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133. Regular Meeting August 9, 2004 Page 2 stated Mr. Mitchell has agreed to assist the Women's Center and reduce the Stone Brook residents monthly rent by $40.00 after the P.I.L.O.T. program is approved. She also stated before the meeting tonight, Mayor Narvaiz advised her that Mr. Mitchell's contribution was insufficient to the commitment from Willow Springs to the San Marcos Housing Authority. She encouraged the Council to leave the door open for further negotiations with Mr. Mitchell so Stone Brook can receive the same consideration given to willow Springs. 2) Shoney Ramirez stated she is the Manager at Stone Brook Senior Community. She encouraged the Council to approve the P.I.L.O.T. program for Stone Brook Senior Community. She also stated the playing field may not be leveled financially, but the contribution Mr. Mitchell will give back to the seniors with rent deduction will amount to over $90,000 a year. She stated this will enable a lot of seniors to continue to have housing and buy their medicine. 3) Lamar Hankins stated he is Mr. Mitchell's attorney. He stated these two projects are difficult to compare, and if Stone Brook is restructured, they will have to make a paYment to the Capital Area Housing Finance Corporation and an additional paYment the Mayor proposed for a transitional housing program with the Women's Center. He stated this would be similar to the paYment Willow Springs is promising to the local Housing Authority. He encouraged the Council to consider the impact upon the low and moderate income seniors who live in Stone Brook. Mayor Narvaiz stated after she met with Mr. Shaw from the Capital Area Housing Finance Corporation regarding P.I.L.O.T programs and the different types of relationships, which can be offered. She stated after the meeting with Mr. Shaw, she thought of the Women Center. She stated she had received a call from Ms. Wood inviting her to visit Stone Brook. She stated she shared her idea with Ms. Wood of researching for an alternative relationship. She advised Stone Brook she felt the reason the Council approved willow Springs' proposed P.I.L.O.T. program was because of the relationship with the local Housing Authority and the amount of money they would be receiving to put back into the community for single-family housing. She stated she was trying to address Stone Brook's call for equity, whether it was the Women's Center or any non-profit. She asked Mr. Hankins how Mr. Mitchell's paYment to the Finance Corporation would translate into services for people in our community. Mr. Hankins stated he was not sure how the Capital Area Housing Finance Corporation spends their money. He stated if Stone Brook is reconfigured and is required to pay the same amount of money to Capital Area that willow Springs is proposing to pay to the Housing Authority and then make an additional paYment, he feels this is not equal between the two projects and it certainly does not get the seniors any closer to their $40 a month reduction, which may have to be reduced to $35.00 or even $30.00 monthly. Mr. 0' Leary stated if the Council is interested in moving forward with this project, then the Staff could make a recommendation and bring it back to the Council for approval. Mayor Narvaiz asked for Staff to investigate how Capital Area Housing Finance Corporation would use the money or whether it would be a paYment on the loan. Mr. Thomaides stated at the last meeting he inquired as to the