05/22/1978 Meeting - Laserfiche WebLink

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Vote was taken on the motion, which carried unanimously. - B. Recommendation to Fund Request from Lane County for Additional Home Repair Funds Recommended by JHC May 11, 1978. Manager said the request was for $6,000 from revenue sharing funds previously committed to housing, for lane County housing and energy program to carry the program outside CD areas for the period of late spring and early summer. There was an assurance that the households in greatest need of home repair affecting health and safety would be served first by addi- tional funding. Currently, there are 40 applicants in need outside the CD eligible areas. It is anticipated CD rules will change in early summer to allow city-wide home repair and/or additional funding, so this would be a one-time-only request. It was noted the program is the same one as based on income formula and the money is available. Mr. Delay moved, seconded by Ms. Smith, to authorize funding of Lane County home repair as recommended by staff. Motion carried unanimously. C. Recommendation re: Palace Hotel . Recommended by JHC May 11, 1978. Manager said the request was for Council to reaffirm its previously stated position made September 1977, to solicit public uses of the hotel. If no viable proposal for pUblic use was received, the City would allow Mr. Sorgenfri to sellon the open market, with outstanding loans to receive priority on the sale proceeds, and the City to receive second priority, and any excess to Sorgenfri. Details were in the JHC memo distributed to Council. Request is for written reaffirmation of the position to allow Sorgenfri to proceed with the sale. Manager noted the request includes requirements that the historic integrity of the building be maintained as it is eligible for historic grants, and that ample vacation notice be given to tenants. It was noted that Mr. Sorgenfri could sell to any party that wanted to buy. The proper notice to tenants would be considered 60 days. Mr. Hamel wondered who would authorize the amount for which the property could be sold. He wanted to make sure the City would receive back some of its investments. Manager noted the contract said, depending on the amount of sale, the City would receive second priority after the outstanding loans on the property were paid. Mr. Delay moved, seconded by Ms. Smith, to reaffirm the contract clauses set forth in Section 21.2 having to do with allocations of sale proceeds. Motion carried unanimously. e 5/22/78--11 313