Kokomo City Common Council approves pilot agreement with Superior Street Housing Development Corporation

The Kokomo City Common Council voted to approve Ordinance 7205 authorizing the administration to enter a pilot cooperation agreement with Superior Street Housing Development Corporation. The motion to suspend the rules and pass the ordinance on first and second reading was moved by Councilman Grieco and seconded; the ordinance passed by voice vote.

The ordinance authorizes the city to contract with Superior Street Housing Development Corporation, described in the meeting as the nonprofit wing of the Kokomo Housing Authority. Councilman Grieco told the council the agreement replaces a long-standing arrangement under which the housing authority made payments in lieu of property taxes because the authority does not pay property tax; the ordinance shifts that arrangement to the newly structured corporation.

Councilman Grieco moved to suspend the rules so the council could consider both first and second readings this evening. A second was given and council members approved the suspension and final passage by voice vote; no roll-call tally was recorded in the public transcript.

No objections or substantive amendments to the ordinance were recorded in the meeting transcript. The president closed business by confirming the motion carried. The meeting adjourned with announcements of upcoming informational and council meetings on August 25 (informational meeting at 5:30 p.m.; council meeting at 6:00 p.m.) and an informational meeting mention for August 27 as stated during the meeting.