On Apr 13, 2004, at 2:08 PM, joan thom wrote:


I would like to know how much of your NRP dollars went into the STATE Mandate. That said we were all supposed to put 52% of our dollars into housing. This was why our Dollars did not go into our parks because we were meeting the State Mandate.
Now in Phase Two all of us will be making up for that short fall from other neighborhood. I understand that these other neighborhoods didn't need to invest in their housing stock. Just wish that would have been made clear from the start.
That 52% of NRP dollars were to go into housing.
Joan Thom
Hawthorne


Joan, don't have an answer for Kingfield (my 'hood), but I know we be at 52 percent by the end of Phase II.

Also, the 52 percent requirement in state law is not just for housing but also *housing-related uses* which is a broader category.

As far as I know, no neighborhood will be required to invest above 52 percent, though the underspenders will have to go nuts to get there with reduced Phase II money. They will pay, pardon the pun.

Also, if you met the 52 percent goal, that meant you still had 48 percent to spend on other stuff.

David Brauer
Kingfield

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