HomeMy WebLinkAboutAgenda 06_OBrien CHT Letter
May 18, 2020
O’Brien Brothers
1855 Williston Road
South Burlington, VT 05403 Dear Evan and Andrew,
We are excited to be working with you on the development of Lot 12 at Hillside at O’Brien Farm and we are glad that you have decided to partner with CHT.
We are supportive of the intent of the South Burlington inclusionary regulation and we believe that this
sort of partnership between O’Brien Brothers and CHT is exactly what the Affordable Housing Committee, the Planning Commission and the City Council have in mind. We support the location of all of the inclusionary units in a single structure and we believe that this is the best method to ensure construction of the inclusionary units will occur, and that high quality homes will be delivered to the
community at the desired rental rates.
In terms of any requirements for timing or construction, we have in the past provided agreements to the municipality confirming that CHT has the ability to construct and will construct the affordable components of developments. We trust that a similar agreement will be workable with South Burlington,
to ensure your construction can commence and is not tied to when our funding is secured. We look forward to working with you and the City to move this project forward Sincerely,
Michael Monte COO CFO