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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