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07-D Owner Occupied Program
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August 13, 2001
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07-D Owner Occupied Program
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Last modified
11/8/2005 11:24:04 AM
Creation date
8/9/2001 7:16:57 PM
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Template:
AGENDA
Item Number
7-D
AGENDA - Type
RESOLUTION
Description
Owner Occupied Program Guidelines
AGENDA - Date
8/13/2001
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CHAPTER 5 <br /> <br />TERMS AND CONDITIONS UNDERWHICH LOANS ARE MADE <br />5.1 Rehabilitation/Reconstruction Conditions <br /> <br />The specific terms and conditions with respect to a rehabilitation/replacement loan are <br />incorporated into the application. The applicant shall agree, and by signing does agree to: <br /> <br />Civil Rights: <br />Comply with all DHISD requirements with respect to Title VI of the Civil Rights Act of <br />1964, to not discriminate on the basis of Color, Religion, Handicap, Familial Status or <br />National Origin. <br /> <br />Cancellation of Loan: <br />Return of the grant proceeds with no right, interest, or claim in the proceeds, if the loan is <br />canceled before the rehabilitation/replacement work is started. <br /> <br />Use of Proceeds: <br />Use of loan proceeds only to pay for costs ofmateriais and services necessary to carry out <br />the rehabilitation/replacement work for which the loan will he approved. <br /> <br />Completion of Work: <br />Assure the rehabilitation/replacement work shall be carried out promptly and efficiently <br />through written contract but with the prior concurrence of the Program Governing Body. <br /> <br />Ineligible Contractors: <br />Not award any contract for construction to be paid for in whole or in part with the <br />proceeds of the loan to any contractor appearing on the federal debarment list. <br /> <br /> Inspection: <br />Inspection by the City or it's designee of the property, the construction work and all <br />contracts, materials, equipment, payrolls, and conditions pertaining to the work. <br /> <br />11 <br /> <br /> <br />
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