It will cost nearly $1.3 million to extend utilities and streets to accommodate development on another swath of the old Cedarbrook Golf Course in north Iola.
The street work would take up the bulk of the figure — more than $912,000 — Assistant City Administrator Corey Schinstock estimated.
Schinstock’s figures will be discussed Monday by City Council members as they weigh a request from a developer to offer a series of incentives for him to build 10 duplexes in Iola.
On top of the infrastructure work, Gabe Woodman of Merak Development is asking the city to donate the 10 lots on which he would build; and work in league with him as he applies for tax credits from the state.
Council members heard his request at their Jan. 9 meeting, and asked for additional information, including a cost breakdown of the infrastructure work and a map detailing where the Merak properties would be built, as well as information about his work history.
MEANWHILE, a second developer also is asking the city to assist in its bid to apply for a Kansas Housing Investor Tax Credit, which frees up state funding to assist in meeting housing needs in rural communities.
HomeTeam Properties LLC is pursuing construction of a pair of duplexes on Iola Industries property south of G&W Foods on East Madison Avenue.
Merak also is applying for the state funding. The city’s assistance in both the Merak and HomeTeam applications lies in passing resolutions identifying a substantial housing shortage in Iola.
