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Council receives Park Vista report and directs facility assessment; ownership and funding options remain open
Summary
Council received a consultant review of operational options for the city‑owned Park Vista senior housing complex and directed staff to proceed with a facilities assessment; council debated selling, leasing, refinancing or continuing city ownership but deferred decisions pending updated cost and condition analysis.
At the June 3 meeting the City Council received and filed a consultant report on long‑term options for Park Vista senior housing and directed staff to prioritize a refreshed facilities assessment.
Consultant Jim Simon of RSG reviewed four broad options: sell the property subject to affordability covenants, pursue a long‑term ground lease,…
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