2008-675-Resolution No. 2008-097 Recorded 7/2/2008:T_z_J
LEGAL COUNSEL
DESCHUTES COUNTY OFFICIAL
NANCY BLANKENSHIP, COUNTY
COMMISSIONRS' JOURNAL
111111111111111 1 1111111111VIII
2008-675
RECORDS
CLERK CJ 2008-675
07/02/2008 08:14:49 RM
BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution Amending Resolution 2008-036
Approving an Application for State Funding * RESOLUTION NO. 2008-097
for Affordable Housing in the City of La Pine
WHEREAS, on August 30, 2006 the Oregon Housing and Community Services Department
(OHCS) and Deschutes County entered into a Memorandum of Understanding for OHCS to manage a
Request for Applications process which could lead to the development of affordable housing on
approximately 4.5 acres of county -owned land in La Pine, and
WHEREAS, the Memorandum of Understanding expires on June 30, 2008, and
WHEREAS, the Board of County Commissioners of Deschutes County (Board) previously
declared in Resolution 2008-036 its conditional selection of a proposal submitted by Pacific Crest
Affordable Housing, LLC (the Sponsor) for the Little Deschutes Lodge in La Pine, subject to the
review and approval by OHCS that Sponsor has eliminated the funding gap, either through additional
funding sources or changes in project scope, by June 30, 2008, and
WHEREAS, the Sponsor has demonstrated through additional funding sources and changes in
project scope that the funding gap is significantly reduced, now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. Upon agreement by OHCS, the Memorandum of Understanding is extended to
September 30, 2008.
Section 2. Section 1 of Resolution 2008-036 is amended to read:
"Section 1. The Board selects the proposal submitted by Pacific Crest Affordable Housing,
LLC (the "Sponsor") for the Little Deschutes Lodge in La Pine, subject to the review and
approval by OHCS that Sponsor has eliminated the funding gap, either through additional
funding sources or changes in project scope, by September 30, 2008. This selection is subject
to the Oregon Housing Council's review and approval of the application for funding."
PAGE 1 OF 2 - RESOLUTION NO. 2008-097 (06/25/2008)
All other terms of Resolution 2008-036 remain unchanged.
DATED this 3U' day of '2008.
POARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
n
DE IS R. LUKE, Chair
TAMMY (B EY) M TON, Vice Chair
ATTEST:
&W.,4Z
Recording Secretary MIC AEL M. bAfY, Comm' sioner
PAGE 2 of 2 — RESOLUTION NO. 2008-097 (06/25/2008)