The Edmond City Council will receive a recommendation by the Capital Projects and Financing Task Force to vote in favor of a Heritage Village subdivision proposal.
City Council members will be asked to determine whether the city should provide infrastructure for the project at a cost not to exceed $500,000. There would be no money flowing to developer Turning Point Ministries, said Charles Lamb, mayor.
Turning Point Ministries has been instrumental in the development of Legacy Station, a 12-home community located between the downtown post office and the railroad, said Josh Moore, with Turning Point Ministries.
Heritage Village has been approved by the city all the way through the final plat. The City Council has been proactive in supporting the need for affordable housing in Edmond, Lamb said. Federal funding that would otherwise be utilized for Heritage Village infrastructure is no longer available, Lamb said.
“I approached the applicant and asked them if they would be interested in the city installing infrastructure — water, sewer, streets and storm sewer,” Lamb said. “The primary reason I say that is they have not requested it of us. I have requested it of them.”
Providing infrastructure is what cities do, said David Miller, task force member. These homes would be less expensive for homeowners to purchase if the City Council moves forward with a favorable vote, he said. Otherwise Turning Point Ministries would have to draw a line of credit.
“The impact it would have is that it would basically double the price of the lots,” Moore said. “We would borrow and fund raise through Turning Point.”
Miller said several people who are employed in Edmond cannot afford to purchase a home in the community. Some of these workers have careers with the City of Edmond, he said.
Turning Point Ministries plans to build the subdivision west of Fretz, just more than one-quarter mile north of Edmond Road. Some of the 37 single-family lots are 40 feet by 90 feet, most are 60 feet by 120 feet, according to City Planner Bob Schiermeyer.
“At the end of the day, instead of the developer building the infrastructure and giving it to the City of Edmond, we would develop it,” Lamb said. “It’s infrastructure we own publicly in all developments except for private streets.”
Task Force Chairman Steve Auchter said he values the mission of Turning Point Ministries, but he cannot support the city subsidizing the project when there are other projects already on the table in need of funding.
“It wouldn’t stop us from doing our mission,” Moore said. “But, it would be a huge blessing.”
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