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q r YmYm m aa o o a>( oM gad s8muieg u m awaw v g- ararmm G 0 0 n W Fla-M] e o o=. eia pmem co= u October 2011 FWB Projects Update Project Green Energy A state -of t-he -art, environmentally sustainable zero 4 green energy start- up business. Negotiations underway to be a tenant at the Innovation Center, FWB business incubator Project Springfield An engineering services operation for technical publications. The client is also looking at Oklahoma. This project will create 150 new jobs with an average wage of $72, 000. Project Solar Heating An Ohio -based green company that is working with the natural gas industry on four high profile residential solar hot water heating systems. This company has identified a commercial user and is now working on identifying a residential user. Project is looking for a residence to install and test a new solar water heating system. Project ADCC A security company which provides high end security and IT services. The company will have approximately 5 employees to start. Project Metal Works Company provides aerospace aluminum products to existing customers located in Okaloosa County. In Your Backyard Project ECTRC The EDC is working with the developer, Air Force Real Property Agency, Eglin Real Estate, Air Force Research Laboratory and Deputy Assistant Secretary of the Air Force for installations. Coordination is underway for the planning development planning process. Groundbreaking is expected mid 2012. Project Dome This OF REEF and AFRL project involves the design and construction ofa ( 150' by 300') 50' height facility and laboratory where advanced small and micro -sized untanned vehicle concepts could be flight tested. The EDC is working with OF and the U. S. EDA on a grant for this project. Project AquaGreen An aquaculture /hatchery and aquarium project. Currently identifying available state incentives. Looking at two facilities: 1) 50,000 SF hatchery and educational center and 2) 30, 000 SF aquarium. Provided by Kay Rasmussen, Vice President Community & Economic Development The Economic Development Council of Okaloosa County C City Council of Fort Walton Beach 0 To: CITY MANAGER MEMORANDUM Robert T. Meams, City Manager From: Carole Jones, Executive Assistant Date: November 8, 2011 Subject: FWB Housing Authority ATTACHMENTS 11 - 8 - 11 FWBHA Presentation PDF) SIGNATURE BLOCK: Carole Jones Completed 11/ 03/ 20119:48 AM Carole Jones Completed 11/ 03/ 20119:48 AM City Manager Completed 11/ 03/ 201111: 03 AM City Council Pending 0 FORT WALTON BEACH HOUSING AUTHORITY 27 Robinwood Drive, SW . Fort Walton Beach, Florida 32548 850) 243 -3224 . Fax ( 850) 244 -6533 . TTY (850) 243 -2445 W ebsite: fwbha.com . Email: fwbha@fwbha.org Gail Sansbary II Executive Director RVNXOKWO OViOMVXX, r A October 31, 2011 A Mr. Robert Meams L O City Manager City of Fort Walton Beach mV a m y 107 Miracle Strip Parkway wd i Fort Walton Beach, FL 32548 xm Re: Sound Side Apartments LL Dear Mr. Mesons: rMN The Fort Walton Beach Housing Authority ( FWBHA) is re- developing the former Germany Terrace public housing site as 200 affordable units. In order to keep rents affordable, FWBHA would like to allocate 50 of its Housing Choice Vouchers to this development. HUD permits the attachment of the assistance to this project, but it must be accomplished through a competitive application process. The regulations are found in Part 24 ofthe Code of Federal Regulations, Section 983. Per these regulations, the award must be made in an arm' s length manner. Since FWBHA will be awarding these vouchers to a project in which it has a financial interest, HUD requires that an independent entity review the award process to ensure the award is arm' s length. The independent entity is typically the local government where the housing authority hasjurisdiction. In fact, the applicable regulation, 24 CFR Part 983. 59 states, " The independent entity that performs these program services may be the unit of general local government for the PHA jurisdiction." The independent entity review requires three key steps: 1. Review the application to ensure it is consistent with FWBHA and has been approved in an ann' s length manner. FWBHA has also retained the services of a consultant to review the Board of Commissioners " Working Together For A Difference" Jamns RoWins, Quinn Rw. EU1 TvlU Vim (Alin" Bmvd lMnann - I. innnne W* mI ` chick TWna, Lin MOCk Packet Pg. 79 application and opine on the same, but the consultant cannot be considered independent. We will make this review available to you. 2. Review the proposed rents to confirm they do not exceed the rents of other comparable units. FWBHA is also required to have the rents determined by a state certified appraiser. The appraisal has been completed and a copy will be provided to you. 3. Once construction is complete, inspect the units to make sure they meet HUD' s Housing Quality Standards. The City is already required to inspect the units for the purpose of issuing the Certificate of Occupancy. This inspection will meet HUD' s requirements. In addition a HUD designated independent inspector will inspect the units prior to HUD issuing its Permission to Occupy the units. r o The City would be responsible to state in writing that its review has determined that the award E was made in an arm' s length manner and the rents are reasonable. This letter will he retained in the am FWBHA files. x0 Steps I and 2 most be performed as soon as possible. Without this approval, construction 3 cannot proceed. MN We look forward to meeting with you on November 8, 2011 to answer any questions or concerns you may have. Sincerely,Sincerely, FortFort WaltonWalton BeachBeach HousingHousing AuthorityAuthority GailGail Sansbury,Sansbury, ExecutiveExecutive Direct<Direct< BoardBoard ofof CommissionersCommissioners " " WorkingWorking TogetherTogether ForFor AA Difference"Difference" lanmslanms Robbins,Robbins, CM1CM1 -- - -- - 0e0e PP- - 1 T11-T11- V11--V11-- Clui--Clui-- & & madmad J.J. h.-- h.-- L,L, n'n'. . WaginWagin - - FredFred k11ummk11umm I. 11Mack11Mack PacketPacket Pg.Pg. 2020 6.6. 2.2. aa L 0CC Iwo u ti in G N C O d L tA L o. Q Y n d i Un O w C p N L O O u w O QCL O Q C u YO N YO c i3 w E m y O c G N E v Ep C w6 L Y 3 W O L 3 a v 0 a w c

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