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Planning and Economic Development Committee gives consent to amend City Center development agreement
Summary
At a 1:00 p.m. committee meeting, Akron’s Planning and Economic Development Committee consented to an amendment allowing the developer of the City Center building at 146 South High Street to pursue HUD financing to convert the structure to market-rate apartments; the committee recorded a voice vote and no questions were raised.
The Planning and Economic Development Committee at a 1:00 p.m. meeting gave consent to amend a development agreement between the city of Akron and City Center Development LLC to enable the building at 146 South High Street to be redeveloped into residences.
Susie Graham, a city staff member, introduced the item and the developer’s representative, Donzel Taylor. Taylor said the developer is "applying for a, HUD 14 or the HUD 221 D 4 loan" and that the project would convert the City Center building into "116 market rate apartments," which he described as part of a broader effort to repopulate downtown Akron. "We're applying for a, HUD 14 or the HUD 221 D 4 loan," he said.
The request presented to the committee was a consent to amend an existing development agreement so the developer can pursue federal HUD financing under the program Taylor cited and to increase the financing available for the property. Graham summarized that the amendment would allow the city to move forward with the previously agreed development agreement with the City Center development group and asked the committee for consent. "Just that we're requesting a consent," she said.
Committee members raised no questions during a period when the chair invited inquiries. A committee member moved for consent; another member seconded the motion. The chair called for a voice vote and recorded the ayes. The transcript does not include a roll-call tally or numeric vote totals.
The committee’s action is procedural consent to allow the developer to proceed with loan applications and related steps under the existing development agreement; it does not on its face approve final financing terms, construction permits, or detailed project plans, which would require later administrative approvals or permits. The meeting adjourned shortly after the voice vote.
Clarifying details from the transcript: the developer used two slightly different spellings/references for his company and the HUD program during the meeting; the transcript identifies him as Donzel Taylor and earlier references also refer to "Don Taylor" and to his firm as "Welty Enterprises" and "Wealthy Enterprises." The HUD loan program was referred to verbally as "HUD 14" and as "HUD 221 D 4" in the presentation. The committee recorded only a voice vote; exact roll-call tallies were not specified in the transcript.
