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<br />purchase price. 3%acceleratorfor rent, Interest only on thenot~at6%for acquisition. Setaside <br />7,200 each year for maintenance. Allocated normal expenses. <br /> <br />ConfidentialityregardingthiS property was brought up because it's 'not.a public matter. '. Scott asked <br />howmuc;h weIJavl;!, available in non restricted reserves., Steve stated. 'that we should not uSe Our <br />reserves maybe get it grant funded. Scott asked Kellywhat is our next step. This will be presented <br />to Frank. <br /> <br />An executive session maybe needed. <br /> <br />Walt spoke of looking at our long term goals and doing analysis regardingthis. <br /> <br />Steve saidweshould discuss i?eas to get reserves, amortizeitloriger"what ne,eds to be covered, <br /> <br />partnership, grants, local investors, etc...,. <br /> <br />Sheriagreedwith Walt regarding long term goals because these'propertiesare old. Need to talk to <br />Troy what potential is. <br /> <br />Steve wants to define definitive steps. Sheri stated we shouldcheck with Frankifthere are fUnds <br />available. <br /> <br />Steve saysthere is three things tal.kto Troy about capaCity, second talkto Frankabout money,third <br />talk to Chuck and Frank aboutoperating. Walt & Rob will talk to Troy.. Chuck and Lisa will talkto <br />Frank regarding financial~nd operation aspect. <br /> <br />Executivesession should bepulOn hextagenda for the July 2ihmeeting at Regal Square, for the <br />.purposes of discLissingRealEstateacquisition. <br />, ,.,' " . " '... . - . <br />, , <br /> <br />The August meeting will go onas planned,8/31 at Lydia Morgan. <br /> <br />Meeting Adjourned at 9:32 a.m. <br /> <br />....Ahy member of the Public may speak onan,y subject not related tpthe agenda, Anyone yJishingtospeakwill have the opportllnityto <br />address the board. Please keep commentstd a maximurn oJ 5 minutes, <br /> <br />It Is the polley of the Bould,er County Housing Authority to make programs, meetings, activities, arid services accessible to Individuals <br />with disabilities. In Qrder to pro,vide special services such ,as Interpreters or provide special materials In special formats such as,lClrge <br />print, Bra.lile, or computer diskS the county needs to be informed oithe individual's special needs. If you need special assistance <br />contact JOllaYager, ADA Coordinator, or the Human Resources tllvlslon, at 303-441-3508 at least 48,h()urs before the s,chedoled eVent. <br /> <br />La poittlcade BCHAes hacerque 105 prog~arnasiJuntas, actlvldades yserviclos sean acceslbles paragente dlscapacitada. Para poder <br />'ofrecer servlclos especlales col)1o Interpretes 0 material en algun formato especial, corno Irnpresi6nesmas grandes, Braille, o disco d,e <br />computadora,el condado requlere'que Ie inforrnen d.e las necesidadesespecialesde cada Indlviduo.Slud. re,qulere atenci~nespecial, <br />por favor cOl)1uniquese con Julia Yager, coordlnadora del ADA 0 a la oficina de Recursos Humanos al 303-441-3508cuando menOs 48 <br />horas antes del evento. <br /> <br />3 <br />