RM 10-20-78 - Laserfiche WebLink

Home Browse Search

Redevelopment Commission Regular Meeting October 20, 1978 6. NEW BUS NESS (Continued) C. Coupission approval requested by the North Advis for a grant of $8,000 to RENEW, INC., a n6t-for- organization, for the rehabilitation of the ro located at 921 Cleveland Avenue, South Bend, Ind sub ect to South Bend Common Council approval. Board GRANT APPROVED it PER REQUEST OF RENEW, INC., FOR REHABILI- TATION Mr. Harcus: This grant is the first one, according to the new guidelines, in which we are permitted to give assistance in acquisition of the property. The grant of $8,000 was bro en into two segments. Rehabilitation cost of $5,541.74 and the acquisition assistance $2,458.26 subject to them acq firing clear title in a standard mortgage fashion. Mr. Ellison: I should explain to the Commission that previously, HUD did not allow the City to provide dollars to a not - for - profit to acquire property. That was specifically prohibited by the regulations last year. With the passage of the community development act of 1977, which amended the Co unity Development Act of 1974, HUD, and the Congress allowed a broad range of activities. One of those included the capability for a not- for - profit to acquire property to be rehabilitated for the provision of housing. Consequently, when the Common Council appropriated fourth year Community Development money, for not- for - profit rehabilitation, the Council did so cognizant that a portion of the dollars could be used for property acquisition so that the property can subsequently be rehabilitated. I am calling this to your attention because I believe this is the first instance in which a combination of a grant for rehabilitation and acquisition has come before you. Of ourse, the $8,000 ceiling still applies. Mr. Wiggins made a motion that the $8,000 grant requested by REN W, INC., for rehabilitation and acquisition, be approved, sec nded by Mr. Robinson, and the motion was unanimously car ied. Jur con tot Sou Mr. .ission approval requested for Change Order #1, fin's Construction Company, for an increase in ract price of $256.30, for an amended contract 1 of $21,979.30, at the address of :h Bend, Indiana, as set forth in letter from James Harcus, Director of Bureau of Housing. 1453 Rockne Drive Mr.IHarcus: I will read from the letter as follows: The original rehabilitation specifications call for shingling of roof. While servicing that requirement and from the vantage point of the roof, the contractor judged that gutters may not me CHANGE ORDER APPROVED FOR JURTIN'S CONSTRUCTION COMPANY