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Home My WebLink AboutPO 6789: SPECIAL WARRANTY DEED, PROPERTY LOCATED AT 923 5TH STREET TO TENDER LOVING CARE CENTER FOR CHILDREN, DBA LEGACY COMMUNITY DEVELOPMENT CORP. \\Energy ___.. ... City of el" M 40 hA Al ort rthur`r� Ter,,, INTEROFFICE MEMORANDUM Department of Development Services Division of Housing and Community Development Date: June 26, 2019 To: City Manager Mayor and City Council From: Beverly A. Freeman, Director of Housing&Neighborhood Revitalization RE: P.O.No. 6789 Nature of Request: The Housing Division recommends the City Council adopt P. O. 6789 for the conveyance of one (1) City owned property located at 923 5th Street,Lot 9 Block 114,City of Port Arthur,to Tender Loving Care Center for Children,dba Legacy Community Development Corporation,a qualified developer for the redevelopment of a City owned property located in the targeted area by constructing new affordable housing for qualified homebuyers Staff Analysis/Considerations: The property shall be used as a part of the neighborhood revitalization collaboration between the City of Port Arthur, Port Arthur Economic Development Corporation, and TLCCC, dba Legacy CDC. The proposed project states that TLCCC, dba Legacy CDC will construct new homes in the downtown targeted area. The Port Arthur Economic Development Corporation will provide up to $30,000.00 per location to assist with construction subsidy for qualified buyers that meet the income requirements. The eligible homebuyer may also qualify to receive up to $30,000.00 from the Federal HOME Program to assist with down payment and closing costs associated with the purchase of homes, on an as needed basis. Recommendation: The Housing Division recommends the City Council adopt P. O. 6789 for the conveyance of one (1) City owned property located at 923 5th Street, Lot 9 Block 114, City of Port Arthur, to the Tender Loving Care Center for Children, dba Legacy Community Development Corporation, a qualified developer for the redevelopment of a City owned property located in the targeted area by constructing new affordable housing for qualified homebuyers Budget Consideration: N/A P 0 6789 P.O. No. 6789 6/25/19 BF/DF ORDINANCE NO. AN ORDINANCE AUTHORIZING A SPECIAL WARRANTY DEED FOR CONVEYANCE OF THE CITY OWNED PROPERTY LOCATED AT 923 5TH STREET TO TENDER LOVING CARE CENTER FOR CHILDREN, DBA LEGACY COMMUNITY DEVELOPMENT CORPORATION, A QUALIFIED DEVELOPER. WHEREAS, the City Council wishes to convey the City owned vacant lot located in the targeted area at 923 5th Street in substantially the same form as delineated in Exhibit "A" , to Tender Loving Care Center for Children, dba Legacy Community Development Corporation; and WHEREAS, the conveyed City owned vacant lot will be used as a part of the neighborhood revitalization collaboration between the City of Port Arthur, Port Arthur Economic Development Corporation, and TLCCC, dba Legacy CDC for new construction of affordable housing; and WHEREAS, the Port Arthur Economic Development Corporation will provide up to $30, 000 . 00 per location to assist with construction subsidy for the qualified buyers . The eligible homebuyer may also qualify to receive up to $30 , 000 . 00 from the Federal HOME Program to assist with the down payment and closing costs associated with the purchase of homes on an as needed basis; and WHEREAS, all affordable homes will be built, marketed, and sold at appraised value to eligible homebuyers whose income range between 60% up to 120% of the Area Median Income; and P 0 6789 WHEREAS, the conveyance of this City owned lot will promote the public purposes of maintaining high quality safe housing that will promote the revitalization of the downtown area. NOW, THEREFORE, BE IT ORDAINED 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, the City Council herein authorizes the City Manager to convey the City owned real property in substantially the same form as delineated in the attached Exhibit "A" , to TLCCC, dba Legacy CDC. SECTION 3 . That, this conveyance is hereby authorized and shall be subject to the following conditions : 1 . The sale price for the lots shall be Ten and no/100 ($10 . 00) Dollars . 2 . TLCCC, DBA TLCCC, dba Legacy, CDC shall construct new affordable housing on conveyed vacant lots as agreed. 3 . Should the home not be constructed by June 30, 2020, the property shall revert back to the City. SECTION 4 . That, Vivian Ballou, Project Manager/Director of TLCCC, dba Legacy CDC agrees by signing the Ordinance accepts the City owned property located in targeted area in substantially the same form as delineated in the attached Exhibit A" . SECTION 5 . That, if for any reason, TLCCC, dba Legacy CDC, does not construct the homes under the Port Arthur EDC Affordable Housing Program on these lots so transferred, the City shall have a right to void the transfer and recapture any improvements on the lots . P 0 6789 SECTION 6. That, a copy of the caption of the Ordinance shall be spread upon the Minutes of the City Council . READ, ADOPTED AND APPROVED on this day of , A.D. , 2019, at the Regular Meeting of the City Council of the City of Port Arthur, Texas, by the following vote : AYES : Mayor: City Council : NOES : DERRICK FREEMAN, MAYOR ATTEST: SHERRI BELLARD, CITY SECRETARY APPROVED AS TO FORM: 54e- Avtel—D VAL TIZENO, CITY ATTORNEY APPROVED FOR ADMINISTRATION: REBECCA UNDERHILL, INTERIM CITY MANAGER P 0 6789 AGREED TO: TLCCC, dba LEGACY COMMUNITY DEVELOPMENT CORPORATION Printed Name: Vivian Ballou P 0 6789 EXHIBIT "A" File No. 344656 SPECIAL WARRANTY DEED NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. Date: , 2019 Grantor: CITY OF PORT ARTHUR Grantor's Mailing Address: Grantee: TENDER LOVING CARE CENTER FOR CHILDREN, a Texas Nonprofit Corpora- tion, d/b/a LEGACY COMMUNITY DEVELOPMENT CORPORATION Grantee's Mailing Address: Consideration: TEN AND NO/100 DOLLARS ($10.00) and other good and valuable consider- ation Property(including any improvements): Lot Number Nine (9), in Block Number One Hundred Fourteen (114), of THE CITY OF PORT ARTHUR, Jefferson County, Texas, according to the map or plat thereof recorded in/under Volume 1, Page 50 of the Map/Plat Records of Jefferson County, Texas. Reservations from Conveyance: As herein contained; otherwise, none. Exceptions to Conveyance and Warranty: This conveyance is made and accepted subject to any and all conditions and re- strictions, if any, relating to the hereinabove described property, to the extent, and only to the extent,that the same may still be in force and effect, shown of record in the office of the County Clerk of Jefferson County, Texas. Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty, grants, sells, and conveys to Grantee the Property,to- gether with all and singular the rights and appurtenances thereto in any way belonging,to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds 1 Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomso- ever lawfully claiming or to claim the same or any part thereof when the claim is by,through, or under Grantor but not otherwise, except as to the Reservations from Conveyance and the Excep- tions to Conveyance and Warranty. When the context requires, singular nouns and pronouns include the plural. CITY OF PORT ARTHUR BY Name: Title: THE STATE OF TEXAS )( COUNTY OF )( This instrument was acknowledged before me on the day of ,2019, by , of CITY OF PORT ARTHUR, on behalf of said CITY OF PORT ARTHUR. NOTARY PUBLIC IN AND FOR THE STATE OF TEXAS Printed or typed name of notary: My commission expires: PREPARED IN THE LAW OFFICES OF: MICHAEL D.MATTHEWS GRIFFIN&MATTHEWS 400 Neches at Crockett Santa Fe Depot Beaumont,Texas 77701 (409)832-6006 Please Return To: Tender Loving Care Center for Children d/b/a Legacy Community Development Corporation 2