HomeMy WebLinkAbout2004 Ordinance No. 007•
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ORD INANCE 0 . !]_
SER IES OF 2004
BY AUT HOR ITY
CONTRACT. NO, J.. 3. -~OO'f-
COUN CIL IJILL NO . J
INTRODUCED IJY COU NC IL
~I EM BER BRADSHAW
AN ORD INANCE APPR OV ING AND AUTHOR IZING AN AMENDMENT
NUMIJER ONE TO THE FEDERAL HOME INVESTMENT PARTNERSHIPS ACT
AGREEMENT IJ ET\VEEN ARAPAHOE COUNTY AND THE CITY OF
ENGLEWOOD , CO LORADO .
WHEREAS , th e Unit ed State s Government , th ro ugh the National Affordable Housing
Act of I 990 , has es tablished the Home Investmen t Partner ships Program and has all owed
each state to elec t to administer such federa l fund s, subject to ce rt ai n conditio ns, for
decen t, safe, sa nitary and affo rd ab le housing; and
WHEREAS, Arapahoe Co unt y ha s elected to admi ni ster such federal funds ; and
WHEREAS, th e Englewood Ci ty Co uncil passed Ordin ance No . 62, Se ries of 2003
authorizing the exec uti on of an intergove rnment al agre e• fo r the Fcdr ral Home
In vest men t rarlncrsh ip s Program wi th Arapa hoe C ·· J r S 100,000 10 supp ort the
Hou si ng Rehabilitati on Loa n program ; and
WHEREAS, th e Ci ty of Englewood ha s bee n awa rded an addi ti ona l gra nt of $50,000
increasing th e total gra nt to $150 ,000 to prov id e funding fo r its low and moderate
income homeowners for re hab il itatio n of at le as t 13 single-family, owne r-occ upi ed
homes;
NOW, THEREFORE. BE IT ORDA INED BY THE CITY COUNC IL OF THE CITY OF
ENGLEWOOD, CO LORADO, AS FOLLOWS :
~. The Amendment Num ber One to th e Home In vest men t Partnerships
Progra m, att ac hed hereto as Ex hibit A, is hereby acce pt ed and approved by th e
Englewood City Co unci l.
Sec 1ion 2. The Mayo r and Cit y Cle rk ar c au1h or izcd to exccu1c and aues t said
Agreemen t for and on be half or th e Cit y of Englewood .
ln1rodu ccd, read in full , and pa ss ed on fi rs! reading as an eme rgency ordina nce on
the 2n d day of Febrnary, 2004.
Publ ished as a Bill for an Ordinance on the 6t h day of February, 2004 .
Read by title and pa ss ed on ri nal reading on th e 17th day of Fcbrnary. 2004 .
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Publi shed by 1i1l c as Ordinance No .
February, 2004 .
I, Loucrishia A. Ellis, Ci1y Clerk of 1hc Cily of Englewood, Colorado, hereby
certify that the above and foregoing is a true cop1jlf th e Ordinance pa sse d on linal
reading and published by title as Ordinance No. J_, Seri s of2 .
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..\.\-IE:'-iDMDT :'-iC:\-IBEH ONE TO T H E
HOME INVESDIE:'-iT P . .\RT:--i[RSHJP S .\CT . .\GREDCE:-.T • SL13GR.->..: TEE : CIT Y OF E.'iGL E.WOOD
r'~•')JECT : :oo: HOL"S l)iG REH.-V31LlH TIO:-i
This Ami:ndmt!nt is madi: by Jn d ~n1,i:c:n tht: Ci ty uf Eng li:·.vood , SubGr:rnte: 1 Jn <l tht! Board 0 r" C.>um :,
C1J mmi ss1oni:rs of .V:ipahOt! C :i un ty. Culo rad o I C..>um y 1.
WHEREA S. tht! SubG r:mte: JgTCt!d to ..:o mp lc:te the:: prOJt:\.:t knO\'-O .1s Housing Ri:hab11it:1t1 on. Jnd -;:mered 1mo J
HOME ln1esi :nent Partnerships .\c: .\,.,.eem~n t t .\greement I w11 h C0 um y. dated Octobe r:. :003 : Jnd
WHERE . .\S . the CiJunty Jnd 5ubGr.i me:: wo ul d liki: ro modif~ :h t: proj i:ct ,;oa ls .1nd bud~t!t in vrdc::--m rcrli:c: Jn
inc re:isc:d ;-·unJing .1mo unt :1vait1 bli: to tht! proji:ct: Jnd
WHERE..\S. the! SubGrJnte:: has req uested J w:iivc:r m the: :na :cim um HO~lE IO\l!Stmi:nt ;Jl!r ho use! ,;pi:ctrii:U ;n the
C1J unty',; h::.:.d basi:d paint po1h.::: fo r !10using i"c:h ab llit:mo n prop::.::s .
'.'i'O\V . THE~FOR.E . fo r ,he: mutual ..:ons1d<!r:mon ,1 £ :h<! ;,am ~::. :h<! :c::.:..:ipt JOC )ur°fo.::c:1c :. ->r -.hie:, Jre '.1c:rc!:'~
ackno\,.lcd;~d. the C,umy Jnd SubG rJ.me:! J:,rre:! :o mcreas<! :he :v 1:.1 l . ro_1<!:.:: ·undin~ Jmount to )15 11.!kJO,!~l . The
Cvunt~ JOU )ubGrJnh!:! r"u11hc:r .;';Te:! 1hat :he: ;:,roJi::.:: "1uJ nlllbbii: ;oJls ;ha il ::-e J::a ·v llow ,;:
Thi: Su0Cr:1mt::! .\Ill ?r0\1Cc: :>c::0\,.. market i nh:r.:!:l t i:.ttc !uJn s :u ;hir.-.::::1 '.}• 1m.:11 mc di~1ble En~!t!'.\,1cJ
homcov,nc:rs :O r :h e: ;:,urpo:ic Jr° ho rr.c :m;:ro\t:mc:nc 5. Spc-.::fo..: ::!!1:.ibtiitJH 1..:n .i.::r .1 ucs :unut!U i:-:. ihe ;:,rogr~m :na ~
im.:!uUc but Jre :,or :ic::.::!ssanl~ l imuc:d m ,: piumbrn\!. :lc::.::r:c:.1I. ;-Jmp s JnJ }lhc:r JC ..:.:s:i 1b•iit: modirk:mons. roofs.
~ct ur=i .vork.. 1nd vthcr :.icu\·itic:s relacc:.1 :o hc:.ilth . .)a(c:r :, l r .:aJc: .:Jmp iianc.:. All imp rovcmc:n1s :·um.ic:d um.icr
... is .:rr:i nc .ue to be ~rformcd m co mpli :.mc.: ·.v ich 1pplicabk lo.:ai ,>r :ndustr;. .:Jt.ks 1nd l lam.Jard s.
The: (0um ; . .:nj )uoGr.rntc::: 1lsu Jgrc::! :hJt :he: co 111 .!JTiuum .H :-:O~IE :uni;:: J!:1 ..:~ :ll 1ss1st .1 :i m~!c .1 o mc '..lnd c; tlu ~
pro_ic:cc ~~ 101 :.'(C:!::U ,s :.1..~10~1 . Thi s Jmount m.:!u oc:s ~n~ HO~IE :·unt1i11:'. .,sd :Or pn>Jc:Ct b;,,i sc:u JJmm1 strJll\i:
c::q:c:nSI!~.
The: CJunt :, 1nd SuoGr:rn tc::: -'u nh.::-Jgr~:: :hat rhc ;,roJ I!:.:: ')uJ~-;:: .:n.1 i.:!1d :u ·he m~111al 1..~rt!c::nc::n s ..:uns1ucr.::.i
nu ll Jnd 01d . _nd the uJ~.:: .atJi.:ht:J !1c:r ..::0 i :i :t0\\ .n ..:r'ft::.:1 :me~:-:ht: :c:rm s 1r :he: -\~!\!:::ncnc
A.II •Hhc:-:c:rmL ..:onJmons Jnli ,c::.::ion s ,Jr' me: ,Jrig.111:1 1 li.~r!!:!mc::H JnJ :h e: ( J unt:, ·, ;iu l1.:1cs ~c:!J1 cJ :o lc:.iJ ~ascli
p:.aim :nH 1,;:1[hJn net .m.:onsist:::ic \irh 1h1 :. \m:::1Jm.:~1 Jrc: :"l!:!r'tir.r.c:.i _nl.! ·n..:~qJ 1..·r.:1..::.i !1c:n:::n :J~ ·h1~ ·.!~crcn ...:.:
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Subgr:intee : City of Englewood
Signarure : _________________ _
Gary Sears
Tide : _____ C:.;i:.;t;..Y.....:;'.i:;;;a;;;;na:.;g,_e:.;r;_ ________ _
Board oi County Comrrussionm
Anpahoe County . Colorado
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• PROJECT BCDGET
COLUMN .\ COLUMNS I COLUMNC I COLUMN D I
PT'o jtte AaMdcl tauma1cd Tow Coll o( C08G Funds Olher Fu nds Co mmintd I
(speciry by llae iltml .~cdvhy i
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\dffllnlS~Ove O:PfflkS )50.000 Sl~.000 535.000 ' '
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I 1 J renab 1il 11non loans )21 0.000 )11~.000 I )i!.001
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TOT.\L: 5260 .000 )1!0.000 i 51 10.00)
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CO UNC IL COMM UN ICA TI ON
D at e Agenda Item
10 ., i
Subje ct:
Amend in g an lntergO\ ernm ent al
Agree men t bet',\ee n th e Citv and
Araoah oe Count \
INITIATED BY :
Co mmt 1n itv D e\ eloornen t DeDt. I STAFF SOU RCE :
IJne t G rimm ett. Housin ~ Fi nnnce Soeci~1lbt
CO UNCIL GOAL AND PREVIOUS COUNC IL ACTION
Counci l pa ss ed O rdina nce , o. :!, Se ries of 2003 auth orizi ng th e e-xec uti on of an
in tergove rnm enta l agreem ent io r th e Feder al HOME In ves tm en t P~1rtn erships Program wi th
Arapaho e Coun ty to support the H ousin g Rehabil itation Loa n prog ram .
RECOMMENDED ACTION
Ap prove a Bill io r an Ordinan ce authorizing an Jmendrn ent to the lnt ergo\ ernm ental Agr ee ment
fo r th e H OME Inves tm en t Pa rtn erships Prog ram be tw een Arapa hoe Coun ty and the Ci ty of
Engl ewood.
BACKGROUND , ANALYS IS, AND ALTERNATIVES IDENTIFIED
A rapah oe County re ceives federa l funds thro ugh the HOM E in ves tme nt Partn erships Act program .
Th ese funds provide grants to non-profi t ag encies , housi ng au thoriti es, and local governm en ts to
prirnaril v provide dece nt affordabl e housing to low and mo dera te-in co me hous eholds.
Th e Ci t, o i Engl wood w as app rove d for a S I 00,000 gran t to provide loa ns to 8 income el igible ow ner-
occ upi ed homeow ners to iinanc e the cos ts oi th eir maj or hous ehold rep airs and home imp rove men ts.
Th e am en dmen t modifi es th e IGA as fo ll ows:
a. in creases th e am o unt o i th e grant fr om SI 00.000 to SI 50,000
b. increJ SPS the numb er oi projec ts to be co mpleted irom 8 to 13
i:. uicreJ :::.es the maxim um oi iunds spent per project from S~0.000 to S~➔.9Y9
d. m ocliiies the bu dge t to retl ec t these chan ges
FINANCIAL IMP ,.\CT
Th e e,1s t111g emp lm ees in Cornm uni tv De\ elop mem ar e J\ Jil Jbl e to Jdmin1s ter the proj ec t and
th ei r s,1l Mit::~ Jnd be nefits .ir e pa rt oi th e Cit, 's co ntnbuu on.
LI ST OF ATTACHMF .~TS
Bill io r Jn O rdinar ..:e