HomeMy WebLinkAboutResolution - 3024 - Designate LHFC As Local Urban Homestead Agency - 01/26/1989Resolution #3024
January 26, 1989
Item #16
RESOLUTION
WHEREAS, on February 11, 1988 the City Council of the
City of Lubbock authorized the filing of an Urban Homestead
Application on behalf of the City of Lubbock with the U.S.
Department of Housing and Urban Development; and
WHEREAS, the City Council of the City of Lubbock
designated the Lubbock Urban Renewal Board of Commissioners
as the Local Urban Homesteading Agency; and
WHEREAS, the Department of Housing and Urban Development
finds it more appropriate to have the Lubbock Housing Finance
Corporation act as the Local Urban Homesteading Agency; and
WHEREAS, the Department of Housing and Urban Development
requires an agreement between the Lubbock Housing Finance
Corporation and the City of Lubbock;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF LUBBOCK:
SECTION 1. THAT the Lubbock Housing Finance Corporation
be and is hereby designated as the Local Urban Homestead
Agency.
SECTION 2. THAT a Homestead Program Agreement between
the Lubbock Housing Finance Corporation and the City of
Lubbock be and is hereby authorized.
Passed by the City Council this 26th day of
January , 1989.
C
B. C. MCMrNN, MAYOR
ATTEST:
avvnn �r�
, -City
AS TO CONTENT:
Sandy Odletr0e, Community
Development Administrator
APPROVED AS TO FORM:
ames P. Brewster
Civil Trial Attorney
Resolution 43024
January 26, 1989
RESOLUTION
WHEREAS, on February 11, 1988 the City Council of the
City of Lubbock authorized the filing of an Urban Homestead
Application on behalf of the City of Lubbock with the U.S.
Department of Housing and Urban Development; and
WHEREAS, the City Council of the City of Lubbock
designated the Lubbock Urban Renewal Board of Commissioners
as the Local Urban Homesteading Agency; and
WHEREAS, the Department of Housing and Urban Development
finds it more appropriate to have the Lubbock Housing Finance
Corporation act as the Local Urban Homesteading Agency; and
WHEREAS,.the Department of Housing and Urban Development
requires an agreement between the Lubbock Housing Finance
Corporation and the City of Lubbock;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF LUBBOCK:
SECTION 1. THAT the Lubbock Housing Finance Corporation
be and is hereby designated as the Local Urban Homestead
Agency.
SECTION 2. THAT a Homestead Program Agreement between
the Lubbock Housing Finance Corporation and the City of
Lubbock be and is hereby authorized.
Passed by the City Council this 26th day of
January , 1989.
01
B. C. MC NN, MAYOR
Ranette 11 Boyd, City Secr
',.APPROVED AS TO CONTENT:
q
Sandy, Ooetr66, Community
Development Administrator
APPROVED AS TO FORM:
does P Brewster
evil Trial Attorney
STATE OF TEXAS §.
§
COUNTY OF LUBBOCK §
AGREEMENT
This agreement is entered into by and
Finance Corporation (hereinafter called the
and through its duly authorized President,
Home Rule Municipality of Lubbock County, T
"city";
Resolution #3024
between the Lubbock Housing
"Corporation"), acting by
and the City of Lubbock, a
exas hereinafter called
For and in consideration of the mutual covenants and agreements
contained herein, the parties hereto agree as follows:
1.
The parties mutually agree to cooperate in the implementation of
a Local Urban Homesteading Program ("program") under which eligible
individuals will receive single family residences which properties
must be rehabilitated and used as residences, pursuant to the Housing
and Community Development Act of 1974 and regulations of the United
States Department of Housing and Urban Development ("HUD").
2.
The parties agree to perform in compliance with the terms of the
Urban Homesteading Agreement.
3.
The Corporation agrees to accept title to properties eligible to
be conveyed under the program. It agrees to make these properties
available for conveyance and to convey these properties to eligible
individuals who qualify under the program as "homesteaders."
4.
Whether or not the transactions contemplated by this Agreement
and the Program are consummated, the City shall protect and indemnify
the Corporation, its directors, officers, agents and employees from
and against all liability, losses, damages, costs, expenses (including
attorneys' fees), taxes, causes of action, suits, claims, demands and
judgments of any nature of, from, by or on behalf of any person
arising in any manner from this Agreement or in connection with the
Program or the financing of the Program, including, without limiting
the generality of the foregoing, those arising from (i) any work done
in connection with, or the operation of the Program during the term of
this Agreement, (ii) any breach or default on the part of the City in
the performance of any of its obligations under this Agreement,
(iii) any violation of contract, agreement or restriction by the City
relating to the Program, or this Agreement, and (iv) any violation of
law, ordinance or regulation affecting the Program or any part thereof
or the ownership or occupancy or use or any property provided pursuant
to the Program.
5.
The City agrees to perform all administrative functions and to
carry out all program activities on behalf of the Corporation in
accordance with Urban Homesteading Agreement and the Program
Guidelines. The activities are more particularly described below:
1) Perform any and all activities related to selection of
eligible properties, including review of property lists,
preparation of rehabilitation cost estimates and preparation
of all communications and documents necessary to accept
conveyances of selected properties to the Corporation;
2) Provide security and maintenance of units conveyed to the
Corporation;
3) Advertise the program;
4) Perform all activities necessary for selection of
homesteaders, including the application process, verifying
information on applications and rejection and acceptance of
homesteader candidates based on the applications;
5) Perform all activities necessary to matching of homesteaders
with selected units;
6) Assist homesteaders in seeking property rehabilitation
financing;
7) Prepare all documents and participate in all activities
necessary for conveyance of property to homesteaders,
including the closing of transactions and subsequent legal
activities in relation thereto.
8) Monitor rehabilitation activities on each unit and perform
periodic inspections;
9) Monitor homesteader compliance with program guidelines and
conveyance documents and conditions;
10) Perform activities necessary to closeout of program.
6.
The City agrees to bear all costs incurred by the Corporation in
connection with entering into this Agreement and in connection with
the participation by the Corporation in the Program. Notwithstanding
anything in this Agreement to the contrary, nothing herein shall
require the Corporation to expend any of its funds in connection with
the performance by the Corporation of its duties under the Program or
the Urban Homesteading Agreement.
IN WITNESS WHEREOF.the parties hereto have made and entered into
this agreement this 26th day of January 1989 in
Lubbock, Texas.
APPROVED AS -TO -CONTENT:
D
Sandy OgyAtreC Community
Developm t Administrator
APPROVED AS TO FORM:
44Ves P. Brewster
vil Trial Attorney
LUBBOCK HOUSING FINANCE
CITY OF LUBBOCK
By:
B. C. Mc inn, Mayor