HomeMy WebLinkAbout6A (2)1200 COUNTY -CITY BUILDING
227 W JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601 -1830
� A (2-)
PHONE 574 /235 -9371
FAx 574/235 -9021
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY & ECONOMIC DEVELOPMENT
JEFFREY V. GIBNEY
EXECUTIVE DIRECTOR
August 9, 2011
To: Redevelopment Commissioners
From: Kaye Trowbridge, Community Development
RE: Type of Loan South Bend Home Improvement Program
Amount of Loan Request $3,300.00
Grant $3,132.00
Loan Client Patricia K. Metz
Property Street Address 710 S. 301h Street
Property City, State, Zip Code South Bend, IN 46615
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. 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 FINANCIAL & PROGRAM
f: \users \shy' #�O \transmit DONALD E. INKS MANAGEMENT
574/235-9371 ELIZABETH LEONARD
FAx: 574/235 -9469 574/235 -9371
1200 COUNTY -CITY BUILDING
227 W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601 -1830
PHONE 574/ 235 -9371
FAx 574/235 -9021
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY & ECONOMIC DEVELOPMENT
JEFFREY V. GIBNEY
EXECUTIVE DIRECTOR
Community Development
SOUTH BEND HOME IMPROVEMENT PROGRAM
Loan Application
Applicant's Name Patricia K. Metz 710 S. 301h Street
Name Address
South Bend, IN 46615 69
City /State /Zip Age
Co- Applicant's Name South Bend, IN
Name Address City /State /Zip
PLEASE NOTE: Hereafter Individual and joint applicants will be referred to as the "applicant ".
Age of Dependents: 44 _ _ _ _ Total Number of Dependents: l
PROJECTED LOAN TOTAL
1. Rehabilitation Cost
A. Amount for Construction Work $5,695.00
B. Unexpected Costs (10% of line 1A) $569.00
C. Title Report, Recording Fees
Credit Report, Legal Fees, etc. $146.00
D. Amount of Mortgages Being Refinanced
E. TOTAL (sum of lines I 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 1E Minus Line 2C
4. TOTAL AMOUNT OF APPLIED LOAN (line 3 rounded to the next highest $50)
Interest Rate Per Annum 0 %v Number of Months 48
Monthly Payments of Principal and Interest (Do not round)
Age of Structure Remaining Economic Life "As -Is" Value
TOTAL LOAN PAYMENTS
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)
Age
I E $6,410.00
$3,132.00
2C $3,132.00
3 $3,288.00
$3,300.00
"After Rehab" Value
$286.90
$45.00
$247.08
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL SL PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
574/235 -9660 574/235 -9371 ELIZABETH LEONARD
FAx: 574/235 -9469 574/235 -9371
$45.83
$2,837.04
578.98
$2,258.06
1200 COUNTY -Cm BUILDING
227W. JEFFERSON BOULEVARD
SOUTH BEND, INDIANA 46601 -1830
t,
JUL 2 4 2011
PHONE 574 /235 -9371
FAX 574/235 -9021
TDD 574/ 235 -5567
CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR
COMMUNITY & ECONOMIC DEVELOPMENT
JEFFREY V GIBNEY
EXECUTIVE DIRECTOR
Property Address: 710 S. 30`h St.
Property Owners: Patricia Metz 232 -5814
Date: July 20, 2011
Inspector: Jeff Young
Program: Home Repair& Improvement Program
Bid Specifications I
Roof
1 fs' 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 -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. 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 EPDM 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:
2 1 Furnish and install new white or brown (to match existing fascia & soffit).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 rigid
mounting flanges)
Plumbing:
3. Remove existing electric water heater and haul from site. Install new 40 gallon electric
water heater with minimum 10 year manufactures warranty Water heater shall include new shut off
valves on hot and cold water lines, pressure relief valve and copper or galvanized drain pipe installed
within 6" of concrete floor. Installation shall include all hardware and needed electrical circuitry for
proper installation and function. Replace or repair all needed fittings, pipe, supply, and return lines
Reset 4" cast iron stink pipe in basement area at iron to plastic transition, replace existing coupling
with a new Fernco flexable type coupling
$ _� b ! TOTAL
Company Name: Date:
COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL & PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
574/235 -9660 5741235 -9371 ELIZABETH LEONARD
FAX: 574/235 -9697 574/235 -9371
AGREEMENT FOR SUPERVISION OF REAL PROPERTY
REHABILITATION
This Agreement is entered into by and between the City of South Bend
Redevelopment Commission and Patricia K. Metz (Owner), residing at 710 S. 30th
Street, South Bend, IN 46615.
1. Owner has entered into an agreement with City of South Bend -
Redevelopment Commission dated August 9, 2011 for a Home Improvement Loan in
the amount of Three Thousand Three Hundred ($3, 300.00) to be used for the sole
purpose of rehabilitating the premises commonly known as 710 S. 30th Street, South
Bend, IN, 46615 and more full described as:
Lot 66 Ex 32 x 40 Ft Ne Cor Colonial Gardens
2. Owner has entered into an Agreement for Rehabilitation of Real Property
dated with Tri -M Construction (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 August, 2011.
OWNER
Patricia K. Metz
STATE OF INDIANA )
) SS:
ST. JOSEPH COUNTY )
City of South Bend
- Redevelopment Commission
Before me a Notary Public, personally appeared
and acknowledge execution of the foregoing agreement
this 9th day of August, 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 Patricia K. Metz 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