2008-832-Resolution No. 2008-126 Recorded 9/8/2008REVIE ��:(-�'
L ' GAL COUNSEL
DESCHUTES COUNTY OFFICIAL RECORDS CJ 2008.831
NANCY BLANKENSHIP, COUNTY CLERK
COMMISSIONERS' JOURNAL
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2008-832
49/08/2008 08 ,13 , ,15 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. 2008-126
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 (MOU) 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 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 the Sponsor has eliminated the funding gap, either through
additional funding sources or changes in project scope, and
WHEREAS, the Board passed Resolution 2008-097 to extend the MOU and to give the
Sponsor additional time to eliminate the funding gap and OHCS agreed; and
WHEREAS, the Sponsor has demonstrated significant progress in obtaining commitments for
additional funding; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. The Memorandum of Understanding is extended to December 31, 2008. The
MOU shall not be considered extended beyond September 30, 2008, unless OHCS agrees in writing.
Section 2. Deschutes County supports the Sponsor's efforts to obtain additional funding
through OHCS programs and urges OHCS to reserve funds for this project until December 31, 2008.
Section 3. 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
PAGE 1 of 2 — RESOLUTION NO. 2008-126 (09/03/2008)
funding sources or changes in project scope, by December 31, 2008. This selection is subject
to the Oregon Housing Council's review and approval of the application for funding."
All other terms of Resolution 2008-036 remain unchanged.
DATED this �day of - '2008.
ATTEST:
Recording Secretary
BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
DENNIS R. LUKr, hair
TAMMY (BANEY�Gl IELTON, Vice Chair
PAGE 2 OF 2 — RESOLUTION NO. 2008-126 (09/03/2008)