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City Council <br />Meeting Minutes <br />August 4, 2015 <br />Page 5 of 11 <br />Mayor Pro Tem Dalton stated Mr. DeZutter's comments regarding the finance staff's <br />preparation is a testament to Finance Director Watson's leadership. He asked Finance <br />Director Watson to extend the Council's appreciation to the Finance staff. <br />MOTION: Mayor Pro Tem Dalton moved to approve the 2014 Comprehensive Annual <br />Financial Report, seconded by Mayor Muckle. All were in favor. <br />BOULDER COUNTY HOUSING AUTHORITY ANNUAL REPORT <br />Mayor Muckle requested a staff presentation <br />Deputy City Manager Balser introduced Willa Williford, Housing Director for Boulder <br />County, who would present the Housing Authority Annual Report. <br />Willa Williford, Housing Director for Boulder County, presented the (BCHA) Annual <br />Report. She addressed the 2012 IGA between the Boulder County Housing Authority, <br />the Louisville Housing Authority, Boulder County and the City of Louisville and noted <br />most of the commitments have been met. One of the items to be addressed is the City <br />of Louisville's appointment of a citizen to serve on the Housing and Human Services <br />Advisory Committee. Another provision is long -term affordability in Louisville and the <br />provision of an additional 15 affordable housing units in the next five years. Currently <br />Louisville has 146 units managed by the BCHA, with a very low vacancy rate of 2.1%. <br />She reviewed the affordable housing market and Louisville's key statistics including <br />income levels; household family size; people with disabilities and senior housing. 60% <br />of senior housing was for persons over 70. She addressed the County's new affordable <br />housing project Kestrel in the City of Louisville. The vision for this site is a mix of <br />incomes, affordability, diversity, walkability and strong urban planning and design. <br />Boulder County is committed to bringing 20 vouchers to the site, which could serve <br />people with extremely low income, up to $60,000 for a household of four. There will <br />also be the market rate and commercial components. They are compiling an interest <br />list and currently there are 112 households on the list. Boulder County Housing is <br />progressing through the timeline and will bring forward their final PUD application. The <br />contractor is currently looking at pricing and the County is working on the preference <br />policy, which was in the annexation agreement. <br />She reviewed the highlights of the report as follows: Louisville has 147 existing units <br />and with the addition of Kestrel those numbers will more than double. They completed <br />major repairs to Regal Square including a new boiler, updated community room with <br />new fumiture. The balance of the report covers all the other programs Boulder County <br />Housing and Human Services provide for Louisville residents. She quoted from the <br />report as follows: "80% of positive health outcomes are linked to economic stability, <br />social behavior and education." Therefore a strong, vibrant, diverse housing stock <br />supports a healthy community. She asked if Council wanted to see any different <br />information in the next annual report. <br />