HomeMy WebLinkAbout1981 Ordinance No. 060.r .
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ORDINANCE NO. 60
SERIES OF 1981
BY AUTHORITY
7A
COUNCIL BILL NO. 63
IHTROpUCBD BY COUNCIL
MBMBBR BRADSHAW
AN ORDINANCE GRANTING TO THE ENGLEWOOD HOUSING AUTHORITY $390,000
FOR THE ENGLEWOOD HOME REHABILITATION PIOGaAll AND AMENDING AN
AGREEMENT BETWEEN THE CITY OF BNGLBWOOD AIR> TllB IDIGLBWOOD HOUSING
AUTHORITY FOR ADMINISTRATION OF '1'llB llCllB asBABILITATION PROGRAM.
WHEREAS, the City of Bn9lewood ha• received a Three Hundred
Ninety Thouaand Dollar ($390,000) 9rant froa th• united States
Department of Housing and urban Development to operate a Bouaing
Rehabilitation Program; and
WHEREAS, it ia necessary to amend and clarify the agree-
ment between the Housing Authority and tbe City of Englewood
concerning the Housing Rehabilitation Prograa.
NOW, THEREFORE, BE IT ORDAIDD BY THI CITY COUNCIL OF THE
CITY OF ENGLEWOOD, COLORADOs
Section 1. That the City of Bn9lewood ahall ... nd an agreement
with the Housing Authority titled •Aft AcJre ... nt Between The City
Of Englewood And The Englewood Bouain9 Authority Regarding The
Policies Governing The Bouaing Rehabilitation Loan And Grant
Program Of The Englewood Houaing Authority• attached hereto and
incorporated by reference, generally inaludin9 the following:
1. Application and approval prooedure for obtaining a
loan or grant from the Housing Rehabilitation Pr09ram.
2. The establishment of polici•• and priorities based on
the use and purpose of the grant and loan eli9ibility, income,
neighborhood, liens, credit factor•, loan• on rental property,
and repayment.
3. The requirement of auperviaion of any improvement.
Section 2.
A. That the City··of Englewood hereby grants to the Englewood
·Housing Authority the sum of Three Hundred Ninety Thousand Dollars
($390,000) to be used in accordance with Application Grant Number
B-81-DS-08-0008 under Title I of the Bouain9 Development Act of
1974 and the Agreement described in Section 1 hereof •
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B. Whae ehe eiey ef Bfttiewee• f•wehew tWaftee ee ehe
Bn!ieweee He~eift! A~the•ity Whi•ey-fe•w Wh••••R• Whwee HW\e•ea
'!Wenty Beii••• ~$i47ii9~ fer geftewai ... ,R,•ewae,•e e1qtefteee 'ft
aeee•eanee with eaia grant whieh •h•ii lie •h•wte4 ~Y the e•ty f•ea
time te t•me te pay amainiet•aei•• .... ft••• ef the e'ey ama,niete•-
ift! eaie !••Re w'eh the appre¥ai ef eh• a••Y llaftat•• e• hie aeei!nee.
B. INCLUDED IN THE FOREGOING $390,000 IS $34,320 FOR
GENERAL ADMINISTRATIVE EXPENSES WHICH SHALL 81 CHARGED BY THE
CITY AGAINST THE SUM OF $34,320 PROM TIMI TO TIME TO PAY ADMINIS-
TRATIVE EXPENSES OF THE CITY IN ADMINISTERING SAID GRANT.
Section 3. That all ordinance• and reaolutiona in conflict
with the foregoing are hereby repealed and expreaaly repealed
are all prior Rehabilitation Loan Program Agreement•.
Section 4. The City Council of the City of Englewood, Colorado,
hereby authorizes the Mayor of the City of Englewood, Colorado,
to subscribe his name to said Aqreement for and in behalf of the
City Council and the City of Enqlewood, Colorado, and that the
Director of Finance, ex officio City Clerk-Treasurer, attest the
same •
Introduced, read in full, and paaaed on first reading on
the 20th day of July, 1981.
Published as a Bill for an Ordinance on the 22nd day of
July, 1981.
Read in full and passed on final readinq on the 3rd day
of August, 1981.
Published in full aa Ordinance No. 60 , Series of 1981,
on the 5th day of August, 1981. ~
,C_~«". ;;f._~
T !uge~.-Otis, Mayor
Attest:
((71 ~.1/~ ex officiOf~Cleik=TrjSUi'E!r
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I, Gary R. Higbee, ex officio City Clerk-Treasurer of the
City of Englewood, Colorado, hereby certify that the foregoing is
a true, accurate and complete copy of the Ordinance passed on final
reading and published in full as Ordinance No. 60 , Series of
1981. ~
~1~iffi~ Ga~9B'e
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