Agenda

Meeting Of The Board Of The

Redevelopment Authority Of The County Of Lancaster

Tuesday, April 22, 2008

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 March 25, 2008 Meeting

IV.               Treasurer’s Report for the Month of March 2008

V.                 Report of the Executive Director

VI.               Correspondence/Communications

VII.             Committee Reports

             

VIII.           Old Business

IX.               New Business    

1.         Resolution Approving a Contract Amendment with the Lancaster Housing Opportunity Partnership for the Operation of the Community Home Buyer Program

 

The Board is asked to increase the amount of the original contract to $500,000. This expanded operation of the Community Home Buyer Program would provide financial assistance to 25 additional lower income households.

 

 

2.         Resolution Reserving Funding for the Country Club Apartments Project

 

The Board is asked to authorize an amendment to the reservation of funds letter reserving an additional $500,000 in HOME funds for the County Club Apartments project, to enable the Authority to assume the loan obligation of the Lancaster Housing Opportunity Partnership (LHOP) for the project.

 

The Board is further asked to require LHOP to reimburse the Authority for the additional $500,000 being provided by the Authority, in 50 monthly installments of $10,000 per month.

The Board is further asked to authorize the Executive Director or the Director of Community Development to execute all documents related to the transactions contemplated herein.



X.                 Other Business

 

The next meeting of the Board of the Redevelopment Authority of the County of Lancaster will be held May 27, 2008 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.