recommends approval of the Satisfaction of Mortgage and acknowledg
full payment of said note for Ms. Mary Lee Atkins.
Atkins received a Community Development Block Grant (CDBG) Rehabilitation
Program Deferred Payment Loan of $9,240.00 on January 8, 2001. Ms. Atkins was awarded the funding to rehabilitate her home based
on program criteria and a commitment to stay in the home during the
the loan period ended January 8, 2006. Therefore, Ms Atkins’s family is requesting a
Staff has determined that the loan obligations have been fulfilled.
accepting the Satisfaction of Mortgage;
2. Such alternative action as the Commission may deem appropriate
Department: Housing & Eco Dev
Prepared by: Tracie Hodge
Attachments: Yes_X__ No ______
Advertised: ____Not Required _X____
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. _________________
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
LEESBURG, FLORIDA, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE
AGREEMENT WITH MARY LEE ATKINS TO PROVIDE A SATISFACTION OF
TO SECURE A HOUSING REHABILITATION LOAN; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to
n agreem ent with Mary
Atkins whose address is 1009 Ferguson Street, Leesburg , for Satisfaction of M ortgage (give the
bid or RFP number if applicable .
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the 12th day of June 2006