Memorandum
City of Lawrence
Planning and Development Services
TO: |
David L. Corliss, City Manager |
FROM: |
Danelle Dresslar, Community Development Manager, Planning and Development Services |
CC: |
Scott McCullough, Director, Planning and Development Services |
DATE: |
April 13, 2015 |
RE: |
Mortgage Release |
Background:
The following individual participated in a Community Development Division loan program.
1) Belinda J. Conrad, 1605 Powers Street, participated in the Emergency Loan program in 1992.
Based on the program the individual participated in, a mortgage was placed on the property. The balance is due when the property is no longer owner-occupied, however individuals have the option to pay off the loan at any time. Staff has determined that all of the required monthly payments have been received for the above loans that have re
Staff Recommendation:
The mortgage provisions have been satisfied and the mortgage should be released.
Action:
Authorize the Mayor to sign a release of mortgage for Belinda J. Conrad, 1605 Powers Street.