City Council Minutes 2001 12 04 - Laserfiche WebLink

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Louisville City Council Meeting December 4, 2001 Page 3 Program is available to first time homebuyers in Boulder County. She explained that the City of Longmont and Boulder County Housing Authority offer the program through a grant from the Colorado Division of H ousing. The program is designed to help low and moderate income households purchase a home not exceeding the FHA purchase limit of $239,250. The program will provide a loan for up to 5% of the purchase price, or a maximum of $9,000, to be used for down payment and closing costs. There are two types of loans available, a low-interest loan and a deferred loan. Buyers are required to complete a comprehensive Home Ownership Training class prior to signing a purchase contract. COUNCIL INFORMATIONAL COMMENTS ON PERTINENT ITEMS NOT ON THE AGENDA None. REGULAR BUSINESS ORDINANCE NO. 1373, SERIES 2001 - AN ORDINANCE APPROVING THE VACATION OF AN ACCESS EASEMENT WITHIN THE ALVENUS PARK SUBDIVISION IN THE CITY OF LOUISVILLE - 2m> reading - public hearing (advertised Daily Camera 11/24/01) Davidson called for City Attorney introduction. City Attorney Sam Light read Ordinance No. 1373, Series 2001. Davidson called for Staff presentation. Planning Director Paul Wood reviewed that in February of 2001, the Lodge at Balfour was approved as a Final PUD for an Independent Living Facility on both Lots 2 and 3. The Alvenus Park Subdivision was platted in 1994 and created a joint access easement on the common property line of Lots 2 and 3. The City Council Resolution of approval required a condition that an ordinance vacating the shared access easement be presented for action after recordation of the Covenant Agreement and before issuance of a building permit. Davidson asked if there was an applicant presentation. Wood responded no. Davidson opened the public hearing and asked if anyone in the audience wished to speak for or against Ordinance No. 1373, Series 2001. COUNCIL COMMENTS