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HomeMy WebLinkAboutPR 19884: RESCINDING RES 17-170 PERTAINING TO THE HOMEOWNER WRITTEN AGREEMENT FOR THE ASSUMPTION OF THE PROPERTY LOCATED AT 1938 THOMAS BOULEVARD . , .. ,. City of ` \ lit nit rtltu�-- esus INTEROFFICE MEMORANDUM Department of Development Services Division of Housing and Community Development Date: August 21, 2017 To: Brian McDougal, City Manager Mayor and City Council From: Beverly A. Freeman, Director of Housing &Neighborhood Revitalization RE: P .R. 19884—Rescinding Resolution 17-170 Nature of the request: Staff Analysis/Considerations: The City of Port Arthur demolished and reconstructed a home located at 1938 Thomas Boulevard, April 4, 2011.The construction cost was$65,925.65 with an affordability period of 15 years.The City of Port Arthur foreclosed on the property located at 1938 Thomas Boulevard. A low and moderate-income applicant, Debra Robertson, was identified and certified as an eligible participant to assume the property located at 1938 Thomas Boulevard and was approved by Council per Resolution#17-170. Ms. Robertson decided to decline the assumption of the house located at 1938 Thomas Boulevard. Recommendation: The Housing Division recommends City Council approve Proposed Resolution No. 19884 authorizing the City Manager to rescind Resolution #17-170,the written agreement between a low and moderate income homeowner and the City of Port Arthur for participation in the City's Owner Occupied Housing Assistance Rehabilitation and Reconstruction Program. Budget Consideration: The Housing Division will be responsible for administering the paperwork. "Remember we are here to serve the Citizens of Port Arthur" P.O.BOX 1089 • PORT ARTHUR,TEXAS 77641-1089 • 409/983-8101 •FAX 409-982-6743 P. R. 19884 8/15/17 BF/DF RESOLUTION NUMBER A RESOLUTION RESCINDING RESOLUTION NO. 17-170 IN ITS ENTIRETY AS IT PERTAINS TO THE HOMEOWNER WRITTEN AGREEMENT FOR THE ASSUMPTION OF THE PROPERTY LOCATED AT 1938 THOMAS BOULEVARD, PORT ARTHUR, TEXAS, THROUGH THE CITY'S HOMEBUYER'S ASSISTANCE PROGRAM. WHEREAS, pursuant to the Housing and Urban Development Act of 1974, the Housing and Urban Development awards Annual Community Development Block Grant (CDBG) Program funds and HOME Investment Partnership (HOME) Program funds to the City of Port Arthur for the primary benefit of low and moderate income persons/families in accordance with 24 Code of Federal Regulations Part 570 and Part 92; and WHEREAS, the City Council, by its adoption of Resolution Number 16-061 (authorizing submission of the 2016 Action Plan) has obligated the City to provide owner occupied rehabilitation and reconstruction housing assistance to low and moderate income persons/families; and, WHEREAS, Debra Robertson, a low and moderate income person, had been certified as eligible to participate in the Owner Occupied Housing Assistance Rehabilitation and Reconstruction Program as required by the U.S. Department of Housing and Urban Development; and, WHEREAS, as stated in the "Recapture Provisions" identified in 24 CFR 92.254 (a)(5)(ii) The City will recapture the remaining HOME loan and obligation entered into by the original buyer; and, at 1938 Thomas Boulevard by Council per Resolution #17-170 on July 11, 2017: and WHEREAS, the City Council deems it is appropriate to rescind Resolution No. 17-170 in its entirety. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. THAT the facts and opinions in the preamble are true and correct. Section 2. THAT , Resolution #17-170 is hereby rescinded in its entirety. Section 3. THAT a copy of the caption of this Resolution be spread upon the minutes of the City Council. READ, ADOPTED AND APPROVED this day of A.D., 2017 at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: MAYOR: , COUNCILMEMBERS: , NOES: . DERRICK FREEMAN, MAYOR ATTEST: SHERRI BELLARD, CITY SECRETARY APPROVED FOR FORM: " t VAL TIZENO, ITV ATTORNEY APPROVED FOR ADMINISTRATION: BRIAN MCDOUGAL, CITY MANAGER BEVERLY FR:EMAN, DIRECTOR OF HOUSING A NEIGHBORHOOD REVITALIZATION