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//' Cit;/ f I ton <br /> P easan <br /> <br /> REPORT <br /> <br /> Pleasanton, California <br /> <br /> RE: Proposed Management Plan For Kottinger Place <br /> Attachments: Kottinger Place Proposed Management Plan <br /> Members of the Council: <br /> <br /> Background <br /> <br /> The Council instructed staff to prepare for Council consideration <br /> a management plan that would satisfy concerns raised by staff of <br /> the Assisted Housing Management Branch of HUD. Basically, the <br /> City must present a management plan to HUD that will demonstrate <br /> that the City has the experience and ability to manage Kottinger <br /> Place and meet all HUD requirements. HUD is particularly <br /> concerned that due to the age (13 years) of the project and the <br /> small number of units (50) it is not by itself a fiscally sound <br /> project. HUD will have to be reassured that the City of <br /> Pleasanton will assume full fiscal responsibility for the project <br /> as HUD does not provide subsidy to Kottinger Place at this time. <br /> <br /> Financial <br /> <br /> In order to develop a management plan detailing staff positions <br /> or hours, it was necessary to review current budget information <br /> available for the present Housing Authority operation that <br /> includes both Arroyo Vista and Kottinger Place, analyze those <br /> figures and estimate a budget for Kottinger Place. <br /> <br /> SR 86:88 <br /> <br /> -1- <br /> <br /> <br />