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County approves LLC operating agreement with regional housing authority to secure tax-exempt status for 10‑2 housing project
Summary
The Lake County commissioners approved an operating agreement to form a single‑purpose LLC with the Leadville Lake County Regional Housing Authority to obtain tax‑exempt status for the Housing at 10‑2 project; the board said the LLC will dissolve after project completion.
The Lake County Board of County Commissioners voted to approve an operating agreement to partner with the Leadville Lake County Regional Housing Authority to secure tax‑exempt status for the Housing at 10‑2 project.
Jackie Wheelahan, the county’s housing program manager, said the agreement is intended to produce cost‑savings for the county’s purchase and site work for the…
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