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Attachment A celrt�ificat�ion survey of income need in accordance with the l federal average l m�eldian income standards; insufficientl funds in thel Associat�ion� Fund to play for t�h�el n�elcelssary i�pirovel�eln�t's; and in�t�roduceld t�h�el City"s B,uil din g Official for h�is co imp imp eln t�s on t'h�el con�dit�ion of the l u it's. Don Munson,. City Build�ing Official Mr. Mun�son summarized h�is in�splelct,ion comment's, pirovideld in writ�in�g in memorandum form dated December 12,, 2,006 and entitled, "Welst�wood village l I - Exterior Insplection," as plartl of thel staff relplortl dated December 19, 2,006. Mr. Munson, along with B,uil�din�g Inspector Gerry ProuIx, in�splelct�eld the l overall con�dit�ion of the l eight bluil�din�gs and their oplin�ion t'h�at, the l sidin�g and fascia, along with windows, were l in a state of disreplair, and had outlived their useful life l explectancy. Councilmember Punt l questioned the l sufficieln�cy of the l fin�din�gs regarding the l median income of the l com�pil�elx; the l number of surveys returned; and in�com�pil�elt�el in�formmat�ion as to the l make l up, of fam�il�iels or sizes of fam�il�iels to make l an adequate l income determination related to need. Councilmember Punt l oplin�eld thatl the l insufficiency of this data t,o-date l caused her to question� whether this could be deemed an apipiropiriat�el use of plubll�ic funds; whine l con�currin�g t'h�at, the l work needed to be done; and relcogn�izin�g the l difficulty in oblt�ain�in�g pirivat�el financing. Councilmember Punt, however, further oplin�eld that l a definitel determination, based on the l HRA relcom mmeln�dat,ion�, needed to be made l as to whether there l were l n�o ot'h�elr pirivat,el market l to makel a l�oan�, rather than use of plubll ic m�on iels. Councilmember Puntl supiplort,eld staff's further analysis of sources for pirivat�el funding. Councilmember Kough splokel in supiplortl of plubll�ic financing by the City of Roselvil�l�el; and questioned the l risk to the l City. Ms. Bennett l resplonded that l staff was still relvielwin�g thel associat'ion�"s financial sit'uat'ion� anid pil�anis; and t'hiat, t'hiel risk to t'hiel City would be if som�elon�el didn"tl play their taxes, as thel im�pirovelm�eln�t�s woul�d be assessed if plubll ic m�on iels were l used; and t'h�at, the l risk would be smaller to the l City than a sim�pil�el loan; with n�on�playm�eln�tl handled as pier delinquent city taxes or foreclosure pirocelssels are handled. Mayor Klausing requested a splelcific t�iimel frame for the l analysis, and whether six months was needed for the l analysis, with Ms. B,eln�n�elt,t, resplonding that l a m�in�im�um of two months, and pirelfelrabll�y three l months would be plossibll�el. Councilmember P,ust, n ot�eld Ms. B,eln n elt,t,"s co��eln t, t'h�at, t'h�el City of Coon Fla plids h�ad used t�h�is pirocelss several t�iimels; and relquelst�eld additional in�forimat�ion� froim Ms. B, el n� n elt�tl as to t�h�el