HomeMy WebLinkAboutPR 21381: RESCINDING RESOLUTION NO. 20-076 HOMEBUYER AGREEMENT , :/
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INTEROFFICE MEMORANDUM
Department of Development Services
Division of Housing and Neighborhood Revitalization
Date: April 28, 2020
To: City Manager
Mayor and City Council
From: Beverly A. Freeman, Manager of Housing&Neighborhood k•
Revitalization
RE: P.R. 21381 —Rescinding Authorization of a Homebuyer Written Agreement
Nature of the request:
The Housing Division recommends the City Council adopt Proposed Resolution 21381 rescinding
Resolution No. 20-076 in its entirety.
StaffAnalysis/Considerations:
The Housing Division identified and certified the homebuyer as eligible to receive up to $12,500 to
assist with the purchase of a existing home located at 4248 10th Avenue, Port Arthur, Texas. The funds
were to be used to assist with down payment assistance and closing fees associated with the purchase
of the home.
Resolution No. 20-076 authorized the execution of a homebuyer's written agreement to receive up to
$12,500 for the purchase of a existing home located at 4248 10th Avenue, Port Arthur,Texas,the
City's Homebuyer Assistance Program.
After reviewing the identified homebuyer file, it has been determined that the identified homebuyer is
no longer eligible to receive up to $12,500 down payment and closing cost assistance from the City's
Homebuyer Assistance Program to purchase 4248 10th Avenue, Port Arthur, Texas.
Recommendation:
The Housing Division recommends the City Council adopt Proposed Resolution 21381 rescinding
Resolution No. 20-076 in its entirety.
Budget Consideration
N/A
P. R. 21381
04/28/2020--BAF/Housing
RESOLUTION NUMBER
A RESOLUTION RESCINDING RESOLUTION NO. 20-076 IN ITS ENTIRETY, WHICH
AUTHORIZED THE EXECUTION OF A HOMEBUYER'S WRITTEN AGREEMENT FOR
THE PURCHASE OF 4248 10TH AVENUE, PORT ARTHUR, TEXAS THROUGH THE
CITY'S HOMEBUYER'S ASSISTANCE PROGRAM.
WHEREAS, the City Council, by its adoption of Resolution Number 19-226,
(authorizing submission of the 2019 Action Plan) has obligated itself to provide assistance to
low and moderate income persons/families; and,
WHEREAS, a homebuyer was identified and certified to receive up to $12,500
down payment assistance and closing fees associated with the purchase of a home located
at 4248 10th Avenue, Port Arthur, Texas, from the City's Homebuyer Assistance Program;
and
WHEREAS, after reviewing the identified homebuyer file, it has been
determined that the identified homebuyer is no longer eligible to receive up to $12,500 down
payment and closing cost assistance from the City's Homebuyer Assistance Program to
purchase 4248 10th Avenue, Port Arthur, Texas; and
WHEREAS, the City Council deems it is appropriate to rescind Resolution No.
20-076 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 No. 20-076 is hereby rescinded in its entirety.
Section 3. THAT, a copy of the caption of this Resolution be spread up the
minutes of the City Council.
READ, ADOPTED AND APPROVED this day of ,A.D., 2020 at a
Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote:
AYES:
MAYOR:
COUNCILMEMBERS:
NOES:
MAYOR, THURMAN BARTIE
ATTEST:
SHERRI BELLARD,
CITY SECRETARY
APPROVED FOR FORM:
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APPROVED FOR ADMINISTRATION: VALECI IZENO,
CITY ATTORNEY
RON BURTON,
CITY MANAGER
411 I // --
BEVERLY A. F'EEMAN,
MANAGER OF HOUSING &
NEIGHBORHOOD REVITALIZATION
