COUNCIL TO CONSIDER PLAN TO BUY MOBILE-HOME PARKS.Byline: Jim Skeen Daily News Staff Writer The Palmdale City Council is considering purchasing three mobile-home parks for $20.5 million and turning them over to be run by a nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. . Palmdale is considering issuing bonds to acquire Rolling Hills Rolling hills are like a mountain chain, only a "hill chain" of hills that roll on and on continually. You will often find them in between plains and mountains, near major rivers, or randomly anywhere. The only places without rolling hills are deserts and flood plains. Estates, 1030 E. Ave. S Ave. abbr. avenue Ave. avenue Ave. abbr (= avenue) → Av., Avda ; Almond almond, name for a small tree (Prunus amygdalus) of the family Rosaceae (rose family) and for the nutlike, edible seed of its drupe fruit. The "nuts" of sweet-almond varieties are eaten raw or roasted and are pressed to obtain almond oil. Heights, 40701 Rancho ran·cho n. pl. ran·chos Southwestern U.S. 1. A hut or group of huts for housing ranch workers. 2. A ranch. Vista Blvd.; and Ponderosa Vista, located adjacent to Almond Heights. The plan calls for the city then to turn the parks over to LINC Housing Corp., which would use proceeds from running the parks to repay the city. ``We're trying to create mobile-home parks where the profit motive is taken out,'' said Palmdale Mayor Jim Ledford. The City Council will consider the plan at a meeting at 7 p.m. Wednesday in the council chambers, 708 E. Palmdale Blvd. Under the proposal, LINC would be required to ensure that at least 20 percent of the total spaces in the parks, or 158 spaces, would be for low-income households. Low-income is defined as a household earning 80 percent of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County's median income. For three-person households that would be $36,200 or less. The remaining 628 spaces are to be occupied by moderate-income households. For a three-person household moderate income would be $55,400 or less. More than 20 percent of the park's existing residents are considered to be in low-income households, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a city staff report. ``There's a fear the city will be bringing in an undesirable element,'' Ledford said. ``That's not the case.'' The plan calls for using $300,000 to provide incentives to low- and moderate-income residents to fill the park vacancies. The incentive fund also would be repaid through park revenues. City officials believe the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. ownership arrangement will prevent high annual rent increases, bring stabilization to the parks that would prevent them from being closed because of low occupancy, and increase on-site management to ensure park rules and regulations are enforced. Palmdale started studying how to manage mobile-home parks in June 1995. In August 1996 a consultant's survey of mobile-home park residents reported that 78 percent were interested in some type of alternative park ownership plan. City staff and LINC representatives met with the residents of the parks in February. Residents indicated they wanted the city to continue pursuing the nonprofit ownership alternative. CAPTION(S): Photo Photo: (color) The Rolling Hills Estates park is one of three under consideration by the city. John Lazar/Special to the Daily News |
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