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or other parcels within the defined geographic area. City Staff will provide a list <br /> and corresponding map from which tax foreclosure City receivership parcels may <br /> be reviewed. The Applicant may submit an application for this program <br /> concurrently with an application for a building permit(s). If the Applicant for the <br /> building permit is not the owner of the real estate and does not make application <br /> for an agreement on behalf of the owner of the real estate and does not make <br /> application for an Agreement on behalf of the owner, the City Staff shall notify the <br /> owner (according to the most current records of the Lamar County Appraisal <br /> District) by certified mail, return receipt requested, that the application must be <br /> signed and filed with the City within ten (10) business days of receipt of the <br /> affidavit of ownership notice. <br /> B. A pre-approval letter must be attached to the application from Applicant's <br /> financial institution stating that the Applicant will have financial capital available <br /> to compete all new dwelling unit construction under the five (5) year Agreement '�, <br /> with the City. Verification of such financial capability may be reviewed over the <br /> course of the Agreement. <br /> C. If the building permit applicant does not apply for an Agreement prior the time the <br /> building permit is issued, or if the owner fails to respond to the written notice <br /> availability of the Agreement, this policy shall be considered waived by the <br /> applicant andlor owner. City Staff shall make a record to reflect owner's election <br /> not to participate in the Program or to document that owner did not respond to <br /> City's notice of opportunity to participate in the program. The refusal or waiver to <br /> participate in the progam by the building permit applicant or owner shall be <br /> binding on subsequent owners of the real property. <br /> D. A complete legal description shall be provided with a copy of the current deed of <br /> the land, unless the parcel(s) are being transferred by tax resale deed by the City <br /> of Paris. <br /> E. Applicant shall complete all forms and information detailed above and submit all <br /> forms to the City of Paris Director of Planning and Community Development. <br /> 2. All information in the application package detailed above wil] be reviewed for <br /> completeness and accuracy. Additional information may be requested as needed. If <br /> necessary, Applicant will meet with City Staff to discuss details of the application and to <br /> prepare presentation of the application to the City Council. <br /> 3. The application shall designate whether the dwellings(s)to be constructed are to be retained <br /> for ownership, or sold to another owner upon completion of construction. Applicant shall <br /> also provide an estimate of the value of improvements as required for building permit <br /> application. <br /> 4. lf an application for the 5 In 5 Housing In-Fill Development Agreement is to be <br /> recommended for approval by staff, then an Agreement as defined herein with the City of <br /> Paris as prepared by the City Attorney for approval by the City Council. <br /> Page 5 of 7 <br />