In 1971, Russell Manor opened with the mission to provide subsidized housing for seniors.
To make this possible, a note was taken out to pay for the mortgage on the facility, during which time the site would continue to operate as a non-profit run by a board of directors.
The only caveat? When the 40-year note ran out, ownership was to revert to the city of Ripon.
That note runs out November 2011.
What happens next is anyone’s guess.
But the Ripon Common Council took its first step toward deciding the facility’s future at Monday’s meeting.
The council appointed a team to study alternatives regarding what the city should do with the property in November 2011. The team includes aldermen, city staff and Russell Manor representatives.
While that date remains almost two years away, city officials believe acting sooner than later is key.
“We don’t want them to be uncomfortable and unknowing of what is going to happen, because this is their home,” acting Mayor Barb Miller said.
Read the full story in the Jan. 28, 2010 edition of the Ripon Commonwealth Press.