Minutes 02/26/2013 - Laserfiche WebLink

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February 26, 2013 Discussion: • If this project is not completed, the City will be obligated to repay the $127,899.66 in NSP funds. • There is already a qualified buyer ready and willing to purchase this property. Rehabilitation and property transfer can be completed quickly and allow the City to closeout this project without having to repay these NSP funds. • Unlike the HOME program issues with which we have previously been involved, there is not an alternative repayment option available. • Funds will only be spent to reimburse Habitat for Humanity for payments necessary in order to get clear title to the property and for no other purpose. The current known judgments and tax liens total approximately $42,000. The additional appropriation is for contingency purposes such as any accrued interest on the liens that must be satisfied. Funds will not be spent if not needed. • No monies are being paid to CCDI. Financial Impact • The total cost of this action will not exceed $60,000. • Adoption of the ordinance will prevent the City from repaying $127,899.66 in federal funds. Recommended Action: • Adoption of the ordinance. Vision Principle: Neighborhoods and a Sense of Community. Next Steps Following Council Action: • Funds will be disbursed to Habitat for Humanity and the project completed. All required closeout documents will be completed. Motion by Ms. Psimas, and seconded by Mr. Edmonds, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE TO APPROPRIATE $127,900 IN THE FY 2012-13 GENERAL FUND FORA CONTRIBUTION TO HABITAT FOR HUMANITY VIRGINIA, INC., TO ENABLE THE ACQUISITION OF 2520 LANSING AVENUE BY THAT ORGANIZATION." Ayes: Cherry, Edmonds, Meeks, Moody, Psimas, Randall, Wright Nays: None - New Business - 13 - 91 -Boards and Commissions There were no appointments. 13 - 92 -Items Submitted by Council Members - Mayor Wright provided updates on the following: - Ms. Campbell, Portsmouth Christian Academy, and her 3rd grade class visit to the Mayor's Office. - Gwendolyn Watkins, Principal, Parkview Elementary, and the Celebrity Reader Day. - Voiced disappointment with an article in the Virginian Pilot. - Vice Mayor Cherry informed citizens that City Council would be formally voting on the Diversity Study at the March 12, 2013 meeting. 13 - 93 -Report on Pending Items • Bernadette Hogge, Ombudsman, gave an update on items of concern presented by citizens at the February 12, 2013 City Council Meeting.