Resolution of the City of Jersey City, N.J.

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Exhibit "A"JP Affordable Housing Holding Company, Inc. Phase IIAddress ~Owner Current Monthly New MonthlyTenant Rent Tenant Rent314 Van Home Street Cedric Beteta$356.00 $427.20383 Halliday Street Telemaco & MariaBlandino $433.00 $519.60290 Van Home Street Marie Celestine353 Halliday Street Tomas Davila142 Maple Street Clarissa Fillmore373 Hallday Street Lorenzo Flores351, Hallday Street Rafael Gonzales310 Van Home Street Eliza Guerrier130 Maple Street Isiah Heyward298 VanHorne Street Gregorio Monegro284 Van Home StreetYvonne Myers379 Halliday Street Lucio & Amanda Naira375 Johnston Avenue Rigoberto Negron381 Johnston Avenue Sunday Okoji316 VanHorne Street Louis Perez306 Van Home Street Paulino Perez371 Hallday Street Marie Rendon355 Hallday Street Kenneth Rice300 Van Home Street Francisco Salcedo292 VanHorne Street Ana Sotto363 Hallday Street Antonio Torres$732.00 $878.40$410.00 $492.00$511.00 $613.20$442.00 $530.40$475.00 $570.00$491.00 $589.20$850.00 $924.00$413.00 $495.60$696.00 $835.20$236.00 $283.20$888.00 $924.00$1,155.00 $924.00$788.00 $924.00$574.00 $688.80$781.00 $924.00, $757.00 $908.40$701.00 $840.20$619.00 $742.80$757.00 $908.40 .
..City Clerk File No.Res. 09-875Agenda No. 10.0Approved:OCT 2 8 2009TITLE:RESOLUTION AUTHORIZING AN AMENDMENT TO AN AFFORDABLEHOUSING AGREEMENT WITH THE DEVELOPERJP AFFORDABLE HOUSINGHOLDING COMPAN, INC., (pHASE II), TO ENABLE THE OWNERS OF TWOFAMILY HOMES TO CHARGE A FIXD BASE RENTRA THER THA A RENTBASED ON THE TENANT'S INCOMEWHEREAS, on or about Januar 15, 1993, the City of Jersey City (City) entered into a twenty (20)year Affordable Housing Agreement with JP Affordable Housing Holding Company, Inc. (JPAH),Phase II, to construct and sell eighteen (18) two-family dwellings for a total ofthirt-six units ofaffordable housing at the addresses listed on Exhibit "A" attached hereto; and .WHEREAS, the Affordable Housing Agreement requires that the purchaser of a two-family homereside in one unit and rent the second unit to an income qualified tenant at a rental rate not to exceedmore than 30% ofa tenant's anual family income; andWHEREAS, the homeowners listed on Exhibit "A" are the successors in interest to the AffordableHousing Agreement with JPAH dated January 15, 1993; andWHEREAS, the current restrictions tying rents to tenant incomes result in unpredictable fluctuationsin rents which could jeopardize the financial viability of the affordable housing unit; andWHEREAS, the City desires to amend the Affordable Housing Agreement to allow homeownersto charge a fixed based rent that will be permitted to increase anually; andWHEREAS, to accomplish this purpose it is necessar to amend Section II(B)(I)(b) of theAffordable Housing Agreement to establish a new base rent that wil allow for anual incrementsbased on the Home Program Rent Limits published in the Federal Register.NOW, THERE¡"ORE BE IT RESOLVED, by the Municipal Council ofthac:the City of Jersey City1. Section Il(B)(I)(b) is amended to establish the base rents listed on Exhibit "A" attchedhereto and incorporated herein by reference for 2009; and2. The homeowners shall be permitted to increase the base rents anually upon recertifyngtenants.RRlcw=: ?APPROVED AS TO I EG:EORM.JCorporation CounselCertification Required 0Not Required 0 APPROVED 9-0RECORO OF COUNCIL VOTE ON FINAL PASSAGE 10128/09COUNCILPERSON AYE NAY NV COUNCILPERSON AYE NAY N.V. COUNCILPERSON AYE NAY N.V.SOnOLANO ¡- GAUGHAN I BRENNAN /DONNHIV /.FULOP " FLOOD .lLOPEZ v' RICHARDSON II VEGA, . ,/,l Indicates Votee?~meeJ;0fPeter M. Brennan.nicipal Council of the City of Jersey City, N.J.President of CouncilN.V.-Not Voting (Abstain)
Page 1 and 2: Resolution of the City of Jersey Ci
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Page 27 and 28: AGREEMENTThs Agreement dated theday
Page 29 and 30: services, etc., in order to carry o
Page 31 and 32: Before fial payment on the contract
Page 35 and 36: APPLICATION FOR RECREATIONAL EVENT
Page 39 and 40: The State shall have the right of i
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Page 49 and 50: --~4. The Licensee agrees to assume
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Page 55 and 56: :-';=.':Form W..9(Rev. Oclober 2007
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)BUSINESS ENTITY DISCLOSURE CERTIFI
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,Part 3: Disclosure of Contribution
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City Clerk File No. Res. 09-890Agen
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Date Submitted to B.A.RESOLUTION FA
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Resolution of the City of Jersey Ci
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ibte 2. Income before taxes: Averag
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Shelter $10,023 $4,808 $4,126 $4,87
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.urces of income and personal taxes
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Number of employees 1,600 100% livi
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JERSEY CITY RECOVERY ZONEJUNE 23, 2
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'Resolution of the City of Jersey C
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CITY OF JERSEY CITY30 MONTGOMERY ST
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"- ,CONFIDENTIAL SETTLEMENT AGREEME
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capacity as such, agents, elected o
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limited to, ground water, surface w
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3. Payment of Settlement Amount3.01
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esponsibilities and obligations of
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with the City and exercise good fai
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9.05 Other than this Agreement as p
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12. Other Provisions12.01 This Agre
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.. "";EXHIBIT AThe Travelers Indemn
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Continuation of Resolution Res ~ 09
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DETERMINATION OF VALUE CERTIFICATIO
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423-483-3225' ¡Erwn FN I!;!==I :11
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ti." !lS;:~'ì .-: =---;; .. ~-;':
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PUBLIC DISCLOSURE INFORMTIONChapter
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MADATORY EQUAL EMPLOYMNT OPPORTUNTY
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AMERICANS WITH DISABILITIES ACT OF
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MINORITYIWOMA BUSINESS ENTERPRISE (
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,"C.271 PlAl"'1 1m_ ~Requir Puuat T
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CITY OF JERSEY CITYRESOLUTION:VENDO
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AGREEMENTThis Agreement dated the d
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notify the City of their engagement
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For the term of the contract, the c
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lß!21/20Ø~12: 29 28134381340ll!13
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ie/21/2009 12: 28 201343sei4010/81/
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1~/21/2eÐ9 12: 28 20134~B04Ø. .l
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10/21/2009 12: 282013c:3SEl40NAKBrH
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Continuation of Resolution, City Cl
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Fonn AA302Rev, 10/08STATE OF NEW JE
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MINORITYfWOM.A.N BUSli\TESS ENTERPR
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AMERICANS WITH DISABILITIES ACT OF
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PUBLIC DISCLOSURE INFORMATIONChapte
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Continuation of ResolutionCity Cler
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Resolution of the City ofJersey Cit
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"'''''.~!;Q\l~/Q1Q,.1I1il. ~-lkn '"
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LEGISLATIVE FACT SHEETThis summary
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City Clerk File No.Agenda No.Approv
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Resolution of the City of Jersey City, N.J.

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