AGENDA #5e

MEMORANDUM

TO:                 Mayor and Town Council        

FROM:           W. Calvin Horton, Town Manager

SUBJECT:       Orange Community Housing and Land Trust Quarterly Report

DATE:             May 8, 2006

The attached memorandum is provided by the Orange Community Housing and Land Trust.  The Quarterly Status Report is for the second quarter that ended on March 30, 2006.

ATTACHMENT

1.  Quarterly Status Report (p. 2).