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04-27-1987 Council Packet
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04-27-1987 Council Packet
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As you will note in Attachment 13, the Count.y's letter indicated <br />currently they have applications on file for rehab grants for <br />three persons who are under $ 12,000 income. <br />DISCUSSION - The two competing programs currently for the <br />program are the Crystal Bay sewer which is at a total of <br />over $100,000 granted to it and the rehab program. The rehab <br />program has had in addition to the three applicants the County <br />indicated that they have turned away persons and discouraged them <br />from applying becau:3e of the lack of rehab monies in the City. <br />It should be noted that the !'ounty generally requires a minimum <br />$7,5001 catagory designation for any one particular catagory for <br />it to be funded. <br />RECOMMENDATION - It is the recommendation of staff that the <br />Eoll�wing allocation of money be made to fund the four persons <br />who applied for the sewer grants to pay off half of their <br />remaining balance. The difference between last year and this <br />year is that the persons funded last year had a total balance of <br />$9,235.00 to be paid off whereas the current people have a <br />reduced amount, originally of $3,500 with one payment already <br />made leaving a balance of $4,676. It is recommended the balance <br />being put into rehab because the persons on the sewer grant are <br />in the upper income brackets for eligibility of these programs <br />with the rehab being significantly lower. Given that the staff <br />recommends the following: <br />Crystal Bay sewer $ 9,500.00 <br />Rehab $14,275.00 <br />Additionally it is recommended that to the extent that any of the <br />four may not acutally qualify once the applications are reviewed <br />with substantiating information required that that money that <br />does not go to any of the four individuals be put into the rehab <br />fund. <br />PROPOSED MOTION - Moved by seconded by , that the following <br />allocation of fund for r.r).B.G. be authorized for 1.987 funds <br />Crystal Bay 59,500.00, housing rehab 514,275.00 and that the <br />balance of any monies not used to pay off approximately half of <br />the assessmeit for the outstanding balance of the C.D.g.G. be <br />place in hou:;ing rehab as set forth in Resolution ^� Ayes <br />Nays <br />
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