HomeMy WebLinkAbout213-07 RESOLUTIONRESOLUTION NO. 213-07
A RESOLUTION TO APPROVE THE PROMOTION OF
AFFORDABLE HOUSING AGREEMENT WITH RAUSCH
COLEMAN HOMES, LLC
WHEREAS, the City Council has placed the promotion of affordable housing in
Fayetteville as a high priority for Fayetteville; and
WHEREAS, City Staff prepared a Request For Proposals to find an appropriate housing
builder/residential developer to work with toward the goal of increased affordable housing for
our citizens; and
WHEREAS, the City Selection Committee chose Rausch Coleman Homes, LLC as the
best possible partner to create more affordable housing in Fayetteville
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
Section 1: The City Council of the City of Fayetteville, Arkansas hereby approves the
Promotion of Affordable Housing Agreement with Rausch Coleman Homes, LLC (attached as
Exhibit A) and agrees that City Staff should partner with Rausch Coleman Homes, LLC by
soliciting grants, etc. to achieve the goal of increased number and availability of affordable
housing in Fayetteville.
PASSED and APPROVED this 18th day of December, 2007.
APPROVED:
By:
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ATTEST:
E:FAYETTEVILLE:
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By:
DAN COODY, Mayor v SONDRA E. SMITH, City Clerk/Treasurer
PROMOTION OF
AFFORDABLE HOUSING AGREEMENT
WHEREAS, the City of Fayetteville desires to promote and facilitate affordable housing
for the citizens of Fayetteville; and
WHEREAS, the City advertised a Request For Proposals from house builders/residential
developers to work with the City to provide and increase affordable housing in Fayetteville; and
WHEREAS, a City Selection Committee evaluated all of the Responses to the RFP and
selected Rausch Coleman Homes, LLC as the most qualified and competent applicant.
Now Therefore, The City Of Fayetteville And Rausch Coleman Homes, LLC
Hereby Agree:
1) Tenn:
This agreement shall begin upon the signed approval of Rausch Coleman Homes, LLC
and Mayor Dan Coody and shall run for an initial term through December 31, 2008. This
agreement shall be automatically renewed under the identical terms for up to four one year
periods beginning January 1, 2009, unless either party notifies the other in writing one month
prior to the renewal date.
2) Voluntary Termination:
Either party may terminate this agreement without cause by giving the other party thirty
days' written notice of its intention to terminate the agreement.
3) Notices:
Any and all notices provided for under this agreement shall be delivered (in person or by
first class mail) to:
Rausch Coleman Homes LLC
ATTN: Fred Rausch
300 E. Main
Farmington, AR 72730
4) Response and Request For Proposals Incorporated:
Office of the Mayor
City Administration Building
113 W. Mountain
Fayetteville, AR 72701
This agreement incorporates and includes as if set forth word for word all the terms,
conditions, proposals, recitatals, and representations within the City's Request For Proposals
and Rausch Coleman Homes, LLC Response thereto.
5) Grants and Donations:
The City shall work with Rausch Coleman Homes, LLC to attempt to obtain and utilize
grants and donations for affordable housing projects to be accomplished by Rausch Coleman.
6) Assignment:
This agreement may not be assigned without the express written consent of the other
party.
7) Entire Agreement:
The Request For Proposals, Rausch Coleman Homes, LLC's Response thereto and this
document make up the entire agreement and no other oral or written terms, conditions,
promises. etc. shall have any effect or validity.
8) Venue and Jurisdiction:
The proper venue and jurisdiction for any dispute involving this document is and shall be
Washington County, Arkansas.
9) Freedom of Information Act:
City contracts and documents prepared while performing city contractual work are
subject to the Arkansas Freedom of Information Act. If a Freedom of Information Act
request is presented to the City of Fayetteville, the (contractor) will do everything possible to
provide the documents in a prompt and timely manner as prescribed in the Arkansas Freedom
of Information Act. (A.C.A. §25-19-101 et. Seq.) Only legally authorized photocopying
costs pursuant to the FOIA may be assessed for this compliance.
In Agreement With All Written Above, we sign our names below and represent that we
have the proper authority and power to bind Rausch Coleman Homes, LLC and the City of
Fayetteville.
RAUSCH COLEMAN ,HOMES, LLC CITY OOF�,F/AYEgOat
TTEVILLE
By: � ISA L By: " 1 asm, „i n,,�.�G�ERWT/�e9,, •
FRED RAUSCH DAN COODY, MayorE r ;�FAYE •
,/ TTEVILLE:
Title: �l .ti�J"t y�� Attest: v ::9?
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By: i!%
Sondra E. Smith, City Clerk/Treasurer
Yolanda Fields
Submitted By
City of Fayetteville
Staff Review Form
City Council Agenda Items
Contracts
18 -Dec -07
City Council Meeting Date
Community Resources
Division
Action Required:
Operations
Department
Approval of an agreement for the Promotion of Affordable Housing with Rausch Coleman Homes, LLC
$0.00
Cost of this request
Account Number
Project Number
Budgeted Item l —
Category/Project Budget
Funds Used to Date
Remaining Balance
Budget Adjustment Attached
Program Category / Project Name
Program / Project Category Name
Fund Name
epartment irector r
City Attorney
Finance and Internal Service Director
\2.- 57
Date
Date
l2-s•o
Date
Previous Ordinance or Resolution #
Original Contract Date:
Original Contract Number:
Staff recommends approval of lease.
CITY COUNCIL AGENDA MEMO
To: Mayor and Council
Thru: Gary Dumas, Director of Operations
From: Yolanda Fields, CR Director
Date: December 5, 2007
Subject: Approval of Agreement with Rausch Coleman for the Promotion of
Affordable Housing
RECOMMENDATION
Staff recommends approval of Agreement.
BACKGROUND
Affordable housing is decent housing affordable to individuals and families earning less
than 80% of the area median income and paying no more than 30% of their income for
housing. We have experienced a challenge with providing this type of housing product to
the community. In July of this year the City Council made the affordable housing
challenge a goal to be tackled. Staff has been and will continue to work to find ways to
create affordable/attainable housing stock and to maintain the affordable/attainable
housing stock we currently have.
DISCUSSION
The U.S. Department of Housing and Urban Development (HUD) provides funding for
the HOME program which is administered through the Arkansas Development Finance
Authority (ADFA) ADFA is Arkansas' largest source of low cost financing for low -to -
moderate income housing development. The HOME program may be used to assist
eligible low-income homebuyers to finance the purchase of a home.
Rausch Coleman, LLC will be building affordable/attainable housing and will be
applying for HOME funding to provide homeowner assistance for the homes. The City
of Fayetteville will be partnering with this developer in the effort to increase the
affordable/attainable housing stock.
BUDGET IMPACT
No impact.
RESOLUTION NO.
A RESOLUTION TO APPROVE THE PROMOTION OF
AFFORDABLE HOUSING AGREEMENT WITH RAUSCH
COLEMAN HOMES, LLC
WHEREAS, the City Council has placed the promotion of affordable housing in
Fayetteville as a high priority for Fayetteville; and
WHEREAS, City Staff prepared a Request For Proposals to find an appropriate housing
builder/residential developer to work with toward the goal of increased affordable housing for
our citizens; and
WHEREAS, the City Selection Committee chose Rausch Coleman Homes, LLC as the
best possible partner to create more affordable housing in Fayetteville.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FAYETTEVILLE, ARKANSAS:
Section 1: The City Council of the City of Fayetteville, Arkansas hereby approves the
Promotion of Affordable Housing Agreement with Rausch Coleman Homes, LLC (attached as
Exhibit A) and agrees that City Staff should partner with Rausch Coleman Homes, LLC by
soliciting grants, etc. to achieve the goal of increased number and availability of affordable
housing in Fayetteville.
PASSED and APPROVED this 18th day of December, 2007.
APPROVED: ATTEST:
By: By:
DAN COODY, Mayor SONDRA E SMITH, City Clerk/Treasurer
1(12.21.07) Clarice Pearman - Res. 213-07 r Pale 1.I
From: Clarice Pearman
To: Fields, Yolanda
Date: 12.21.07 3:16 PM
Subject: Res. 213-07
Attachments: 213-07 Rausch Coleman Homes LLC.pdf
CC: Audit
Yolanda:
Attached is a copy of the above resolution approved by the City Council, December 18, 2007. Please let me know if there is
anything else needed for this item. Have a happy holiday.
Thanks.
Clarice