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RES-2019-046 Resolution authorizing the conveyance of County-owned personal property by Private Sale to EmPOWERment to provide affordable housing to persons of low or moderate income
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RES-2019-046 Resolution authorizing the conveyance of County-owned personal property by Private Sale to EmPOWERment to provide affordable housing to persons of low or moderate income
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Last modified
9/4/2019 11:36:19 AM
Creation date
6/21/2019 2:32:00 PM
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BOCC
Date
6/18/2019
Meeting Type
Regular Meeting
Document Type
Resolution
Agenda Item
8-t
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Agenda 06-18-19 Item 8-t - Approval of the Transfer of Ownership of Two (2) Manufactured Home Units to EmPOWERment, Inc.
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\Board of County Commissioners\BOCC Agendas\2010's\2019\Agenda - 06-18-19 Regular Meeting
Minutes 06-18-19 Regular Meeting
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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2019
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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 /> 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 /> Adopted this the 18th day of June 2019 . <br /> nny Rich , CJqai <br /> range Count B and of Commissioners <br /> ATTEST • <br /> Do a B 1 k to oard <br /> Approved as to form nd legal sufficiency . <br /> Cou Attorney s Office <br />
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