Program Incentive Agreement for the owner of property located at 14306 Juniper Cove.
POSSIBLE COUNCIL ACTION:
1. I move to approve Resolution 2019-190.
2. I move to approve Resolution 2019-190 with modifications.
3. I move to table the issue for further study or take no action.