The La Verne Public Financing Authority (Authority) is seeking proposals from qualified firms to provide asset and park management services for the La Verne Mobile Country Club Mobile Home Park, located at 3620 Moreno Avenue and Valley Rancho Mobile Home Park located at 2909, Arrow Highway, in La Verne, California.The Authority, a California joint exercise of powers authority, organized and existing pursuant to the Constitution and statutes of the State of California, purchased La Verne Mobile Country Club Mobile Home Park (LVMCC) in 1996 by issuing revenue bonds. As part of the bond issuance to purchase LVMCC, there is a requirement for an operating agreement. LVMCC is a 55 and older park, comprised of 21 acres, 187 rental spaces, pool, a large clubhouse with management offices, small clubhouse for recreation, and RV parking area. Gross income for the 2026-2027 budget year is estimated to be $1,845,182.The Authority purchased Valley Rancho Mobile Home Park in 2000 through the use of Low and Moderate Income Housing Funds. Valley Rancho is an all age’s park, comprised of close to 5 acres, with a mix of 28 Authority owned homes, 15 rental spaces, 34 RV/trailer spaces, 1 small apartment and 1 manager house. Valley Rancho also has a manager’s office, two laundry facilities, as well as a pool and small clubhouse. Gross income for the 2026-2027 budget year is estimated to be $676,419. The La Verne Public Financing Authority is committed to providing high quality services to residents, and assuring the continuing high-quality maintenance of both parks and their infrastructure. The desire of the Authority is to secure a competitive and thorough Agreement for Management Services for the respective properties for a term of five (5) years beginning in January 2027.Both properties provide important affordable housing opportunities within the City and serve a diverse resident population, including seniors, lower-income households, and long-term residents with significant connections to their communities.The City anticipates that future management services will focus on effective day-to-day operations, resident relations, property maintenance, financial management, compliance with applicable laws, preservation of affordability, and maintaining a positive relationship between the City, residents, and management staff.
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