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HomeMy WebLinkAboutORD 92-16 ORDINANCE NO. 9.-1-16 ENTITLED AN ORDINANCE AMENDING CHAPTER 14, ARTICLE V OF THE CODE OF ORDINANCES OF THE CITY OF BEAUMONT TO AMEND THE CITY'S OWNER OCCUPIED HOUSING REHABILITATION PROGRAM; PROVIDING FOR SEVERABILITY; AND PROVIDING A REPEAL. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: Section 1. That Chapter 14, Sections 71, 72, 73, 74, 79, 80 and 81 be, and the same are hereby amended to read as follows: Sec. 14-71. Definitions. The following words and terms when used in this article shall, for the purpose of this article, have the following meanings: Dwelling unit. A house, apartment, room or group of rooms occupied or intended for occupancy as separate living quarters. Rehabilitation, residential. The restoration of deteriorated structures to standard housing codes as established by law, including repair, renovation, conversion or remodeling of any structure with energy conservation material and/or devices. Deferred loans. The monies provided for rehabilitation of owner occupied dwelling units to be forgiven at a rate of (one sixtieth) 1/60th of the total loan per month for a period of five (5) years. Sec. 14-72. Agency created. There is hereby created a Rehabilitation Board of adjustments and appeals of the City of Beaumont which shall be under the direction of the city manager or his designee. The board shall be composed of seven (7) members selected from the community at large. The board shall be appointed by the city council and each member shall serve a term of two (2) years without compensation. D--9a-/-/- a--«'-9a Sec. 14-73. Rehabilitation deferred loans to qualified persons. Housing Services shall make deferred loans to qualified persons for the rehabilitation of dwelling units. Deferred loans shall also be made for investor-owned residential property. Sec. 14-74. Same - Derivation of fund. There is hereby created a rehabilitation deferred loan fund, to be funded with Department of Housing and Urban Development funds, to make deferred loans to owners of dwelling units in project areas who are unable to secure or qualify for funds from conventional sources for the purpose of refinancing or rehabilitating such property to standard housing code requirements. Sec. 14-79. Rules and regulations for administration of the rehabilitation board of adjustments and appeals. The board shall promulgate operating rules and regulations as set forth in the rules governing the administration of said board, complete and current copies of which shall be maintained on file in the office of the city clerk. Sec. 14-80. Promissory note, lien as evidence and security of loan. Rehabilitation deferred loans shall be evidenced by a promissory note in favor of the City of Beaumont and either a mechanic's and materialmen's lien or by a properly executed real estate lien note and deed of trust for a period of time not to exceed a period of five (5) years. Deferred loans shall be forgiven at the rate of one sixtieth (1/60th) of the total loan per month for a period of five (5) years at which time lien shall be released. If property is sold prior to the five (5) years the owner shall reimburse the program, the remaining payments based on the sixty (60) months amortization. The obligation to reimburse the loan funds should the property be sold prior to five (5) years after the commencement of the loan shall remain an obligation of the heirs of a deceased deferred loan holder. Sec. 14-81. Loan delinquency. The city shall have the authority to collect delinquent loans through any reasonable means permitted by law, including foreclosure and sale, upon the direction of the city manager. Section 2. That if any section, subsection, sentence, clause or phrase of this ordinance, or the application of same to a particular set of persons or circumstances should for any reason be held to be invalid, such invalidity shall not affect the remaining portions of this ordinance, and to such end the various portions and provisions of this ordinance are declared to be severable. Section 3. That all ordinances or parts of ordinances in conflict herewith are repealed to the extent of the conflict only. PASSED BY THE CITY COUNCIL of the City of Beaumont this the ,( ,day of 1992. Mayor -