Tuesday, September 25, 2007

Hood Council Note: Financial Director Update

Update on Plans-need to start thinking about new set of plans now that the new deal is signed.

Local businesses and associated laws

  • Establish a program for New Small Business Owners:
    Give new business owners $1000-$3000 credit towards purchase of a community lot.
    Help business owners network with other small business owners in other hoods, perhaps the resurgance of the Small Business Conference.


Implement taxes and welfare support

  • Establish a program for Mortgage Loans:
    Borrower must provide at least 10% down paymentLoans must be paid off within 42 simdays (six simweeks) Payments will be daily.

  • Increase rental fees:
    Increase rental fees on the Starr Grey Townhomes (two-2 unit townhomes on McIntosh) due to promixity to main strip.

  • Change tax structure:
    Instead of $750/simweek per residental lot, increase it to $750/simweek per family. Removes loophole where families in multi-family housing paid less in taxes than other residents.


Manage the local real estates and architectural planning of the hood

  • Decrease number of multi-family units from 10 to 4

  • Build mixed income housing area:

  • Renovate Pavilion

  • Build Celebration Park II

  • Revamp Celebration Park I

  • Combine Celebration Park I and II

  • Expand Modern Sculpture Park

  • Renovate The Core

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