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HomeMy WebLinkAbout2516RESOLUTION NO. 2516 A RESOLUTION regarding use of abatement line of credit funds. WHEREAS, it is the policy of the City of Bremerton to authorize the use of the Abatement Line of Credit only after reviewing the following data for each potential abatement candidate site: Threat to public health and safety; Impact on the community prior and after completed abatement; Probability of recovery of abatement funds; NOW THEREFORE BE IT RESOLVED, The Bremerton City Council does hereby require that the following procedure be followed prior to use of the abatement line of credit funds: The Director of Community Development will submit to the Mayor a listing with the following data for all abatement projects that the Building Official believes will require City resources to accomplish: Record of building, housing, environmental, health, and zoning code violations existing at or associated with the site/owner. Strength of evidence supporting the City's current abatement actions. Likelihood that resolution of dangerous building or substandard building conditions at the site will prevent neighboring properties from deterioration. 4. Visibility of the site within the community. Likelihood of recovery of City's expenditures as evidenced by but not limited to the following: a. Value of property after abatement. If the value of the property after abatement is not sufficient to offset the cost of abatement, then: the value of other properties and/or personal property held by the offending property owner. 6. Cost of abatement and enforcement actions. 7. Probable effectiveness of abatement actions. 8. Amount of criminal activity related to the site. Safety and health threats the site presents to children. 10. Proximity of the site to neighborhoods targeted for redevelopment and enforcement emphasis by the Mayor. The Director of Community Development will confer with the City Treasurer and the City Attorney prior to submitting this report to the Mayor. The Mayor will review the data and comments listed above prior to authorizing use of the line of credit funds. Only the Mayor will have authority for the release of abatement line of credit funds. The City Treasurer will include all abatement liens in an "aging analysis" in the City's accounts receivable reports. All abatement liens will include administration costs in addition to direct costs and shall be structured to accrue the maximum permissible rate of interest pending their collection. PASSED by the City Council of the City of Bremerton this 21st day of June, 1995. Council Presxdent this SIGNED and APPROVED by the Mayor for the City of Bremerton on c~\ day Of~kk~4 _, 1995. LY~HHORTON, Mayor ATTEST: ,.~L~ L ~, _ L. NcCLUSKEy, Cit~~k