HomeMy WebLinkAbout2010 Ordinance No. 015•
•
•
ORD INANCE NO . j§_
SERJES OF 2010
IJY AUTHORITY
COUN IL BILL NO. 10
INTRODUCED BY COUNC IL
MEM BER OLSON
AN O1',0INANCE APPR OVING THE SALE OF FIVE PR OPERTIES ON T HE OP EN
MARKET , WI II Cl-1 WERE PURC HASED AND RE I-IABfLITATED WITH FUND S FR OM
THE EIGl·IB RJ-1 0 D STA BILI ZA TI ON PROGRAM GRANT ANDTJI E LTAR FUND.
WI IEREAS , the Englew ood Cit y Co un cil approved Reso lu tio n No . 34. Series of 2009
nmho ri zing the City to appl y to the Departme nt of Local Affairs, Co lorado Division of Housi ng for
a po rti on of Arapah oe aunty 's all ocation oft he l·cdcral Neighborhood Stabilization Program
fund s{NS PI ); and
WI-IERE 1 th e Cit y Co un ci l ap"'nved Ord inan ce No . 37 , cries of2009 auth ori zing the
exec uti on o ·1 co ntract for 1cigh bfl ,d Sta bili 1 .. ati on Program grant fu ndfog between th e Sta te of
Co lorado Dcp:n1ment of Loc al Affairs and the Cit y of Eng lewood; and
Wl·IEREAS , the Cit y Co un ci l ap1.:oved Ord inance No . 49. Series of~009 authori zin g the
purc ha se of ten ( I 0) unidentified. singl c-fomily, vac:u u. forcc losc:cl proper,; cs loca ted in th e
cl igiblt· census t racts ·hroughout the Cit y of Englewood to fu lfill the 'SPl l.;Jntr:i ct wi1 h the
Colorn do Dt:pa11mc nt Jf Loca l Affairs ; mid
\VI ll !REAS. fi ve ~uch pro pr.:11ies arc nl mos t read y to be sol d to priv mc partir.:s wl10 wi ll secure
thd r ow n fina ncin g. thereb y replac ing the grant fund s used and retu rnin g lhosc fund s tC\ the tat c
Proi ·-r1111: and
WHEREAS. if:111 offe r to purcha se is received from an y City empl oyee . th eir family members,
or :i ny busine ss in wlti ch a Ci ty cmploy cc lia s a fi nan cial in 1erest. thc offer will be :..ubmitted to th e
Eu~lewond Cit y Coun cil fo r app rova l;
NOIV, TH EREFORE. IJF l'I UIWA INED l3Y TII E CITY COUNC IL OF Tl IE CIT Y OF
F NG I.F\\100 1), C'O I.O Ri\lJt l , AS FOLLO WS:
Scct 11111 I. Appro va l j., he reby given fo r the sale of fi\ <.' prnpcrtH . .:s 0 11 th e open 111arket whic h
were pun.:h.i scd and n:hah ilit :Hcd with funds frn m th e Nc1 ghbonmod Srnb il i1.,a11011 Prog ram Ciral\l
aml the I ·r ,\R 1:t 1111I . Said pnlpcrt 1es wi ll he.-sold 1(1 priv:11c part ies wl10 sl1:.ill sec ure: th eir own
tinanci11 g ;111cl ti le Slat e 1:u1 1ds 1 wl11 ch were u-:cd tu purdm sc a11d deve lop ~a id 11ropcrt1cs. sha ll be
rc111rn ccl \I) the.: Nc ighhorh ood Sta hil iza1io11 Program (NS P I).
Scc •·,ll 2. ·1·1ic fol lowin g pn1pcr1ics arc mn horizcd to he sold on th e ope n market :
I. 2 19 8 Wes t Adr iati c !'l ace
2. 2:ns \Ve st llalti l' Pl.tee
1. 20 IO West l)alti c !'lace
-t 4819 South Dclm\ arc S11 ec1
--16 8 1 South 11cc;Hur St reel -tt2 26
9 bi
Section 3. The sa le or these prop erties sha ll requ ir e th e purchas er to ngrcc as foll ows:
I. All househo ld s bei1 1g served must qualify und er the tcnns of the NS PI Gra nt.
Th e purcha sing household wi ll und ergo a minimum or 8 hours of HUD approved
homeownership counse ling.
3. The purchas in g house hold must occ upy 1hc prnpcrt y as a prin ci pal re sili ence for a
minimum o r five yea rs.
Section 4. Th e snlc pri ce sh all he l.'q ual tour less than th e costs to acqu ire a11 d red evelo p
the home .
Sect ion 5. Th e Suppkmenta l Appro priation will be reimbursed 10 th e NS P fund s and th e
I .T A R fund s upon th e rchabili1n tio n and sa le of the forecl os ed properties.
Section 6. The Mnyor and the Cit y Clerk arc authorized 10 execu te the pro per form of deed for
the co nvcy:mcc of these properties pursunnt to Secti on 72 of the Englewood Cit y Chart er.
Introdu ced. rend in fllll , and pa ssed on fir st rea din g on the 3rd day of Ma y. 20 !CJ .
Pub li shed as :1 Bill for an Orcli 1mnce in the City's officia l newspaper on the 7111 da y of May. 20 10.
Puhlishccl as a Bill fo r an Ordinance on th e Ci1 y's onicial web sit e beginning on the 5th day or
May , 20 10 for thit1 y (.10 ) da ys.
Read hy Litl e and passt.:t l on final reading on the 1 ?'h da y of f,.1l :1 y, ~O I 0.
Published by titl e in th e Ci ty's oni ei.1 \ news paper as ( )rdinan cc No . /Q, Series of 20 10, on
the 2 1" da y nf May. 2010.
Puhl ished hy tith.· oil the City '!'. nflic1al wcbs!le hcg111nmg on th e I 1i 1 cl ay of'
May. 2010 1,,r thirt y (30) da ys .
I, I .ou cris hia A. Elli s, Cit y Clerk llf't hc City nf Fng lcwoocl , (.;o lurado. hereby ce rtify thnt th t.:
:ihovc am l rorcgu ing is a !!)IC cop y of the Ordinan ce pa ssed on final r .. ding and publi shed hy
1itlc as Ordinance No ._/':>. Scries of 20 10.
( Lour :s hi a A. Elli s
•
•
•
•
•
COU NCIL CO MM UNICA TION
r Agenda It e m : Subj ec t:
11 a 1 An Orcli n;lnce f\u1h onzi11 g 1he S;:i le o! :! i •;IO V\I . ~\,l \ ), 20 10
;\dria t,c Pl , :!335 W. Bal li Pl , :!0 I O W. Ba ltic Pl ,
48 19 5. Delaware SI, .ind ·16!l l S Dec,11111 St #22b
I uncl ed thro 11 gh lhc N eil;hborhood Slab ili,alion
Progra m G r;m t
lniliat c d By: I Staif So urc e:
C01 n111uni tv Develo p111 e11t Dn p ,1rtm ent H;:i ro ld I. Slitt , Sl'ni or Pla111 w r
COUNCIL GOAL AND PREVIOU S COU NCIL ACTION
Cit v o uncil app roved Relio lut i 11 3.1, s,,,'il .. !> ot ::!009 ,1uth o riLi ng s1afi to ;ip ply to th e I cp.irtrn 111 of
Loc al .\ff.iirs, Co lorad o Divisio n of Ho 11si11~ for ii porti on 0 1 Arar,1h oe m m t\,'s ;"1 1l oc,1 1io n ot th e
l·(•dc1J1 eighborhoucl S1:1 hi liz,11mn Pt ogr,1111 fund s (NSP I ).
City Co uncil ilpprove d Ordincmn • ii, Sc rit1-. n f 200l) ,Hl l ho riling 1lw ('Xet.ul io n o f ,1 cont r;i c1 for
N Pig hhorhnnd St.ihili 1.,lllon P1tw·,1111 gr,111 1 umding lw tw(•••n tl w St,l lL' of Cr 1l or ,1el o Dcp.utmcnt of
Local Aff,1irs ,rncl the Cit y of rngk•\,ol)d .
Ci ly Co um ii ;ipprnvL•d Ord 111 ,11 1u .• .J\J, SL'l'I L'!-i o f .W Oii ,HJ lh ori.d ng lh t.· purd1,1 SL' of tPn u11idl.·lllil1 t•d
!-i in •le-1,1mil y v,wa nt l nrt•cl o!-i~d propt!rli1•!-i lnc 11t•d in tl w Pli ~ih le c.e m,u !-i Ir.i t h 1hro ugho ut !lit• Cit)' o l
I ng le\, o od to fu lfill th e NSP I c o nt r,ic t \\ i l h ll w Color.1do D ep;u 1111 L•nt of l.n c.11 Aff,t ir~.
HECOM MEN DED ACTION
~l.i ff l't'LO llllllL'llrb th .1 1 C11 U11Lil ,1ppn1vl' ,1 111 11 f111 .in 1 ►rdi 1 1 ,111L L' ,n1 1hori 1.ing tlu • ,.11 1· 11f fi\ t:.' ~111gl •
f,1111 ily I t•:-idem t·!-i lrn .1t t•rl ,II :! I fJB \•V,·,t Adri,lli t Pl.1 ( t', 2 { Fi \•Ve st B.1lt it P!,1l t.', ~O I (I\ Vt•!-i t B,1lti1
l'l.tc l' .. rn l tJ t;o uth D l•1.1 w,11 1• S11 1•1•t, ,111rl H,H l <;o ul h lh-t,llur St1t•t1I 1l:!2h
II AC KG k ~)UND , ANA LYS IS, AND ALTER NAT IVES ID ENTIFIED
In 2()tlH , 1lw I t.>dt.11'.11 grn1•m111 1•111 p ,1..-.(•d th 1· I l o m111 g ,111d I U JtH1 1tlll Rt.·tO\L'I) At.I (I II KA). 1 ll RA
.q 111n 1pl'i,11t•rl Si i.lJ 2 \1ilh 1H1 11,1l1 11 11.i ll) 1111 lilt · N1•1gl1hcirl H1o d S1,1l,i li1d ti o11 Pr ,1,~1.1111 ( 1SPI ) If• -.11 pp1 11 I
l ht· ,1l qubilion, n •li ,1h1 ht,Hl 011 1 111' dt.•n 11 1ll l 1rn1 of ttm•d o,Pd ,111d .il,,1rulo 11 l'rl p mpl•rll l'!-i, lht•
( olor,1cl o lkp,1rl11 H_•11\ of I tic ,11 /\lf,111 , thr o ugh llll' \Ji\11,u m 0 1 I l o u,ing 11 '< l'iv1•d " t o t.ii lj. H .1!
1111 II HJ11 in NSP I lumb .
111 M.1rc.h, tl w f 1111111 11111H) D l '\t1lo p11 w 111 IJ t·p.1rtn1 t•111 -.11h111 11t l'd ,111 ,1p ph t .1ti o 111 0 1h 1:.• St,llt• ,1,
,lll lh n n /l'd !tu N"P I f111uJ111 1~ tor Pl{lJt'l I h:t •liuild . l'rowc I Rt•huild w,1., ,1w,1rd ed 5 1,2c; ~. ~ -,) hy tl w
-..1,11 1• 11 0 11 ,111~~ Bo,11 d 111 lul) lo p 111 d1,1,1·. 1f'h,11J1ht ,1I L', ,Ille/ \t•II hin•do~t·d -.111 glt•·l,11111I \ p1 o p1 •r l1 l'" 111
eligib le census tr.i cts loc c1 1ed 1h ro ugl.ou1 th e Cll y 0 1 Englewoo d. In Sep temb er, c,1undl appr m ed •
enwri ng int o aa agre em 11 1 wi th !h e S1,1 te k,:-NS P I fun di ng.
Th e NSP I ontr ;1 ct req uir es 1he pur ch.1 se , rehab ili 1aU.-:-11 , ,111 d re!,Jl e of 1en homeow ners hip un its .
urrenlly 11, e homes, local ed ,11 2 198 VI' sl Adria l ie Pla ce, 233S WeSI Ra lii Pi a e, 201 0 W e,1
Ba ilie Pla ce, 48 19 So uth Delaware Sire t, and ~',8 1 Sou th Deca 1ur Str ee t #226, have been
purchase d and m in vari ous stages of being reh,1bb ed. All fiv e prop ert ies will soo n be av,1il abl e to
,ell 10 eli gible owner/o cup1 ed bu ye rs .
Se tion 72 of th e Ho,n e Ru le Chart er requir es th at reu l 1 .. rope rt y ma y ne sold , but onl y by ordin ance,
n t usin g th e crn erg("tl CY prov;sio n. Ha vi ng Co un cil au lhM ize th e sale ~! .,II fi ve pro pf'l"ti es at once will
111ax11111 ze 1he 111 .irkt!tin g effo, I!> and e-.:ped itc th e sub!t equ c:H !!al and closi ng of the prop erti es
If an offl•r to purcha se th e property is r ceive d fr om an y Cit cA [nglewood employee, an
empl oyee 's famil y memb ers, or ,1 ny busi ness in whic h a Cit y empi v,•Pe ha s ,1 fin ancia l int re~I the;-,
staff w ill sub mit th e offer lo th e Cit y Counci l fo r approva l.
FINAN CIA L IMPACT
h istin g \n1m1111i1y Developm ent st.iff has the I equir ed cx pert be 10 se ll th e pro perties 10 eli ~ihle
buyers . A ll ell ing ex p enses w ill be covered by funds p rov i ded by th e SPl grant. Pro eeds fr o m
th e sale o f each pro p erly w ill be use d to reimbu rse: I ) th e Stal e o f o lo w l o fo r fu nds use d for
acqui sition, and 2) th e Ci1 y's Lo ng Te nu Ass I R •servr (LT AR) Fund fo r funds us ,d for reha bili tati on.
Th e LT ;\R fund will he rei111 b11 n,ed in full.
UST OF ATTAC HMENT~
•