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Council receives RSG report on Park Vista senior housing; options include sale or retain-and-rehab

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The council received a consultant report outlining options for Park Vista Senior housing including selling to an affordable housing developer with covenants or retaining ownership and making capital improvements; council emphasized preserving affordability and avoiding tenant displacement.

The city retained consulting firm RSG Inc. to analyze long-term operations and alternatives for the Park Vista senior housing property. RSG presented a range of potential approaches, including selling the property…

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