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HomeMy WebLinkAboutA023 - Email from Robert Howell dated May 22, 2018 City Council - staff report comments Robert Howell to: amescitycouncil, John Haila 05/22/2018 06:20 AM Hi City Council and Mayor- Hope you're doing great. I wanted to reach out one more time as I've had a chance to read the staff report for today's meeting. Honestly, I wasn't aware this was available to the public so I'm just now reading it (sorry... I'm not typically a political guy!). I wish I could be there live for the meeting tonight but am traveling this week for work. Regarding the staff report, it's nice to see that the staff has developed some initial thoughts to help in your consideration and I think there are pieces of good ideas. That said, I do think the report's options are shortsighted and don't address the entire issue. Here's my feedback: • Time on Market: I believe it's good to have a time on market requirement. It shows a good faith effort in trying to sell the house. The one concern I have is the potential financial burden you are placing on the home owner. For example, what happens if you have already relocated and can't find a renter under the transitional period? Personally, if I couldn't find a renter for 9 months, the total cost of the mortgage would be $16,200. For 24 months, the total cost of the mortgage would be $43,200. These amounts would be in addition to the rent I'm paying in the city I'm relocating to! Given the Ames market is driven by the university in a big way, there is a very narrow time frame for finding a renter(majority of people find a place to rent Jan- Apr) and your hardship may have not come during this time frame to find a renter in Ames. For example, a widow who loses their spouse in December or a member of the military who gets deployed in October(all times when it would be hard to find a renter and therefore the person would be financially burden until they could find a renter). Time on the market requirements are good but you must find ways to address hardships that have an immediate impact. • 5-Year Home Homeownership: I'm not sure of the intent of a person needing to own the home for 5 years and don't think this is applicable in today's world. Careers and jobs changed rapidly. Life changes happen unexpectedly. If you go back to the list of hardship examples I sent to you, I think you'll agree that any of these can happen at anytime... deteriorating health, divorce,job loss, military service, inheritance via death... most of these aren't controlled by the people who own the homes... it could happen 1 year after moving in. My belief is the 5-year home ownership is arbitrary and shouldn't be included. • Abutting Rentals: I think you'll need to consider the definition of the proximity of rental properties. At my house for example, I have rental properties on either side and across the street but behind my property I have city property which houses a water treatment building. If it's written as strictly three abutting properties then I wouldn't qualify (even though the 41 comment from home buyers looking at my house is about the rental properties around my house). My#1 concern... I'd like to strongly recommend that you consider how to address the time on market issue vs. the potential hardships that don't fall in the rental signing period for Ames. Given this issue has now stretched into June, we are well pass the traditional rental period in Ames and it will be difficult to find a renter even with the transitional renting period. Since my hardship didn't fall within the rental period, I (and many others like me now& in future) could be left to cover the mortgage until the next rental period begins. Although I think it's a good idea to have the time on market requirement, I think you must consider how to address all of the Ames residents that have been waiting for a city council decision since the moratorium went into action 5 months ago on Jan 1. To conclude, I'd again like to encourage you to finish your meeting with clear direction this evening. I understand it most likely won't pass tonight but the more clear action, the better. Make it a great day! Robert