HomeMy WebLinkAboutPR 20951: DEEDS OF TRUST AND LOAN AGREEMENTS BETWEEN THE CITY AND 3 HOMEOWNERS CERTIFIED TO PARTICIPATE IN THE REHAB AND RECONSTRUCTION PROGRAM INTEROFFICE MEMORANDUM
HOUSING ASSISTANCE PROGRAMS
To: Rebecca Underhill, Interim City Manager
From: Beverly Freeman, Director of Housing and Neighborhood Revitalization
Date: July 8, 2019
Re: P.R. 20951
Nature of Request:
The Housing Division recommends City Council adopt Proposed Resolution No. 20951
authorizing the City Manager to execute the deeds of trust and loan agreements between the
City and three (3) Homeowners that are certified to participate in the Rehabilitation and
Reconstruction Federal Program.
The Department of Housing and Urban Development (HUD) annually awards Community
Development Block Grant(CDBG) and HOME Partnership Investment (HOME) funds to the City
for the primary benefit of low and moderate income persons/families. The City is obligated to
provide owner-occupied rehabilitation/reconstruction assistance to homeowners who are at
80% or below the Area Median Income with unmet housing needs to eliminate health and
safety hazards and preserve and improve the community's housing stock.
The City of Port Arthur acts as an indirect agent pursuant to the CDBG and HOME Program
Guidelines.
Budget Consideration:
NA
RECOMMENDATION:
The Housing Division recommends City Council adopt Proposed Resolution No. 20951
authorizing the City Manager to execute the deeds of trust and loan agreements between the
City and three (3) Homeowners that are certified to participate in the Rehabilitation and
Reconstruction Federal Program.
P. R. 20951
7/8/19 BF/DF
RESOLUTION NUMBER
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE DEEDS OF TRUST AND DEFERRED LOAN AGREEMENTS
BETWEEN THE CITY OF PORT ARTHUR AND THREE (3)
HOMEOWNERS AS IT PERTAINS TO THE OWNER OCCUPIED
REHABILIATION AND RECONSTRUCTION FEDERAL PROGRAM.
WHEREAS, the U.S. Department of Housing and Urban Development annually
awards Community Development Block Grant (CDBG) Program 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
92 and Part 570; and,
WHEREAS, the City Council, by its adoption of Resolution Number 18-205
(authorizing submission of the 2018 Action Plan) has obligated itself to provide owner occupied
rehabilitation and reconstruction housing assistance to low and moderate income
persons/families; and,
WHEREAS, the homes were reconstructed pursuant to Resolution No. 18-407,
Resolution No. 18-475, and Resolution No. 19-039.
WHEREAS, it is deemed in the best interest of the City of Port Arthur to
authorize the City Manager to execute the Deeds of Trust and Deferred Loan Agreements
between the City and three (3) homeowners in substantially the same form as attached hereto
as Exhibit "A", "A-1", "B", "B-1", "C", and "C-1".
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 the City Council hereby authorizes the City Manager to
execute the Deeds of Trust and Deferred Loan Agreements between the City and three (3)
homeowners as it pertains to the owner in substantially the same form as attached hereto as
Exhibit "A", "A-1", "B", "B-1", "C", and "C-1".
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., 2019 at a Regular
Meeting of the City Council of the City of Port Arthur, Texas by the following vote:
AYES: MAYOR
COUNCILMEMBERS
NOES:
THURMAN BARTIE, MAYOR
ATTEST:
SHERRI BELLARD, CITY SECRETARY
APPROVED AS TO FORM:
VAL TIZENO, CITY ATTORNEY
APPROVED FOR ADMINISTRATION:
REBECCA UNDERHILL, INTERIM CITY MANAGER
BEVERLY FREEMAN, DIRECTOR
OF HOUSING & NEIGHBORHOOD REVITALIZATION
ALL EXHIBITS WILL BE PRESENTED AT OR BEFORE
COUNCIL MEETING.