RESOLUTION 19-001 RE MARICOPA SCATTERED SITE REVITALIZATION INVESTOR EXIT.DOCX

December 18, 2018
Sent via ADOH Portal to:
Mr. John Juarez, Asset Manager
Arizona Department of Housing
1110 W. Washington Street, Suite 280
Phoenix, AZ 85007
Re: Maricopa Revitalization Partnership, LLC (the "Company")
Request for Approval of Investor Exit and Entry of New Member
Dear John:
We respectfully request Arizona Department of Housing approval to the exit of the
investor and entry of the new member ________________________, (the "Assignee") for the
scattered-site project referenced above, and as more specifically described below.
Pursuant to the Maricopa Revitalization Partnership, LLC First Amended and Restated
Operating Agreement dated August 12, 2003, as the same may have been amended, Enterprise
Housing Partners X Limited Partnership, a Maryland limited partnership (the "Assignor") is the
legal and beneficial owner of a ninety-nine and 99/100 percent (99.99%) membership interest
(the "Investor Member Interest") in the Company.
The period of time necessary for the Assignor to receive the intended benefit from the
project has expired and the Assignor desires to assign and transfer the Investor Member Interest
in the Company to the Assignee, and Assignee has agreed to accept all of Assignor’s legal and
beneficial right, title and interest in and to the Investor Member Interest.
We thank you for your consideration and are happy to answer any questions you have
regarding this request. Our legal counsel, Travys, is also happy to answer any questions you have
regarding this matter. Travys can be contacted at 480-388-3371, or via e-mail at tharvey@tbl-
law.com.
CSA – MARICOPA REVITALIZATION, LLC
By: Housing Authority of Maricopa County,
Managing Member
By: ___________________________
Name: Gloria Munoz
Title: Executive Director