HOUSING AUTHORITY AND

COMMUNITY SERVICES AGENCY

December 13, 2000

9:00 a.m.

Commissioners' Conference Room

 

Commissioner Peter Sorenson presided with Commissioners Bill Dwyer, Bobby Green, Sr., Anna Morrison and Cindy Weeldreyer present.  County Administrator Bill Van Vactor, County Counsel Teresa Wilson and Recording Secretary Melissa Zimmer were also present.

 

1. PUBLIC COMMENTS

 

None.

 

2. REGULAR BUSINESS

 

a. ORDER 00-12-13-1H Authorizing (1) the Execution of the Second Amendment to Option to Purchase Munsel Park Apartments; (2) the Execution of Assignment of Option by HACSA as Grantor and General Partner of Munsel Park Limited Partnership as Grantee; and (3) the Exercise of the Purchase Option Agreement.

 

Jim McCoy, HACSA, reported that this was evidence of the progress on the acquisition of the Munsel Park Apartments in Florence.  He recalled that Munsel Park was an existing rural development project and the mortgage became eligible for pre-payment.  He said they have been involved in putting together a financial package to acquire and maintain it as low-income housing with an option to purchase.  He said the assumptions of the existing loans would take place in February or March.

 

MOTION: to approve ORDER 00-12-13-1H.

 

Morrison MOVED, Dwyer SECONDED.

 

VOTE: 5-0.

 

3. CONSENT CALENDAR

 

a. Approval of Minutes: None.

 

4. EXECUTIVE SESSION as per ORS 192.660

 

None.

 

There being no further business, Commissioner Sorenson adjourned the meeting at 9:07 a.m.

 

Melissa Zimmer

Recording Secretary

 

go_to.gif (1155 bytes)Back to Board Notices