Title
Resolution to Approve Housing Rehabilitation Agreement with Gloria Trautz for 8 Metroview Court ($27,799.00 HOME Funds)
Memorandum
Attached for your review and approval is a resolution to approve a Housing Rehabilitation Agreement with Gloria Trautz to complete rehabilitation assistance to her home at 8 Metroview Court.
This low income homeowner is confined to a wheelchair and initially applied for assistance from Community Development in October 2007 to correct the accessibility deficiencies with the property. The City will address the following rehabilitation work on this property: install a new exterior aluminum door, replace and re-hang gutter guards, dispose of the fence gate and install chain link fence, cut and remove tree and grind tree stump, rewire house to electrical code, install central air conditioning unit, install electronic automatic door opening system complete with opener and closer, dispose of defective electric wall oven and replace with electronic wall oven, install metal range hood in the kitchen, remove and dispose of existing kitchen flooring down to sub-floor, install a ceramic tile handicap accessible shower along with support bars and new tub surround, remove and dispose of existing ceramic bathroom floor tile, and increase existing attic insulation to R-38.
On September 25, 2008, the Office of Community Development received five (5) bids for this housing rehabilitation project. The lowest bid amount was submitted by J & S Properties, Incorporated with a base bid of $25,272, to which a 10% contingency of $2,527 was added, bringing the total amount to $27,799. The $27,799 in HOME funds will be provided in the form of a 5% simple interest, deferred payment loan to be repaid in full after 30 years or at the time the property changes ownership either by sale, gift, mortgage, land contract, conversion to rental property, inheritance or change of the use of the property from a single-family residence. The 5% simple interest wil...
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