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Item L6 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: July 20, 2005 Division: Commissioner Nelson Bulk Item: Yes No Department: Commissioner Nelson Staff Contact Person: AGENDA ITEM WORDING: Approval to direct Staff to form a Community Land Trust to use as a vehicle to finance affordable housing projects. ITEM BACKGROUND: PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: ST AFF RECOMMENDATIONS: TOTAL COST: -0- BUDGETED: Yes NoX COST TO COUNTY: -0- SOURCE OF FUNDS: REVENUE PRODUCING: Yes No AMOUNT PER MONTH_ Y car APPROVED BY: County Atty _ OMBiPurchasing _ Risk Management ____ DIVISION DIRECTOR APPROVAL: ./flwvtay .JVel6 an (TYPE NAME HERE) DOCUMENTATION: Included Not Required_x_ DISPOSITION: AGENDA ITEM # Revised 2/05