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5 <br /> 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 home to EmPOWERment for the price of one dollar ($1.00) <br /> with the covenant that EmPOWERment shall rent the manufactured home 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 10th day of March, 2020. <br /> Penny Rich, Chair <br /> Orange County Board of Commissioners <br /> ATTEST: <br /> Donna Baker, Clerk to the Board <br /> Approved as to form and legal sufficiency: <br /> County Attorney's Office <br />