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Committee approves amendments to PACE special-assessment lists for Furnace Street redevelopment; parcel numbers adjusted, unit count unclear
Summary
The planning committee approved amendments to the PACE special-assessment schedule for a redevelopment at 237–243 Furnace Street, reflecting consolidated parcel numbers and revised apportionments; the number of residential units to be created was not clearly established in the meeting.
Committee approves amendments to PACE special-assessment lists for Furnace Street redevelopment; parcel numbers adjusted, unit count unclear
The Planning Committee approved two ordinance amendments that revise the list and schedule of special assessments tied to an Akron Summit County Energy Special Improvement District (PACE) project at 237–243 Furnace Street. Staff said the amendments were needed because parcel consolidation changed parcel numbers and how assessments are apportioned.
The amendments update cooperative and special-assessment agreements to match the revised parcel configuration; the committee approved the items on the consent agenda with no recorded roll-call tally.
Mister Volman, a staff presenter, said the legislation is essentially the same as what the council passed earlier but reflects consolidated parcel numbers that altered the apportionments among parcels. He described the action as a pass-through in which the property owner would pay the special assessments to finance green improvements through the PACE mechanism.
During the discussion a committee member asked how many housing units the conversion would create. Remarks in the transcript were inconsistent: one exchange included a staff statement that the property "turned into 11 residential units," while another comment suggested "I guess 50 or so." Mister Volman told the committee he would "get you that answer" after the meeting. The transcript does not record a definitive, consistent unit count.
The ordinances were placed on the consent agenda and approved by voice vote. Staff did not provide a complete funding breakdown in the committee discussion; the transcript indicates the assessments will pay financing for energy-efficiency improvements through the PACE program and that the amounts and apportionments differ from the earlier filing because of parcel-number changes.
