Hoke Townhomes Draft Affordable Housing Plan
Dave Cable, Davidson Community Foundation, Gerald Wright, Executive Director of the Davidson Housing Coalition, and Jacob Anderson, Alliance Group of NC, presented the draft Affordable Housing Plan for the Hoke Townhomes Project. Located on the former Hoke property on Jetton Street, the project proposes 81 townhomes, including eight affordable units.
After receiving community feedback regarding the desire for affordable housing units built in the project, the Alliance Group, the Davidson Community Foundation, and Davidson Housing Coalition have worked to develop a tentative affordable housing plan for this project. Click here to view the presentation and here for the draft affordable housing plan. The board provided additional feedback on the plan and will consider approval at the April 27 meeting.
Update on 2017 GO Bonds Projects
Project Manager Doug Wright and Parks & Recreation Director Leslie Willis provided an overview of the 2017 General Obligation Bonds projects. The projects include greenways, parks, and mobility improvements. The presentation included the project scope, budget, and timeline. To learn more about the 2017 GO Bond Projects, visit the Town Projects Page on our website.
Update on 2017 and 2019 General Obligation Bonds Issuance
Finance Director Piet Swart, Scott Leo, Bond Counsel, Parker Poe Adams & Bernstein LLP, and David Cheatwood, First Tryon Advisors, presented an update on the status of issuing $17.5 million voter approved general obligation (GO) bonds in June 2021.
The bonds approved by voters in 2017 will fund mobility, greenway, and parks projects. The 2019 voter approved bonds will fund the renovation of 251 South Street as the new Town Center, and Town Hall, and the renovation of the current Town Hall to a Public Safety headquarters. The presentation included a timeline of activities, the bond rating process, a summary of the total bond issuance, and financial model information. For more information, visit the General Obligation Bonds Page on our website. The board will consider final approval of the issuance of the debt on May 25, 2021.
Discussion on Private Development Projects in Cornelius
At the February 23, 2021 meeting, the board requested staff to research two planned private development projects in Cornelius based on the proximity to the town limits on South Street and the greenway. Click here to view the presentation and here to view a facts sheet.
The first project, Greenway Gartens, is requesting the redevelopment of approximately 25 acres located on Zion Avenue (former Curtis Screw site) to include multi-family, townhomes, commercial, and a brewery with beer garden.
The second project, Caroline, is requesting to rezone approximately 16.3 acres located on South Street, north of the Antiquity subdivision. The proposed development is to include active adult/age restricted residential, office, retail, commercial, multi-family, residential, and mixed-use buildings.
The board provided feedback and questions to give to the Town of Cornelius regarding the proposed developments including concerns about pedestrian safety, construction traffic on South Street, greenway connectivity, and the proposed traffic pattern impact on South Street near the Antiquity Bridge.
Resolution 2021-06 to Exempt the Team Summit Foundation from Section 54-1 of the Municipal Code on May 15, 2021
The board approved Resolution 2021-06 to exempt the Team Summit Foundation from section 54-1 of the Municipal Code on May 15 to allow the consumption and sale of alcohol on the town owned parking lot located adjacent to Summit Coffee contingent upon staff approval of the event and following necessary health protocols.
Upcoming Board Agenda Items
The board reviewed items for the April 27 and May 11 virtual meetings. The board of commissioners and staff will continue to hold virtual meetings on the Zoom platform and streamed via YouTube. Check the town’s website, social media sites, or e-Crier emails for public access to meetings. If you have additional questions, please email me at firstname.lastname@example.org or Town Clerk Betsy Shores at email@example.com.