Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Notice Regarding Recent Resignations: At the end of an executive session held at the October 25, 2022 City of Lake Ozark Board of Aldermen meeting, it was announced that letters of resignation had been accepted from both Municipal Judge Richelle Christensen and City Administrator David Mitchem.   Christensen’s resignation, effective December 31, was given in anticipation of her uncontested election to serve as the Camden County Prosecutor.  The letter was given in advance of this date so that a suitable replacement as municipal judge could be nominated and have ample time to prepare for the job.  It is anticipated that a nominee will be provided at the November 8 Board of Aldermen meeting, with work to begin for the new judge on January 1, 2023.   Administrator Mitchem had presented the Board of Aldermen with his letter of resignation, effective November 14, on October 12, with the Board formalizing the action at this meeting.  His notice references several successful projects from his year in the office, including identification of new revenue streams for the city, making amendments to building height restrictions to allow for development at an increased scale, and performing an assessment of employee recruitment and retention strategies.  He also cited his appreciation for the Board’s commitment to making the city more attractive for outside investment, while praising the professional staff’s skills and desire to be good public servants.  A successor to the position is expected to be named prior to Mitchem’s final day.   Of both Christensen and Mitchem’s announcements, Mayor Dennis Newberry stated “their time with the city, while different in length and workload, have transformed the way we deliver justice and do our key functions as a government.  Our board has appreciated working with both of them, and wishes them both the best in their next chapters while we welcome new team members to those roles.”

TEST TW WEATHER

More workforce housing proposed for Lake Ozark

A housing developer with a track record of success in Lake Ozark wants to continue providing working class housing in the community.

Briscoe Ozark Development Group, developer of Fish Haven Apartments and Fish Haven Estates retirement community, is hoping to expand the footprint of affordable housing along South Fish Haven Road with two 20-unit complexes adjacent to Fish Haven Apartments. 

The board of aldermen recently gave first-round approval of an ordinance adopting a Planning and Zoning Commission recommendation to rezone 19 parcels of land along Fish Haven Road, Hickory Drive and Forest Hills Road. The rezoning would be from Manufacturing Home Park Residential and R-1 Low Density Residential to R-3 Multi-Family residential. Second reading is expected at the regular Aug. 25 board meeting.

The board also approved first reading of an ordinance rezoning property fronting Rt. 242 from R-1 Low-Density Residential to C-2 General Commercial at the request of Briscoe Ozarks Development Group. Ryan Fuller, representing McClure Engineering, said the development group does not have a specific client interested in the Rt. 242 property but wants to market the area as General Commercial to potential clients.

After final board approval, the next hurdle for the developer will be obtaining tax credits from the Missouri Housing Development Commission which would help buy down the cost of the project. 

Deadline for applying for the tax credits is September with notification expected in December.

 

Workforce housing

Pete Ramsel, representing Briscoe, said that equity raised by selling the tax credits to investors is used to help buy down the cost of the project. Private equity will fund between 85 and 90 percent of the project with the balance borrowed. That helps keep the overall cost down, making the units more affordable to the public, he explained.

Ramsel said the two-bedroom units will rent for between $500 and $600, and the three-bedroom units will rent for $550-$650 per month. 

“They are very, very affordable,” Ramsel said. “If people make too much money they can’t live there. There is no rental assistance. The difference between low-income housing and affordable housing is that these people live in the community, work in the community and pay rent.”

Fish Haven Apartments Phase 3 will offer units on a fixed income basis.

Phase 1 of the Fish Haven developments – Fish Haven Apartments – opened in early 2016. Fish Haven Estates, the senior living community across from the apartment complex, opened in early 2018 as Phase 2.

One of the proposed buildings would be located at Fish Haven and Hickory Drive. The second would be located on South Fish Haven just west of Fish Haven Estates.

“The first two phases have been great,” Ramsel said. 

He also praised Briscoe Development Group and McClure Engineering, the engineer firm for all three phases, for their partnership in the projects.

Ramsel also noted that a million-dollar Community Development Block Grant from the Missouri Department of Economic Development approved several years ago to build a regional lift station was another key factor in creation of the Fish Haven complex.