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1. That the County Manager is hereby authorized, subject to legal review and approval <br />by the County Attorney, to execute the necessary documents to convey the above- <br />described manufactured homes to EmPOWERment for the price of one dollar ($1.00) <br />with the covenant that EmPOWERment shall rent the manufactured homes to low <br />income families earning up to 80% of the HUD area median income, including <br />entering into lease-purchase agreements with eligible tenant families to facilitate <br />homeownership by persons of low or moderate income in Orange County, pursuant <br />to Orange County’s Displacement Mitigation Assistance Program (“DMAP”). <br />Tenants participating in DMAP’s lease-purchase component shall spend no more than <br />thirty percent (30%) of their total household income on the purchase of the unit. <br />EmPOWERment shall further covenant to return to Orange County on a monthly <br />basis all payments made by tenants who will be purchasing their replacement <br />manufactured home unit under the lease-purchase component of the Displacement <br />Mitigation Assistance Program (DMAP), not including the monthly maintenance fee <br />or lot rental fee. <br /> <br />2. That the Clerk to the Board is directed to publish a notice summarizing the contents <br />of the resolution once after its adoption, and that the transfer of the manufactured <br />homes to EmPOWERment not be consummated until at least ten (10) days after its <br />publication. <br /> <br /> <br /> <br />Adopted this the 18th day of June 2019. <br /> <br /> <br />_________________________________ <br />Penny Rich, Chair <br />Orange County Board of Commissioners <br />ATTEST: <br /> <br />___________________________ <br />Donna Baker, Clerk to the Board <br /> <br />Approved as to form and legal sufficiency: <br /> <br />________________________________ <br />County Attorney’s Office <br /> <br />5