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CITY OF HOUSTON - CITY COUNCIL Meeting Date: 1/12/2021 District A, District H, District J
Item Creation Date: 12/16/2020
HCD20-107 CBDG-DR15 Voluntary Buyout Program
Agenda Item#: 13.
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| | | | | | | | Summary:
ORDINANCE approving and authorizing first amendment to the amended and restated Interlocal Agreement between Housing and Community Development Department and HARRIS COUNTY FLOOD CONTROL DISTRICT for CDBG-DR15 Flood Events Voluntary Housing Buyout Program - DISTRICTS A - PECK; H - CISNEROS and J - POLLARD |
| | | | | | | | Background:
The Housing and Community Development Department (HCDD) recommends Council approval of a First Amendment to the Amended and Restated Interlocal Agreement between the City of Houston (City) and Harris County Flood Control District (HCFC) to: (1) replace "housing buyout" with “Buyout” on Exhibits, (2) update funding references to the Federal Award Identification, and (3) update project budget.
Replacing "housing buyout" to "Buyout" will expand the pool of properties eligible under the Voluntary Buyout Program as defined in the Scope of Work. The project budget will be updated in Braeburn Glen, Glenburnie & Cashiola, and Langwood to allow for additional property buyouts within these neighborhoods.
The Amended and Restated Interlocal Agreement between the City and HCFC was approved by (O) 2020-050 on February 11, 2020 with a budget not to exceed $10,660,000.00. To date, HCFC has spent a total of $5,816,078.07 for the purchase of 31 properties, with 16 properties pending acquisition.
Budget Estimate by Costs
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Total Cost
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Budget Modification
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Total Cost
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Purchase Price/Acquisition Cost
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$8,573,360.40
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(264,726.00)
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$8,308,634.40
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Closing Costs
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$128,600.41
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53,000.00
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$181,600.41
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Appraisal Fees
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$42,750.00
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11,800.00
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$54,550.00
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Demolition Cost
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$456,000.00
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50,000.00
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$506,000.00
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Relocation Costs/Supplement
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$1,316,789.19
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134,000.00
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$1,450,789.19
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Moving Expenses
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$142,500.00
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15,926.00
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$158,426.00
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Total Budget
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$10,660,000.00
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$0.00
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$10,660,000.00
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Budget by Neighborhoods
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Total Project Cost
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Budget Modification
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Total Project Cost
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Braeburn Glen
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$6,000,000.00
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(3,232,090.73)
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$2,767,909.27
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Glenburnie & Cashiola
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$2,860,000.00
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$605,235.76
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$3,465,235.76
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Langwood
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$1,800,000.00
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$2,626,854.97
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$4,426,854.97
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Total Budget
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$10,660,000.00
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$0.00
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$10,660,000.00
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No fiscal note is required for grant items.
This item was reviewed by the Housing and Community Affairs Committee on August 11, 2020.
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Tom McCasland, Director |
| | | | | | | | Prior Council Action:
10/24/17 (O) 2017-833
2/11/2020 (O) 2020-050 |
| | | | | | | | Contact Information:
Roxanne Lawson
(832) 394-6307 |
ATTACHMENTS: | Description | Type | Coversheet | Signed Cover sheet |
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