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Roseville council tables proposed PILOT ordinance after questions on occupancy, terms and HUD/MSHDA rules
Summary
After public comment and a presentation on a revised payment-in-lieu-of-taxes (PILOT) ordinance for an affordable housing sale, Roseville City Council voted unanimously to table the item while staff returns with occupancy scenarios and clarification of program constraints tied to HUD and MSHDA rules.
The Roseville City Council on Sept. 23 tabled consideration of a proposed payment-in-lieu-of-taxes (PILOT) ordinance for a planned low-income housing purchase after council members pressed staff for more detail on occupancy assumptions, timing and limits set by housing authorities.
The item had been the subject of public comment and multiple prior continuations; the council voted to table the ordinance following a presentation from the project representative and questions from council members. The motion to table, made by Councilman Knox and supported by Councilman Leticia, carried unanimously.
The ordinance as revised showed an 8.77% PILOT rate for the first 15 years, said the presenter, who told the council that anticipated acquisition and occupancy timing had shifted and year one of payments was likely to be…
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