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I certainly want to see want to discuss a little bit later the Housing Trust Fund and how we can we can add to that. My office is also reviewing community benefits agreements that are currently on the use and other cities with university based innovation projects similar to those in Nashville, Somerville, Southern Cal and Los Angeles. The University of Michigan officials can can work jointly with us to help with the housing trust funds, preserve publicly owned land for projects targeted and low income tenants and homeowners discourage speculative investing such as a greed driven bundling by the land bank favoring Specht, speculators over citizen housing knees and provide deep support to mission driven organizations such as Neighborhood Development cooperatives and community land trust. So I wanted to say that because there's so so very, very important that we look at those kinds of things. I don't want us to, to think that this is just in a certain part of the city this this is the entire city. This is this is this is a huge, huge issue for everybody across this city. I don't take that lightly. It's not enough on the table for Detroiters, and I'm gonna say that now and hopefully we can have some some additional discussions. I don't want to take up all the time. But I do want to ask you though, have you yet hired a construction manager and if so, tell us about that.
thank you for that Miss Logan i This is a huge issue. And, you know, just final comment before I turn it back to you, Mr. Chair is even with that marketing, and we get folks down here to have section eight and Mr. chairman says this all the time or other developments that we see here come across this table. Just because folks have Section A two I want to ensure that if this project does go through, you know, we just don't have one floor full of Section Eight folks, right, then we're talking about a mixed community. And that's how you bridge that gap. Or one of the ways you bridge that gap and I hope that the developer and or a tenant, whoever comes in there is thinking in that mindset, that just because that person is on Section Eight doesn't mean that they are not as important as any other resident in that development. So kind of having that mixed use per se and kind of having you know, that diversity throughout all of those developments is going to be something that is very important. So just wanted to put that on your mind as well.
thank you. I have a number of other questions. I will submit them further in writing in the interest of time to allow member young to now ask the questions that he has number Yeah.
thank you very much. My next question goes to Mr. Bryant. Um, I want to ask you, sir, we talked about this earlier about 1520 minute neighborhoods, in terms of you know, planning in terms of being able to wherever you live, you're 15 to 20 minutes out from any sort of services that you need for the neighborhoods that are around downtown or within the vicinity of this area. Could this be seen as an opportunity to kind of build on that, that because of the services that we provided because of the opportunity to small businesses that will be there? Could this be seen as part of a way to kind of build on that and then you can replicate that throughout the city? That 1520 minute concept. So if you're talking about grocery stores or dry cleaning or any sort of services that need transportation, could this be something that you can use as part of that model and then build replicate that throughout the city?
answer that today. But I want to put that up. The one thing that I want to clarify and I did ask this question in writing, Mr. Chairman, and I'm not satisfied with the response. It goes to the $21 million per year. That's going to be added to the general fund. And there are just so many things that tie in to what's going to go into the general fund. You're talking about income, tax revenue, and so forth. Now, I truly believe that your target market market is for those homes over there, those apartments and what am I going to end up being students frankly, maybe many students are not going to be paying income tax in this city. Many students I will be using their parents addresses in the suburbs. And you because they don't want if they if they dragged in that kind of want to pay the high insurance costs here in this city. So and then if you're talking about Office, office space, if you got to get monies from that I don't really see a bunch of that happening because we have so much free office space now. Where is this $21 million per year coming into the West coming from into the general fund? And when does it start?
right. Thank you mineral water. So thank you all for the responses and I'm going to take the chairs prerogative with one last question. And that is to the neck. I know there's been questions about you know, and I won't even put anything else outside of it outside of what a lot of people are hearing $250,000 that was recommended that the NEC would implement in some capacity. But the NEC said no, we don't want that $250,000 That's what is being circulated. So I want you to talk about that. So that is very clear. Whether it's from the dissenting member of the entire neck or the chair, whoever wants to discuss that. I'll give you the floor.