HomeMy WebLinkAbout6B(1) Loan & Grant~~ ~ (~ ~
I2~)l) COUN"17-CITY BUILDING
227 W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 466OI-1830
PNONE 574/ 235-9371
Fnx 574/235-9021
TDD 574/ 235-5767
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY HL ECONOMIC DEVELOPMENT
JEFFREY V. GIBNEY
EXECUTIVE DIRECTOR
April 9, 2010
To: Redevelopment Commissioners
From: Kaye Trowbridge, Community Development
RE: Type of Loan South Bend Home Improvement Pro ram
Amount of Loan Request
Grant
Loan Client
Property Street Address
Property City, State, Zip Code
$5,950.00
$5,786.27
Donna M. Wright
1801 S. Kendall Street
South Bend, IN 46613
We are submitting for your review and approval the above application. This transmittal includes
the following:
1. Final Application
2. Contractor's Bids- Tri-M Construction
3. Contractor's Bids- Gnoth Naragon
4. Agreement for Supervision
If you have any questions, please contact me at 235-9660.
APPROVED
Donald Inks
Director
Department of Redevelopment
COMMUNI"fY DCV k~I.OPM EN"T ECONOMIC DEVELOPMENT FINANCIAL A' PROGRAM
Pna~ ~ 1r~~ea DoNeLD E. INKS MANAGEMENT
f:~USerS~Shar~~~~,e~transmlt 574/235-9371 L'L1ZA6ETH LEONARD
Pax: 574/235-9(,97 574/235-9371
I2OO COU,N"IY-CITY BUILDING
22.7 W. JEFFERSON BOULEVARD
SouTItBEND,IND~nNA 46601-1830
D. Amount of Mortgages Being Refinanced
E. TOTAL (sum of lines lA through 1 D)
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 1 E Minus Line 2C
TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50)
Interest Rate Per Annum 0% Number of Months 60.
Monthly Payments of Principal and Interest (Do not round)
CITY OF SOU"I'H BEND STEPHEN J. LUF.CKF., MAYOR
COMMUNITY ~ ECONOMIC DEVELOPMENT
JEFFREY V. GIBNEY
EXECUTIVE DIRECTOR
Community Development
SOUTH BEND HOME IMPROVEMENT PROGRAM
Loan Application
Applicant's Name Donna M. Wrieht 1801 S. Kendall Street South Bend. IN 46613 54
Name Address City/State/Zip Age
Co-Applicant's Name South Bend, IN _
Name Address City/State/Zip Agc
PLEASE NOTE: Hereafter Individual and joint applicants will be referred to as the "applicant".
Age of Dependents: _ _ _ _ _ Total Number of Dependents: 0
PROTECTED LOAN TOTAL
1. Rehabilitation Cost
A. Amount for Construction Work $10,520.53
B. Unexpected Costs (10% of line lA) $1,052.00
C. Title Report, Recording Fees
Credit Report, Legal Fees, etc. $li0.00
2.
3.
4.
Age of Structure Remaining Economic Life `'As-Is" Value
lE $11,722.53
$5,786.27
2C $5,786.27
3 $5.936.26
SJ.95O.00_
$99.17
"After Rehab" Value
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
PHONE 574/235-9371
FAx 574/235-)021
TDD 574/ 235-5567
$417.00
$0.00
$909.00
$2,718.19
$1,326.00
$1,426.28
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL RL PROGRAM
PAM F.LA C. YSEYF.R DONALD E. INKS MANAGEMENT
574/235-9660 574/235-9371 EuzAae.rH LeoNARD
FAx: 574!235-9697 574/235-9371
LC~J C,OUNIY-C1T Y BUILDING
-2.2~W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46GO1-1830
CI1"
COMMUT
Property Address:
Property Owners:
Date:
Inspector:
Bid Specifications ~
Roof (House)
1 L 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 Underla~nt or approved equal, premium (1'/z") 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. Install "Ice &
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.
NOTE: Cap shingles are to be an exact color match and are to be manufactured by the same company
as shingles.
Gutte s; (House)
2 ~ ~ .~ Furnish and install new white or brown (per homeowner) .027 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 60" 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
rii?id mounting flames)
Miscellaneo
3 ' L Remove existing basement steps. Prepare opening and then install a new set of wood
treads and stringers in existing location following existing design if possible. Remove rear storm door and
replace with a new white or Larsen Ultra-Core self storing storm door unit and all needed hardware.
Repair flying splice in basement area by properly installing wiring into a covered utility box. Replace
bathtub faucet assembly in 2"d floor bath room with a new chrome 2 handle tub faucet assembly w ith
hand held shower unit.
$ ~~~~ TOTAL
Page 1 of 1
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL ~ PROGRAM
PAMGLA L. MEYER DONALD E. INKS MANAGEMENT
574/235-9660 5741235-9371 L.tlzAearH LEONAw
Fnx: 574/235-9ti97 574/235-9371
12110 CAUN'CY-CITY BUILDING
'Ld71~! JEFFaRSON BouL~v.~.eo
3oura~eN~>Zlvpl,~r~ ~6b01-1830
PHONE 574/ 235-9371
I'ax 574! 235-9021
TDD 57~F(235-55b?
Cl~rx o~ Sov~I'I-I P~Np STEI'HEIV J. f.vECfcr, lvl~xo~
COMIVIUNITY BL ECONOMIC ~~V~LOPMENT
J>r~a±~~x V Gls~1~x
1~x>rcv'~IV~ Ullzecxo~
~7~v~s~on off` Couaaxty Deve~o~~e~t
Pzopezty ,Address: 1801 S. Kendall St.
Propexty Owners: Donna Wright 234 3~Ob~b-740QZ10~831fC1
Date: February 9, 2010
Inspector: Jam' Young
Bid S ecifications
,,~'urriace: (See Attached Minirrzum Bid S~ec~caeaon)
1. Install zlew minimum 95% efficient gas I`ixed I'o;'ced air ~~ulncaace and 13 seer central
air conditioning_unit appropriately sized for homes heating requirements. Installation to include
needed new wiring, Energy Star Rated setback thermostat or approved equal, duct work,
condensing unit, coil, refrigerant lines, condensation evacuation pump, PVC exhaust duct anal
exterior combustion air intake, and carbon monoxide detector to efficiently heat and cool the
horzte. Conizactoz shall check supply azzd zetum duct work for blockage or restrictions, and be
responsible for proper operation and or replacement if needed; all supply duct joints are to be
sealed to prevent air Leaks. Installation shall conform to local codes. IZezz>ove and haul away old
furtxace, duct work, axzd debris.
Note: ,The existing is a gravity fed furnace converted to natural gas_ Installation o#~ anew will
require replacement of all supply and return ducting, traallsitians, aand registe>c boots. If present
retuxx~ aix cavity below furnace will be zequxred to be filled, compacted and them have a
rninixztuu~ Z" cap of cozzcrete smoothed axad leveled to txisting floor plane.
CotvS~Ua'3~' l~a?YSIAPMENT
TAMP L.i C, MbYEA
574!235.9660
Fnx: 5741235.9697
Job Cost Tatal.
ECONOMIC Dk~~I.O~MPNT
J7oN~LO lr. Izva~s
5'741235-9371
~INANCL4L & PKOGR.4M
~ANAG~,MPNX"
Ec~L,gesrr~ j_EOxgnp
5741235-3371
k'age 1 of 2
AGREEMENT FOR SUPERVISION OF REAL PROPERTY
REHABILITATION
This Agreement is entered into by and between the City of South Bend
Redevelopment Commission and Donna M. Wright Owner ,residing at 1801 S.
Kendall Street, South Bend, IN 46613.
1. Owner has entered into an agreement with City of South Bend-
Redevelopment Commission dated April 9, 2010 for a Home Improvement Loan in
the amount of Five Thousand Nine Hundred Fifty ($5,950.00) to be used for the sole
purpose of rehabilitating the premises commonly known as 1801 S. Kendall Street,
South Bend, IN, 46613 and more full described as:
N 1/2 Lot 101 So Bend & Gary Land Co.
2. Owner has entered into an Agreement for Rehabilitation of Real Property
dated with Tri-M Construction and Gnoth Naragon (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 9th day of April, 2010.
OWNER
City of South Bend
-Redevelopment Commission
Donna M. Wright
STATE OF INDIANA )
SS:
ST. JOSEPH COUNTY )
Before me a Notary Public, personally appeared
and acknowledge execution of the foregoing
agreement this 9th day of April, 2010.
My Commission Expires: January 7, 2015
STATE OF INDIANA )
SS:
ST. JOSEPH COUNTY )
Cheryl K. Phipps, Notary Public
Residing in St. Joseph
County, Indiana
Before me a Notary Public, personally appeared Donna M. Wright and
acknowledge execution of the foregoing agreement this day of , 2010.
Kaye Trowbridge -Notary Public
Residing in St. Joseph
County, Indiana
My Commission Expires: February 6, 2016