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HomeMy WebLinkAboutJFK SENIOR APTS. - PDP - 61-98 - CORRESPONDENCE - AFFORDABLE HOUSING MEMO. (3)JUN-21-1999 10:50 KAUFMAN & BROAD 562 2562004 P.01/01 K AU kN1AN & bKVA V MULTI -HOUSING GROUP, INC. 320 Golden Shore, Second Floor Long Beach, CA 90802 (562)256-2000 (562) 256-2004 - Fax MEMORANDUM TO: Steve Oft, City Planner, City of Fort Collins FROM: Janine Walkup DATE: June 21, 1999 SUBJECT: JFK Senior Apartments — Fort Collins, CO Dear Steve, As per our discussion this morning, this memorandum confirms that, as a project financed with Federal taAmdits, the JFK Senior Apartments will be required by law to record a Regulatory Agreement at such time as the project is completed. This Agreement will identify an income restriction as well as an age restriction for the residents, and will be recorded and effective against the property for fifty-five (55) years. Please don't hesitate to contact me should you have any questions. With best regards, CONFIDBNTIALM-. THLS FACSEMLE IS INTENDED ONLY FOR THE PERSON OR ENTITY TO WHICH IT LS ADDRESSED AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL, OR OTHERWISE PROTECTED FROM DISCLOSURE. DISSEMINATION, D19MMUTION, OR COPYING OF THIS FACSDULE OR THE INFORMATION HEREIN HY ANYONE OTHER THAN THE INTENDED RECIPIENT, OR AN EMPLOYEE OR AGENT RESPONSIBLE FOR DELIVERING THE MESSAGE TO THE INTENDED RECIPIENT IS PROF MTED. IF YOU HAVE RECEIVED TMS FACS04" IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY TELEPHONE AND RETURN THE FACSIMII.E BY MAIL TOTAL P.01