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6.A.(1) Loan and Grant South Bend Home Improvement
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10/17/08 Meeting
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6.A.(1) Loan and Grant South Bend Home Improvement
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10/14/2008 4:13:29 PM
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AGREEMENT FOR SUPERVISION OF REAL PROPERTY <br />REHABILITATION <br />This Agreement is entered into by and between the City of South Bend <br />Redevelopment Commission and Jessie Brumfield Owner ,residing at 241 E. <br />Indiat,~~ ~~~~~t~rEue, South_ s, ~ ~ ~. '_ rd Joanna Watkins Owner . <br />1. Owner has entered into an agreement with City of South Bend- <br />Redevelopment Commission dated October 17, 2008 for a Home Improvement Loan <br />in the amount of Seven Thousand Three Hundred and 00/ 100 ($7,300.00)_to be used <br />for the sole purpose of rehabilitating the premises commonly 241 E. Indiana Avenue, <br />South Bend, IN, 46613 and more full described as: <br />Lot Numbered (117) of Haney's Addition <br />2. Owner has entered into art Agreement for Rehabilitation of Real Property <br />dated October 30, 2008 with Tri-M Construction (Contractor) and Ernsper~er A/C and <br />Heating (Contractor) for the rehabilitation of said premise. <br />3. Owner 8s Commission hereby authorizes the Division of Community <br />Development to monitor and inspect the rehabilitation work, to approve or disapprove <br />Contractor's performance, to approve or disapprove proposed changes, to issue stop <br />work orders when Supervisor determines that such action is in the Owner's best <br />interest and to perform all other acts necessary to insure that Contractor fulfills its <br />obligations under the Agreement for Rehabilitation of Real Property, including all <br />terms and conditions thereof'. <br />4. Owner Ss Commission hereby authorizes the Supervisor to disburse the <br />proceeds of Owner's Home Improvement Loan to pay the costs of rehabilitation <br />performed at the above described premises, pursuant to the Agreement for <br />Rehabilitation of Real Property. Disbursement of said loan proceeds shall be made <br />pursuant to the terms and conditions of said Agreement for Rehabilitation of Real <br />Property. <br />
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