Orange County NC Website
Approved 7.10.24 <br />and some other things, and one of the specific reasons not to do those is because all of those were established 1827 <br />exactly to create discrimination against younger folks and go on down the line. And some of the operating 1828 <br />procedures of what you can do and what you can’t do to become a member of the community are flatly outright 1829 <br />racist. And so, part of the effort to trying not to have to be pushed into one of those models is to set up a different 1830 <br />kind of model, which has worked successfully elsewhere, see if can be done here. I guess the biggest thing about it 1831 <br />is, John mentioned this to me and so I’ll mention it, one of the things that was part of the design process is the three 1832 <br />buildings of 20 dwelling units. And one of the reasons that it’s very useful is because that’s an easy place to be able 1833 <br />to provide services to people in their dwelling units. It’s also one of the places on the property that is going to cost 1834 <br />the least to build the dwelling units. So, we’re looking at this on that model of trying to make it possible to relocate to 1835 <br />this community from a bigger house. I’m not saying the work is done. You know that, but some of the component 1836 <br />pieces are just really difficult to put together, and what we haven’t really said tonight, but Maria said it a little bit, 1837 <br />which is a lot of the things you can’t get somebody excited about until you’ve actually got what they think is a project 1838 <br />that’s real. And so, one of the steps in this process has been get to the planning board, get further along in the 1839 <br />process on those types of things. We’ve been asked a question about well, what do you know about this financing 1840 <br />and that financing. Well, I’m not sure I know anybody doing their own house or doing something else that can go into 1841 <br />the bank and say give me a mortgage for $800,000, I’m thinking about building a house. So, we are in the process of 1842 <br />doing these steps and we hope we’re doing them right, and we hope we gain some good input which we have. 1843 <br /> 1844 <br />Dolores Bailey: Scott, you said it was going to be a $65 to $75 million project over the full haul and you know 1845 <br />how many square feet you’re going to put into this thing. The way we normally calculate is figuring out how much 1846 <br />we’re talking about per square foot for building. 1847 <br /> 1848 <br />Scott Radway: It’s a slightly different model for the costing of this than I would say an individual building or an 1849 <br />individual structure. 1850 <br /> 1851 <br />Beth Bronson: Do a ballpark. You can do a ballpark. 1852 <br /> 1853 <br />Scott Radway: We can do a ballpark. We can bring it back to you. What the pieces in the ballpark look like 1854 <br />are wastewater system. We don’t have tap fees like you do if you’ve got public water. We don’t have those kinds of 1855 <br />things but we do have another cost. So, we can’t give you specific numbers that are going to be realistic probably a 1856 <br />month after we give them to you but they’re going to be ballpark. Kind of these are the pieces that go into it. This is 1857 <br />how the cost gets looked at. It’s not necessarily something that you might ask, but in a lot of places wouldn’t ask, MI 1858 <br />Homes or Toll Brothers or something about it, they’d just say okay, you’ve been in business a long time. We think 1859 <br />you’re good. We’ve got to get to that step to prove it. 1860 <br /> 1861 <br />Dolores Bailey: My question, and I know you guys can’t answer tonight, about affordability is who’s going to be 1862 <br />able to afford it. 1863 <br /> 1864 <br />Beth Bronson: Thank you very much and to that point, if you’re going to have 150 residences and you project 1865 <br />it’s going to be $60 million, it’s roughly $400,000.00. I’m, I’m just letting anybody know who’s saying that this master 1866 <br />plan that they’re applying for is for 150 residences and in the application, I understand it’s 300 bedrooms. Is that 1867 <br />correct? 1868 <br /> 1869 <br />Scott Radway: Yes, we’re asking for an upset number on dwelling units, 150 and an upset number on 1870 <br />bedrooms as 300. 1871 <br /> 1872 <br />Beth Bronson: And what I kind of want to clarify because of the master plan development application is that 1873 <br />when you are applying for that, you are required to provide, and this may be specifically with conditional zoning, but 1874 <br />any master plan is conditional, right? So, you are required to provide this level of detail, this level of thought and 1875 <br />output into what would be the plan. Any deviation from that plan would need to come back to the planning board, to 1876 <br />my understanding, if you’re going to deviate from the master plan as being approved on whatever conditions they’re 1877