HomeMy WebLinkAboutRES 02-276 RESOLUTION NO. 02-276
BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BEAUMONT:
THAT the City Manager be and he is hereby authorized to amend the 1999, 2000, and
2001 contracts forthe Consolidated Block Grant Programs with the Beaumont Community
Housing Development Corporation (BCHDO) to allocate $57,500 from the 2001 HOME
Program CH DO Reserve for developer's fees for the completion of 23 new homes sold to
low/moderate income persons. Developer's fees for these contracts are calculated at
$2,500 per house as shown in Exhibit "A" attached hereto and made a part hereof for all
purposes.
BE IT FURTHER RESOLVED that the City Manager be and he is hereby authorized
to allocate $30,000 from the 2002 HOME Program CHDO Operating funds for eligible
operating costs.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 12th day of
November, 2002.
ayor Evelyn M. Lord -
Beaumont Community Housing Development Organization
Res #01-031 Res #02-266 Res #02-266
February 6, 2002 November 6, 2001 November 6, 2001
($266,200) ($245,000) ($171,500)
750 Florida $2,500 2065 011ie $2,500 5015 Kenneth $2,500
760 Florida $2,500 2075 011ie $2,500 5025 Kenneth $2,500
770 Florida $2,500 3710 Broussard $2,500 5035 Kenneth $2,500
780 Florida $2,500 3720 Broussard $2,500 5045 Kenneth $2,500
790 Florida $2,500 2620 Harriott $2,500 5055 Kenneth $2,500
1065 Ashley $2,500 5065 Kenneth $2,500
1075 Ashley $2,500 5075 Kenneth $2,500
1085 Ashley $2,500
1095 Ashley $2,500
1525 Milam $2,500
1545 Milam $2,500
Total $27,500 1 Total $12,500 Total $17,500
$2,500 Developers fee per home
23 Homes
Attachment
EXHIBIT "A"