Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Housing Affordable Housing topic
No spam. Unsubscribe anytime.
Commission ratifies fourth amendment to contract for sale with Sanford Housing Authority
Summary
The commission ratified the fourth amendment to the contract for sale of real estate with the Sanford Housing Authority; staff said HUD approval of a five-year plan is pending and referenced as part of the matter.
City staff asked the commission to ratify the Fourth Amendment to the contract for sale of real estate with the Sanford Housing Authority; the commission moved to approve, the motion was seconded, and the vote carried unanimously.
Staff explained the ratification was related to timing with the Housing Authority’s five-year plan and the need for HUD approval before sale proceeds and next steps can occur. Commissioners voted to ratify the amendment so the parties’ transaction record matches prior administrative approvals; staff noted HUD action is still required to permit the sale to proceed beyond ratification.
The commission recorded the motion and approved the ratification with no recorded opposition.
