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10-29-1984 Council Packet
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10-29-1984 Council Packet
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2) Property held by ONE SPOUSE -- signatures of BOTH spouses <br />are required. <br />3) Property h0 d in LIFE ESTATE -- signatures of the appli- <br />cant (life estate holder) and signature of sufficient <br />remaindermen to comprise at least 1/3 interest. <br />(Example: If there are 12 remaindermen in title, the <br />signatures of 4 of them are required to comprise 1/3 <br />interest, assuming equal interest for all). <br />4) Property being purchased on CONTRACTOR FOR DEED -- <br />signatures of the applicant and all individuals who are <br />aggregating their interest to meet the ownership <br />requirement; and the fee title holder (and spouse or <br />others, as applicable) of the property; and the <br />signatures of any intervening vendees of the Contract for <br />Deed. <br />c. Notarization of Signatures. <br />1) All required signatures must be notarized, including the <br />"mark" of a signater who is unable to write (such a mark <br />must he witnessed by at least two persons other, then the <br />notary). Additional acknowledgments may be added to the <br />Repayment Agreement form to accommodate any necessary <br />notarizations. <br />2) All dates (except those in the notary's acknowledgements) <br />in the Repayment Agreement shall be left blank at the <br />time that the grant package is submitted. <br />The city has three options with regard to obtaining the <br />signature of the homeowner on the Repayment Agreement. <br />It is recommended that the grant amount in the Repayment <br />Agreement be left blank at the time the grant package is <br />submitted. This allows the city flexibility with regard to <br />Amendment Requests by not requiring a new agreement to be <br />signed should the grant amount change upon completion of the <br />work. <br />The city may accept the document with the maximum grant <br />amount in place, recognizing that upon completion of the <br />grant should the total of the work not equal the maximum <br />grant amount exactly, a new document must be executed. <br />If the homeowner refuses to sign a blank repayment agreement <br />and also refuses to sign a repayment agreement indicating the <br />maximum grant amount, the Grant Administrator shall require <br />that the homeowner sign the repayment agreement which has the <br />total of he selected bids inserted as the grant amount. The <br />Grant Administrator shall, in writing, inform the homeowner <br />17 <br />
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