Agenda - Council - 08/25/1998 - Laserfiche WebLink

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the Project. Management may be through a management company by contract, on a fee basis, or by direct management through 'ACHRA, but all management of the buildings and grounds in the Project shall be subject to the following conditions: 1 ) Eligibilio, for Residency. Residency in the Project shall be exclusively limited to senior citizens. 2) Income Limits. Residency in 75% of the units in the Project shall be limited to residents with incomes no greater than 110% of the median income for the Twin Cities Standard Metropolitan Statistical Area. 3) Priority for Residency. For initial occupancy of the dwelling units in the Project, and thereafter at such times as all residential dwelling units in the Project are occupied and a waiting list is implemented, applicants shall be given priority for occupancy in accordance with the principles expressed herein. a) Applicants'who are Priority Applicants shall be given occupancy before other applicants. Where two or more Priority Applicants are next in succession for a vacant unit, such Priority Applicants shall be allocated units in the order in which their respective applications were received. In the case of couples, only one person need meet the criteria described below in order for the couple to meet the definition of a Priority Applicant. b) A "Priority Applicant" is an applicant who is at least 55 years of age, and who meets one of the following criteria, in the following order of priority: Priority 1) A person who has been domiciled within the corporate limits of the City of Ramsey for an aggregate period of one year or more, or a person who is the parent of a person who has been domiciled within the corporate limits of the City of Ramsey for any aggregate period of two years or more. Priori~, 2) A person who has been domiciled in the taxing area of the ACHRA for a period of at least six months prior to application. 6 I ! I I I; I I I I I I I I