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2006-349 RESOLUTION NO. 2006-349 RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS FROM THE HOME INVESTMENT PARTNERSHIP INITIATIVES (HOME) PROGRAM TO PAY ACQUISITION AND REHABILITATION COSTS FOR THE YWCA TRANSITIONAL LIVING PROGRAM AT JEFFRIS FLATS WHEREAS, the City of Janesville and the Young Women's Christian Association (YWCA) of Rock County formed a partnership in the early 1990's to provide transitional housing and support services for victims of domestic violence; and WHEREAS, Heartland Properties, Inc. acquired and rehabilitated the buildings at 318- 320 W. Dodge Street, Janesville, Wisconsin (Jeffis Flats) for the purpose of providing transitional housing for victims of domestic violence; and WHEREAS, Heartland Properties, Inc. and the YWCA of Rock County entered into a Property Management Agreement whereby the YWCA agreed to manage the Jeffris Flats and provide support services to victims of domestic violence; and WHEREAS, Heartland Properties, Inc. desires to sell their ownership interest in the Jeffris Flats and the YWCA desires to purchase the ownership interest of Heartland Properties, Inc.; and WHEREAS, certain repairs and improvements are necessary to the Jeffris Flats in order to physically disconnect the building from an adjoining property which is going to be demolished and which shares a common wall; and WHERAS, the YWCA has determined that other repairs and improvements to the Jeffris Flats are necessary and desirable to maintain the property in a safe and standard condition; and WHEREAS, the YWCA of Rock County has requested assistance from the City of Janesville in the amount of $75,000 to acquire and rehabilitate the Jeffris Flats; and WHEREAS, the Community Development Authority (CDA) reviewed this request at their meeting on October 18, 2006, and recommends such assistance be in the form of a forgivable loan over ten (10) years as long as the facility continues to be owned by the YWCA of Rock County and used for a transitional housing program for victims of domestic violence; and WHEREAS, the Common Council finds that it is in the community's best interest to provide such assistance to the YWCA of Rock County; NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville, that it hereby authorizes the expenditure of up to $75,000 from the HOME Investment Partnership Initiatives (HOME) program to pay for property acquisition, rehabilitation, and related costs for the continuation of a transitional housing program at the Jeffris Flats; and BE IT FURTHER RESOLVED, that the City Manager, and his designees, are hereby authorized to increase the maximum expenditure from the HOME program to $100,000 if the costs to separate the Jeffris Flats from the adjoining property exceed $25,000 and if the additional funds are determined by the City Manager, or his designee, to be necessary or desirable to complete the rehabilitation of the Jeffris Flats; and Resolution No. 2006-349 Page 2 BE IT FURTHER RESOLVED, that the City Manager, and his designees, are hereby authorized to negotiate, draft, prepare, execute, file and modify such other documents, papers and agreements ancillary and/or pertaining thereto and, from time to time, to take and/or make whatever other minor actions and/or minor modifications to the above described agreements as the City Manager and/or his designee may deem necessary and/or desirable to effectuate the purposes of such agreements and the intent of this resolution. APPROVED: ~ r;Jf¿ Æ Stêven E. Sheiffer, City tftnager Motion by: Williams Second by: Wellnitz Tom Councilmember Aye Nay Pass Absent Brien X Wellnitz, Tom X Williams X Brunner X Wellnitz, Tim X DeGarmo X Addie X ADOPTED: November 13, 2006 ATTEST: APPROVED AS TO~ Ødl ~ City Attorney Proposed by: Neighborhood Services Prepared by: Neighborhood Services Director