Board of Aldermen 02-23-2021 Page 7
But how are we linking this project? Well we are linking the project in the way in which the Mayor and the
Aldermen have linked the Performance Arts Center with the School Street Flats. They see that it’s
advantageous in terms of the project. There were residents and abutters who really felt that the loss of parking
spaces was going to be a detriment to them. And in the same way, we think the Bronstein residents should be
honored and they can be honored in a variety of ways and supported in that by their house, if in fact the project
goes through and it is demolished, they will need to move. As a result of their loss, if you will, it will provide the
opportunity for another 165, actually another 200 plus families that will be able to move to Bronstein.
So we think in this way it will send a very powerful message to these families about what they are going to be
going through and it could be done in a very, | think, low cost overall to the City. Specifically what | mean by
that is if you look at compensating the families at Bronstein and looking at ways that my proposal today about
the housing trust, you can come up with a way that the housing trust could have been financed for about
$1,000.00 per unit.
President Wilshire
Mr. Keating, you need to start wrapping up. Thank you.
Mr. Keating Ok well in essence, in saying that for less than 3% of how much the Board is paying for the
authorizations for the two bonds that you can seed even further, which is a great thing that the Mayor is
proposing and at the same time to offer money to the residents of Bronstein if their project is developed. But
again, | am glad to hear the housing trust thing. The last one is | am able to speak at the end when it comes up
about the housing trust. So I'll save my remarks for that. Thank you.
President Wilshire
Not during the conversation, we have another Public Comment period after we take action.
Mr. Keating Right. OK.
President Wilshire
Thank you. Anyone else? Could you give your name and address for the record please. You are on mute, sir?
Mr. Keating It’s Prospero (? Spelling). Can anyone text him and just tell him to unmute?
Unidentified Speaker (inaudible) the people (inaudible).
President Wilshire
Ok we need your name and address for the record sir. I’m not sure that we got that. You have three minutes if
you want to address the Board, sir.
Background noise
President Wilshire
It’s your turn you can go.
Background noise continues — unidentified person speaking
President Wilshire
Did you want to address the Board.
