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HomeMy WebLinkAboutResolution - 2017-R0352 - NELCDC Amendment 1 - 09/28/2017Resolution No.2017-R0352 Item No.6.11 September 28,2017 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock is hereby authorized and directed to execute for and on behalf of the City of Lubbock,Amendment No. 1 to that certain Homebuyer New Construction Agreement and all related documents by and between the City of Lubbock and the North and East Lubbock Community Development Corporation,dated December 3,2015.Said Amendment is attached hereto and incorporated in this resolution as if fully set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on September 28, 2017 ATTEST: Rebecca Garza, City Secretary j APPROVED AS TO CONTENT: City Manager ?ORM: JustiVi^ruilit,Assis/ant City Attorney DANIEL M.POPE,MAYOR ccdocs/RES.Amendment 1- Homebuyer New Construction Agreement -NELCDC September 18,2017 Resolution No. 2017-RO352 FIRST AMENDMENT TO HOMEBUYER NEW CONSTRUCTION AGREEMENT This First Amendment (the "Amendment") to the Homebuyer New Construction Agreement (the "Agreement") is made by and between the City of Lubbock, a State of Texas home rule municipal corporation (the "Grantee"), and the North & East Lubbock Community Development Corporation, a State of Texas not for profit organization (the "Subrecipient") (collectively, the "Parties"), acting by and through the Parties' representative officers and officials, and is entered into by the Parties on raml,Pr �R , 2017 (the "Effective Date"). RECITALS WHEREAS, the City and the Subrecipient executed the Agreement on December 3, 2015; and WHEREAS, the City and the Subrecipient desire to amend the Agreement to extend the term of the Agreement; and NOW THEREFORE, the City and the Subrecipient hereby amend the Agreement as follows: AMENDMENT Article 1. The language in Section II.B., on page 2 of the Agreement, entitled "Terms and Conditions of the Funding," shall be replaced with the following language: "B. Term of Agreement — This agreement shall take effect upon being signed and dated by both the SUBRECIPIENT and GRANTEE with the date of the last signature representing the beginning of the term. Unless otherwise extended by written agreement, the agreement will expire on September 30, 2018. Following the expiration of the term, SUBRECIPIENT shall not be entitled to receive any additional HOME funds but will continue to be obligated to fulfill any responsibilities to the GRANTEE related to reporting, maintenance of records, providing access to records for monitoring, other similar duties." Article 2. The language in Section II.F.3, on page 6 of the Agreement, entitled "Terms and Conditions of the Funding," shall be replaced with the following language: "3. Project Expenditure Deadlines— All project activities and all expenditures of HOME funds must be completed by September 30, 2018. If checked, the additional interim deadlines apply to project expenditures: [X] 50% of HOME funds expended and drawn by 9/30/2018 [ ] 75% of HOME funds expended and drawn by [XI 100% of HOME funds expended and drawn by 9/30/2018" Article 3. This Amendment shall become effective upon execution by the Parties. The remainder of the Agreement shall remain in full force and affect except as changed herein. [Signatures on following page] First Amendment to Homebuyer New Construction Agreement — COL & NELCDC — September 2017 Page 1 SIGNATURES FOR: THE CITY OF LUBBOCK DAN L M. POPE, MAYOR ATTEST: 0"0" d .4--- '�/ Rebe ca Garza, City Secretar APPROVED AS TO CONTENT: KUU41�� Karen Murfee, Community Development Director APPROVED AS TO FORM: FOR: THE NORTH & EAST LUBBOCK COMMUNITY DEVELOPMENT CORPORATION onique Leman; Executive Director Cosby Mor , Board Chairman FED. I.D.# ] l-Dq j J j b3 First Amendment to Homebuyer New Construction Agreement— COL & NELCDC— September 2017 Page 2 CERTIFICATE OF INTERESTED PARTIES FORM 1295 1of1 Complete Nos. 1- 4 and 6 if there are interested parties. OFFICE USE ONLY Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. CERTIFICATION OF FILING Certificate Number: 2017-263364 1 Name of business entity filing form, and the city, state and country of the business entity's place of business. North & East Lubbock CDC Lubbock, TX United States Date Filed: 09/20/2017 2 Name of governmental entity or state agency that is a party to the contract for which the form is being filed. City of Lubbock Date Acknowledged: 3 Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. 12955 Community Development services including housing and credit counseling, and the construction of affordable housing. 4 Name of Interested Party City, State, Country (place of business) Nature of interest (check applicable) Controlling I Intermediary City of Lubbock Lubbock, TX United States X X 5 Check only if there is NO Interested Parry. ❑ 6 AFFIDAVIT I swear, or affirm, under penalty of perjury, that the above disclosure is true and correct. :10 DELICIA CAMILLE McCOY 110,0 NOTARY PUBLIC • STATE OF TEXAS ID1130878736 ? Shy COMM. EXP. 10-28-2020 Signa of authorized agent of contracting business entity , 111t AFFIX NOTARY STAMP / SEAL ABOVE Sworn to and subscribed before me, by the said �dln Lqju �. C,o��agyl this the DQ� day of 20to certify which, witness my hand and seal of office. Signature of officer administering oath 0 Printed name of officer administering oath Title of officer administering oath corms provlaea oy I exas tinics uommission www.etnlcs.stateAx.us Version V1.0.3337 CERTIFICATE OF INTERESTED PARTIES FORM 1295 1 of 1 Complete Nos. 1- 4 and 6 if there are interested parties. Complete Nos. 1, 2, 3, 5, and 6 if there are no interested parties. OFFICE USE ONLY CERTIFICATION OF FILING Certificate Number: 2017-263364 Date Filed: 09/20/2017 Date Acknowledged: 09/27/2017 1 Name of business entity filing form, and the city, state and country of the business entity's place of business. North & East Lubbock CDC Lubbock, TX United States 2 Name of governmental entity or state agency that is a party to the contract for which the form is being filed. City of Lubbock 3 Provide the identification number used by the governmental entity or state agency to track or identify the contract, and provide a description of the services, goods, or other property to be provided under the contract. 12955 Community Development services including housing and credit counseling, and the construction of affordable housing. 4 Name of Interested Party City, State, Country (place of business) Nature of interest (check applicable) Controlling I Intermediary City of Lubbock Lubbock, TX United States X X 5 Check only if there is NO Interested Party. ❑ 6 AFFIDAVIT I swear, or affirm, under penalty of perjury, that the above disclosure is true and correct. Signature of authorized agent of contracting business entity AFFIX NOTARY STAMP / SEAL ABOVE Sworn to and subscribed before me, by the said this the day of 20 , to certify which, witness my hand and seal of office. Signature of officer administering oath Printed name of officer administering oath Title of officer administering oath I-orms provided by Texas Ethics Commission www.ethics.state.tx.us Version V1.0.3337