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HomeMy WebLinkAbout88-049RESOLUTION 88-49 THIS RESOLUTION DOES HEREBY ESTABLISH THE ADMINISTRATIVE PROCEDURE FOR THE USE OF COMMUNITY DEVELOPMENT BLOCK GRANT FUND FOR WHICH A SUM OF FIFTY FOUR THOUSAND SEVEN HUNDRED SIXTEEN DOLLARS ($54,716) WAS APPROPRIATED AS A SUPPLEMENT TO THE 1988 BUDGET FOR THE CITY OF PORT TOWNSEND. WHEREAS The City Council of The City of Port Townsend, upon review of the conditions of the sidewalks, municipal signs, and historic buildings of the downtown and uptown districts, makes the following findings of fact: A) Unsafe conditions exist on the sidewalks in the commercial districts of the Port Townsend National Register Historic District. B) Some downtown sidewalks do not allow accessibility for the handicapped. C) Municipal signing in the historic commercial district does not support the overall economic development strategy for the historic commercial district. D) Some historic structures are in various stages of disrepair which present a potential hazard to users and the general public. E) On February 12, 1988 the City of Port Townsend, requested its portion of accumulated repayments from loans under the housing rehabilitation program in accordance with its annual plan, to begin to address elimination of the aforementioned hazards. F) In 1987, under agreement with the City of Port Townsend, the Port Townsend Main Street Project contracted with the architectural and urban design firm of Tonkin/Koch Architects to develop municipal sign designs and sidewalk construction standards. Funds for this contract were awarded to the Main Street Project by the Department of Community Development. In 1987 the City provided an additional $1,000.00 to the Port Townsend Main Street Project to enlarge the scope of work for the Tonkin/Koch Contract. G) Part IV of the Federal Register/Vol. 44, No. 167/dated Monday, August 27, 1979, Subpart 570.202 provides that block grant funds may be used for the rehabilitation of private properties to eliminate conditions detrimental to public health and safety provided that the rehabilitation assistance is limited to the extent necessary to correct the conditions that are detrimental to public health and safety. H) Block grant funds may be used directly to finance rehabilitation, including settlement costs, through the direct use of block grant funds in the provision of assistance, such as grants, loans, loan guarantees, and interest supplements for costs of rehabilitation of properties, including, repair directed towards cure of an accumulation of items of deferred maintenance, replacement of principal fixtures and components of existing structures, and renovation through alteration, additions to, or enhancement of existing structures, which may be undertaken singly, or in combination; {Subpart 570.202(c) (2) (ii) (a)} I) Block grant funds may be used for rehabilitation, preservation, restoration and acquisition of historic properties, either publicly or privately owned, which are those sites or structures that are either listed in or eligible to be listed in the National Register of Historic Places, listed in a State or local Inventory of Historic Places, or designated as a State or local landmark or historic district by appropriate law or ordinance. J) Block grant funds may be used in prescribed areas for street improvements including the street, street lights, traffic signals, signs, street furniture, trees, bridges, culverts, alleys, causeways, curbs, gutters, sidewalks, and other normal appurtenances to streets and structure facilitating the passage on, or usage of, streets, but excluding expressways and other limited access ways and their appurtenances. {Subpart 570.201(c)} K) Block grant funds may be used for general management, oversight and coordination. Reasonable costs of overall program management, coordination, monitoring and evaluation, and similar costs associated with carrying out multi-activity projects, related to the planning and execution of community development activities financed, are eligible administrative costs of a block grant program. |Subpart 570.206} L) On April 18, 1988, the City received $54,716 from Jefferson County for the Main Street Redevelopment Project. M) The foregoing emergencies were not reasonably foreseeable at the time of filing of the City's preliminary budget and require expenditure of'money not provided for in the annual budget for 1988. N) On May 17, 1988, the City Council of City of Port Townsend, adopted Ordinance No. 2113 which appropriated as a supplement to the 1988 budget for the City of Port Townsend in the Community Development Block Grant Fund to pay for sidewalk replacement, Thirteen Thousand Dollars ($13,000); Rehabilitation and Preservation activities, Thirty Seven Thousand Two Hundred and Sixteen Dollars ($37,216); municipal signing for the uptown commercial district, One Thousand Five Hundred Dollars ($1,500); and, administrative costs, Three Thousand Dollars ($3,000). THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, IN REGULAR SESSION ASSEMBLED, DO RESOLVE AS FOLLOWS: The following sections shall be known and may be cited as the Main Street Redevelopment Loan Fund Panel. A. Creation and Size There is hereby established the Main Street Redevelopment Loan Fund Panel (Panel), consisting of five [5] members, as provided in subsection B below. Members of the Panel shall be appointed by the Mayor and approved by the City Council and shall be residents of the County of Jefferson, Washington State. B. Composition of the Panel 1. Ail members of the Panel must have a demonstrated interest and competence in either historic preservation, business lending, real estate development, or economic development, and, possess qualities of impartiality and broad judgement. 2. The Panel shall always include one [1] professional from the Port Townsend lending community who has experience in business loan review and approval; one [1] member of the Port Townsend City Council; one [1] member of the Port Townsend Historic Preservation Commission established by City Ordinance #2035; and, two [2] members of the Port Townsend Main Street Project's Economic Restructuring Committee. 3. In making appointments, the Mayor may consider names submitted from any source, but the Mayor shall notify each of the organizations composing the Panel so that names of interested and qualified individuals may be, submitted by such organizations for consideration. C. Terms The original appointment of members to the Panel shall be for two (2) years. Vacancies shall be filled by the Mayor for the unexpired term in the same manner as the original appointment. D. Compensation Ail members of the Panel shall serve without compensation. E. Panel Staff Assistance Professional staff assistance shall be provided by The Port Townsend Main Street Project for Loan Program Marketing, Public Relations, and Loan Packaging and Processing. Fe Staff assistance for Loan Servicing will be provided by the Clerk/Treasurers Office of The City of Port Townsend. Additional assistance and information shall be provided by other City departments as may be necessary to aid the Panel in carrying out its duties and responsibilities. Powers and Duties 1. The responsibilities of the Main Street Redevelopment Loan Fund Panel are: a. To determine if the applicant loan proposal meets the criteria establish in the Federal Register for the following activities: Sidewalk Replacement: The replacement of Historic Commercial District sidewalks for the purpose of eliminating conditions which are a hazard to public safety and to allow for greater handicap accessibility to the downtown [(an eligible activity under 24 CFR Part 570.201 (c) 9 (Page 50252) and not excluding any other such applicable sections of the Federal Register]. Historic Rehabilitation and Preservation Activities: A rehabilitation financing program for the preservation of the City's historic commercial buildings and public buildings. A program will be devised to assist in the elimination of conditions which are a hazard to public safety, which may result from seismic activities and other threats. [(An eligible activity under 24 CFR Part 570.202 (c.2)) and not excluding any other such applicable sections of the Federal Register]. b. To determine if the applicant loan proposal is within the following Service Area. Service Area: 1980 Census 1-1-80 Pol/Stat Areas: Numbers 119, 122, 320, 321, 322, 345, 351, 415, 421, and 422. 2. Loan Review and Approval of all project submitted for funding from the Main Street Redevelopment Loan Fund. 3. Before the review and/or approval of any redevelopment loans, the Panel shall discussion and determine minimum and/or maximum requirements for the Loan Fund, and shall submit such conditions to the City Council of Port Townsend for approval. These determinations shall include the following areas and conditions, but may include additional topics at the discretion of the Panel: interest rates, period of payment, date of first payment, term, amount of payment, maturity, collateral, loan amount, disbursement, endorsement, insurance, terms of default, penalties, and special conditions. 4. Conduct all commission meetings in compliance with Chapter 42.30 RCW, Open Public Meetings Act, to provide for adequate public participation and adopt standards in its rules to Guide this action. However, the Panel many meet in closed Executive Session with loan applicants when negotiations require the discussion of personal financial information of the applicant. 5. Perform other related functions assigned to the Panel by the City Council and Mayor. Read and passed by the council and approved by the Mayor on June 21, 1988. Attest: David Grove, City Clerk Mayor Bren~ Approved as to form: Keith Harper, Esq., City Attorney