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HomeMy WebLinkAbout[05c] Rental Housing Rental Group . • CITY OF ST. JOSEPH www.cityofstjoseph.com DATE: August 18, 2010 MEMO TO: St. Joseph Economic Development Authority Administrator FROM: Cynthia Smith - Strack, Municipal Development Group Judy Weyrens RE: Student Rental Working Group Mayor Al Rassier Background The City Council has authorized the formation of a Student Rental Working Group pursuant to a Councilors request from the EDA Board. The Working Group (WG) will consist of a small group of stakeholders Steve Frank with professional and technical expertise who will work with City representatives to examine Bob Loso transition strategies related to rental housing changes. Renee Symanietz Dale Wick The WG group parameters at this time are quite undefined other than to determine, examine, and report potential strategies to transition student rental properties from previous occupancy levels to EDA those experienced post- change in CSB /SJU on campus residency requirements. Presumably clear Carolyn Yaggie— and factual information, first hand, from each person within the working group will be required as a Heinen means of defining 'where, if anywhere, we go from here'. The extent of the task at hand is likely to be Ken Jacobson fluid, the length of our task unknown. Al Rassier Tom Skahen The initial WG meeting is set for Wednesday, August 25 at 1 p.m. in the lower level conference Dale Wick room at City Hall. EDA Members Wick and Heinen have expressed an interest in involvement with the WG. Other participants in the WG at this time are representatives (i.e. property manager and representatives from the brokerage) from St. Joseph Student Housing (aka Campus Villas), Michael Gamades representing the properties at 101 South College Avenue, Cory Ehlert student rental property owner, and Sue Palmer, VP Finance at CSB. The City's Rental Inspector Gary Utsch has been invited to join the WG. An update from the initial meeting will be provided for the Board. Action: This item is for your information.