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HomeMy WebLinkAbout1978-05-08 220 AF ORDER220 xF Introduced by Councilor Mcxernav,.May e, 1418 CITY OF BANGOR (TITLE.) (Orber............. approving Amendment to Community Developmept Program ,...... Rehabilitation By the City CoumH of the Oft ofBw .' ORDERED, THAT, WHIUMAS, the City Council of the City of Bangor approved aryl adopted a Ca®unity Development Frogran - Property Rehabilitation Loan Program on August 25, 1975; and W9ERFA9, the City of Bangor, in its applications for fonds under Title I of the focusing and Contaoity Development Act of 1974, requested and received mun as part of its Comity Development Program foods for the purpose of funding a property rehabilitation loan program; and WHEREAS, the City of Banger Cuomoity Development Progarem - property Rehabilitation Loan Program van developed to provide for the loaning of money to rehabilitate privately owned properties in community development program project areas; and ISH :RPAS, such Irsno are limited to the amount necessary to rese- bilitate property to the requinemeats of the Housing, Building, Electrical, Plumbing and Fire Provvection Coder of the City of Bangor and to the extent that the property, after rehabilitation, will be in generally good and readily maintainable condition with the necessary facilities in good worffing order; and WOREAS, the Iittitations on the amount of loans previously estsb- lisle d are overly restrictive in that an adequate amount of foods often cannot be provided to owners to finance the repairs necessary to brims their properties into compliance with the City's Codes; NOW TIEAEF➢RE, BY THE CITY COUNCIL OF THE CITY OF BANGOR, BE IT ORDERED, THAT: Paragraph F, Section I.e. of the C®malty Development Program - property Rehabilitation Igen Program be amended to read: $10,000 per dvelliug unit an residential or mixe&-bse structures which contain two Or more dwelling units. BE IT FURTHER ORDERED HY TIE CITY CCUHCIL THAT: Paragraph F, Section l.b. of the Comity Deve].oiment Program - Property Rehabilitatloa Iran Program be amended to reed: - $12,000 for a single fomily, owner occupied residential structure containing one dwelling unit. ORR ne DER In City CoupOl May 8,1978 _ _ Title, Passed Approving amendment to Community Devolopment Progtempiopeety ReliabSlltietlon Yoeii program City Clerk .... Introduced and filed by