1997-137-RES WHEREAS, CITY COUNCIL DID HERETOFORE ON THE 14TH DAY OF APRIL 1997

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EXHIBIT A PERFORMANCE STATEMENT City of Paris Contractor shall carry out the following activities in the target area identified on the map in its 1997 Housing Rehabilitation Fund application. Contractor shall ensure that the amount of funds expended for each activity described herein does not exceed the amount specified for such activity in Exhibit B, Budget. Rehabilitation of Private Properties Contractor shall use a five -year forgivable loan program to rehabilitate a minimum of fifteen (15) owner - occupied units at an average cost of approximately Fifteen Thousand and No /100 Dollars ($15,000) per housing unit for construction costs and approximately One Thousand Four Hundred Sixty -seven and No /100 Dollars ($1,467) per housing unit for soft costs, for a total average cost of Sixteen Thousand Four Hundred Sixty -seven and No /100 Dollars ($16,467) per housing unit. TCDP and local funds shall be utilized for this part of the project. In addition, Three Thousand Eight Hundred and No /100 Dollars ($3,800) per unit in weatherization repairs shall be provided by Community Council, Inc. All units, including units rehabilitated for handicap accessibility, must be brought up to HUD Section 8 Existing Housing Quality Standards in their entirety and cannot be limited to only the provisions of handicapped accessibility items. Sixty-seven percent (67 %) of the units or ten (10) units shall be designated for households with persons with disabilities, and thirty -three percent (33 %) or five (5) units shall be designated for elderly residents. The entire city of Paris shall be the target area. Contractor shall prepare written housing rehabilitation assistance guidelines as required in Section 22.E. of this contract, and shall ensure that each housing unit is brought up to HUD Section 8 Existing Housing Quality Standards and the Standard Building Code. These standards shall be utilized to determine the level of assistance provided to each rehabilitated unit. In addition, Contractor shall submit the first three (3) work write -ups to the Department for review and approval before any bids can be advertised. These activities shall benefit thirty -three (33) persons, of which thirty -three (33) or one hundred percent (100 %) are of low to moderate income. Administration Contractor shall assume responsibility for all eligible project - related administration activities, including the required annual program compliance and fiscal audit. Page 1 of 1