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Home My WebLink About6A(1) Loan & Grant~~~~~ 1200 COUNTY-CITY BUILDING 227 W JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/ 235-9371 Fnx 574/235-9021 TDD 574/ 235-5567 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR COMMUNITY ~ ECONOMIC DEVELOPMENT JEFFREY V. GIBNEY January 21, 2011 EXECUTIVE DIRECTOR To: Redevelopment Commissioners From: Kaye Trowbridge, Community Development RE: Type of Loan Amount of Loan Request Grant Loan Client Property Street Address Property City, State, Zip Code South Bend Home Improvement Program 5 700.00 5 530.17 Gloria E. Sharp 909 Sancome Avenue South Bend, IN 46628 We are submitting for your review and approval the above application. This transmittal includes the following: 1. Final Application 2. Contractor's Bids- Garman Electric 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 COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCGIL R' PROGRAM f:\users\shames~d\l~lc~is~\transmit DONALD E. INKS MANAGEMENT 574/235-9660 574/235-9371 EL~zAaeTH LEONARD I'AX: 5741235-9697 574/235-9371 Community Development SOUTH BEND HOME IMPROVEMENT PROGRAM Loan Application Applicant's Name Gloria E. Share 909 Sancome Avenue South Bend, IN 46628 50 Name Address City/State/Zip Age Co-Applicant's Name South Bend. IN _ Name Address City/State/Zip Age 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 _$10,055.33 B. Unexpected Costs (10% of line lA) __$1,005.00 C. Title Report, Recording Fees Credit Report, Legal Fees, etc. $146.00 D. Amount of Mortgages Being Refinanced E. TOTAL (sum of lines lA through 1D) 2. 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) 3. Line lE Minus Line 2C 4. 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) Age of Structure Remaining Economic Life "As-Is" Value 1E $11,206.33 $5,530.17 2C $5,530.17 3 $5,676.16 $ ~, 700.00 $79.17 "After Rehab" Value i. 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 $471.86 $53.00 $468.00 $2,494.60 $992.86 $1,501.74 ~~ 1200 COUNT'-Cm' BU]LDINC 227 W JEFFERSON BOULEl'AIiL) SourH BENq INDI,4NA 46601-1830 CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR C®IVlIviLJNI~'Y ~ ECONOMIC ~EVEL,OI'MEN"I` JEFFREY V. GIBNEY EXECUTIVE DIRECTOR Division of Community Development Property Address: 909 Sancome Ave Property Owners: CCloria Sharn 282-2858 Tues -Fri Mornings 288-0067 After 2.30 Date: December 1, 2010 Inspector: Jeff Young Program: Home Renair& Improvement Program Bid EXTERIOR/INTERIOR: ElectT~ical: 1. Update existing 100 amp. electrical service ,including replacement of deteriorated entrance cable, grounding equipment, and new wiring to code. Install the appropriate number of receptacles, lighting f;_~.~tures, and switches in all rooms, along with GFE~'I receptacles and smoke detectors where required. Repair all electrical violations .including exposed junction boxes, wiring splices, faulty or outdated wiring, and missing cover plates Renair subsequent damage to all walls ceiling and siding surfaces repairs are to match existin texture, materials. and finish NOTE: All wiring shall be placed in walls or ceiling unless approved by the Division of Community Development f7 r~ ~ (~1%a ~' , 1 r o ~ ~ar~.~ ~- ~~,Y~~~f` _ 1 $ ` ~ TOTAL Com an Nam ~~~~ ~~' _~ ~ P Y e. •-f~L _ Date. jZ l'~ ! i/ PHONE 574/235-9371 Fax 574!235-9021 TDD 5741235-5567 COMMUNITY DEVELOPMENT PAA1ELl C. MEYER 574!235-9660 FAK: 574/235-9697 ECONOMIC DEVELOPMENT DONALD E. INKS 574!235-9371 FINANCIAL St PROGRAM MANAGF~i[M' CLIZABETH LEONARD 574/135.9371 12/16!2010 10:23 5742873793 GNOTH AND NARAGON PAGE 03/04 J 200 COUNTY-C:~Tr $UILDtNi, 227 W. JEFFERSON HOULEVARU SovrH BeI~A, [NniAn~q 4GG01-1830 Paao;~~ 5741 235-937a FaY 574! 235-9021 TDD 574! 235-55G7 CITY OF SVUTH BENIJ S'I'~'!"1-{PN j. L[7pCJCE, MAYOR COMMUNITY ~ EC{~NC)MIC DEVELOPMENT ~EFFR.EY V GIBNEY FXF«fTiVE p7AbCTUR Divisiaa of ~ommumity Development Property Address: 909 Santa a Ave Property Owners: Gloria Sham 282-2858 Tue~-Fri. Mornings 288-0067 Afrer 2.30 Date: Dec~~ber 1, 2010 Inspector: ~e YOUnQ , y r ~`~~ Program: ~Q~e Repair& a+~vement Proprarn 1`1 ~O Bid S ec><ficati.ons Furnace: (See Attached 1l~inimum Bid Specifzcatio~) 1. ~ Z 5S'>l 33 Install new xnixtimum 95% a rcient gas fired forced air furnace and 13 seer central air conditionin u it appropriately sized fox homes heating requirements. Installation to include zzeeded new wiring, Ener~y~ar Rated setback hexmostat or approves equal, duct work, condensing unit, cozl, refrigerant lines, condensa.ri~^ evacuation ~1=y, PVC exhaust duct arxd exterior combustion air intake, and carbon xzxazkoxide detector to efficiently heat arad cool the harne. Contractor shall check supply and retuxzt duct work fox blockage or restrictions, and be responsible for proper operation and or replacement if needed; ail supply du J2~~ts are to be seal d X4 prevent air leaks. Installation shall confoxzxa to Local codes. ;Remove and haul away old furnace, duct work, and debris. Plurnbsng: 2. ~ .z da = aaRemove existing electric water heater. azkd haul from site. Install new X10 gallozl power Direct Vent gas water heater with minimuzz~ 6 year manufactures warranty, installation is to include PVC side wall vent pipe. Water heater shall ineiude new shut off valves on hot and cold water lines, pressure relief valve aztd copper or galvanized drain pipe installed withzn bC~ of concrete floor. Installatiozz shall include all hardware and needed electrical circuitry fox proper installation and function. Replace or repair all needed #'zttxzxgs, pipe, supply, aaad xeturn lines $5~''i`~~~. 33 TOTAL Company Name: t7 /l4~ "t ~ ~ ~Q~Y1 Date: l,~-~ I ~ - t ~ GJMMUNITY DbVtiU71'MfSNI' ECANOMiC DEVEWBM£hT FINANCULL 8C t~ROGRAM PAMELA C. MEYFA DONALD ~. (N KE LIINVACiF1~1C1YT 5741235-9GG0 574l~35-9371 >rLIZA9HTH LFGNARI) FAR: 571!235-9G97 S>4l23S-9377 AGREEMENT FOR SUPERVISION OF REAL PROPERTY REHABILITATION This Agreement is entered into by and between the City of South Bend Redevelopment Commission and Gloria E. Sharp Owner ,residing at 909 Sancome Avenue, South Bend, IN 46628. 1. Owner has entered into an agreement with City of South Bend- Redevelopment Commission dated January 21, 2011 for a Home Improvement Loan in the amount of Five Thousand Seven Hundred 8v 00/ 100 ($5,700.OOLto be used for the sole purpose of rehabilitating the premises commonly known as 909 Sancome Avenue, South Bend, IN, 46628 and more full described as: Lot 18 So Bend Apt Bldg Cori 2. Owner has entered into an Agreement for Rehabilitation of Real Property dated with Garman Electric 8v Gnoth Naragon (Contractor) for the rehabilitation of said premise. 3. Owner 8s 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 Sa 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 21st day of January, 2011. OWNER City of South Bend -Redevelopment Commission Gloria E. Sharp STATE OF INDIANA ) SS: ST. JOSEPH COUNTY ) Before me a Notary Public, personally appeared and acknowledge execution of the foregoing agreement this 21st day of January, 2011. 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 Gloria E. Sharp and acknowledge execution of the foregoing agreement this day of , 2011. Kaye Trowbridge -Notary Public Residing in St. Joseph County, Indiana My Commission Expires: February 6, 2016