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Parkview Services 11/25/2019
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Parkview Services 11/25/2019
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Last modified
11/26/2019 11:56:27 AM
Creation date
11/26/2019 11:55:19 AM
Metadata
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Contracts
Contractor's Name
Parkview Services
Approval Date
11/25/2019
Council Approval Date
7/17/2019
End Date
6/30/2020
Department
Planning
Department Project Manager
Rebecca McCrary
Subject / Project Title
Loan to Purchase 3 Single Family Homes
Tracking Number
0002068
Total Compensation
$135,000.00
Contract Type
Agreement
Contract Subtype
Grant
Retention Period
6 Years Then Destroy
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Acquisition <br /> Acquisition of property to be rehabilitated for housing. 14G may be used whether CDBG funds will pay <br /> only for acquisition or for both acquisition and rehabilitation. <br /> Description of how the project will meet this subcategory:The purpose of this project is for the acquisition <br /> and future rehabilitation of three single family scattered homes (the "Project"). The Project properties are <br /> located at 6608 Cady Road, 2220 Pine Street and 1816 Cedar Street, Everett, Washington. The real property <br /> located at these addresses and any improvements now existing or hereafter constructed thereon are <br /> hereinafter referred to as the "Property".The project will serve ten (10) individuals with <br /> intellectual/developmental disabilities and/or chronic mental illness earning less than 30 percent of area <br /> median income in accordance with HUD Income Limits. <br /> C. Performance Monitoring <br /> The City will monitor the performance of the Subrecipient against goals and performance standards required <br /> herein through quarterly reports and site visits throughout the loan term ending 40 years from the date of <br /> closing or December 31, 2059 whichever is later. Substandard performance as determined by the City will <br /> constitute non-compliance with this Agreement. If action to correct such substandard performance is not <br /> taken by the Subrecipient within a reasonable period of time, as determined by the City and after being <br /> notified by the City, contract suspension or termination procedures will be initiated. <br /> D. Levels of Accomplishment-Goals and Performance Measures <br /> In addition to the normal administrative services required as part of this Agreement,the Subrecipient agrees <br /> to provide the following levels of program services: <br /> Activity Units of Service* per Month Total Units/Year <br /> Housing Acquisition NA Ten(10) Beds <br /> Total People or Households to be served Total unduplicated Everett Residents or <br /> Households to be served <br /> 10 people 10 residents <br /> *Note: Provide definition of Units of Service, which may include such measures as units rehabbed, persons or <br /> households assisted, or meals served, here. If this is a construction project,please explain here how the <br /> improvements will be used and how they benefit the community, what the target population is for the project, <br /> etc. <br />
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