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HomeMy WebLinkAboutPR 18972: RESCINDING RES 14-363 HOMEBUYER'S WRITTEN AGREEMENT, 1947 9TH ST. Exna 1 j ort r1hu 1< ,,rti INTEROFFICE MEMORANDUM Department of Development Services Division of Housing and Neighborhood Revitalization Date: April 21, 2015 To: Brian McDougal, City Manager Mayor and City Council 1 4 From: Beverly A. Freeman, Acting Director of Housing & Neighborhood it Revitalization RE: P.R. 18972 Rescinding Resolution No. 14-636 Nature of the request: I recommend City Council adopt P.R. No. 18972 rescinding Resolution No. 14-636 in its entirety. Staff Analysis/Considerations: The Housing Division identified and certified the homebuyer as eligible to receive up to $30,000 to assist with the purchase of a new construction home located at 1947 9th Street, 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. 14-636 authorized the execution of a homebuyer's written agreement to receive up to $30,000 for the purchase of a newly constructed home located at 1947 9th Street, Port Arthur, Texas, the City's Homebuyer Assistance Program. After reviewing the identified homebuyers recertification, it has been determined that the identified homebuyer is no longer eligible to receive up to$30,000 down payment and closing cost assistance from the City's Homebuyer Assistance Program to purchase 1947 9th Street, Port Arthur,Texas. Recommendation: I recommend City Council adopt P.R. No. 18972 rescinding Resolution No. 14-636 in its entirety. Budget Consideration: N/A "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. 18972 04/21/2015--BAF/Housing RESOLUTION NUMBER A RESOLUTION RESCINDING RESOLUTION NO. 14-636 IN ITS ENTIRETY, WHICH AUTHORIZED THE EXECUTION OF A HOMEBUYER'S WRITTEN AGREEMENT FOR THE PURCHASE OF 1947 9TH STREET, PORT ARTHUR, TEXAS THROUGH THE CITY'S HOMEBUYER'S ASSISTANCE PROGRAM. WHEREAS, the City Council, by its adoption of Resolution Number 13-346, (authorizing submission of the 2013 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 $30,000 down payment assistance and closing fees associated with the purchase of a home located at 1947 9th Street, Port Arthur, Texas, from the City's Homebuyer Assistance Program; and WHEREAS, after reviewing the identified homebuyers recertification, it has been determined that the identified homebuyer is no longer eligible to receive up to $30,000 down payment and closing cost assistance from the City's Homebuyer Assistance Program to purchase 1947 9th Street , Port Arthur, Texas; and WHEREAS, the City Council deem it is appropriate to rescind Resolution No. 14-636 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. 14-636 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., 2015 at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: MAYOR: COUNCILMEMBERS: NOES: MAYOR, DELORIS "BOBBIE" PRINCE ATTEST: SHERRI BELLARD, CITY SECRETARY APPROVE ' FOR FORM: (Oa /1 ..-CD VALECIA IZ CITY ATTORNEY APPROVED FOR ADMINISTRATION: BRIAN MCDOUGAL, CITY MANAGER lV771WA 1,— BEVERLY A. FEMAN, ACTING DIRECTOR OF HOUSING & NEIGHBORHOOD REVITALIZATION