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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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Recent Crime Incidents Archive  
900 B/O M ST SE   THEFT
2nd Degree
 07/02/15
500 B/O M ST SE   THEFT F/AUTO
 06/28/15
1000 B/O 1ST ST SE   THEFT
2nd Degree - Parking Lot/ Garage
 06/28/15
1100 B/O NEW JERSEY AVE SE   THEFT
 06/28/15
400 B/O M ST SE   THEFT
2nd Degree - Grocery/ Supermarket
 06/25/15
300 B/O TINGEY ST SE   THEFT
 06/24/15
900 B/O 3RD ST SE   THEFT F/AUTO
Theft From Auto 1 - / Unknown
 06/23/15
1100 B/O NEW JERSEY AVE SE   THEFT
2nd Degree - Construction Site
 06/23/15
1100 B/O 1ST ST SE   THEFT
2nd Degree - Residence/ Home
 06/22/15
1000 B/O K ST SE   MOTOR VEHICLE THEFT
Unauthorized Use Of Vehicle
 06/22/15
1100 B/O 1ST ST SE   THEFT F/AUTO
- Parking Lot/ Garage
 06/21/15
1000 B/O 8TH ST SE   THEFT F/AUTO
 06/20/15
800 B/O L ST SE   THEFT F/AUTO
 06/20/15
   THEFT
2nd Degree
 06/19/15
54 B/O M ST SE   THEFT F/AUTO
 06/19/15
400 B/O M ST SE   ASSAULT W/DANGEROUS WEAPON
Adw -- Other Dangerous Weapon - Public Housing Project
 06/19/15
400 B/O M ST SE   THEFT
 06/14/15
K & HALF ST SE   THEFT F/AUTO
 06/11/15
1300 B/O 4TH ST SE   ASSAULT W/DANGEROUS WEAPON
 06/11/15
UNIT B/O K ST SE   THEFT F/AUTO
 06/11/15
VIRGINIA AVE & 8TH ST SE   THEFT F/AUTO
 06/10/15
8TH & L ST SE   THEFT F/AUTO
 06/10/15
500 B/O M ST SE   THEFT
 06/09/15
1100 B/O 1ST ST SE   THEFT
 06/09/15
900 B/O NEW JERSEY AVE SE   THEFT
 06/07/15
L & HALF ST SE   MOTOR VEHICLE THEFT
 06/06/15

Recent Issued Building Permits Archive  
1011 1ST ST SE   
06/24/15 
NA NA NA
EHOP1590680 / HOME OCCUPATION
1265 1ST ST SE   
06/25/15 
HAMPTON INN / TIM MEALEY SIGNS; NONE
SG1500270 / CONSTRUCTION
INSTALL SIGN 37.3 FT X 4FT INSTALL 1'X9' SIGN ABOVE THE DOOR
1277 1ST ST SE   
06/23/15 
ANCHOR CONSTRUCTION
AH1500523 / CONSTRUCTION
EXCAVATION CATCH BASINS MANHOLE INSTALLATION SEWER MAIN LINE SEWER SERVICE LATERAL
1331 2ND ST SE   
06/29/15 
CORMAN CONSTRUCTION
AH1500543 / CONSTRUCTION
TUNNEL BORING MACHINE ? EQUIPMENT
1000 5TH ST SE   
06/17/15 
DISTRICT OF COLUMBIA /
P1506682 / SUPPLEMENTAL
909 HALF ST SE   
06/29/15 
23 I LLC C/O RELATED COMPANIES / PITTINGER-DUNHA CAPITOL PERMITS
FD1500043 / CONSTRUCTION
FOUNDATION-TO-GRADE ONLY UNDER THIS TPR / PROJECTDOX SUBMISSION.
   
07/02/15 
RELATED COMPANIES RELATED COMPANIES / DENNIS STUBBS; RELATED COMPANI RELATED COMPANIES; DENNIS STUBBS
P98189559 / SUPPLEMENTAL
82 I ST SE   
06/23/15 
CSX TRANSPORTATION INC / MILLER?LONG
TC1500024 / CONSTRUCTION
TOWER CRANE FOR JOBSITE USE
   
06/25/15 
CRANE SERVICE CO / CHRISTINE LONG
AH1500530 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 4:00AM THRU 9:00PM
125 L ST SE   
06/26/15 
CRANE SERVICE CO / CRANE SERVICE CO; CHRISTINE LONG
AH1500526 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM 4AM SATURDAY THRU 9PM SUNDAY
55 M ST SE   
06/16/15 
HINES GLOBAL REIT 55 M STREET LLC / DENNIS R. WOODE
E1506693 / SUPPLEMENTAL
   
06/17/15 
HINES GLOBAL REIT 55 M STREET LLC /
P1506705 / SUPPLEMENTAL
80 M ST SE   
06/19/15 
WELLS REIT II 80 M STREET LLC /
P1506802 / SUPPLEMENTAL
50 M ST SE   
06/19/15 
WASHINGTON DC / FRANCISCO CRANERENTAL CO.
AH1500511 / CONSTRUCTION
AFTER HOURS PERMIT TO WORK SATURDAY 5AM TO 7PM SUNDAY INCONJUNCTION WITH D-DOT PERMIT # 10194482
   
07/02/15 
KCG 50 M LLC / JOE SAFFER
P1507193 / SUPPLEMENTAL
55 M ST SE   
06/16/15 
HINES GLOBAL REIT 55 M STREET LLC / DENNIS R. WOODE
E1506692 / SUPPLEMENTAL
   
06/17/15 
HINES GLOBAL REIT / JOHN KITTELBERGER; HINES GLOBAL REIT; JOHN KITTELBERGER
P65815829 / SUPPLEMENTAL
80 M ST SE   
06/16/15 
UNKNOWN UNKNOWN / PATRICK BARRON; UNKNOWN UNKNOWN; ROBIN MALLEY
E70224790 / SUPPLEMENTAL
400 M ST SE   
06/17/15 
EDGEWOOD MANAGEMENT CORP.
B1508977 / CONSTRUCTION
FIRE DAMAGE REPAIR TO ORIGINAL CONDITION .ALL INTERIOR WORK NO STRUCTURAL DAMAGE. REMOVE AND REPLACE AS NEEDED DRYWALL DISCONNECT RECONNECT PLUMBING FIXTURES . REWIRE AS NEEDED IF NEEDED FINISHES AND PAINT.
800 NEW JERSEY AVE SE   
06/18/15 
BAKER DC / CHRISTINE LONG
AH1500510 / CONSTRUCTION
AN AFTER HOURS PERMIT IS RESPECTFULLY REQUESTED FROM7:00PM THRU 7:00AM MONDAY THRU SUNDAY
1000 NEW JERSEY AVE SE   
06/25/15 
DANIEL WHITE
PC41402425 / POST CARD
INSTALLATION OF NOT MORE THAN 10 NEW OUTLETS AND NOT MORE THAN 10 NEW LIGHTING FIXTURES FOR A RESIDENTIAL COMMERCIAL OR INDUSTRIAL PROJECT.
1100 NEW JERSEY AVE SE   
06/30/15 
DC WATER
AH1500545 / CONSTRUCTION
INSTALLING AND MAINTAINING FLOW METERS AT SPECIFIC MANHOLES ON THE STREET AT 1100 BLOCK OF NEW JERSY AVE SE AND ALONG BEACH DRIVE NW STREET FROM 7PM TO 7AM MONDAY TO FRIDAY FROM 07 / 06 / 15 TO 07 / 01 / 16
   
07/01/15 
SQUARE 742 LLC / ADVANTAGE ENGINEERS O/B/O SPRINT
AN1500181 / CONSTRUCTION
SPRINT PROPOSES TO REMOVE 2 ANTENNAS FROM THE NORTHERN FACE OF THE PENTHOUSE WALL AND INSTALL ONE ANTENNA TO THE SOUTHERN FACE OF THE PENTHOUSE WALL. THE CURRENT TOTAL IS 6 ANTENNAS. AFTER CONSTRUCTION THERE WILL BE 5 ANTENNAS. SPRINT WILL INSTALL 3 RRUS BEHIND THE EXISTING SCREEN WALL.
1111 NEW JERSEY AVE SE   
06/15/15 
MILLER?LONG
AH1500500 / CONSTRUCTION
AFTER HOURS TO POUR CONCRETE ON JOBSITE 6 / 16 / 2015 FROM 4AM TO 9PM
   
06/23/15 
MILLER?LONG
TC1500021 / CONSTRUCTION
TOWER CRANE FOR JOBSITE USE
1236 SOUTH CAPITOL ST SE   
06/16/15 
1244 SOUTH CAPITOL RESIDENTIAL LLC / WILLIAM G WATT
E1506682 / SUPPLEMENTAL
1244 SOUTH CAPITOL ST SE   
06/17/15 
1244 SOUTH CAPITOL RESIDENTIAL LLC C/O THE JBG COMPANIES / PITTINGER-DUNHA CAPITOL PERMITS
B1508279 / CONSTRUCTION
APPLICATION IN SUPPORT OF A TEMPORARY CERTIFICATE OF OCCUPANCY ALLOWING A POP-UP FOOD VENDOR TO SELL PREPARED FOODS INCLUDING BEER AND WINE ON A PRIVATE VACANT FORMER GAS STATION LOT ADJACENT TO THE NATIONAL'S STADIUM. CERTIFICATE WILL GAVE AN EXPIRATION DATE OF OCTOBER 5TH 2015. NO ALTERATION OR REPAIR WORK NEEDED FOR THIS USE OTHER THAN THE ERECTION OF 2 TEMPORARY 10'X10' TENTS.
   
06/19/15 
244 SOUTH CAPITOL RESIDENTIAL LLC C/O THE JBG COMPANIES / PITTINGER-DUNHA CAPITOL PERMITS
D1500624 / CONSTRUCTION
DEMOLITION OF A FREESTANDING CANOPY FROM VACANT LOT.
1500 SOUTH CAPITOL ST SE   
06/15/15 
WASHINGTON NATIONALS /
P1506602 / SUPPLEMENTAL
   
06/16/15 
NATIONALS PARK / RANDAL COX; NATIONALS PARK; RANDAL COX
E24923456 / SUPPLEMENTAL
   
06/17/15 
WASHINGTON NATIONALS / STEPHEN J. EXELBERT
P1506712 / SUPPLEMENTAL
   
06/17/15 
NATIONALS PARK / NATIONALS PARK; GEORGE DELGADO
F1500177 / CONSTRUCTION
REPLACEMENT OF 6 EXISTING FENCES AND GATES.
   
06/17/15 
NATIONALS PARK / GEORGE DELGADO
B1504325 / CONSTRUCTION
REMOVING EXISTING EXTERIOR CUSTOM ENTRY EXIT SWING GATES AND REPLACING THEM WITH PERIMETER SECURITY MAGNETOMETER IN CUSTOM ENTRY GATES SYSTEM.
   
06/19/15 
WASHINGTON NATIONALS / KRISTINA DELGADO
B1506810 / CONSTRUCTION
INSTALL A NEW PIZZA OVEN TO REPLACE EXISTING STONE COUNTER AND REFRESH ADJACENT FINISHES
   
06/23/15 
HEE YEOL HWANG
E1506849 / SUPPLEMENTAL
   
06/23/15 
WASHINGTON NATIONALS / WILLIAM P SAUREST
P1506904 / SUPPLEMENTAL
   
06/23/15 
LERNER / GEORGE DELGADO
B1509214 / CONSTRUCTION
FIRE ALARM WORK
   
06/23/15 
LERNER ENTERPRISES / NELSON TYLER SR; LERNER ENTERPRISES; NELSON TYLER
G94674970 / SUPPLEMENTAL
   
06/23/15 
LERNER ENTERPRISES / NELSON TYLER; LERNER ENTERPRISES; NELSON TYLER
P39325856 / SUPPLEMENTAL
   
06/27/15 
KRISTINA DELGADO / KRISTINA DELGADO; KRISTINA DELGADO; PHIL HAUHN
E79532492 / SUPPLEMENTAL
301 WATER ST SE   
06/18/15 
ATHUR LI / ALTAMERA GROUP / PETER NETTELBEC TEASS-WARREN ARCHITECTS
TL1500091 / CONSTRUCTION
NEW TENANT LAYOUT OF EXISTING CORE AND SHELL SPACE PERMITTED UNDER B1306803 / ZC #08-04A FOR A NEW RESTAURANT {PIZZA KIOSK} IN TENANT SPACE A WORK TO INCLUDE NEW MECHANICAL ELECTRICAL AND PLUMBING.
   
06/25/15 
FC LUMBER SHED LLC /
P1507016 / SUPPLEMENTAL
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  
M ST   04/10/15
$ 20,000,000
25 M STREET HOLDINGS LLC JOHN AKRIDGE COMPANIES
 


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