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HA1990/05/08Anaheim Civic Center, ANAHEIM HOUSING AUTHORITY May 8, 1990, 5;35 F,M, PRESENT: ABSENT: PRESENT: AUTHORITY MEMBERS: Daly, Ehrle, Kaywood, Pickler and Hunter AUTHORITY MEMBERS: None CITY MANAGER: James Ruth CITY ATTORNEY: Jack White SECRETARY Leonora N. Sohl DIRECTOR OF COMMUNITY DEVELOPMENT: Lisa Stipkovich Chairman Hunter called the regular meeting of the Anaheim Housing Authority to order at 5:44 p.m. MINUTES: Authority Member Kaywood moved to approve the minutes of the regular meetings held March 27, 1990 and April 3, 1990. Authority Member Daly seconded the motion. MOTION CARRIED. FINANCIAL DEMANDS AGAINST THE ANAHEIM HOUSING AUTHORITY in the amount of $1,225,000.00 for the week ending May 4, 1990, in accordance with the 1989-90 budget, were approved. 1. 177.123: AGREEMENT BETWEEN ANAHEIM HOUSING AUTHORITYAND CHEROKEE MOBILE HOMEOWNERS ASSOCIATION; Submitted was report dated April 30, 1990, from the Housing Manager, Bertha Chavoya, recommending approval of the subject agreement. Lisa Stipkovich, Director of Community Development. She answered a question posed by Authority Member Kaywood, explaining that the conversion of the Park was going well with the exception that they did not like the restrictions as a limited equity stock cooperative. They came to staff with a proposal to buy out the State loan and become a full cooperative with no limit on their equity. They see the value of owning their own land and do not like the restrictions of the limited equity cooperative concept. As long as they are willing to provide relocation benefits to anyone who would be displaced due to the conversion, staff has checked with the State and Park representatives and have also reviewed it in-house with the relocation consultants and their attorneys and feel this is a fair arrangement, considering they would like to have a free market approach to the Park. MOTION; Authority Member Pickler moved to approve the terms and conditions set fQrth in Mobile Home Relocation Assistance and Reimbursement Agreement for the provision of relocation assistance to any resident involuntarily displaced due to the conversion of the Cherokee Mobile Home Park (Park) from a Limited Equity Stock Cooperative to a Full Equity Stock cooperative as recommended in the report dated April 30, 1990 from the Housing Manager, Bertha Chavoya. Authority Member Ehrle seconded the motion. MOTION GARRIED. ITEMS OF PUBLIG INTEREST; No items of public interest were addressed. ADJOURNMENT: Authority Member Hunter moved to adjourn. Authority Member Daly seconded the motion. MOTION CARRIED. (5:47 p.m.) LEONORA N. SOHL, SECRETARY 90-17