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HomeMy WebLinkAboutA034 - Letter from Ames Home Builders in favor of tax abatement r t HBA Home Builders of Ames Box 864 Ames,Iowa 50010 December 13, 2000 Ted Tedesco 4002 Stone Brooke Road Ames, Ia 50014 Dear Mr. Tedesco: It has come to our attention that the City Council is Considering a Tax Abatement for the Somerset Subdivision. Because the success of the building industry and the affiliated businesses have a direct impact on the local economy as a whole, the HBA Board of Directors has to be concerned with the success of all local developments. The village concept was promoted, by the City Staff, as a City preferred form of development. The Developers have pledged an additional million dollars out of pocket as sales incentives to make this project work. The home building community has been cautious to build in Somerset the first group of homes took such a long time to sell. Most of the smaller builders do not have the resources to hold on to a new home for extended periods of time. If the abatement is approved, it will allow several design extras, as required, to be done and the cost to the buyers will be the same or less than other subdivisions in town. It will also encourage the smaller builders (33 in all) to take a chance on building a spec house or encourage their customers to build at Somerset. This subdivision has to be maintained and serviced by the City of Ames. Additional housing adds to the tax base and is a win- win situation for all. Very truly yours, The Ames Home Builders Association Board of Directors Jerry Cable, President,/Cable Investments Darren Milliken, P Vice President, Milliken Construction Doug Burgess, 2nd Vice President, Burgess Construction Steve Shuey, Secretary, Friedrich & Sons Mark Hanson, Hanson Homes Jon Hunziker, Jon Hunziker Construction Don Soma, Don Soma Construction Kris Peterson, Peterson Builders Rich Fitch, Furman Corporation Larry Wolters, Stewart Building Center Jim Linder,Ames Heating and Cooling