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TO: Mayor Thomas J. Weisner
FROM: Daniel Barreiro, Chief Community Services Officer
DATE: April 21, 2016
SUBJECT:
Resolution Authorizing the Mayor to Execute a Service Agreement and All Other Necessary Documentation Between the City of Aurora and Fox Valley Habitat for Humanity Under Illinois Housing and Development Authority (IHDA) Blight Reduction Program, Round 1 and Authorizing the Disposition of Real Estate Property known as 823 Gillette Avenue, Aurora, Illinois and Real Estate Property known as 1126 S. Fourth Street, Aurora Illinois to Fox Valley Habitat for Humanity (FVHFH).
PURPOSE:
Essentially, the Blight Reduction Program provides funding to cover costs related to property acquisition, demolition, and greening of eight City identified blighted properties. Under this Program, the City is required to transfer title of the blighted properties to FVHFH and in turn, FVHFH will demolish and redevelop the properties.
IHDA's Blight Reduction Program Guidelines require that a Services Agreement be established between the City and FVHFH to identify roles and responsibilities (see Attached Exhibit A). Such identified responsibilities include the City's role in acquisition, disposition, demolition, and greening and FVHFH's administrative and maintenance responsibilities throughout the Program's compliance period. The Services Agreement also identifies the reimbursement procedures for program costs. FVHFH is responsible for the demolition post-title transfer, FVHFH may elect to have the City perform the demolition and greening responsibilities, and FVHFH has opted to utilize the City to perform the demolition. The City will provide initial funds for acquisition, demolition, and greening cots. In turn and following the completion of the demolition and greening of a property, the Services Agreement states that the FVHFH will seek reimbursement on behalf of the City for the City's acquisition, demolition and greening costs in an amount not to ...
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