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 16, 2015 |
RE: |
Mortgage Release |
Background:
The following individual(s) participated in a Community Development Division loan program.
1) Neva Marie Blair, 1508 Haskell Avenue, participated in the Emergency Loan program in 2001.
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 resulted in a zero balance due to the City.
Staff Recommendation:
The mortgage provisions have been satisfied and the mortgage(s) should be released.
Action:
Authorize the Mayor to sign a Release of Mortgage for Neva Marie Blair, 1508 Haskell Avenue.