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Budget/Finance 1.
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| Community Redevelopment Agency |
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| RECOMMENDATION: |
Recommendation Concerning Residential Rehab Grant Program Funding and Lien Agreements – Tonya Gant, Neighborhood & Human Services Department Director
That the Board take the following action concerning the Residential Rehab Grant Program Funding and Lien Agreements:
A. Approve the following five Residential Rehab Grant Program Funding and Lien Agreements:
1 . The Agreements between Escambia County CRA and John K. Little and Mei Hung Chu, owners of residential property located at 205 Aster Street, Barrancas Redevelopment District, each in the amount of $3,866 representing an in-kind match through the Barrancas Tax Increment Financing (TIF), Fund 151, Cost Center 370116, Object Code 58301, for installation of new windows;
2. The Agreements between Escambia County CRA and Mary L. Broughton, owner of residential property located at 839 Lucerne Avenue, Palafox Redevelopment District, each in the amount of $4,210 representing an in-kind match through the Palafox Tax Increment Financing (TIF), Fund 151, Cost Center 370115, Object Code 58301, install a new roof;
3. The Agreements between Escambia County CRA and Paul C. & Sabine M. Barrett, owners of residential property located at 203 Edgewater Drive, Warrington Redevelopment District, each in the amount of $4,345 representing an in-kind match through the Warrington Tax Increment Financing (TIF), Fund 151, Cost Center 370114 , Object Code 58301, install new windows;
4. The Agreements between Escambia County CRA and Frances J. Walsh, owner of residential property located at 110 Jardine Road A & B, Warrington Redevelopment District, each in the amount of $5,732 representing an in-kind match through the Warrington Tax Increment Financing (TIF), Fund 151, Cost Center 370114, Object Code 58301, electrical rewiring and install central heating and air conditioning system;
5. The Agreements between Escambia County CRA and Tonja L. Holland, owner of residential property located at 923 Fremont Avenue, Palafox Redevelopment District, each in the amount of $1,050, representing an in-kind match through the Palafox Tax Increment Financing (TIF), Fund, Cost Center 370115, Object Code 58301, install a new roof; and
B. Authorize the Chairman to sign the Funding and Lien Agreements and any related documents necessary to implement the Grant awards.
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| BACKGROUND: |
| The intent of the matching Grant program is to promote private investment which will upgrade the appearance, property values, and economic activity for commercial and residential properties within the designated CRA areas. A rendering of each project is attached. |
| BUDGETARY IMPACT: |
Funding for the Grants will be provided as follows:
1. John K. Little and Mei Hung Chu, Barrancas TIF, Cost Center 370116, in the amount of $3,866
2. Mary L. Broughton, Palafox TIF, Cost Center 370115, in the amount of $4,210
3. Paul C. and Sabine M. Barrett, Warrington TIF, Cost Center 370114, in the amount of $4,345
4. Frances J. Walsh, Warrington TIF, Cost Center 370114, in the amount of $5,732
5. Tonja L. Holland, Palafox TIF, Cost Center 370115, in the amount of $1,050
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| LEGAL CONSIDERATIONS/SIGN-OFF: |
The Funding and Lien Agreements were reviewed and approved as to form and legal sufficiency by the County Attorney's Office.
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| PERSONNEL: |
Neighborhood & Human Services/Community Redevelopment Agency (NHS/CRA) staff will handle this Grant award.
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| POLICY/REQUIREMENT FOR BOARD ACTION: |
| Board approval is required for disbursement of funds to all private individuals or outside agencies. |
| IMPLEMENTATION/COORDINATION: |
| NHS/CRA staff, in coordination with the property owner, handles all implementation tasks. NHS/CRA staff will monitor the work in progress and will be responsible for compiling the necessary documentation prior to the Grant award. |
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