CITY COMMISSION AGENDA ITEM

vertical_CityOfLawrence-7

 

Department:

Community Development (PDS)

Commission Meeting Date:  08/08/2017

Staff Contact:

Danelle Dresslar, Community Development Manager

Recommendations/Options/Action Requested:

 

Authorize the Mayor to sign a Release of Lien Agreement for Betty Childers, 307 Illinois Street.

 

Executive Summary:

Betty Childers, 1132 307 Illinois Street, participated in the Lawrence Community Housing Trust Program in 2006.

 

Based on the program the individual(s) participated in, a lien agreement, restricting the sale of the property to an income eligible person for a period of 10 years, was placed on the property.  The balance is due when the property is no longer owner-occupied, or sold prior to the defined period.  Staff has determined that the appropriate lien period has passed and that has resulted in a zero balance due to the City.

 

Staff has verified that the Lien Agreement provisions have been satisfied and that it is appropriate to release the Lien.

 

Strategic Plan Critical Success Factor

Safe, Healthy, and Welcoming Neighborhoods

 

Fiscal Impact (Amount/Source):

The fiscal impact to the City is $___0_____. 

 

This is a CDBG/HOME Mortgage Note repayment/reassignment that the City places back into the CDBG/HOME program for future allocation and use.

Attachments:

None.

 

 

Reviewed By:

(for CMO use only)

☐TM

☒DS

☐CT

☐BM