Loading...
HomeMy WebLinkAbout6.A.(3) Loan and Grant 1624 Southeast Dr.1200 COUN"I Y'-C1TY BUILDING 227 W. JEEEe,RSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 ~- A PHONE 574/235-9371 FAx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUEC;KE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY EXECUTIVE DIRF,CTOR November 6, 2009 To: Redevelopment Commissioners From: Kaye Trowbridge, Community Development RE: Type of Loan South Bend Home Improvement Pro~?ram Amount of Loan Request 4 750.00 Grant 4 603.50 Loan Client Michael E. Malinowski Property Street Address 1624 Southeast Drive Property City, State, Zip Code South Bend, IN 46614 We are submitting for your review and approval the above application. This transmittal includes the following: 1. Final Application 2. Contractor's Bids- BSR Roofmasters 3. Agreement for Supervision If you have any questions, please contact me at 235-9660. APPROVED Donald Inks Director Department of Redevelopment COMMUNI"CY DEVELOPMP.NT ECONOMIC DEVELOPMENT FINANCIAL A' PROGRAM ~~if:.i.,, (;_ ~~.I2 DoNn~o E. INKS MANAGEMENT f:~USers~Shar 1 ~ transmit 574!235-937] Euzn[serN LEONARD Fas: 574/235-9697 574lZ35-9371 C~) 1200 COIIN'TY-CITY BUILDING 227 W. JEFFA,RSON BOULEVARD SOU"rH BEND, INDIANA 46601-1830 D. Amount of Mortgages Being Refinanced E. TOTAL (sum of lines lA through 1D) Funds to be Furnished From Other Sources A. Grant Funds To Be Furnished (SBHIP grant) B. Other Funds To Be Furnished ( ) C. TOTAL (line 2A+2B) Line lE Minus Line 2C TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50) Interest Rate Per Annum 0% Number of Months 72 Monthly Payments of Principal and Interest (Do not round) CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY HL ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY EXECUTIVE DIRECTOR Community Development SOUTH BEND HOME IMPROVEMENT PROGRAM Loan Application Applicant's Name Michael E. Malinowski 1624 Southeast Drive Name Address 1. Rehabilitation Cost PROJECTED LOAN TOTAL South Bend. IN 46614 33 City/State/Zip Age A. Amount for Construction Work $8,370.00 B. Unexpected Costs (10% of line 1A) $837.00 C. Title Report, Recording Fees Credit Report, Legal Fees, etc. $123.00 2. 3 4 Age of Structure Remaining Economic Life "As-Is" Value "After Rehab" V lE $9,330.00 $4,603.50 2C $4,603.50 3 $4.726.50 $4.750.00 $65.97 1. Total Gross Monthly Income 2. Monthly Housing Expense 3. Liabilities 4. Total Monthly Fixed Charges 5. TOTAL (lines 2, 3 & 4) Balance (line 1 minus line 5) TOTAL LOAN PAYMENTS PI~oNE 574/ 235-9371 Fnx 574/235-9021 TDD 574/ 235-5567 $624.50 8305.00 titi?5.?6 $3,858.02 $1,804.76 COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL HC PROGRAM PAh1ELA C. MEYER DoNalo E. INKS MANAGEMENT 574!235-9C60 574/235-9371 EuzaaeTw LeoNaR~ Fax: 574/235-9697 574/Z35-9371 BID FORM TO: Division of Community Development 1200 County-City Building South Bend, IN 46601 For: South Bend Home Improvement Program We, the undersigned, propose to do all the work and furnish all the labor and materials necessary for the rehabilitation and upgrading of subject residence as set forth in the work write-up and specifications titled as prepared by the Division of Community Development. We further declare that we have carefully read and examined the specifications, including the bidding requirements, general conditions and all other sections; that we have made a personal examination of the subject residence and that we understand the exact scope of the work required. In submitting this proposal, We agree: 1. To hold the proposal open until 2. 3. 4. 5. 2008. To accept the provisions of the general conditions regarding progress of payments and liability insurance. To enter into and execute a contract if awarded on the basis of this proposal, within 5 days after date of such notice. To accomplice the work in accordance with the contract documents. To complete the entire work within award of contract. Company gnat calendar days from date of e~ ~ ~ GCt Date ~P~C ~~ i C~ ~;~''1~ Title ?'~ W.) erFtr~u~ Guy ~ :~, ~:u, li.,l ~ d Bt~n, Iii ~~.~~:~ -r66U I - I ~3U ~~;~", :~~>~~~~~rH Bi~.~.~i~ ~~rF_i~HEV ). Lir~_i:F, AI:»~r~~: COMMUNITY HL ECONOMIC DEVELOPMENT JEFFREY V. GI13tiEY EXP.CI~Ti~'!? DIKL(:ir~R Propem Address: 1624 Southeast Dr. Property Owners: Michael Malinowski 587-0792 Date: September 12, 2008 Inspector: Jeff Young Program: Home R~air& Improvement Pro~-am Bid Specifications Roof (House and attached garage) 1 ~:~ ~ ~ (~ ~ Tear-off all roof coverings down to bare wood deck on all surfaces. Replace or repair all deteriorated framing members and sheeting. On all areas install 7/ 16" OSB sheathing over decking to provide level and adequate nailing surface for new roofing, then with new "TITANIUM-UDL" Synthetic Roof Underlayment or approved equal, premium (1'/2") metal drip edge along all roof edges, appropriate pipe boots and Owens Corning or Cora-Vent brand corrugated vinyl roof ridge vent for proper attic ventilation, needed transition flashing, step and counter flashing at vertical transitions. After installation of furnace and water heater chimneys are to be removed to below roof line. Install "lce ~c Water" shield along roof eaves and in valleys. Install 235-240 lb. Oakridge dimensional, or GAF Timberline dimensional or approved equal on all pitched roof surfaces a one ply rubberized roof system or an approved equal on low slope areas. Cap shingles are to be an exact color match and are to be manufactured by the same company as shingles. Gutters: (House and attached garage) 2 ~ y ~ ~4 ~~- Furnish and install new white or brown (per homeowner) .02? ga. aluminum seamless gutters and downspouts on home. Gutters and downspouts shall be hung and secured in a manner that effectively carries away storm water. Down spouts shall be installed so all gutters are serviced by at least one. Install minimum b0" downspout extension with elbows at terminal ends of each downspout, all are to extend at least to lawn areas. Cover all with new metal leaf guard (expanded aluminum 4' sections with rigid mounting flanges) S `-% ~ j 7 ~ ~ ~~~I'OTAL Page 1 of 1_ Ccui,~tt~>.~.~t D!~~ rir~r~u u i E~ r~~u~~~u~ DE~~rt.~~r.~m~_i f~~.~w<~~.v_ ~ Pa~u;i~at !~ .:. r r: ~,i:,: ; ~~r,~.u: il. i~~:, `l:wncer.tr` r c-. :.ice-•~br,u ;-, _ ;-•r ;,I ~_. _.,~, r .... .... ..... ~;:~ ~~?:. ~-I/'.)~-`16.7- :'ii _'i;. qi-1 AGREEMENT FOR SUPERVISION OF REAL PROPERTY REHABILITATION This Agreement is entered into by and between the City of South Bend Redevelopment Commission and Michael E. Malinowski Owner ,residing at 1624 Southeast Drive, South Bend, IN 46614. 1. Owner has entered into an agreement with City of South Bend- Redevelopment Commission dated November 6, 2009 for a Home Improvement Loan in the amount of Four Thousand Seven Hundred Fifty 8s 00 / 100 ($4,750.00) to be used for the sole purpose of rehabilitating the premises commonly 1624 Southeast Drive, South Bend, IN, 46614 and more full described as: Lot 121 Twyckenham Hills Sect B 2. Owner has entered into an Agreement for Rehabilitation of Real Property dated with BSR Roofmasters (Contractor) for the rehabilitation of said premise. 3. Owner & Commission hereby authorizes the Division of Community Development to monitor and inspect the rehabilitation work, to approve or disapprove Contractor's performance, to approve or disapprove proposed changes, to issue stop work orders when Supervisor determines that such action is in the Owner's best interest and to perform all other acts necessary to insure that Contractor fulfills its obligations under the Agreement for Rehabilitation of Real Property, including all terms and conditions thereof. 4. Owner & Commission hereby authorizes the Supervisor to disburse the proceeds of Owner's Home Improvement Loan to pay the costs of rehabilitation performed at the above described premises, pursuant to the Agreement for Rehabilitation of Real Property. Disbursement of said loan proceeds shall be made pursuant to the terms and conditions of said Agreement for Rehabilitation of Real Property. Executed this 6th day of November, 2009. OWNER City of South Bend -Redevelopment Commission Michael E. Malinowski STATE OF INDIANA ) SS: ST. JOSEPH COUNTY ) Before me a Notary Public, personally appeared and acknowledge execution of the foregoing agreement this 6th day of November, 2009. Cheryl K. Phipps, Notary Public Residing in St. Joseph County, Indiana My Commission Expires: January 7, 2015 STATE OF INDIANA ) SS: ST. JOSEPH COUNTY ) Before me a Notary Public, personally appeared Michael E. Malinowski and acknowledge execution of the foregoing agreement this day of , 2009. Kaye Trowbridge -Notary Public Residing in St. Joseph County, Indiana My Commission Expires: February 6, 2016