The City Council met yesterday to discuss Resolution 20-07, to provide the Nevada Rural Housing Authority with the City’s 2020 private activity bond volume cap. Diane Arvizo was the representative from the Authority who gave a background on the need for funds.
Arvizo said that NRHA has requested these funds yearly since 2006 to carry out programs they provide. She also said they started the program by assisting 51 families and providing $408,000, and it has since grown to them assisting 9,000 families. She said the program is booming despite COVID-19. They have provided $1.8 million in affordable mortgages, $52 million in down payment assistance, and $27 million in federal tax savings to homeowners.
Arvizo also said that 109 families have been assisted in the City of Fallon, and that the $477,82.89 from the city would assist those families in the equal homeownership program through the Authority, and through the mortgage credit certificate program.
During the discussion, Mayor Tedford made clear to the council and public that the Nevada Rural Housing Authority assists low income, and first-time homeowners who have other obstacles outside of income. He said the organization looks to provide a bridge for those who live in an apartment to where they can afford to buy their own house. The resolution passed unanimously.
The Council also discussed the application by Maverik to vacate a power and utility easement on the lot next to the gas station. Councilman James Richardson asked if the property would be considered one piece. Robert Erquiaga, legal and administrative directory, there are two different parcels of land, but one property. Erquiaga said that the old Blockbuster building adjacent to the existing Maverick building has already been demolished, but this application was for the power and utility easement. He also said the changes with utilities would benefit existing properties around the area, including the nearby bank. The application passed unanimously.
The major order of business Monday was Bill 784: An ordinance designated by the short title "2020 Electric Revenue Refunding Bond Ordinance." The city will refinance their previous bond to a new bank that has a lower interest rate, and more flexibility. These precautions save the city money, and give flexibility for emergencies if they were to occur with the power stations.
Chief of Police, Kevin Gehman, also reported on behalf of the Fallon Police Department that thevolunteers returned in June after the Covid lockdown, and they have been working using safety practices. Councilman Richardson asked Chief Gehman how training has changed due to COVID. Chief Gehman said that two officers were attending in-person training at the academy, but other training will not be until the fall.
Erquiaga reported that the special legislative session ended over the weekend, and it seemed that the governor would call another special session, but details of the session will be included during next council meeting.
Public minutes and agendas are accessible on the City of Fallon website for more detailed information see: https://www.fallonnevada.gov/archived-meeting-agendas/
The next meeting of the Fallon City Council is scheduled for Monday, August 3, at 9 a.m., at City Hall, 55 W. Williams Avenue, Fallon. The Fallon City Council normally meets on the first and third Mondays of each month.
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