05-G Homestead Program Res 2 - Laserfiche WebLink

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residential houses, thereby alleviating community blight, removing said property from the group of properties maintained by the City, enhancing the tax base for all Taxing Entities by constructing new single family residential homes, and generally improving the health, safety, and welfare of the citizens of the City of Paris. Section 4. That the City shall contract with the Non-Profit Entities for participation in said program. As a minimum, said contract shall include the following terms and conditions: a. As Lots become available to the City through the City's Contract with the Taxing Entities, those Lots shall be placed in a pool. b. Periodically, the City shall notify the Non-Profit Entities as to the location of the Lots. Within sixty (60) days following said notification, Paris Living shall notify the City and Paris Habitat for Humanity in writing as to the Lot or Lots it desires to utilize in its program of construction of new single family residential housing. c. Within thirty (30) days following receipt of said notification by the City, Paris Habitat for Humanity shall notify the City and Paris Living in writing as to any Lot or Lots it desires to utilize in its construction of new single family residential homes. d. Each respective Non-Profit Entity shall agree to begin active construction of new single family residential structures on the Lot or Lots so designated within twelve (12) months of their designation to the City; otherwise those Lots on which construction has not been initiated shall return to the pool of Lots maintained by the City. Each respective Non-Profit Entity may voluntarily return any lot previously designated to the City's pool of Lots by so notifying the City in writing of its request to do so. e. Precedent to initiation of construction of a single family residential structure on a Lot, the Non-Profit Entity shall be responsible for obtaining detailed title information from a reputable title company regarding the title status of the designated Lots, and shall at least fourteen (14) days in advance of the anticipated date to begin construction on said Lot, provide such information to the City. Based on said title information, the City shall assess the quality of title it may approve for said Lot or Lots, and shall as Trustee on behalf of the Taxing Entities convey to the Non-Profit Entity by title deed, up to a special warranty deed, the interests of the Taxing Entities in the property. f. For the period of time during which a Lot or Lots are designated for use by a Non-Profit Entity, that Non-Profit Entity shall be solely responsible for the maintenance of each Lot, including mowing, cleaning, etc. in conformance with all applicable City ordinances. g. All construction of new homes shall comply with all applicable City codes and ordinances, including but not limited to the City Building Code, Plumbing Code, Electrical Code, Fire Code, Historical Preservation Ordinance, and Zoning Ordinance. -4-