La Verne

City Council

August 04, 2025 Item #12

Agenda Item 12

12. Resolutions Adopting Budgets for La Verne Mobile Country Club Mobile Home Park and\nValley Rancho Mobile Home Park. Annually, the La Verne Public Financing Authority reviews\nand approves the operating budgets for the two City-owned mobile home parks. The budgets do\nnot reflect significant changes from previous years and are attached for the La Verne Public\nFinancing Authority’s consideration and adoption.\nRecommendation: That the La Verne Public Financing Authority:\n1. Adopt the attached Resolution titled, “A RESOLUTION OF THE LA VERNE PUBLIC\nFINANCING AUTHORITY ADOPTING A BUDGET FOR LA VERNE MOBILE COUNTRY\nCLUB MOBILE HOME PARK," and\n2. Adopt the attached Resolution titled, “A RESOLUTION OF THE LA VERNE PUBLIC\nFINANCING AUTHORITY ADOPTING A BUDGET FOR VALLEY RANCHO MOBILE\nHOME PARK."\nTHE LA VERNE JOINT PUBLIC FINANCING AUTHORITY WILL ADJOURN AND THE CITY\nCOUNCIL MEETING WILL IMMEDIATELY RECONVENE.