Agenda

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Budget/Finance 1.

Community Redevelopment Agency

Meeting Date:	04/21/2016
Issue: Residential Rehab Grant Program Funding and Lien Agreements
From:	Tonya Gant
Department:	Neighborhood & Human Svcs
CAO Approval:

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 four Residential Rehab Grant Program Funding and Lien Agreements:

1 . The Agreements between Escambia County CRA and David W. Fichter, owner of residential property located at 9 Brandywine Road, Barrancas Redevelopment District, each in the amount of $3,299 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 Evan L. Jr. and Sheila J. Feltner, owners of residential property located at 6 Audusson Avenue, Barrancas Redevelopment District, each in the amount of $5,957 representing an in-kind match through the Barrancas Tax Increment Financing (TIF), Fund 151, Cost Center 370116, Object Code 58301, for window replacement, new roof installation & storm shutter installation;

3. The Agreements between Escambia County CRA and Dell Reynolds, owner of residential property located at 807 Montclair Road, Palafox Redevelopment District, each in the amount of $375 representing an in-kind match through the Palafox Tax Increment Financing (TIF), Fund 151, Cost Center 370115, Object Code 58301, for Electrical Rewiring;

4. The Agreements between Escambia County CRA and David and Carol Richtmyre, owners of residential property located at 403 Cary Memorial Drive, Palafox Redevelopment District, each in the amount of $6,000 representing an in-kind match through the Palafox Tax Increment Financing (TIF), Fund 151, Cost Center 370115, Object Code 58301, for installation of new windows, and central heating and air conditioning system; and

B. Authorize the Chairman to sign the Funding and Lien Agreements and any related documents necessary to implement the Grant awards.

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. David W. Fichter, Barrancas TIF, Cost Center 370116, in the amount of $3,299
2. Evan L. Jr. and Sheila J. Feltner, Barrancas TIF, Cost Center 370116, in the amount of $5,957
3. Dell A. Reynolds, Palafox TIF, Cost Center 370115, in the amount of $375
4. David and Carol Richtmyre, Palafox TIF, Cost Center 370115, in the amount of $6,000

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.

PERSONNEL:

Neighborhood & Human Services/Community Redevelopment Agency (NHS/CRA) staff will handle these Grant awards.

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.

Attachments
Agreements_Fichter-April2016
Agreements_Feltner-April2016
Agreements_Reynolds-April2016
Agreements_Richtmyre-April2016