Agenda

Meeting Of The Board Of The

Redevelopment Authority Of The County Of Lancaster

Tuesday, April 27, 2010

Immediately Following The 4:30 P.M. Board Meeting Of The

Lancaster County Housing Authority

At The Offices Of The

Lancaster County Housing And Redevelopment Authorities

202 North Prince Street, 4th Floor, Suite 400

Lancaster, PA  17603

_____________________________

 

 

I.                     Call to Order

II.                   Public Comments

III.                  Minutes of the Regular February 23, 2010 and Special April 6, 2010 Meetings

IV.               Treasurer’s Reports for February and March 2010

V.                 Report of the Executive Director

VI.               Correspondence/Communications

VII.              Committee Reports

             

VIII.            Old Business

Withdrawal of Resolution #4 from January 2010

The Board is asked to withdraw Resolution #4 from January 26, 2010 and later in this meeting to approve its replacement with Agenda Item # 6 under New Business. The January Resolution approved an Amendment to the Scope of Services in the Contract with Community Action Program of Lancaster County in order to allow for lead-based paint assessments for the Homeless Prevention Program.


IX.                New Business     

1.         Resolution Granting Approval for Issuance of a Tax-exempt Revenue Note of up to $2,550,000 to Hess Capital LP for The Historic East Side Suites

 

The Board is asked to authorize the issue and sale of Recovery Zone Facility Bonds under the American Recovery and Reinvestment Act of 2009 to finance a portion of (i) the acquisition of real estate located at 141-159 East King Street, Lancaster, (ii) its renovation into 17 apartment units and approximately 8,000 square feet of commercial space; and (iii) certain costs of issuance connected with the Project.

 

Furthermore, The Chairman, Vice Chairman, Secretary or Assistant Secretary or any other officer of the Authority are asked to authorize, execute and deliver any other documents, certificates and instruments necessary to finance the Project and the other transactions covered by the Resolution.

 

Furthermore, the Board is asked to approve the appointment of Barley Snyder LLC as Counsel in connection with the Project and the issuance of the Note.

 

Furthermore,  the Chairman or Vice Chairman are each authorized to execute Form 8038 and any other letters, elections, statements, certificates, or documents that may be necessary in the opinion of Note Counsel and counsel to the Authority to maintain the tax exempt status of the Authority Note as required by the Code.

 

 

2.         Resolution Granting Approval for Issuance of a Tax-exempt Revenue Note of up to $4,550,000 to Penn Cinema Management Company LLC and Byler Management Company LLC

 

The Board is asked to authorize the issue and sale of Recovery Zone Facility Bonds under the American Recovery and Reinvestment Act of 2009 to finance a portion of (i) the construction of a new 20,000-square-foot complex at 541 Airport Road, Lititz, PA 17543 to be used for two restaurants and an IMAX movie theater, (ii) new equipment for the operation of the IMAX theater; and (iii) certain costs of issuance connected with the Project.

 

Furthermore, The Chairman, Vice Chairman, Secretary or Assistant Secretary or any other officer of the Authority are asked to authorize, execute and deliver any other documents, certificates and instruments necessary to finance the Project and the other transactions covered by the Resolution.

 

Furthermore, the Board is asked to approve the appointment of Barley Snyder LLC as Counsel in connection with the Project and the issuance of the Note.

 

Furthermore,  the Chairman or Vice Chairman are each authorized to execute Form 8038 and any other letters, elections, statements, certificates, or documents that may be necessary in the opinion of Note Counsel and counsel to the Authority to maintain the tax exempt status of the Authority Note as required by the Code.

 

 

3.         Resolution Authorizing a Sub-Recipient Agreement with the City of Lancaster for the Use of HOME Investment Partnerships Program Funds

 

The Board is asked to authorize the Executive Director of the Redevelopment Authority of the County of Lancaster to execute a Sub-Recipient Agreement with the City of Lancaster to use $495,000.00 in Fiscal Year 2010 HOME Investment Partnerships Program Funds for the Home Repair Program, Spanish American Civic Association CHDO, South Ann Concerned Neighbors CHDO, and SACA Homeowner Choice Program, within the City of Lancaster.

 

 

4.         Resolution Reserving Funding for the South square Apartments Project

 

The Board is asked to authorize a Reservation of Funds letter reserving HOME Investment Partnerships Program funds and/or Community Development Block Grant funds in an amount not to exceed $450,000.00 for the South Square Apartments Project.



5.         Resolution Approving a Contract Amendment with Lancaster Housing Opportunity Partnership for the Operation of the Community Homebuyer Loan Program

 

The Board is asked to approve the execution of a Contract Amendment with the Lancaster Housing Opportunity Partnership to amend the performance fee for loans of down payment and closing costs through the Community Homebuyers Loan Program.



6.         Resolution Approving a Contract Amendment with the Community Action Program for the Operation of the Homeless Prevention Program

 

The Board is asked to approve the execution of a Contract Amendment with the Community Action Program of Lancaster County, Inc. to amend the Scope of Services and the reimbursement rate for the unit cost for lead-based paint visual assessments, using Homeless Prevention and Rapid Re-Housing Program funds.

 



7.         Resolution Approving a Contract with Tabor Community Services for the Operation of the Transitional Living Center Using Emergency Shelter Grant System Interim Plan Funds

 

The Board is asked to approve a Contract amendment with Tabor Community Services for the Transitional Living Center, increasing the length of time of performance for this Contract to June 30, 2010.


8.         Resolution Approving a Contract amendment with United Veterans Beacon House for the Use of Emergency Shelter Grant Funds

 

The Board is asked to approve a Contract amendment with United Veterans Beacon House for the Use of Emergency Shelter Grant Funds, correcting the reference to the grant amount.

 

 

X.                  Other Business

 

The next meeting of the Board of the Redevelopment Authority of the County of Lancaster will be held May 25, 2010 immediately following the 4:30 p.m. meeting of the Lancaster County Housing Authority at the offices of the Lancaster County Housing and Redevelopment Authorities, 202 North Prince Street, 4th floor, Suite 400, Lancaster, PA.

 

XI.                Adjournment

 

For additional information or questions regarding this Agenda, please contact
Matthew T. Sternberg, Executive Director at 717-394-0793 or by e-mail at msternberg@lchra.com.  

 

If you are a person with a disability who wishes to attend this meeting and requires any auxiliary aid, service, or other accommodation to enable you to participate in the meeting, please contact the Redevelopment Authority at (717) 394-0793 to discuss how we may best accommodate your needs.