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80A - JOINT LOAN AMENDMENTS
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80A - JOINT LOAN AMENDMENTS
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Last modified
3/1/2018 7:07:12 PM
Creation date
3/1/2018 6:59:06 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
3/6/2018
Destruction Year
2023
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EXHIBIT 1 <br />C & C Development Co., LLC <br />Orange Housing Development Corporation <br />In order to effectively manage the properties and maintain the current level of service associated with <br />management, maintenance, and compliance we would like to request that the property management <br />fees for all properties be allowed to increase from their current levels to 8.00% of gross rents. This will <br />create consistency among the properties and will provide for continued management services at the <br />current level. <br />Please do not hesitate to contact us with any questions. <br />Sincerely, <br />Eunice Bobert, CEO <br />Orange Housing Development Corporation <br />Attachment: 2009 — 2017 Rent Schedule <br />Barry Cottle, Member <br />C&C Development Co., LLC <br />Promissory Notes for Properties with Management Fees below 8%; Ross & Durant, Wilshire <br />& Minnie, Townsend & Raitt, 1410 N. Durant, Lacy & Raitt, 326 S Garnsey <br />14211 YORBA ST., STE. 200, TUMN, CA 92780 <br />PHONE: (714) 288-7600 - FAX: (866) 570.0728 <br />
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