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The city council's Committee on Finance and Revenue held a hearing last Thursday (Nov. 12) on B18-475, the "Arthur Capper/Carrollsburg Public Revenue Bonds Amendment Act of 2009," which has been introduced to allow the CFO's office to issue $32 million in city-backed bonds to help fund "phase 3" infrastructure improvements at Capper/Carrollsburg. This would be in addition to the $9.5 million in stimulus money that DCHA was awarded by HUD that will allow the phase 2 townhouses at Capitol Quarter to go forward, possibly by the third quarter of 2010 if current financing negotiations with EYA go smoothly.
(Quick background: This infrastructure work would be a combination of underground work on the Second Street blocks around Canal Park, the relocation of the DPW operations at New Jersey and K and demolition of that block, and perhaps the construction of I Street between Second and New Jersey. These projects were originally expected to be funded by the sale of unrated municipal bonds, but the current Economic Difficulties have made those sorts of bonds all but extinct, and additional attempts to secure loans from banks for the money have been fruitless as well. Read this for more details.)
The hearing was pretty straightforward--you can watch it via streaming video, plus I've managed to procure the prepared written testimony of David Cortiella from DCHA if you're more of a reader than a watcher (like me!). The main takeaways:
* The city is intending to sell $32 million in short-term bonds, and will cover the estimated $600,000 a year in costs from funds in an industrial revenue bonds assessment fund held by the Office of the Deputy Mayor for Planning and Economic Development. After three years, when presumably the bond market is a bit healthier and Capper's own PILOT fund has begun to receive payments, long-term bonds will be issued. John Ross of the CFO's office called this "a very clever arrangement."
* Because the council originally approved a $55 million bond offering as part of the original Capper PILOT legislation, the cost of these bonds is already reflected in the city's budget.
* DCHA and the CFO are asking that this bill be approved on an emergency basis at the council's December meeting, so that the bonds could be sold during late December or early January, which is apparently a good bond-selling time of year. (Christmas bonds for everyone!)
* Cortiella mentioned that DCHA is also investigating a change in the tax code that may allow the financing of the 189-unit apartment building planned for the old Capper Seniors site at Seventh and L (Square 882) by the third quarter of 2010.
* Money has already begun to flow into the Capper PILOT thanks to the completed houses in Capitol Quarter, and if the phase 1 and 2 townhouses and Square 882 apartments are finished as currently scheduled, approximately $1.2 million will be flowing to the PILOT fund each year by 2012. (It's the PILOT fund that then pays back the bonds.)
Jack Evans--the only councilmember at the hearing--was receptive to the plans and also to moving the bill as emergency legislation, calling it "a good project" and saying it should "definitely move forward." He also made sure to note that, since the new bonds are being backed with proceeds from the Gallery Place TIF, that the city will be "backing Ward 6 projects with Ward 2 money": "We're always helpful when we can be helpful," he said. He also reminisced that, when he first ran for city council in 1991, Near Southeast was in Ward 2, and that he received all of six votes across the entire precinct in the 13-man primary.
The council's December legislative meeting is scheduled for Dec. 15.
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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
100 B/O I ST SE   THEFT
Theft First Degree (all Other Larceny)
 07/30/20
100 B/O O ST SE   ASSAULT WITH A DANGEROUS WEAPON  07/28/20
400 B/O M ST SE   THEFT
Shoplifting
 07/24/20
100 B/O M ST SE   BURGLARY
Burglary Two
 07/20/20
UNIT B/O N ST SE   ASSAULT WITH A DANGEROUS WEAPON  07/20/20
1200 B/O HALF ST SE   THEFT
Theft 2nd Degree (theft From Building)
 07/13/20
900 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/09/20
1500 B/O 1ST ST SE   SEX ABUSE
Assault W/intent To Commit First Degree Sexual Abuse (force) (rape)
 07/08/20
400 B/O K ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 07/06/20
1200 B/O HALF ST SE   THEFT
Theft First Degree (all Other Larceny)
 07/05/20
100 B/O H ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 07/03/20
100 B/O O ST SE   ROBBERY  07/03/20

Recent Issued Building Permits Archive  
1300 4TH ST SE 1001   
07/22/20 
LA FAMOSA / null
E2009613 / SUPPLEMENTAL
1300 4TH ST SE 130   
07/24/20 
TOM AN / KIMOY LALLEMENT
A2005055 / CONSTRUCTION
New sail shade awning at exterior private space of La Famosa restaurant (Permit #TL2000028)
900 5TH ST SE   
07/13/20 
null
B1906215-EXT-1 / CONSTRUCTION
1ST EXTENSION TO B1906215, EXTENSIOIN WILL EXPIRE ON 03 / 01 / 2020. ORIGINAL SCOPE: Reconstruction of 4-story residential building, the Arthur Capper Senior Center, damaged by fire.
1150 5TH ST SE   
07/08/20 
DISTRICT OF COLUMBIA / CASEY STRINGER; NA
B2008863 / CONSTRUCTION
DGS PROJECT Minor interior classroom renovations at existing school
   
07/16/20 
DISTRICT OF COLUMBIA / null
P2007453 / SUPPLEMENTAL
   
07/22/20 
DISTRICT OF COLUMBIA / null
E2009571 / SUPPLEMENTAL
10 I ST SE   
07/27/20 
CAPITOL HILL RACQUET CLUB / ANDREW ARNOLD; NA
SB2000413 / CONSTRUCTION
We propose drilling two (2), six-inch diameter geotechnical test borings (B-7 and B-8) using the hollow stem auger method to evaluate the subsurface conditions. The proposed test boring depths will be 85 feet below the existing ground surface. If a confining unit is encountered, outer casing will be installed which will extend 10 feet into the top of the confining unit or to the top of bedrock. Up...
423 L ST SE   
07/24/20 
JOHN P LANG / MARGO RICKS
SOL2001665 / CONSTRUCTION
To install 4.56 kW size of solar panels with a system height of 1.1 feet on roof of building.
250 M ST SE   
07/10/20 
SQUARE 769 LLC / null
E2009225 / SUPPLEMENTAL
   
07/21/20 
SQUARE 769 LLC / null
E2009527 / SUPPLEMENTAL
300 M ST SE   
07/27/20 
FEDERAL CENTER LP / null
E2009758 / SUPPLEMENTAL
861 NEW JERSEY AVE SE   
07/23/20 
GREYSTAR GP LLC / null
M2003144 / SUPPLEMENTAL
1105 NEW JERSEY AVE SE   
07/23/20 
GALLERY CAPITAL RIVERFRONT PROPERTY LLC / null
E2009620 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
07/08/20 
GALLERY CAPITOL RIVERFRONT PROPERTY LLC / null
M2002985 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 20590   
07/14/20 
JBG/FEDERAL CENTER LLC / SAM HOLLEN
B2006851 / CONSTRUCTION
INTERIOR RENOVATION TO 1ST FLOOR OFFICE SPACE. PARTITIONS, FURNITURE, MECHANICAL, ELECTRICAL AND LIFE SAFETY. NO PLUMBING. NO STRUCTURAL. 1700 SQUARE FEET. GSA / DOT
1275 NEW JERSEY AVE SE   
07/13/20 
FC 1275 NJ, LLC / PARKER HARRELL
SB2000382 / CONSTRUCTION
We are abandoning 14 gravel packed dewatering wells and one piezometer. All pumps and associated hardware will be removed from the wells. Each well casing will then be removed of perforated. We will then tremie each borehole using a bentonite slurry (two pounds bentonite powder to one gallon water).
1033 O ST SE 20374   
07/13/20 
UNITED STATES OF AMERICA / STANELY CARPENTER; JILL S CUTLER
BCIV2000111 / CONSTRUCTION
Install a safety shower and eye-wash station with a concrete base at the hazardous waste storage area near Building 166 at the Washington Navy Yard.
79 POTOMAC AVE SE 505   
07/15/20 
null / NA NA NA
EHOP20993669 / HOME OCCUPATION
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


Project Directory
Completed
Thompson Hotel ('20)
West Half ('19)
Novel South Capitol ('19)
Yards/Guild Apts. ('19)
Capper/The Harlow ('19)
New DC Water HQ ('19)
Yards/Bower Condos ('19)
Virginia Ave. Tunnel ('19)
99 M ('18)
Agora ('18)
1221 Van ('18)
District Winery ('17)
Insignia on M ('17)
F1rst/Residence Inn ('17)
One Hill South ('17)
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Cap. ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


Overviews
Capper/Carrollsburg
Anacostia Riverwalk
New Jersey Avenue
M Street
South Capitol Street
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Lower 8th Street
East M Street
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