Approved

Plan for homes, limited business approved near Huntsville and Crossover roads in Fayetteville

story.lead_photo.caption

FAYETTEVILLE — Planning Commissioners voiced displeasure over, but approved, a plan for homes and one lot with commercial use facing Huntsville Road west of Crossover Road.

The commission voted 7-0 Monday to approve the plan for 11 single-family lots on the north side of Huntsville Road. One additional lot abutting the street will feature some type of commercial use. A road would split up the middle of the nearly 2-acre site.

Commissioners in May approved rezoning the land, and the City Council subsequently approved, to a community services zone. The city’s community services zone allows single-family up to four-unit dwellings, as well as multifamily and accessory dwellings and cluster housing. Commercial uses include eating places, neighborhood shopping, gas stations or drive-through restaurants, offices and home occupations.

Several commissioners expressed disappointment at a lack of variety of housing types presented in the plan. Commissioner Matt Hoffman described the request as a reason why single-family homes should be a conditional, rather than included, use under the community services zone.

“Basically every commissioner expressed the fact that we didn’t really want to see single-family houses here,” he said.

Much discussion centered around a second lot facing Huntsville Road planned to be used for a retention pond. Chris Bakunas with McClelland Engineers said the lot serves as the lowest location on the site, and water flows downhill.

“Shifting it up would cause a challenge,” he said. “I understand the concerns to have more commercial along the street there.”

Commissioners said they wished another commercial use, rather than a retention pond would face Huntsville Road. Commissioner Kris Paxton pointed out it’s the largest lot on the property.

“It’s not going to be used and 25 years from now it’ll probably be a big eyesore,” he said.

In other business, commissioners forwarded rezoning just more than

Continue Reading

Just Approved: Cheap money to access from home equity

Published


Mortgage adviser: Liz Bayer, ProMortgage.

Property type: Single-family home in Berkeley.

Appraised value: $1.215 million.

Loan amount: $449,000.

Loan type: 30-year fixed.

Rate: 2.625%.

APR: 2.841%.

Backstory: I have a number of clients taking advantage of historically low rates and historically high home equity to get a cash out refinance. Past clients of mine had decided that they plan to live out their days in their home but wanted to tap into their equity to make home improvements to provide features that will benefit them as they age.


What was great is that even though they had a good rate from a previous transaction, it made all the sense in the world for them to refinance rather their mortgage taking out more than $100,000 with a new rate — which was lower than the one they had, even though this was a cashout refinance.



Although they did have a lot of equity in their home, conventional lending did not allow for an appraisal waiver as guidelines do not allow for a waiver if the transaction is cash out. In spite of this, we were able to get their loan done in 23 days. This is a perfect time to tap into home equity for long term needs.


Liz Bayer, ProMortgage, 415-383-3111, [email protected]


Source Article

Continue Reading

Braille Energy Systems Inc. Awarded U.S. General Services Administration (GSA) Schedule to Officially Become Approved Federal Contractor

The MarketWatch News Department was not involved in the creation of this content.

OTTAWA, Sep 14, 2020 (GLOBE NEWSWIRE via COMTEX) —
OTTAWA, Sept. 14, 2020 (GLOBE NEWSWIRE) — Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V: BES) (“BESI” or the “Company”), announced today that it has received U.S. General Services Administration (GSA) approval under the Federal Government’s Multiple Award Schedule (MAS) for Industrial Products and Services (MAS Category 335911: Batteries Includes, but not limited to, batteries, chargers, monitoring systems, battery spill containment systems, and all options, parts, and accessories related to these products. Products can be used for rental, emergency, or disaster recovery efforts). Accordingly, BESI is now recognized by the GSA as an approved federal contractor for industrial products and services.

The GSA serves as the acquisition and procurement arm of the federal government, helping public agencies at the federal, state, and local levels access products and services from pre-approved vendors without the lengthy procurement process. Through GSA’s MAS, federal government agencies can now contract directly with BESI and Braille Battery for various battery professional services and solutions.

“This award represents a very important milestone for BESI as we look to expand our footprint into the federal marketplace,” said BESI President and CEO, Lindsay Weatherdon. “Braille Energy Systems is committed to helping government agencies improve their operational performance, so they can further promote improved outcomes for those they serve. Securing GSA MAS approval is well-aligned with this mission as it enables us to partner with government agencies at all levels–federal, state, and local–to deliver industry-leading technology solutions to help government entities meet their goals, improve performance, and better serve the public, without the typical lengthy procurement process.”

About GSA

The mission of GSA is to deliver value and savings in real estate, acquisition, technology, and other mission-support

Continue Reading