City Commission

Back to Agenda OTTAWA CITY COMMISSION REVISED REGULAR MEETING AGENDA Wednesday, April 16, 2025 - 10:00 am Ottawa City Hall - 101 S. Hickory In accordance with Kansas Open Meetings Act (KOMA), the Citizens may in person, via Zoom or submit comments (300 meeting can be viewed live on Channel 23 and via Facebook Live words or less) for the City Commission to be read during public or listened to by dialing: 1-312-626-6799 and entering meeting comment or during discussion on an agenda item. ID 958 8516 8215#. To view on YouTube: https:// To submit your comment or request the meeting Zoom link to www.youtube.com/@ottawaksgov give a public comment, email publiccomments@ottawaks.gov If you need this information in another format or require a no later than 8:00 am on April 16, 2025; all emails must reasonable accommodation to attend this meeting, contact the include your name and address. Participants who generate City’s ADA Coordinator at 785-229-3621. Please provide advance unwanted or distracting noises may be muted by the meeting notice of at least two (2) working days. TTY users please call 711. host. If this happens, unmute yourself when you wish to speak. I. CALL TO ORDER II. ROLL CALL ____ Allen ____ Clayton ____ Caylor ____ Crowley ____ Skidmore III. WELCOME IV. PLEDGE OF ALLEGIANCE V. INVOCATION - Pastor Gregg Hall, LifeMission Church VI. PUBLIC COMMENTS Subject to the above restrictions, persons who wish to address the City Commission regarding items on the agenda may do so as that agenda item is called. Persons who wish to address the City Commission regarding items not on the agenda and that are under the jurisdiction of the City Commission may do so at this time when called upon by the Mayor. Comments on personnel matters and matters pending in court or with other outside tribunals are not permitted. Speakers are limited to three minutes. Any presentation is for information purposes only. The Governing Body will take comments under advisement. VII. APPOINTMENTS, PROCLAMATIONS, RECOGNITIONS, NOMINATIONS, AND PUBLIC HEARINGS A. Proclamation Recognizing April 20-26, 2025 as National Volunteer Recognition Week (P. 3 - 5) VIII. CONSENT AGENDA A. Minutes From April 9, 2025 Meeting (Pp. 6 - 8) B. Agenda Approval Motion: __________ Second: __________ Vote: __________ IX. DECLARATION At this time, I’d like to give the Commissioners a chance to declare any conflict or communication they’ve had that might influence their ability to consider today’s issues impartially. X. UNFINISHED BUSINESS XI. NEW BUSINESS A. Interviews for City of Ottawa Accessibility Advisory Board: 1. Andrea Morrow (10:00 am) (P. 9) 2. Nichole Hitchcock (10:15 am) (P. 10) 04.16.25 Regular Meeting Pkt Page #1  Back to Agenda B. Review of the 2025 Street Maintenance Plan – Director Welsh (Pp. 11 - 12) Comment: Director Welsh will present the 2025 Street Maintenance Plan. C. 2025 Franklin County Housing Study - Director Neece (Pp. 13 - 30) Comment: Receive and File a Report on Ottawa's 2025-2029 Housing Demand and Market Conditions as Projected by the Next Move Group in the March 2025 Assessment for the Franklin County Development Council. XII. COMMENTS BY CITY MANAGER XIII. COMMENTS BY GOVERNING BODY XIV. ANNOUNCEMENTS A. April 23, 2025 City Commission Meeting - 4:00 pm, City Hall B. April 30, 2025 City Commission Meeting - 4:00 pm, City Hall C. May 7, 2025 City Commission Meeting - 7:00 pm, City Hall XV. EXECUTIVE SESSION Motion: I move that the Commission recess into executive session at ______for a period of ____ minutes with the City Attorney, Bond Counsel, Finance Director, and City Manager present for the purpose of attor- ney client consultation. The justification for the closed session is to engage in confidential and privileged communication with the board’s attorneys by K.S.A. 75-4319(b)(12). The open meeting is to resume in this room at _______. XVI. ADJOURN 04.16.25 Regular Meeting Pkt Page #2  Back to Agenda Agenda Item: VII.A City of Ottawa City Commission Meeting April 16, 2025 TO: Honorable Mayor and City Commission SUBJECT: Recognition of City of Ottawa Volunteers INITIATED BY: City Manager’s Office AGENDA: Proclamation Recognizing April 27 – May 4, 2025 as Volunteer Week Recommendation: The City would like to recognize the following volunteers for serving their community. Background: Each year in April, volunteers across the Country are recognized for their commitment to community service. Department/Board Volunteers Lucas Munoz Jamie Roecker Jenae Wilson Fire Department Nathan O’Rourke-Chaplain Monica Swartley Gary Zoesch Tammy Alexander Ryan Flakus Travis Montgomery Lori Alexander Amanda Harn Kelly Newton Emily Allen Dean Harris Dylan O’Malley Lou Baker Kathy Hinderliter Julie Riggins Bailey Ball Ashley Hird Robbi Roecker Jeremy Beuttel Evonna James Ridley Roecker Cyndi Brewer Steve Jacobson Brett Schnellor Stephanie Britton Ashley Kauffman Jodi Smith Jared Carlson Kirsten Kincaid Griffin Snethen Ottawa Memorial Auditorium Sara Caylor Emily Lipiec Sara Stauffer Christina Christopher Sara Lissauer Alyssa Taylor Justin Circle Tiffany Luapula Shawn Turner Paula Crowell Ashleigh McDaniel Tim Van Leiden Rocky Evans Riley Mietchen Lisa Watts Sophie Evans Olivia Mietchen Daniel White Kim Evans Maddy Mille Stuart Wolzen Donna Ferguson Madeline Miller Erin Zuelke Angela Ferrell Jessica Montgomery Diane Caryl Susan Hughes Kelly Moore Frank Caryl Kevin James Steve Norris Jessica Caryl Dee James Justin Patterson Police Department Travis Caryl Ryan McCall Kyle Rynerson Byron Hurley Justin Farrell Stephanie Smith Ron Hughes 4th Judicial Correctional Crystal Anderson Adv Board Kim Bowers Patrick Gardner Marsha Hermreck Accessibility Advisory Board Daniel Brown Ashley Gillaspie Eileen Spickler John Fritts Chad Caylor Cal Lantis Jack Miller Airport Advisory Board Andrew Humm Doug McMullin Clark Rein Murle Mordy Regan Perry David White Band Board Mark Paquette Tom Shrimplin Board of Zoning Appeals Carla Griffith Bill Crowley Karen Walburn John Marconette Dennis Nowatzke Joseph Thomas Construction Board of Appeals Bryan Mille Brian North Jim Deane Jody Lancaster Linda Normile Library Board Sharon Geiss Sara Stauffer Tom Shrimplin 04.16.25 Regular Meeting Pkt Page #3  Back to Agenda Ottawa Memorial Auditorium Amy Carlson Matthew Parenti Nicole Smith Jessica Christopher Keith Shrimpton Pete Weber Board Mark Mitchell Leigh Hanson Matt Schurman Scott Vink Ottawa Recreation Commission DeEtta Lee Bruce Tate Bill Crowley Brian Kane Jack Maxwell Planning Commission Gary Harris Cal Lantis Diana Staresinic-Deane 04.16.25 Regular Meeting Pkt Page #4  Back to Agenda ■ WHEREAS, the entire community can effect positive change with any volunteer action no matter how big or small; and WHEREAS, volunteers in Ottawa have undertaken responsibilities that promote the general welfare of the city; and WHEREAS, during this week, all over the nation, service projects will be performed and volunteers will be recognized for their commitments to community service; and WHEREAS, in providing these services, volunteers have demonstrated a spirit of personal concern and wholehearted willingness to help others; and WHEREAS, volunteers are vital to our future as a caring and productive nation; WHEREAS, these volunteers are most deserving of appreciation and thanks; THEREFORE, we, the Governing Body of the City of Ottawa, Kansas do hereby proclaim the week of April 20-26, 2025 to be VOLUNTEER WEEK in the City of Ottawa and urges citizens to join the effort and “Celebrate Volunteers” in our communities. By volunteering and recognizing those who serve, we promote unity and fellowship, increase community awareness, and “Inspire by Example,” fostering a community of understanding and compassion. Signed this 16h day of April 2025. Emily Allen, Mayor 04.16.25 Regular Meeting Pkt Page #5  Back to Agenda Regular Meeting Minutes City Hall Minutes of April 9, 2025 The Governing Body met at 4:00 p.m. on this date for the Regular City Commission Meeting, with the following members present and participating: Mayor Allen, Commissioner Caylor, Commissioner Crowley and Commissioner Skidmore. Mayor Pro Tem Clayton joined the meeting at 4:45 pm. Mayor Allen called the meeting to order. Mayor Allen welcomed the audience and led the Pledge of Allegiance to the American flag. Pastor Dakota Smith from Ottawa Bible Church gave the invocation. Public Comments No public comments were received. Appointments, Proclamations, Recognitions, Nominations and Public Hearings None. Consent Agenda Commissioner Crowley moved to approve the consent agenda, seconded by Commissioner Skidmore. The agenda included the minutes from the April 2, 2025, Special Call Meeting and the April 2, 2025, Regular Meeting, as well as the Regular Meeting agenda. The motion was put to a vote, and all present voted in favor. The Mayor declared the consent agenda duly approved. Declaration None. Unfinished Business None. New Business Review of Economic Development Incentive Tools The Governing Body received a presentation from Bruce Kimmel of Ehlers and Tyler Ellsworth of Kutak Rock outlining the City of Ottawa’s economic development incentive tools as defined in Resolution 1797-19. The tools aim to support residential, small business, and commercial development aligned with community priorities, including job creation, housing expansion, and recruitment of high- tech and out-of-state businesses. The tools discussed included: • Industrial Revenue Bonds (IRBs): Provide sales and property tax benefits for qualifying projects; requires a cost-benefit analysis and minimum issuance of $2M. • Constitutional Tax Abatement: Offers partial property tax relief for business types not covered by IRBs. • Neighborhood Revitalization Program (NRP): Rebates incremental property tax increases for redevelopment in designated areas. • Tax Increment Financing (TIF): Captures new tax revenues in a district to fund infrastructure; typically used as pay-as-you-go financing. • Rural Housing Incentive Districts (RHID): Supports residential infrastructure development and requires state approval and a feasibility study. • Community Improvements District (CID): Implements an additional sales tax within a 04.16.25 Regular Meeting Pkt Page #6  Back to Agenda defined district to fund infrastructure improvements. • Transportation Development District (TDD): Finances transportation infrastructure through a sales tax or special assessment. • Special Benefit Districts (SBD): Funds public improvements via special assessments with costs shared among benefitted property owners. The presentation also emphasized the legal and financial oversight each tool requires. The Governing Body received and filed the report, and engaged in discussion regarding the application of the various incentives. Request to Consider an Ordinance Amending the Common Consumption Area (CCA) The Governing Body heard from City Clerk Reed on a proposed amendment to Ordinance 4131-24, which would eliminate the event-by-event licensing process for the Common Consumption Area (CCA), allowing year-round daily use from 9:00 am to 11:00 pm. Key points included: • The CCA was originally adopted by Ordinance 4131-24 and licensed by the State of Kansas in April 2024. • Thirteen events utilized the CCA in 2024, with five applications already submitted in 2025. • Removing the separate CCA license process would reduce administrative burden by approximately 50% • The amended ordinance allows daily use of the CCA from 9:00 am to 11:00 pm. • No safety incidents have been reported at CCA events. • Flexibility is retained through suspension authority granted to the City Manager or Police Chief. • Feedback from participating businesses supports maintaining the CCA year-round. Commissioner Crowley made a motion, seconded by Commissioner Caylor, to adopt an ordinance to amend the Common Consumption Area to remain open year-round, with the provision that the City .Manager or Chief of Police may close the area at their discretion. The motion was considered and upon being put, all present voted aye. The Mayor declared this ordinance duly adopted and numbered 4158-25. Request for Approval to Purchase Replacement Front Loader City Manager Silcott presented a request for the unscheduled replacement of Loader #148, a 2001 Case C621C. The loader has logged nearly 8,000 hours and experienced repeated mechanical issues, including a cracked bell housing and a failing torque converter, which is now obsolete. Since 2019, the City has spent $15,379 on repairs, with 40+ hours of staff time required per repair. A competitive bid process was conducted, and Equipment Share provided the lowest qualified bid. The replacement unit is priced at $179,652, inclusive of trade-in value and additional equipment, with funding available through the Equipment Reserve. Commissioner Skidmore made a motion, seconded by Commissioner Crowley, to authorize the purchase of a new front loader from Equipment Share in the amount of $179,652. The motion was considered and upon being put, all present voted aye. The Mayor declared this item duly approved. Consideration of a New Cereal Malt Beverage License for Pizza Time The Governing Body heard from City Clerk Reed, who presented a request to approve a new Cereal Malt Beverage license for new owners of Pizza Time located at 208 S. Main St. The following points 04.16.25 Regular Meeting Pkt Page #7  Back to Agenda ■ City of Ottawa Regular Meeting Minutes April 9, 2025 Page 3 were noted: • The previous license was held by the former owners and is non-transferable per municipal code. • The application is for on-premises consumption of CMB. • The application has been reviewed and approved by both the Police Department and City Attorney. • Upon approval, the City Clerk will collect the required $225 license fee and apply the state- issued stamp. Commissioner Crowley made a motion, seconded by Commissioner Caylor to approve the CMB license for Pizza Time, 208 S. Main St. The motion was considered and upon being put, all present voted aye. The Mayor declared the license duly approved. City Manager Comments City Manager Silcott reviewed upcoming events at OMA as well as operational highlights for Public Works, Utilities, and the Golf Course. Governing Body Comments Mayor Pro Tem Clayton reminded the community that on Saturday, April 19, at 8:00 a.m., there will be a downtown clean-up event beginning at Haley Park, focusing on alleyways and street corners. Following the clean-up, at 10:00 a.m., the community is invited to participate in an Easter Egg Hunt featuring 13,000 eggs. Announcements A. April 16, 2025 City Commission Meeting – 10:00 am, City Hall B. April 23, 2025 City Commission Meeting – 4:00 pm, City Hall C. April 30, 2025 City Commission Meeting – 4:00 pm, City Hall Adjournment There was no further business before the Governing Body, the Mayor Pro Tem declared the meeting duly adjourned at 5:07 pm. Melissa Reed, City Clerk 04.16.25 Regular Meeting Pkt Page #8  Back to Agenda ■ 04.16.25 Regular Meeting Pkt Page #9  Back CtoI T YAgenda OF City of Ottawa, Kansas Application to Serve on a Board or Commission Name of Board(s) you wish to serve on Accessibility Advisory Board Name Nichole Hitchcock Address Ottawa, KS 66067 Do you live within the City limits? V yes _ n o . Home phone number Cell phone number. Email address Place of employment Technical Assistance Support Network (TASN) How long have you been a resident of Ottawa? Since 2008 Since 2008 How long have you been a resident of Franklin County? Whatever is needed How much time can you devote to serving each month? Are you related to a Board/Commission member or a City employee? yes r no Briefly describe why you are interested in serving on a Board for the City of Ottawa. I have been in the field of special education since 2001. I have a lot of experience supporting children and adults with disabilities and would like to bring my expertise to the community in order to enhance community experiences for those with disabilities. List any groups or activities to which you belong and which may demonstrate your involvement in the community. I am not involved in any voluntary work at this time but would like start by being on the Accessibility Advisory Board. I am also looking into volunteering for Special Olympics. Have you read the Functions of the Board/Commission you're applying for? y e s n o (Found on City's Website at www.ottawaks.gov. / Government / Boards and Commissions) Signature Richile Vikhock Date 318?25 Thank you for your interest in serving on a City Board/Commission. Please complete this form and return it to the City Manager's Office, City Hall, PO Box 60, Ottawa, KS 66067; or bring to the Second Floor of City Hall at 101 S. Hickory. Receipt of applications will be acknowledged. If you have questions, please contact Glora Mathews at 785-229-3637, or by email at: gmathews@ottawaks.gov. 04.16.25 Regular Meeting Pkt Page #10  Back to Agenda Agenda Item: XI.A City of Ottawa City Commission Meeting April 9, 2025 TO: City Commission SUBJECT: 2025 Street Maintenance Plan INITIATED BY: Public Works Director AGENDA: New Business Recommendation: Staff recommend the City Commission receive and file the 2025 Street Maintenance Plan. Background: Each year, the City of Ottawa identifies priority streets requiring surface treatment to prolong pavement life and maintain safe driving conditions. The proposed 2025 maintenance list focuses primarily on chip and seal treatments for asphalt roads that show signs of surface wear. This plan continues the city's long-term strategy of rotating maintenance across all neighborhoods in a fiscally responsible and systematic manner. Analysis:. The 2025 Street Maintenance Plan includes surface improvements for 11 street segments throughout the city, all of which currently have asphalt pavement. The proposed treatment for 9 of these locations is chip and seal, a cost-effective method used to extend pavement life by sealing small cracks and providing a renewed driving surface with the remaining 2 being a Mill and Overlay. The combined area of all projects is approximately 48,725 square yards. This list is subject to change as roadway surface, subsurface, and financial resources become known. Street segment list and estimated quantities 2025 anticipated improvements: 2025 Project List Area Project Priority Current Pavement Type Street From To Length Width Proposed 2025 Total (SQ.YD.) Estimated Project Cost Asphalt N. Mulberry Dundee North St. 1513 28 4707 Chip and Seal $ 16,474.89 $16,475 Asphalt North St. Mulberry St. Davis 3490 28 10858 Chip and Seal $ 38,002.22 $54,477 Asphalt Lincoln 7th St. 15th St. 5280 22 12907 Chip and Seal $ 45,173.33 $99,650 Asphalt King St. Wilson St. Massasiot 1592 20 3538 Chip and Seal $ 12,382.22 $112,033 Asphalt Sycamore Redjacket Wilson 1048 30 3493 Chip and Seal $ 12,226.67 $124,259 Asphalt Cleveland Wilson St. Forest St. 2001 18 4002 Chip and Seal $ 14,007.00 $138,266 Asphalt Brockport Locust St. Cleveland St. 362 15 603 Chip and Seal $ 2,111.67 $140,378 Asphalt Avon St. Locust St. Cleveland St. 362 15 603 Chip and Seal $ 2,111.67 $142,490 Asphalt Addison St. Locust St. Cleveland St. 365 15 608 Chip and Seal $ 2,129.17 $144,619 Asphalt 7th St. Cedar St. Cherry St. 1996 22 4879 Mill and Overlay $ 93,678.93 $238,298 Asphalt 14th St. Main St. Cedar St. 758 30 2527 Mill and Overlay $ 48,512.00 $286,810 Financial Considerations: 04.16.25 Regular Meeting Pkt Page #11  Back to Agenda ■ The city engineers estimated cost of the 2025 Street Maintenance Plan is $286,810, based on projected costs for materials, labor, and equipment. Funding will be provided through the city's Special Street Fund. The program remains within the allocated annual maintenance funding. Legal Considerations: Approve as to form. Recommendation/Action: Receive and file Approve the implementation of the 2025 Street Maintenance Plan, authorizing Public Works to proceed with bidding and scheduling of proposed chip and seal and Mill and Overlay projects. • Take action at the April 16, 2025, Regular Meeting: “Receive and file the 2025 Street Maintenance Plan.” • Future Consideration: o Continue further deliberation at a future City Commission meeting for further discussion and consideration. Attachments: None 04.16.25 Regular Meeting Pkt Page #12  Back to Agenda Agenda Item: XI.C City of Ottawa City Commission Meeting April 16, 2025 TO: Mayor and City Commission SUBJECT: Receive and File a Report on Ottawa's 2025-2029 Housing Demand and Market Conditions INITIATED BY: Director of Neighborhood and Community Services AGENDA: New Business Recommendation: It is recommended the City Commission receive and file the 2025 Franklin County Housing Study, highlighting Ottawa’s five (5) year projected housing needs. Background: Having an up-to-date housing study is essential for guiding growth, economic development, and community well-being. As population trends shift and industries expand, demand for housing fluctuates, impacting affordability, availability, and infrastructure planning. An accurate housing study helps the City and developers make informed decisions about zoning, housing incentives, and resource allocation. By keeping housing studies updated, Kansas cities can proactively address challenges, attract new residents, and foster long-term economic stability. Having a current—within the last two years—housing study is also a requirement both for housing grants and for economic development tools that require approval from the state. The study before you (XI.C.1) was completed by the “Next Move Group” for the Franklin County Development Council. Staff appreciate the work that Paul Bean did to bring forward a housing study that provides granular income-based detail that should be useful to the development community as they consider investing in Ottawa. Analysis: The housing study for Ottawa, Kansas, projects a need for 344 new housing units by 2030, comprising 210 homes for sale and 134 rental units. This demand is driven by expected economic and population growth, including an increase in households earning between $75,000 and $100,000 annually. Additionally, Ottawa's share of new job creation in Franklin County, along with the influx of workers from major projects like the Panasonic plant, will contribute to the increased housing demand. The study also highlights affordability concerns, noting that Ottawa residents spend a significant portion of their income on debt, which affects mortgage qualification. To address this demand, specific housing targets are recommended for different price ranges. The study identifies a shortage of homes priced between $200,000 and $274,999, with only nine available but a need for 34 more. Similarly, rental units in the $800 to $999 range are in short supply, with none currently available but a projected need for 26 units. For higher income brackets, Ottawa requires 86 additional homes priced between $350,000 and $449,999 and 52 rental units between $1,200 and $1,499. The report underscores that these figures are based on projected household income changes and expected economic developments. 04.16.25 Regular Meeting Pkt Page #13  Back to Agenda Overall, Ottawa's housing market must expand to accommodate its growing population and workforce, particularly in the mid-range and higher-end price brackets. The study emphasizes the importance of maintaining a balanced jobs-to-housing ratio to ensure sustainable development. By addressing housing shortages at multiple price points, Ottawa can support its economic growth while ensuring adequate housing options for new and existing residents. Financial Considerations: No direct financial considerations at this time. Legal Considerations: None at this time. Recommendation/Actions: Receive and file the 2025 Franklin County Housing Study, highlighting Ottawa’s five (5) year projected housing needs. Attachments: • XI.C.1: 2025 Franklin County Housing Study 04.16.25 Regular Meeting Pkt Page #14  Back to Agenda 04.16.25 Regular Meeting Pkt Page #15  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Next Move Group projects that by 2030, Franklin County, Kansas, will require 893 new houses, consisting of 647 new homes for sale and 246 units for rent. Projections for the five-year housing demand by city: Ottawa will require 344 new houses, 210 homes for sale and 134 units for rent. Wellsville will require 94 new houses, 74 homes for sale and 20 units for rent. For a detailed breakdown, see the analysis on the following pages. 04.16.25 Regular Meeting Pkt Page #16  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Franklin County 81 NEW HOMES NEEDED FOR SALE $200,000 - $274,999 34 NEW UNITS NEEDED FOR RENT $800 - $999/mo Average households in Franklin County, KS Economic projections indicate 110 more households within Franklin County, Kansas, will make between $75,000 - $100,000 in 2030 than in 2025. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers for this income bracket. All these homes will not fit this price range and are distributed at various price points in this study. 18 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 128 new homes are needed for this income demographic. In Franklin County, Kansas, the average resident owns 73% of the time and rents 27% of the time. Therefore, 93 homes for sale are needed for this demographic and 35 rental units for rent are needed for this demographic from income demographics alone. In Franklin County, the average household spends $1,025.88 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $200,000 to $274,999 and a rental unit that averages $800 to $999 monthly in Franklin County. 12 homes are currently for sale priced between $200,000 to $274,999 and 1 rental unit for rent between $800 to $999. Therefore, Franklin County needs 81 new homes for sale between $200,000 to $274,999 and 34 new rental units for rent between $800 to $999. 04.16.25 Regular Meeting Pkt Page #17  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Franklin County 190 NEW HOMES NEEDED FOR SALE $275,000 - $349,999 73 NEW UNITS NEEDED FOR RENT $1,000 - $1,199/mo Average households in Franklin County, KS Economic projections indicate 212 more households within Franklin County, Kansas, will make between $100,000 - $150,000 in 2030 than in 2025. These projections are based on census projections and tax return data by ESRI. In addition to the natural growth mentioned above, Panasonic is investing $4 billion to build a 4,000-person plant (the largest in Kansas history), which will pay almost double local average wages. This sizable project will create additional demand for housing in Franklin County due to its proximity: Currently, 1.51% of Franklin County residents’ adjusted gross income comes from Johnson County–an adjacent county. Next Move Group projects that 2% of Panasonic’s workforce will relocate to Franklin County, creating demand for 80 additional homes: 40 in the $100,000-$150,000 income bracket, 20 in the $150,000-$200,000 bracket, and 20 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers for this income bracket. All these homes will not fit this price range and are distributed at various price points in this study. 18 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 270 new homes are needed for this income demographic. In Franklin County, Kansas, the average resident owns 73% of the time and rents 27% of the time. Therefore, 197 homes for sale are needed for this demographic and 73 rental units for rent are needed for this demographic from income demographics alone. In Franklin County, the average household spends $1,025.88 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $275,000 to $349,999 and a rental unit that averages $1,000 to $1,199 monthly in Franklin County. 7 homes are currently for sale priced between $275,000 to $349,999 and 0 rental units for rent between $1,000 to $1,199. Therefore, Franklin County needs 190 new homes for sale between $275,000 to $349,999 and 73 new rental units for rent between $1,000 to $1,199. 04.16.25 Regular Meeting Pkt Page #18  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Franklin County 275 NEW HOMES NEEDED FOR SALE $350,000 - $449,999 100 NEW UNITS NEEDED FOR RENT $1,200 - $1,499/mo Average households in Franklin County, KS Economic projections indicate 345 more households within Franklin County, Kansas, will make $150,000 - $200,000 in 2030 than in 2025. These projections are based on census projections and tax return data by ESRI. In addition to the natural growth mentioned above, Panasonic is investing $4 billion to build a 4,000-person plant (the largest in Kansas history), which will pay almost double local average wages. This sizable project will create additional demand for housing in Franklin County due to its proximity: Currently, 1.51% of Franklin County residents’ adjusted gross income comes from Johnson County–an adjacent county. Next Move Group projects that 2% of Panasonic’s workforce will relocate to Franklin County, creating demand for 80 additional homes: 40 in the $100,000-$150,000 income bracket, 20 in the $150,000-$200,000 bracket, and 20 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers for this income bracket. All these homes will not fit this price range and are distributed at various price points in this study. 18 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 383 new homes are needed for this income demographic. In Franklin County, Kansas, the average resident owns 73% of the time and rents 27% of the time. Therefore, 280 homes for sale are needed for this demographic and 103 rental units for rent are needed for this demographic from income demographics alone. In Franklin County, the average household spends $1,025.88 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $350,000 to $449,999 and typically desires a rental unit, which averages $1,200 to $1,499 monthly in Franklin County. 3 homes are currently for sale priced $350,000 to $449,999 and 3 rental units for rent between $1,200 to $1,499. Therefore, Franklin County needs 275 new homes for sale between $350,000 to $449,999 and 100 new rental units for rent between $1,200 to $1,499. 04.16.25 Regular Meeting Pkt Page #19  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Franklin County 101 NEW HOMES NEEDED FOR SALE $450,000+ 39 NEW UNITS NEEDED FOR RENT $1,500/mo+ Average households in Franklin County, KS Economic projections indicate 109 more households within Franklin County, Kansas, will make $200,000+ in 2030 than in 2025. These projections are based on census projections and tax return data by ESRI. In addition to the natural growth mentioned above, Panasonic is investing $4 billion to build a 4,000-person plant (the largest in Kansas history), which will pay almost double local average wages. This sizable project will create additional demand for housing in Franklin County due to its proximity: Currently, 1.51% of Franklin County residents’ adjusted gross income comes from Johnson County–an adjacent county. Next Move Group projects that 2% of Panasonic’s workforce will relocate to Franklin County, creating demand for 80 additional homes: 40 in the $100,000-$150,000 income bracket, 20 in the $150,000-$200,000 bracket, and 20 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers for this income bracket. All these homes will not fit this price range and are distributed at various price points in this study. 19 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 148 new homes are needed for this income demographic. In Franklin County, Kansas, the average resident owns 73% of the time and rents 27% of the time. Therefore, 108 homes for sale are needed for this demographic and 40 rental units for rent are needed for this demographic from income demographics alone. In Franklin County, the average household spends $1,025.88 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $450,000+ and typically desires a rental unit, which averages $1,500+ monthly in Franklin County. 7 homes are currently for sale priced $450,000+ and 1 rental unit for rent between $1,500+. Therefore, Franklin County needs 101 new homes for sale $450,000+ and 39 new rental units for rent $1,500+. 04.16.25 Regular Meeting Pkt Page #20  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Ottawa 34 NEW HOMES NEEDED FOR SALE $200,000 - $274,999 26 NEW UNITS NEEDED FOR RENT $800 - $999/mo Average households in Ottawa, KS Economic projections indicate 60 more households within Ottawa, Kansas, will make between $75,000 - $100,000 in 2030 than in 2025. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 48% of Franklin County resides in Ottawa. Therefore, we project 35 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 9 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 69 new homes are needed for this income demographic. In Ottawa, Kansas, the average resident owns 62% of the time and rents 38% of the time. Therefore, 43 homes for sale are needed for this demographic and 26 rental units for rent are needed for this demographic from income demographics alone. In Ottawa, the average household spends $949.81 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $200,000 to $274,999. This household income demographic typically desires a rental unit, which averages $800 to $999 monthly in Ottawa. 9 homes are currently for sale priced between $200,000 to $274,999 and 0 rental units for rent between $800 to $999. Therefore, Ottawa needs 34 new homes for sale between $200,000 to $274,999 and 26 new rental units for rent between $800 to $999. 04.16.25 Regular Meeting Pkt Page #21  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Ottawa 36 NEW HOMES NEEDED FOR SALE $275,000 - $349,999 24 NEW UNITS NEEDED FOR RENT $1,000 - $1,199/mo Average households in Ottawa, KS Economic projections indicate 35 more households within Ottawa, Kansas, will make between $100,000 - $150,000 in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Ottawa can account for 50-75% of that total. This would result in 40 to 60 new homes in Ottawa, so we estimate 50 will need to be built: 24 in the $100,000-$150,000 income bracket, 13 in the $150,000-$200,000 bracket, and 13 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs- to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 48% of Franklin County resides in Ottawa. Therefore, we project 35 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 9 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 68 new homes are needed for this income demographic. In Ottawa, Kansas, the average resident owns 62% of the time and rents 38% of the time. Therefore, 42 homes for sale are needed for this demographic and 26 rental units for rent are needed for this demographic from income demographics alone. In Ottawa, the average household spends $949.81 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $275,000 to $349,999. This household income demographic typically desires a rental unit, which averages $1,000 to $1,199 monthly in Ottawa. 6 homes are currently for sale priced between $275,000 to $349,999, and 2 rental units for rent between $1,000 to $1,199. Therefore, Ottawa needs 36 new homes for sale between $275,000 to $349,999 and 24 new rental units for rent between $1,000 to $1,199. 04.16.25 Regular Meeting Pkt Page #22  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Ottawa 86 NEW HOMES NEEDED FOR SALE $350,000 - $449,999 52 NEW UNITS NEEDED FOR RENT $1,200 - $1,499/mo Average households in Ottawa, KS Economic projections indicate 118 more households within Ottawa, Kansas, will make $150,000 - $200,000 in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Ottawa can account for 50-75% of that total. This would result in 40 to 60 new homes in Ottawa, so we estimate 50 will need to be built: 24 in the $100,000-$150,000 income bracket, 13 in the $150,000-$200,000 bracket, and 13 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs- to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 48% of Franklin County resides in Ottawa. Therefore, we project 35 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 9 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 140 new homes are needed for this income demographic. In Ottawa, Kansas, the average resident owns 62% of the time and rents 38% of the time. Therefore, 87 homes for sale are needed for this demographic and 53 rental units for rent are needed for this demographic from income demographics alone. In Ottawa, the average household spends $949.81 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $350,000 to $449,999 and a rental unit that averages $1,200 to $1,499 monthly in Ottawa. 1 home is currently for sale priced between $350,000 to $449,999 and 1 rental unit for rent between $1,200 to $1,499. Therefore, Ottawa needs 86 new homes for sale between $350,000 to $449,999 and 52 new rental units for rent between $1,200 to $1,499. 04.16.25 Regular Meeting Pkt Page #23  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Ottawa 54 NEW HOMES NEEDED FOR SALE $450,000+ 32 NEW UNITS NEEDED FOR RENT $1,500/mo+ Average households in Ottawa, KS Economic projections indicate 65 more households within Ottawa, Kansas, will make $200,000+ in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Ottawa can account for 50-75% of that total. This would result in 40 to 60 new homes in Ottawa, so we estimate 50 will need to be built: 24 in the $100,000-$150,000 income bracket, 13 in the $150,000-$200,000 bracket, and 13 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs- to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 48% of Franklin County resides in Ottawa. Therefore, we project 35 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 9 homes are added at this price point to allocate for these 250 new jobs. Based on the above, 87 new homes are needed for this income demographic. In Ottawa, Kansas, the average resident owns 62% of the time and rents 38% of the time. Therefore, 54 homes for sale are needed for this demographic and 33 rental units for rent are needed for this demographic from income demographics alone. In Ottawa, the average household spends $949.81 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $450,000+ and typically desires a rental unit which averages $1,500+ monthly in Ottawa. 0 homes are currently for sale priced $450,000+ and 1 rental unit for rent between $1,500+. Therefore, Ottawa needs 54 new homes for sale $450,000+ and 32 new rental units for rent $1,500+. 04.16.25 Regular Meeting Pkt Page #24  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Wellsville 17 NEW HOMES NEEDED FOR SALE $200,000 - $274,999 04 NEW UNITS NEEDED FOR RENT $800 - $999/mo Average households in Wellsville, KS Economic projections indicate 22 more households within Wellsville, Kansas, will make between $75,000 - $100,000 in 2030 than in 2025. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to-housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 7% of Franklin County resides in Ottawa. Therefore, we project 5 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 1 home is added at this price point to allocate for these 250 new jobs. Based on the above, 23 new homes are needed for this income demographic. In Wellsville, Kansas, the average resident owns 77% of the time and rents 23% of the time. Therefore, 18 homes for sale are needed for this demographic and 5 rental units for rent are needed for this demographic from income demographics alone. In Wellsville, the average household spends $1,024.57 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $200,000 to $274,999. This household income demographic typically desires a rental unit which averages $800 to $999 monthly in Wellsville. 1 home is currently for sale priced between $200,000 to $274,999 and 1 rental unit for rent between $800 to $999. Therefore, Wellsville needs 17 new homes for sale between $200,000 to $274,999 and 4 new rental units for rent between $800 to $999. 04.16.25 Regular Meeting Pkt Page #25  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Wellsville 24 NEW HOMES NEEDED FOR SALE $275,000 - $349,999 07 NEW UNITS NEEDED FOR RENT $1,000 - $1,199/mo Average households in Wellsville, KS Economic projections indicate 17 more households within Wellsville, Kansas, will make between $100,000 - $150,000 in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Wellsville can account for 25-50% of that total. This would result in 20 to 40 new homes in Wellsville, so we estimate 30 will need to be built: 14 in the $100,000-$150,000 income bracket, 8 in the $150,000-$200,000 bracket, and 8 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 7% of Franklin County resides in Ottawa. Therefore, we project 5 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 1 home is added at this price point to allocate for these 250 new jobs. Based on the above, 32 new homes are needed for this income demographic. In Wellsville, Kansas, the average resident owns 77% of the time and rents 23% of the time. Therefore, 25 homes for sale are needed for this demographic and 7 rental units for rent are needed for this demographic from income demographics alone. In Wellsville, the average household spends $1,024.57 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $275,000 to $349,999. This household income demographic typically desires a rental unit which averages $1,000 to $1,199 monthly in Wellsville. 1 home is currently for sale priced between $275,000 to $349,999 and 0 rental units for rent between $1,000 to $1,199. Therefore, Wellsville needs 24 new homes for sale between $275,000 to $349,999 and 7 new rental units for rent between $1,000 to $1,199. 04.16.25 Regular Meeting Pkt Page #26  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Wellsville 15 NEW HOMES NEEDED FOR SALE $350,000 - $449,999 03 NEW UNITS NEEDED FOR RENT $1,200 - $1,499/mo Average households in Wellsville, KS Economic projections indicate 10 more households within Wellsville, Kansas, will make $150,000 - $200,000 in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Wellsville can account for 25-50% of that total. This would result in 20 to 40 new homes in Wellsville, so we estimate 30 will need to be built: 14 in the $100,000-$150,000 income bracket, 8 in the $150,000-$200,000 bracket, and 8 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 7% of Franklin County resides in Ottawa. Therefore, we project 5 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 1 home is added at this price point to allocate for these 250 new jobs. Based on the above, 19 new homes are needed for this income demographic. In Wellsville, Kansas, the average resident owns 77% of the time and rents 23% of the time. Therefore, 15 homes for sale are needed for this demographic and 4 rental units for rent are needed for this demographic from income demographics alone. In Wellsville, the average household spends $1,024.57 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $350,000 to $449,999 and typically desires a rental unit which averages $1,200 to $1,499 monthly in Wellsville. 0 homes are currently for sale priced $350,000 to $449,999 and 1 rental unit for rent between $1,200 to $1,499. Therefore, Wellsville needs 15 new homes for sale between $350,000 to $449,999 and 3 new rental units for rent between $1,200 to $1,499. 04.16.25 Regular Meeting Pkt Page #27  Back to Agenda Our Recommendations For New Housing Needed Over the Next 5 Years Wellsville 18 NEW HOMES NEEDED FOR SALE $450,000+ 06 NEW UNITS NEEDED FOR RENT $1,500/mo+ Average households in Wellsville, KS Economic projections indicate 19 more households within Wellsville, Kansas, will make $200,000+ in 2030 than in 2025. In addition to the natural growth mentioned above, the Panasonic project is expected to create demand for 80 new homes, and Wellsville can account for 25-50% of that total. This would result in 20 to 40 new homes in Wellsville, so we estimate 30 will need to be built: 14 in the $100,000-$150,000 income bracket, 8 in the $150,000-$200,000 bracket, and 8 in the $200,000+ bracket. Additionally, over the next 5 years, 250 new jobs are expected to be created in Franklin County due to economic development efforts. Based on existing ratios of people who both live and work in Franklin County, we estimate that 44% of these new jobs would likely reside in Franklin County. This creates an additional demand of 110 new households. The American Planning Association recommends a 1.5 jobs-to- housing ratio for balanced communities. Accordingly, an additional 73 housing units need to be added to the base growth numbers. 7% of Franklin County resides in Ottawa. Therefore, we project 5 additional houses are needed. All these homes will not fit this price range and are distributed at various price points in this study. 1 home is added at this price point to allocate for these 250 new jobs. Based on the above, 28 new homes are needed for this income demographic. In Wellsville, Kansas, the average resident owns 77% of the time and rents 23% of the time. Therefore, 22 homes for sale are needed for this demographic and 6 rental units for rent are needed for this demographic from income demographics alone. In Wellsville, the average household spends $1,024.57 monthly on car notes, credit card payments, and student loan payments, which affects the amount of mortgage for which households can qualify. At the time of this study, 30-year mortgage rates with a 9% down payment (2024 National Association of Realtors average down payment release) are 6.83%. Based on the math above, this household income demographic typically desires homes priced at $450,000+ and typically desires a rental unit, which averages $1,500+ monthly in Wellsville. 4 homes are currently for sale priced $450,000+ and 0 rental units for rent between $1,500+. Therefore, Wellsville needs 18 new homes for sale $450,000+ and 6 new rental units for rent $1,500+. 04.16.25 Regular Meeting Pkt Page #28  Back to Agenda Our Approach For New Housing Needed Over the Next 5 Years Assumptions made for these Recommendations: State: Kansas Loan Term: 30-year, fixed Interest Rate: 6.83% Down Payment: 9% Monthly Debts: $1,025.88 (Franklin County), $949.81 (Ottawa), $1,024.57 (Wellsville) Payment Being No More Than 35% of Monthly Gross Income Sources Used for these Recommendations: ESRI, ArcGIS American Community Survey U.S. Census Bureau American Planning Association Wells Fargo Mortgage Calculator Bankrate.com National Association of Realtors City Data (city-data.com) FRED (Federal Reserve Economic Data) Zillow, Redfin, Apartments.com, Realtor.com, Facebook Marketplace 04.16.25 Regular Meeting Pkt Page #29  Back to Agenda WE HAVE SERVICED CLIENTS FROM ALL THE STATES IN BLUE SINCE 2014 About Next Move Group: Next Move Group is a site selection and economic development firm that has serviced over 800 customers from Kennebec, Maine, to Kennewick, Washington, and all parts in between. Our team includes a graduate of the Goldman Sachs 10,000 Small Businesses Accelerator Program, which helps entrepreneurs create jobs and economic opportunity by providing access to education, capital, and support services. Next Move Group, LLC www.nextmovegroup.com info@nextmovegroup.com 800-764-3105 04.16.25 Regular Meeting Pkt Page #30