Council Bill No.         Defeated R 34-00           

providing relocation assistance loans to the residents of Walnut Woods mobile home park.

    

    WHEREAS, residents of the Walnut Woods mobile home park are being forced to move their mobile homes; and

    WHEREAS, the City of Columbia wishes to provide limited financial assistance to the residents of Walnut Woods mobile home park to help offset the cost of moving the mobile homes subject to the restrictions and conditions set forth in this resolution.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.  City shall provide unsecured loans of Community Development Block Grant funds to residents of Walnut Woods mobile home park who are moving their mobile homes subject to the following conditions and restrictions:

    a.    Applicants receiving assistance shall meet US Department of Housing and Urban Development, Section 8 Income Guidelines published February 1, 1999.  Each applicant shall demonstrate income eligibility using forms and procedures developed by the City Planning and Development Department.

    

    b.    Applicants shall submit to the City Planning and Development Department two written estimates for moving a home from mobile home movers.  The assistance shall be the actual cost of moving a trailer, based on the lowest estimate provided, not to exceed $850.  Assistance will be provided to qualified applicants as reimbursement for costs incurred.

    c.    An unsecured signature loan shall be made on the amount described in subsection b at 3% annual interest rate amortized over a two year term, with payments due at the end of each month.  Payment shall be made to the City of Columbia Community Development Fund.

    

    d.    Applicants that receive assistance shall acknowledge that federal monies are not funding a project that is causing them to relocate.

    e.    Applicants that have past due accounts with the City of Columbia shall bring the accounts current prior to receiving assistance described in this resolution.

    f.    Assistance shall not be used to offset costs incurred prior to the adoption of this resolution.

        ADOPTED this ________ day of ___________________________, 2000.