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HomeMy WebLinkAboutAgenda Report - June 3, 1981 (62)CITY COUNCIL MEETING JTTNE 3, I981 s HUD SECTION 8 City Clerk Reimche presented a letter which had HOUSING PROPOSAL been received from Michael P. Kulich, Service Office Supervisor, Department of Housing and Urban Development, stating that they have received and are considering a Preliminary Proposal to develop housing in this jurisdiction under the Section 8 Housing Assistance Payments Program for New Construction. The proposal numbered CA30-T811-003 consists of 32 units at 105 S. Washington Street, Lodi, and is being proposed by the LOEL Foundation. Council discussion followed With questions regard- ing the adequate sizing of utility lines for a development of this size at that location being -directed to Staff. Following additional discussion, Council, on motion of Councilman Katnich, Murphy second, directed the City Clerk to forward a letter of endorsement to the Department of Housing and Urban Development on the proposed LOEL Foundation Section 8 Housing. R 5 z��!•�� � ; 'yam "► i • 3 • r 7f gib. y! _ �" f ; ,'tT - y? �.:� -,; i \• � :: � � n • a1 !. �."� F}� ` t .. a�i ..i*� '' � , .icck ..k1 �:Y .�Y Y}a ♦ �. i;wn •. � � j. � �1 h '+•. t� l' , ', •�-fir _ L [�� � ff�� x� �'r',♦Q � n �+.�_ C tic � _ _ 4 � f1ia.' � A" �' ..�.. xr ♦ f� }^ t `- t y. e -+ J4. }' fes•., '%�} y i_TL. i, ,�,. �._' .rte i ♦ti T Aa t < I k� Ae �Ji ��� t ,1 � `~� VA.• - •yam` l r�' • p=Y�� REGION 8X City Manager City Hall City of Lodi 221 W. Tine Street Lodi California Gentlemen: May 21, 1981 Subject: Section 202/8 Prelimitary Proposal Proposal No. CA30-T811-003 The Loel Foundatior. Lodi, California IN REPLY REFER TO - 9. 8FT U:9.8FT E.J. Allard (916) 440-3424 We have received and are consider;ng a Preliminary Proposal to develop housing in your jurisdiciton under the Sect°on 8 Housing Assistance Payments Program for New Construction. The proposal nun.' -red CA30-T811-003 consists of 32 units at 105 South Washington Street in Lodi, Calii,rnia. The proposed construction would include the following units. Building Elderly, Handicapped Total Types or Disabled D.U.'s 1 -Bedroom Elevator 32 32 Pursuant to Section 213(a) of the Housing and Community Development Act of 1974, your unit of government has the opportunity to object to our approval of any application on the grounds that the application is inconsistent with your local Housing Assistance Plan as approved by HUD for your jurisdiction. The review criteria to be considered by your unit of government are outlined in Subpart B, Applications for Housing Assistance in Areas With Housing Assistance Plans, of the regulations in 24 CFR Part 891, Review of Applications for Housing Assistance published in the Federal Register August 23, 1976. You are required to submit any objection by your unit of government based on these grounds no later than thirty (30) days after the date of this letter. If your unit of government does not intend to object, please notify us as soon as MAY 2 8 IM r" DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT s SACRAMENTO SERVICE OFFICE * 40.91 5+S DOWNTOWN PLAZA - SUITE 250 MAILING ADDRESS: P.O. BOX 1978 SACRAMENTO, CALIFORNIA 95809 REGION 8X City Manager City Hall City of Lodi 221 W. Tine Street Lodi California Gentlemen: May 21, 1981 Subject: Section 202/8 Prelimitary Proposal Proposal No. CA30-T811-003 The Loel Foundatior. Lodi, California IN REPLY REFER TO - 9. 8FT U:9.8FT E.J. Allard (916) 440-3424 We have received and are consider;ng a Preliminary Proposal to develop housing in your jurisdiciton under the Sect°on 8 Housing Assistance Payments Program for New Construction. The proposal nun.' -red CA30-T811-003 consists of 32 units at 105 South Washington Street in Lodi, Calii,rnia. The proposed construction would include the following units. Building Elderly, Handicapped Total Types or Disabled D.U.'s 1 -Bedroom Elevator 32 32 Pursuant to Section 213(a) of the Housing and Community Development Act of 1974, your unit of government has the opportunity to object to our approval of any application on the grounds that the application is inconsistent with your local Housing Assistance Plan as approved by HUD for your jurisdiction. The review criteria to be considered by your unit of government are outlined in Subpart B, Applications for Housing Assistance in Areas With Housing Assistance Plans, of the regulations in 24 CFR Part 891, Review of Applications for Housing Assistance published in the Federal Register August 23, 1976. You are required to submit any objection by your unit of government based on these grounds no later than thirty (30) days after the date of this letter. If your unit of government does not intend to object, please notify us as soon as MAY 2 8 IM Page 2. possible, so that we can expedite the completion of our review. Any other comments your unit of government might have which are relevant to my determiriation concerning approval of this application for the housing assistance (e.g., site related comments; whether the proposal is approvable under local codes and zoning ordinances) would be appreciated. Sincerely, �ichael P. Kulick (Service Office Supervisor F.- ., at".. -d q's; it 1, A.wttw... 1; ItIn'SING A%11 I'IDAN IWFVYIAWNIC %'T • Ft-511"AtAl. IIIIIIIINI; A IM IM,T RATII.x EXHIII-IT 2 F THE LOU. rOUNDATION (LODT-) APPLICATION - PROJECTMORTGAGE INSURANCE The Loel Foundation TO: HUD -Sacramento The undmigned hereby mj"s a i-mn in sift- priom-ii-I ant,.nnt w s 1, 3 7(1.3 ' 00 t.. M•in"It-I under the 'Wti4,m 202 of the National llouitw. Act. Wilt ls�m In 1w mvmt�l h) a firt mwicai:v on t1w jv­;,­ty W-reinartet dewrilwil. :J'Conditionat OFirm Type of NUntgagm: 0 IM OLD OWN (SNP I%-rnLivwnt %LvrtuaL:a Intcow-A *,jtr A. LOCATION AND Dr-scuirTION OF PROPE11TY: A. 2; St, -t crm--.. TT- V.-tv it. 51'att id ZIP C-tv 105 S. Washingtoln J. Lodi IS. San Calif. 9524.0r T. Type .9 Protect: (X , 0 _.�. 0 Wgk, P _Joaquin .. N...st-1 V. F-.4. I..: sc "-.ftt , rk�. P.C16A ce.-V 2 1 0 P -w tTx.) L) tot -+.d Ll Ll 1:1 Sp- 0311.1. r3 C.."It Ilk. It. W.-bV .1 U.U* 83%. Lia U --t.- F-finw­d Aee. --- ----- - nn----- ath".4 pw� S -K-. '.a 32 1 None See Exhibit 4 SITE WrORMATION INFORMA"ON 14. D6w*o,,M 190 21-940 It;. Y. NJ." xt-faet­j r-64. fhnt-*n ArcxRt;%bjr_to hougging fgj-e1ACX1-%) Pement plaster! Conc. slab K INFORMATION CONCERININGILAND ()It I H01'rItTY: 5 .. ineq Pe .A 00w, B.I ­. 4190. -4 4.0m A raid .1 Ael-.1 It -t 4178 S JL 50. 000 5 -0- 150,000 None None Pbhe C ­t' lb't­ 2#;. W.tft 00 L❑I H 1-1 Ll ri-# 1. i i L1 16'-h W.ter rm. fteti.-r W.H. ut1iXjt_iqs_ 0 will be placed under ground. Wldings removed (at owner's - C. ESTIMATE Of 1-14CONIE: expense), 27. N-ber of Livinc A- UWA R-1 T -ed 34-t61y K-I ramily Type Vall (Sq.- F -I) I INH. P.r %1_21% I- V.0 TV" 2 57 1 Bedroom 460 00 s 14 7 0.00 28. • TOTAL F-STIMATC31 RENTAL .% POR ALL FAMILY UNITS 14.720.00 2& Humbw of ftkim SP--: Attlladd Op.. -0- C1 SW Prk Col.eed.%P­* S coraft-rew: A--G..dL-,t Laundry____ q.rt- Otk- L*V.h P" q. ftj�owth 100 -OP TOTAL ESTIMATED GROSS PROJECT INCOME AT Sou,. MCtY?A',%CY 1.$ 14.820.00 22. TOTAL ANNI'ALRrXT0I-'"I3'1 K 120weI110) s 17-7.8,40.00 Gm. FV -i A= 34. Nrk R­A.9- Area 35..V.t RentbIV C.. --W A'..: 18,560 17.824 q. n. None, ft- No.%-imrrmir rittimictm4; SVACr type 04 I -PI -y" C46m,­12­..I U.J1 tw.e.tbn -1 Unit W PrO.Cit None 1). EQUIP-MENTAND -;KItVICt;.s INCLUDED IN 1wN*t': 1(31--4 Items) 1 37. tQVITMENTt .19. SrEMAL ASSIC-SSMENT.K1 rx 11"t 11.2 vv.2- a. h P"gmv-w t.A I I. -A A* Air C-nd. (Eqwp. 0..1,)7 D -6w.. 13 It. wt C1 11.4 W.t­ 6. trinrlp.l Kftek-ft K.% -.t r.. 0 1A Ab C..Wilk-ing Il -l.... 3t ---- NSA ­­ - t-.d,y Fitai­ - I I T.s' I I X 01 Div-a U UVI.: X W ATa IC 0T1Iv1t Trash 1, 1: ...... §'.9 E ESf'(NiATE OF 1\NU. KNI-E\ N1{:� ADMiNISTRATtYE: LAd�ert(ainL .............. S r 2. Manatement ............. f sotber.................. f i {. TOTAL AIMIMiST1t ATI\')' '3 3r:a, f nn.n+I Land lugwn..n: nt. - 5. Elevator htaintrnam•rY.xp.-n.ef "-- 0. Fuel (Hearin# and Iham-tw S =.q Not W ales ......... f a I.a•r.f 1mM.•Y. eo.•r.•................. 7 Ltdttbtt i Misr- ro-er .. .. f .' 23. Rgap tsta/e_Estln►atsd AaY.•..ed ' S<A 0. Waist .................. t 37. 9 Gas t ~ ................... .tr.. ` t 10. Gartaate 4 Tia.b Rem -al 24. personal Property: Est.. A -e -d .. ...... . .... .. ... t11. rayboB ................. 1 10. 12. Other .................. f =.=• 13. TOTAL t)MERAT{Rl'o .. ...... t � HMN:;LXA iCE: k t2. 14. Decoratinc .............. S F1F.\ tiwpee. t IS. ltepalra ................ f _. E:tematnatinf r -owing rev {. 17. Insurance ............... S f:•). ti. 'Ground Expense.......... 6 Yl. Otbfir .................. f _ . _ 19. Other . . ................ f F'\>,1 AlGN\IA Feet .. .-_'••/. t --- _'----_ 20. TOTAL M.WN'TEMANCI....... S li 21. Replaegment Reserve 40.0060 x Ti.tal h.r .. Structures. Line a t ) ................... . s I i':, ITMAT£ OF it: ,'I. At'EME%T C(;TV- I TV- --� -- 22. TOTAL. EXrENSE........... f 3r:a, f nn.n+I Land lugwn..n: nt. S ;d:M1, Lehr. t..nd ImW.NYm••grc... S � =AYES: a... a I.a•r.f 1mM.•Y. eo.•r.•................. Intereat muntha V _...__._.. S .' 23. Rgap tsta/e_Estln►atsd AaY.•..ed ' •.n 1 _ ........ f Valuation f __ _ ! 37. \,ani a .. ,,:Sir.•............ c p"111060 S .tr.. .t .'.. .r.(Y Ruddi.'r. . ..... S 24. personal Property: Est.. A -e -d ...... . .... .. ... S Vduatiow f -- __-.- N 10. A•I tIIb• r Rud.hnitn ....... S fl. TOTAL k t2. r:cn.ad !te•tn.n•r•rnt.............. . F1F.\ tiwpee. t 23. Employ" PayroBZax ...... f '•N. r -owing rev {. ta. It.nid•v'a General t 4rrh.•.id f:•). A\t Pit l._^ -F)........... S i Yl. Otbfir .................. f _ . _ �: f 1. F'\>,1 AlGN\IA Feet .. .-_'••/. t --- _'----_ 39. TOTAL TAXES ............ S n ST. Title and Recording ....... f _--- _--- It. ttui:drr'a rri.tii (r til. TOTAL CARRYING C1IARGES i FIN.... S 1'.. A-1 l -l'. Fee - DrsHn . - : i F. INCOME COMPUTATIONS:. i........... Fee - Sutrni-r) fit. 1.rK•1 ................... f :a........... f urK+n:fati..n ............ ::. N•.: •.1 Trennam ........... S .. . . s.. UtLY• ire............... S .- ---- ---- r (Lige C32. Pap i) . ............ ...... A TOTAL Ft.C%............... f --_ A :Nt_ Ti SIAL for AU 1miMnYr.nenta 98. ! f tLines 34r . 31 - 42 • 491 ............. S �: :•1, l.•.t I•rr Gro.. Sq'We F'.n•t ............... 41.600 00 _132, 700 00 S ------ ___.____�-_ t '.2. 1'.t:mde.1 Cunatruet:.Ni Tlme ............. ssw.nths. -- 22. TOTAL. EXrENSE........... f t'ARRYIVC• CHARGES AND FINANCING; � =AYES: 53. y Intereat muntha V _...__._.. .' 23. Rgap tsta/e_Estln►atsd AaY.•..ed ' •.n 1 _ ........ f Valuation f __ _ ! :•I, T....•r .................. $ p"111060 S :•!. inwrame............... S 24. personal Property: Est.. A -e -d i7 .'.K. Fit 11F6ins. Pre. J'0:Y'.1.. s Vduatiow f -- __-.- N hjt S7. FILA F%.m. Fee (0.3-.W ..... S 9 per 111000 f ---- _ . # = `I. F1F.\ tiwpee. t 23. Employ" PayroBZax ...... f '•N. r -owing rev 26. Other ................... It f:•). A\t Pit l._^ -F)........... S Yl. Otbfir .................. f _ . _ �: f 1. F'\>,1 AlGN\IA Feet .. .-_'••/. t --- _'----_ 39. TOTAL TAXES ............ S n ST. Title and Recording ....... f _--- _--- -._ til. TOTAL CARRYING C1IARGES i FIN.... S ft TOTAL EXPENSE AND TI .W XES SVf!/tint t 41.600.00 LE6:wL.oRCA1tZl►TtOY_ _.AUUI7 - : i F. INCOME COMPUTATIONS:. fit. 1.rK•1 ................... f Gy urK+n:fati..n ............ M Fatima" Ptoleet Growincome wF.G. C•..t Crrtifieation Audit r- s 177.840.00 p ---- ---- (Lige C32. Pap i) . ............ ...... A ) 67. T011\L LEGAL. ORGANIZATION P. AUDIT FEE 1 31. Orroupanry (Entire Prolertl .................. 98. 1H. Liar i Spun -r Pn•ttt amt It 1A ............. f 322. Etlgetlrg Groes Income (Line 30 a Line 319..... f 174) 3QQ - t.:1. C.....uant Fee ........................... S = Total hoist Xasio ses (Line 29 .......... . s • 3a. Not Income to hoNel(Livw 32 - Line 3-3l. 1; 41.600 00 _132, 700 00 70. p 71. M•VpM•nental Uanaremeot Fund, .......... Continrgney Reserve........ ......... - ._ -- - -- f. Of 31k. Itxpenw Ratio (Line 29 r by Line 32) ....... 23.8, 'L 72. TOTAL ESTIMATED DEVELOP&MMT COST (Lines inrL3+6auid 7Ot/Stte9ors) H. TOTAL REQUIREMENTS Q 73 (Lines SO 6] 67 Gil 69 4 70 711 .... L E dM h Pric (t' f 1. DZVELOPMENT COSTS (Line 72) .......... f S. LAND INDEBTEDNESS (Or Cads requi-I i j for Land Aepuhition) ............. . .... f i 3. SUBTOTAL (Ling 1 4 Line 2) .............. f •. MorttsewAmount ........ It _-_-_-_--- 1 S. FrgePaid by Utter than Cash f -- --_ -._-- 9 6. Line i plus Line 0 SubtoW ................ s 7. CASH INVESTMIDIT REgUirtm (Litre 3 - Ling 6) ..................... f - - - - 0. INITIAL OPERATING DEFICIT .......... f S. ANTICtrATED DISCOUNT ............... f - 10. Wotki" Capita -(2% of Mortgage Amount) .... S _ - _ . 11. Off -Site Construction C................... i I 12. TOTAL ESTIMATED CASH REQUIREMENT i (Lin"746 9410411) ............... f AND( at matt, w rt e n , t{.1 , _- tq.fL R t __ per sq. ft.. .. f 150 000 t 74. TOTAL ESTIMATED REPLACEMENT COST OE !ROltCT (Liar 71 4 Line 72) ............. f .source tpf Cash to tileei Requirements Amount f: S TOTAL 1$ The undetsionad. as rite principal nuw of the ) d nsoct 5 prhu Ja spo per pa.w Katt•K..-a•rtifres that he u familiar with the provhwns of the Regula• tions of the Federal Housing Coninsissioner umlcr the al,nr identified Cectia+n of the National !lousing Act and that to.the beat of his - knowledge and belief the mortgaitur has complud, or win b• rile to comply. with all of the rraluirrn+rats therm/[ which ate prerequisite tas insurance of the mortgage under such sect ion. "a Y --r- � The uatdrrsignsd further certifies that gra the hest of bis knnNlralyr alis! Irrti.•f erre in[nrmatit+n or data contained herein of in the ex- _ hibits or attachments listed herein are in any uay false nr in"•rrrct »list that they ate truly de.r•riptivr of the project lir property which Is 1 t yc s intended as ttieswcdsity fa. the prup,asad naortltag;r olid that the (uaapr+i..d rwn.tcu.•tirm .vitt not viralatr arming acdiaaaertor teatcietiona 1, of record. 'r The undersigned.agrras with the Federal llousina A-tn,inistrati..n that 1+ursuant too tM• sequirements of the F11A Regulations, (s) neither he nor anyone authorized to act for him will decline to sell, most an nthrr..isr make available any of the property or housing in the multifamily project to a prospective purchases or tenant because of his rarr. "slot. ra likinn err national origin; (b) he will comply V. with federal. stale and local laws and ordinances prohibiting! discriminati4m-. anti (r) his failure or refusal tai comply with the mquisemeats of either (a) or (b) shall be proper basis for the Cotnrnissinnav io reject n.pa•sts (s+r future husineoo, with the sl tumor identirted or to take t any other corrective action he may decor necessary. i ESKATON Date. April 30, 1981I signed: — President t tSWn+awa [ _ f[f()ut_sr Ful cuu:tl1T.11E T. ❑ 6/n.htinn-I Cl fern Ttl: FF.'ltlat.dl, llvG:cl.YG [utJt1I�.:Iu.\t:Rc . pursuent to the provisions r/f the Srction of the \'ati"nat II.Jn/sinp . let nten6fas-4 in the fareFrrinp alsidicatian and FHA Regulatiow _ 1. N AXIIN AKU'1'(""\:1'l ll>\F NUi+}lII:H`; ttt -1111: rut.Lt V. I\ making a loan in :Ae principal amount of Z u-hirh Trill Lear interest at %acid 2..Y.Ctr:.•1.-r.rx: :....,. Add.. nd ztr C,.dr Insurance of odtvncrs during caonstruction O is. pis not drsin•.1. 11 /s Nnderst.Nstl that the finnnrinr exlry•nar, in the an/tnrnt n/ ; _ is anLj v I Io adlNstmrnl sa that the total wall "W rJreed r1 1 J grit• NH/H/Int ••f vHnr r•JJI/(Irylla/r•n p• L•'SKATON I ocnJ(:ascis , a-hn h ,. to I.,a rryent of th.• alal•tic/:tion fee "aired by FIIA Renu. lations. 5105 Manza-tnita Avenue 648 Northfield Drive F Carmichael, CA 95608 S-cramento, CA 95833 { - • TekyAw•e Nu/wheri 1 Tet.- pM.rr. Non•t..t: -�-1ys; _. s.y _ ae. N.awe.Addre.v.ndzap Ca•d<: nTt(ltcN►:Y: Y..n<.wadr...,ndZIP c„de: t McConnell and Strgg 525 Morse Avenue Sacramento, CA 95825` --ter e L i_ J _ � _1 1• �� �'... t Teleplrowe NNtnt+e,: f �Y `�•-� '. (►. :tstwe, Addrers»d.tt! Code: i..tltt'tItTF.Ct: N.w+e• Ad•:nu aa+d 2tl Code: Melvin R. List b 648 Northfield Drive v M� Sacramento, CA • 95833 i T.Uph-14u bw.. _i Trkplw N. -b-: Y ”. The undetsionad. as rite principal nuw of the ) d nsoct 5 prhu Ja spo per pa.w Katt•K..-a•rtifres that he u familiar with the provhwns of the Regula• tions of the Federal Housing Coninsissioner umlcr the al,nr identified Cectia+n of the National !lousing Act and that to.the beat of his - knowledge and belief the mortgaitur has complud, or win b• rile to comply. with all of the rraluirrn+rats therm/[ which ate prerequisite tas insurance of the mortgage under such sect ion. "a Y --r- � The uatdrrsignsd further certifies that gra the hest of bis knnNlralyr alis! Irrti.•f erre in[nrmatit+n or data contained herein of in the ex- _ hibits or attachments listed herein are in any uay false nr in"•rrrct »list that they ate truly de.r•riptivr of the project lir property which Is 1 t yc s intended as ttieswcdsity fa. the prup,asad naortltag;r olid that the (uaapr+i..d rwn.tcu.•tirm .vitt not viralatr arming acdiaaaertor teatcietiona 1, of record. 'r The undersigned.agrras with the Federal llousina A-tn,inistrati..n that 1+ursuant too tM• sequirements of the F11A Regulations, (s) neither he nor anyone authorized to act for him will decline to sell, most an nthrr..isr make available any of the property or housing in the multifamily project to a prospective purchases or tenant because of his rarr. "slot. ra likinn err national origin; (b) he will comply V. with federal. stale and local laws and ordinances prohibiting! discriminati4m-. anti (r) his failure or refusal tai comply with the mquisemeats of either (a) or (b) shall be proper basis for the Cotnrnissinnav io reject n.pa•sts (s+r future husineoo, with the sl tumor identirted or to take t any other corrective action he may decor necessary. i ESKATON Date. April 30, 1981I signed: — President t tSWn+awa [ _ f[f()ut_sr Ful cuu:tl1T.11E T. ❑ 6/n.htinn-I Cl fern Ttl: FF.'ltlat.dl, llvG:cl.YG [utJt1I�.:Iu.\t:Rc . pursuent to the provisions r/f the Srction of the \'ati"nat II.Jn/sinp . let nten6fas-4 in the fareFrrinp alsidicatian and FHA Regulatiow applicable thereto. regarst is hreebr ntaifr Jnr the iaaunn. r of a cornmmit.,,or tr• insure n nn.rtrnrr enrerinF the p►Hperty described above. :Ifter erwrnindtion of the upidirsstion an.i the prolm. d weuriw; the fir lit kri In to drairalde and it interested in making a loan in :Ae principal amount of Z u-hirh Trill Lear interest at %acid require rrpaymenr of lwia••il/wl r+rer a Iwrhsol-o/ ___ nn •liths a.•c•.nhn� to rent/Jeri:/.tion lAan a,^rred NINM. Insurance of odtvncrs during caonstruction O is. pis not drsin•.1. 11 /s Nnderst.Nstl that the finnnrinr exlry•nar, in the an/tnrnt n/ ; _ is anLj v I Io adlNstmrnl sa that the total wall "W rJreed r1 1 J grit• NH/H/Int ••f vHnr r•JJI/(Irylla/r•n p• Ileretr•ith is check fiat $ , a-hn h ,. to I.,a rryent of th.• alal•tic/:tion fee "aired by FIIA Renu. lations. :Iddrvrt r/f :tlwtgWw: Dot. Reveir'd A—nt Code S tsvdutr Reeely<d Ry SnFnrd: ___ Kn+posed Mm tatee) FOR FHA USE ONLY J `CITY &UNCIL JAMES A. McCARTY. Mayer `ROBERT C. MURPHY. Mayor Pro Tem CITY OF LO D I RICHARD L. HUGHES CITY HALL. 221 WEST PINE STREET WALTER KATNICH POST OFFICE BOX 320 JAMES W. VWKERTON, I LODI. CALIFORNIA 95241 (209) 334-5634 June 12, 1981 Re: 9.8FT B.J. Allard (916) 440-3424 Department of Housing and Urban Development P.O.-Box 3.978 Sacramento, CA 95809 Attention: Michael P. Kulick Service Office Supervisor Subject° Section 202/8 Preliminary Proposal Proposal No. CA30-IT811-003 The Loel Foundation Ladi, California Gentlemen: - HENRY A. GLAVE S. Jr. City Manse► ALICE M. RE ECHE City Cleric RONALD M- STEIN City Attorney Please be advised that your May 21, 1981 letter addressed to the City Manager regarding the above referenced matter was presented to the Lodi City Council at its regular meeting of June 3, 1981. Following the presentation, the Council by motion action endorsed the preliminary proposal to develop housing in this jurisdiction under.the Section 8 Housing Assistance Payments Program for new construction which proposal has been submitted by the Loel Foundation and will consist of 32 units at 105 S. Washington Street in Lodi, California. Copy to Bo Katzakian 6/2/81 By Order of the Lodi City Council Alice M. Reimche City Clerk atalon 1x ' ri8jrrzr, s { - WN d r w �. UWEWas��n, �Y�4'"`_ii�4 �"r s�ns�a,.�..., 3 y� •ate 2 � M ON ea t 2 - - - kin z} '� ; t i G� f S LSET .. ... _ ia x sw i c\ rr. 4 4_ � V 44 yM to-Sao 110 �' �,.$ M .. xt� _ _- •�31 Y 3t 4' r - z .: i '.., r y e , tL s i wSYy „V, l4_S ONE, ��: i� i� a ; it r . a vim,. � d s , �." yf�.�'�T�• y, i i _:.•,n, e'°++{YY."r �'Y ..s X z rl tc_?,Y,��i2`1a'v ai L, ir}I3 eJ,fjn Jny,� �1 j51 <? r l Y' � Y �.' j'1 '`�. ]•`fib k ESY?^yaki f. �t h� ��_`� * tij r� f� r `?r (•�t,. ,r *, .�ti 5f AC ty M{�' r- - Tm -2,1981 ' v` a _ w. L De�aict�ient .af Housing and IIrbnA Development h r Saeriento CA } Y t s AttllQttOnt- servfc8 Offic@' B: i8Or: uP �= Svbect ��tinarr�xt 4 : 8roposa So. CA3Q-Q8I1-003 �ti^ Get►tle�aen • * f(d *� �� .s vdq^ . - _ . 1 w Please Ebesi3visedthat yourMaYa21, 1981,:lotter:. addresse � , d to` ._a r ; ',t the*City �1ni+ge ` regardingve �.xeferenced matter `Mas h �_� w presenter to the Lodi$ City Councf 1 F at ita ;regular meeti W. of t k F J1�11er'3 1981. «r , T i S , Ij\ t! Y S YY-fiYz r :.V, W 7 r - r _ Follaving> �tbe pxese�tation, tba Council by motion ac:tioa endorsed ' 4 this p eY proposal�to idevelop lousing it this ju fad coon �'' ��tr ` - f r° ander the Sec oa 8 .Hotisinq►sastance: Payments Program for. naw k n , construction Mhch prop�asal has "been subaQitted by ;;the Loel` �` Yep Fonndat3on =`and trill consist of 32 units at 105 S. Washington 3, ��Street din `Lodi,' California. �x xKn t '�` ` E �- � :' .. �� .' ,• � ,.sur, r 7 G t . By Order of the Lodi Cite Council :{ J ny : • 't z do (r i'� rt �',..,.a�-- ` Ali ce M. Reimche ^ >< City Jy ,. Tx1f- �Mr'71'R;';y k y,, w ' et7'ff, e'+"u' s�Yr'; T`r..Rs• �zwv�.vX.r,e}+"'f f ,' ` 1 t�'-fi5 ,K19'CY +� w�xT�e"�`�3�3- n - a�z�Copy dto Bo Ratxakian ' - 6/12/81 t __ n. OF, R EPLACEMENT COST-. ere! R.galarieenu GinorrA Oxrfthrd- Desicn 2.' IA" WD"T9 w.,774.%" TOTAL Kii ATE I, REP - lPROJ9CT (LiMI71: 6 L 2 t'- ,�-,x;AVVTOtA&tLliw a T 1~ 2j f �*skto ow". Req . . . . . . . . . . . it fjjejjts� Amov C-LLe 0" TAN* '. it3e3 .1;* =4T R2QVIR 'k uts"" Ak UNT,". v=A�rmo Disco S. 2% 11, C 4UTJUATKD CASH REQUIREMENT F. L n OTA IN*, Z 416. A. -hit .......... $ ve: "UPON A.P :TOTAIFT 7. ------------- TOT AL IWAINT"ANCE' n. R&PIW ita of - to" LW ­ L pe 4 1 Y h4i iam muwtha Ebttm*te4 ConstructTime .......... -TOTAL W-XlXNM ItXING C 19-KIL-ANRYINAKINGi months IF . ... ...... .......... va..u. s ......... p" $10" 6 5S. I.—r. ............. S Tw"wal 54. ;"1 A MIN. I". M. (*.b%)' 34 MA KS4L'Jnt� Fee 40.3%). .... pat -A. FlIA lns�p" r" rj""jjj%a Fee 4 ............. . ... ....... e. q eat - 2& - •TOTAL TAXRS 62. Tkic "4 R*eordins ....... V:' 93. TOTAL CARRYING CHARGES mss TOTAL ZXTZNSR AND TAX" A3691VAU: 6__41.600. 00' Ir -INCOME COMPUTATION -777 ............ v, 6:6 cost,certifteak Aw dit -.67. TOTAL LEGAL. ORGANtzATION & At D*IT Oecupaw" (Rati" Peole<tl' tNj"rj a Spon"# Profit and RMA L kw 3 1 Wije ago" IftfoM4 t S 174 300 00 . 60. Con—st :II,t'jiNd helot Upon"* (Line 2" 41 606 OOL �n Supple—PW U wnWni F W 00 132 700_ 7 1. nt4ngTacy ............. R ELO EST31ATKI) DEV. --imi A-',Tor.%L fr%ehading61Ia4 oi 011,Mte Cost) ItFqUIRMENTS FOR srTrL ENT 7.77777 (Lioes 58 4.63 # 67 69• 76 : 7, ItNTCOM (LIn_6..72t.:-- i LAND (Zainsit�d Market F ....... It. 2.' IA" WD"T9 w.,774.%" TOTAL Kii ATE I, REP - lPROJ9CT (LiMI71: 6 L 2 t'- ,�-,x;AVVTOtA&tLliw a T 1~ 2j f �*skto ow". Req . . . . . . . . . . . it fjjejjts� Amov C-LLe 0" TAN* '. it3e3 .1;* =4T R2QVIR 'k uts"" Ak UNT,". v=A�rmo Disco S. 2% 11, C 4UTJUATKD CASH REQUIREMENT F. L n OTA IN*, Z ii�lLiFti a�))ItFt•�F;tiANU'iFIFIti(3NhNUAIItFRtilIFIIIFt(ti.lr►1Yih/e :-. li)sN Vddre�asd ZtRCyMt, '`���Z t r: 2.CONTItACT(�R Nawre a 26M Adtb glad ZiTCwe: } TW we?Iwabrrr-M"`!' '.: , r �r T.kvh—Numbers .A-• � , * , _' thrw.�Addnrawd xl�cad s q t a. ARCIHT&C. Nae. Aadrer,.d zir Cats" _ • � :c 1 -Melvin R' List 648 Northfield Drive- ,; - Sacramento, CA '95833 '. ._- 2Tre radetiitFas the psineipaL. apuriwcuTElif {xopasect nwrtgsgor, a rrtitieiy that he to familiar with the prorisiaas o[ the Rex�uLa; tiow of tl►t %data!"itooaing Commiraimiet render the above Wamtified Settion of the National Housing Aet.and that to tha best, hb Jcrwwled�e aad�elietthe resort oFhaicomplied, or will be ai>tnsa enmpiy. Frith all of the requirements theceuL�fikh artpterequhdte' ti Insurance of the mortgage under such aectioa 7be`undersianad furtlicr avrtifies that to the best of his knowleilge and belief no information or data contained here or fa Lhe ex, if hibitaor-itachuienta list«!-hrrrinare.irFsny-ray !alae o► inegwrect anti that they am trnty das(riptive,of the P-lect:otpeopact wh i adende +rs2ha setutrtyToc the Propnacd mort ne-and-that the pmposm amArttelion will rwFriolate soaiftordlna of recon. 1 a t mom'. iLe iindetaipied severs with the Federal Housing. Administration that pursuant /o the requiremcnis of the FHA Regulations, , trrilhechctwr anyone authorized to act for him_wUl decline to aril, rentor otherwir• snake available any of. the p►oP . orhOwing ip the miidtitab►ityyrojsct ts►a=piosDecttw Dutch -Vi or tenant because of fila race,'color,.religinrr-ry►r ns.iorral:orieirr) (b) he rrjlL ,.vrtth fedewttstate'andli"I laws, asrd.otdinaacesprohibitLne diserimination,snd (e) his farinr�or:trfnsal to"eompir pith ihrrregt+heu►tta{j _. of either (a) or (b) shad be PwPer basis for the GsmmMsiornr to rejett'rrquaats for fotuie uusincaa with tM sporwu identifkd cs to t�ki any, other corrective action he,, may deem nece.Mry a` E ON , SKAT Y x 'President ft �RF()IJISTFOR. fU.11111T1IFNT C7Cw.ndttional )ltrrnr 'AT PiAlEDUAL1101,1�CCl)lllllC�tf)�fR ibrivanf to the_ rw '"tons of the S;-Miin`of the rVa�i�mwl /lorrenrS lrt rJentrfieil is fhe jriieSdnK afi�Jicatroge��1 FNA Re�aiihort�ryf %re rcab& fhneto: reyurst it hncb) murk fol the isrriange of n conrmmrtmrni to rn!ir►r a mort a catx►tnR tht property deaenbtdoboa i&CrVVaFMnatign of the applicution and the jirapostr1 rgcunn, the.undrr-,ricmtrl cunsirlrn the project to be dnualde and q wtettsted mu makings loan in fhe princfpa/ anrounf, of S trheeh'trrU bear inteeresf a( [ wrll rtyuue KPa� meat of laincrpnl oPer n ycrrurl of months nee r.tireR to amnrh anon Idnn aRrr e J apnn. 3 a t z ti lasaronce ojadmners dunnte construction..,.8 Cis not rksi�rd s x�' 1r U IM ."S thot'the financrna rx ore, in fhr °0 fount of S rs sullrc t ft►adjustmentaU that the total tvt7j 5"' •MQt ezctCsj `£ of tkc amount u our cunu ihnent i t ; `' 'r'' 'c� ��^''t�+� �}' '' �a `Ikrernth a check jru J which is rnpnv tnenf nj tlrPnppitoohnn �Se rcgn'tred b j71A Resp.: r i<ofwrw T.�z / res� _4? "g le N 'S `�'y.r:.,r_ rai r tPrut.osedlturrtasN)�y�.'6� rY�- ti3 Si.r ,.i ct d ,r%tf J ... }iy' •fY%k ,i : i FOR FHA USE ONLY oat 1<eeilw�- . Coda -. N'Twi rd Mr