HomeMy WebLinkAboutEssential Single Family Rehabilitation Loan Pool (5) homes in Harnett County -- ' Agenda Item 9 a Gs
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Agenda Item
Cjl t ek. MEETING DATE: October 17, 2016
TO: HARNETT COUNTY BOARD OF COMMISSIONERS
SUBJECT: Project Ordinance - Essential Single Family Rehabilitation Loan Pool
REQUESTED BY: Barry A. Blevins, General Services
REQUEST:
Community Development request the Board of Commissioners consider and approve a
project ordinance for the funding of the Essential Single Family Rehabilitation Loan Pool
(ESDFRLPI6) project that utilizies North Carolina Housing Finance monies to fund the
home rehabilitation of at least five (5) homes within Harnett County. The program
encourages the comprehensive rehabilitation of single-family housing units owned and
occupied by very low and low-income homeowners with one or more elderly, disabled and/or
veteran fulltime household members, or with a child under the age of 6 whose health is
threatened by the presensce of lead-based paint hazards. No local match is required.
FINANCE OFFICER'S RECOMMENDATION:
COUNTY MANAGER'S RECOMMENDATION:
\\hcfilel\GSUsers\apeele\My Documents\Community•Development\agendaform2016-ESFRI6.doc Page
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COUNTY OF HARNETT
CAPITAL PROJECT ORDINANCE
ESSENTIAL SINGLE FAMILY REHABILITATION 2016 LOAN POOL
BE IT ORDAINED, by the Board of Commissioners of the County of Harnett, North
• Carolina, sitting as the governing board for Harnett County, that, pursuant to Section 13.2 of the
Chapter 159 of the General Statutes of North Carolina, the following capital project ordinance is
hereby adopted:
Section 1. The project authorized is the execution of the Essential Single Family Rehabilitation
2016 Loan Pool (ESFRLPI6). The ESFRLPI6 project deliverables will be the home
rehabilitation of at least five homes whose owners meet certain age, income and needs as
described in the approved ESFRLPI6 Assistance Policy.
Section 2. The officers of this unit are hereby directed to proceed with the capital project within
the terms of the grant documents, loan documents, and the budget contained herein.
Section 3. $175,000 has be appropriated for the project: For internal reporting the following
breakdown is proposed:
Construction Hard Costs $125,000
Administration Soft Costs $ 50,000
Total $175,000
In accordance with section 4 of the County Budget Ordinance, the Finance Officer and County
Manager is hereby authorized to approved the transfer of appropriations between expenditure
line items in the project with the exceptions that change orders affecting engineering and
construction may not exceed 5% (cumulative) of the project total without prior approval of the
Board. Change orders within the 5% limitation will be presented to the Board at the next regular
meeting of the Board of Commissioners as in accordance with G.S. 159-15.
Section 4. The following revenues are anticipated to be available to complete this project:
Grant—NC Housing Finance S 175,000
Section 5. The Finance Officer is hereby directed to maintain within the Capital Project Fund
sufficient specific detailed accounting records to satisfy the requirements of the grantor agency,
the grant agreements, and federal regulations.
Section 6. Funds may be advanced from the General Fund for the purpose of making payments
as due. Reimbursement requests should be made to the grantor agency in an orderly and timely
manner.
Section 7. The Finance Officer is directed to report, on a quarterly basis, on the financial status
of each project element in Section 3 and on the total grant revenues received or claimed.
Section 8. The Budget Officer is directed to include a detailed analysis of past and future costs
and revenues on the capital project in every budget submission made to this Board.
Section 9. Copies of this capital project ordinance shall be furnished to the Clerk of the Board of
Commissioners, and the Budget Officer and the Finance Officer for direction in carrying out this
project. bap
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Adopted this I1]*day of bol pev , 2016
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°MMi-s'� Harnett County Board of Commissioners
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