HomeMy WebLinkAboutCity Council Resolution 1991-546CITY OF PLYMOUTH
RESOLUTION 91-S46
APPROVING POLICY REGARDING HOUSING REHABILITATION GRANT/LOAN PROGRAM -
APPLICANTS WHO ARE REQUESTIMG SECOND GRANT/LOAN
WHEREAS, the City of Plymouth through its Housing and Redevelopment Authority
administers a Housing Rehabilitation Grant Program; and,
WHEREAS, the Board of Commissioners of the Housing and Redevelopment Authority
has recommended specific policy be established regarding multiple grants to an
individual property owner.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that it should and hereby does approve a policy regarding
multiple housing rehabilitation grants as follows:
1. Staff is to determine that there are sufficient funds within the
current allocation to meet both projected demands and estimated needs
of current first time grant applicants in process.
2. There be a minimum of five years from the closeout date of the
previous grant and the new grant application. However, if a major
mechanical system such as the furnace, electrical circuits, plumbing
system to include septic system, be rendered inoperable or constitute
a health, safety, and welfare problem due to a act of God or other
circumstance beyond the homeowner's control, the five year waiting
period may be waived.
3. At no time shall the total amount of all grants yet to be repaid be
greater than either one-half the value of the structure or $20,000
whichever is smaller.
Adopted by the City Council on September 16, 1991.
(res/hra/poIicy: jw)