Orange County NC Website
currently that this location qualifies for that will enable qualifying homeowners to get 100% <br /> financing on a 30-year mortgage at a low-interest rate, and it's easier to qualify than FHA. <br /> We're trying to think of everything for the homeowners. <br /> Following this, you'll see what's available currently from the Triangle MLS for sale. You <br /> have a market analysis that shows the houses that are available for sale in the Efland-Cheeks <br /> school district. You'll see here that the average price per house available in this immediate area <br /> is costing $331,000. There are details of some of those houses. Following that in the final <br /> sheet there is a house for sale on School House Road for$74,000. A 967-square foot home <br /> that was built in 1951. We feel that, with all of the improvements that we're bringing to the <br /> neighborhood such as improved water and sewer and improved fire protection, improved roads, <br /> and just a generally improved style and type of house, that we will increase the value of the <br /> neighborhood and the area surrounding. John Harris, our engineer, is here with us. <br /> Renee Price: Do the properties on the other side of School House Road already have water <br /> and sewer? <br /> Robert Davis: Yes, School House Road has a three-inch water line, and there's about a three- <br /> inch line also on Tinnin Road. It's on the water map. But it's not good enough for fire protection <br /> or anything else. Even if they laid a new line, Orange-Alamance would leave the line existing as <br /> it is until it failed. What it would do is put fire hydrants closer to the rest of the neighborhood on <br /> the southern end of this neighborhood here and at the northern end of School House Road and <br /> at the northern end of Tinnin. It wouldn't necessarily provide any pressure increase on Tinnin <br /> back down towards 70, because the line would be coming up the back side of the lots. <br /> Potentially, in the event of a failure they may be able to hook up on the back side. There will not <br /> be any significant water pressure increase for School House or Tinnin under this. <br /> Bob Barrett: I was reminded, I should address the two issues that were brought up that we <br /> were looking for relief on. This is an affordable housing project. We're putting everything we <br /> can into these houses to really raise the quality of the houses. Every penny counts. Normally, <br /> as I pointed out, you have houses in Orange County that are over$300,000. With the current <br /> market conditions and the unstable cost of building right now, are doing all we can and have to <br /> make do with everything we've got. So, when we talk about, unlike some of the other areas <br /> surrounding us that don't have sidewalks and we have to cover the cost of sidewalks in this <br /> development, it becomes very difficult to maintain that budget. Additionally, we're asking for the <br /> conventional plan because of the affordability of the houses. With the flex plan, that has the <br /> 100-foot buffer around the property, not only does it make it more difficult for the houses to be <br /> located, we are also under the strain of only being able to build around 20-22 houses. At 45 <br /> houses, we can afford to do the project, it makes it worthwhile, and we're providing houses for <br /> more people. The way we've got this designed, we hope that, with the green space, the houses <br /> backing up to the green space, community residents will feel like they've got larger lots and that <br /> they've got more to do there. I hope you will consider our request. <br /> John Harris (Project Engineer): I was sworn in. With regard to the water line, the fact that <br /> we're putting a new water line in and looping it will increase the pressure of the three-inch line. <br /> You can't imagine the amount of pressure that will increase by coming in from two different <br /> directions instead of just from one direction. You're pushing water through a small line versus <br /> pushing it from both ends, it does increase the pressure. I don't imagine that the water utility <br /> wants to change over all those services. They probably will leave them as they are on the <br /> three-inch line. They will have a little bit better pressure. And then as things need to be <br /> repaired, they'll come out and switch it over to the new line. Also, the fact that the fire hydrant is <br /> in this subdivision are there, that increases the fire serviceability. So that's a benefit also. I <br />