09-22-14 Regular Meeting of La Porte City Council

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REQUEST FOR CITY COUNCIL AGENDA ITEMREQUEST FOR CITY COUNCIL AGENDA ITEM September 22, 2014September 22, 2014AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: N/A N/A Tim Tietjens Tim Tietjens Source of Funds:Source of Funds: Requested By: Account Number:Account Number: Planning & Development Planning & Development Department: Amount Budgeted:Amount Budgeted: Report:Resolution:Resolution:Ordinance:Ordinance: Amount Requested:Amount Requested: Other: Budgeted Item:Budgeted Item:YESYESNONO Attachments :Attachments : 1. Ordinance1. Ordinance 2. Second Amendment to Agreement2. Second Amendment to Agreement SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS The City has an agreement with Harris County Community Services Department to construct six singleThe City has an agreement with Harris County Community Services Department to construct six single--family family affordable homes in two phases of three homes each for the Cityaffordable homes in two phases of three homes each for the Citys Northside Neighborhood IV Project. s Northside Neighborhood IV Project. Phase I: In October 2013, Council approved the first amendment to the agreement, whereby Harris County (at Phase I: In October 2013, Council approved the first amendment to the agreement, whereby Harris County (at the Citys request) agreed to provide an additional $10,000 per unit over and above the funding already provided in s request) agreed to provide an additional $10,000 per unit over and above the funding already provided in their Down Payment Assistance Program, providing for a total of $24,200. With the Citytheir Down Payment Assistance Program, providing for a total of $24,200. With the Citys commitment of s commitment of $10,000 per unit, eligible buyers received $34,200 in down payment assistance. In March 2014, the City closed out $10,000 per unit, eligible buyers received $34,200 in down payment assistance. In March 2014, the City closed out Phase I of the project; Phase II is underway.Phase I of the project; Phase II is underway. Phase II: At the CityPhase II: At the Citys request, Harris County has agreed to provide eligible buyers with anywhere from $14,900 s request, Harris County has agreed to provide eligible buyers with anywhere from $14,900 to $35,000 (based upon the homebuyerto $35,000 (based upon the homebuyerto $35,000 (based upon the homebuyerto $35,000 (based upon the homebuyers need and other funding sources) in down payment assistance. This s need and other funding sources) in down payment assistance. This s need and other funding sources) in down payment assistance. This s need and other funding sources) in down payment assistance. This amount of down payment assistance significantly widens the very tight window of income maximums and the amount of down payment assistance significantly widens the very tight window of income maximums and the ability of the buyer to get a mortgage.ability of the buyer to get a mortgage. Additionally, the agreement is being amended to add a provision to the General Conditions for the Whistleblower Additionally, the agreement is being amended to add a provision to the General Conditions for the Whistleblower Protection Act.Protection Act. Action Required of Council:Action Required of Council: Consider approval or other action of an ordinance authorizing a second amendment to the agreement with Harris Consider approval or other action of an ordinance authorizing a second amendment to the agreement with Harris County for the Northside Neighborhood IV Project, Phase II, allowing for Harris County to provide up to $35,000 County for the Northside Neighborhood IV Project, Phase II, allowing for Harris County to provide up to $35,000 nd nd rdrd in financial assistance to eligible buyers for three homes to be located at 218 N. 2in financial assistance to eligible buyers for three homes to be located at 218 N. 2St., 520 N. 3St., 520 N. 3 St., and 524 N. St., and 524 N. rd 3 St. and adding a provision to the General Conditions for the Whistleblower Protection Act. St. and adding a provision to the General Conditions for the Whistleblower Protection Act.