HomeMy WebLinkAboutPermit Correspondence 1986-09-10SiPFINGFIELD
CITY OF SPRINGFIELD
Offrce of Community & Economic Development Planning and Development Department
CERTIFIED LETTER
September 10, 1986
Marvin & Cleo Beswick
280 South 38th
Springfie'ld,0R 97478
Dear Marvin & Cleo:
This letter is being sent to you by certified mail with restricteddelivery to verify that you are still the owner and occupant of the houseat this address. As a recipient of a home rehabilitation loan from theCity of Springfield, you will recall that the full amount of the'loan,including the principle and the origination or interest fee of 7 percent,is due and payable to the City upon sale or transfer of this property.
Sale or transfer is defined to include the actual or attempted sale bycontract, assignment, lease, rental or other conveyance to any otherperson, as well as the transfer by will or inheritance to any person otherthan a surviving borrower upon the death of one borrower. (Specifically,
fo" instance, ,,using the house as a rental unit while you retain ownershipis not permitted). it will be the practice of the City to contact youperiodically in this manner in order to confirm that no such sale- ortransfer has occurred.
Secondly, you should also recall that the terms of this loan require youat al I times to keep the house and other improvements on the property
insured against loss or damage by fire. The amount of coverage is to be
adjusted when necessary to reflect not less that the current appraisedvalue of the property and improvements. The City of Springfie'ld, at 225North 5th Street, is to be named as an additional fnsured party on thepolicy. If the Lane County Housing Authority has been named on your
insurance policy in the past, p'lease have this changed as soon as possible.
You have also promised to furnish a certificate of this insurance to theCity. This certificate of insurance must be furnished to the City eachyear when your homeowners insurance is renewed. If you have not yet doneSo, please direct your insurance company to send the City the certificateof insurance automatically in the future when you receive notice of and
pay the annual premium.
225 North Sth Street . Springfield, Oregon 97477 . 503/726-3753
Fina11y, in keeping with the home rehabi'litation policies, the City willmake ' dri ve-by ' i nspecti ons at two (2) and fi ve ( 5 ) yea rs after
constructi on completi on i n order to determi ne i f your home i s bei ng
adequately maintained. If this 'drive-by' inspection indicates that your
home is not being adequately maintained, the City may request that you
allow further inspections of your home to be made and that you correct any
maintenance prob'lem discovered by such inspections.
If you have questions regarding this 'letter, you may contact Bill Schaubat 7?6-3753. Thank you for your assistance in keeping our records up to
date.
Si ncereJy,
4/zU1
Bi I I Schaub
Rehab Speci al i st