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bond for one year worth of homeowner dues for every lot in the park. She noted that additional costs for future repairs would also go into the reserve account. Ms. Wilkinson asked if the renters could tell the inspector to check on certain areas that have problems. Ms. Porbath answered that the renters could have input into problems in the park. She stated that they will also go back five years and look at all maintenance that has been done in the park. She noted that if something is broken it must be replaced or the money must be put into reserves. A resident stated that in the past the owner has fixed things with a band aide type situation. Ms. Porbath stated that it would be a State Licensed Inspector, not a city inspector. Tom, space 112, stated that he does not see a problem with this conversion because you can continue to rent or you could buy. He noted that mobile homes do not go up in value, but he agreed that owning the lot could ad value to your home. A resident stated that the modular homes do go up more in value. fIe mentioned that recently some of the older homes have sold at a decent price. He stated that the possibility of the conversion must be told to prospective buyers now and that information could have helped with those recent sales. A resident believed that it would be very difficult to sell their homes in the next ten years while they are all still leasing the property, and certainly under these economical conditions. He asked if there was something they could do to sublease their home now. Tom Allard, space 170, stated he had no idea as to what was being asked. He asked if people would really feel any better if they pulled a figure out of a hat that would mean absolutely nothing. Mr. Fritsch mentioned that it has been rumored at $100,000 Mr. Munoz, space 21, stated there is an existing condition with the sewage line. He stated he bought his manufactured home in 2005 and in 2007 had a sewage backup. He stated that the plumber scoped the line and his line was clear and that the blockage was in the pond line. He noted that just four months ago this happened again. He stated that the manager gave him the bill even though the blockage was in the pond line. He mentioned he had to go to Small Claims Court to recoup his money. He exclaimed that this sewage problem still exists and will happen again. He also noted that the pond liner was leaking. He continued by staying that he has the money to buy the rusty bucket for $50,000, but he could not buy the land for an additional $100,000, so he would not be able to move in. A resident asked when all existing code violations in the park are surveyed would they be grandfathered in or would we have to bring everything up to code. IIe noted both City codes and State codes. Minutes: PMCC-2 Page 9 January 9, 2009