HomeMy WebLinkAboutResolution - 2007-R0485 - Contract - HUD - HOME, Operations, Lease Purchase, Construction, Etc. - 10/25/2007Resolution No. 2007-80485
October 25, 2007
Item No. 5.5
RESOLUTION
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to
execute for and on behalf of the City of Lubbock, a Contract, by and between the City of
Lubbock Community Development Department and the U.S. Department of Housing and Urban
Development (HUD) from the Home Investment Partnerships Grant (HOME) Program for
operations, lease purchase, new construction, rehab/recon, direct delivery and administration, and
all related documents. Said contract 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 this 25th day of October , 2007.
DAVID A. MILLER, MAYOR
ATTEST:
RebeEca Garza, City Secretary
APPROVED AS TO CONTENT:
Bill Howerton, Jr.
Community Developme
APPROVED AS TO
gs/ccdocs/HOME-US Dept of Housing&Urban Dev
October 4, 2007
Funding Approval and HOME U.S. Department of Housing
and Urban Development
Investment Partnerships Agreement Office of Community Planning
Title II of the National Affordable Housing Act and Development
OMB Approval No. 2506-0171
(Exp. 05/3112007)
Resolution No. 2007—RO485
Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching
existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information This agency may not conduct or
sponsor, and a person is not required to respond to, a collection of information unless that collection displays a valid OMB control number.
The HOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the
owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their
programs. 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each
participant meets the HOME statutory income targeting and affordability requirements; and 4) to permit HUD to determine compliance with other statutory
and regulatory program requirements. This data collection is authorized under Title II of the Cranston -Gonzalez National Affordable Housing Act or related
authorities. Access to federal grant funds is contingent on the reporting of certain project -specific data elements. Records of information collected will be
maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available for
disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required.
1. Participant Name and Address
City of Lubbock
P. O. Box 2000
Lubbock, TX 79408-2000
2. Participant Number
M07 -MC -480205
3. Tax Identification Number
756000590
4. Appropriation Number
867190205
5. FY (yyyy)
2007
6. Previous Obligation (Enter "0" for initial FY allocation)
$
a. Formula Funds $
b. Community Housing Development Org. (CHDO) Competitive $
7. Current Transaction (+ or -)
$ 1,191,017
a. Formula Funds
$ 1,191,017
1. CHDO (For deobligations only)
$
2. Non- CHDO (For deobligations only)
$
b. CHDO Competitive Reallocation or Deobligation (see #18 below)
$
8. Revised Obligation
$
a. Formula Funds
$
b. CHDO Competitive Reallocation
$
9. Special Conditions (check applicable box)
® Not applicable ❑ Attached
10. Date of Obligation (Congressional Release Date)
(mm/dd/yyyy) / /''4 1
This Agreement between the Department of Housing and Urban Development (HUD) and the Participating Jurisdiction/Entity is made pursuant to the
authority of the HOME Investment Partnerships Act (42 U.S.C. 12701 et seq.). The Participating Jurisdiction's /Entity's approved Consolidated Plan
submission/Application and the HUD regulations at 24 CFR Part 92 (as is now in effect and as may be amended from time to time) and this HOME
Investment Partnership Agreement, form HUD -40093, including any special conditions, constitute part of this Agreement. Subject to the provisions of this
Agreement, HUD will make the funds for the Fiscal Year specified, available to the Participating Jurisdiction/Entity upon execution of this Agreement by the
parties. All funds for the specified Fiscal Year provided by HUD by formula reallocation are covered by this Agreement upon execution of an amendment
by HUD, without the Participating Jurisdiction's execution of the amendment or other consent. HUD's payment of funds under this Agreement is subject to
the Participating Jurisdiction's/Entity's compliance with HUD's electronic funds transfer and information reporting procedures issued pursuant to 24 CFR
92.502. To the extent authorized by HUD regulations at 24 CFR Part 92, HUD may, by its execution of an amendment, deobligate funds previously
awarded to the Participating JurisdictionlEntity without the Participating Jurisdiction's/Entity's execution of the amendment or other consent. The
Participating Jurisdiction/Entity agrees that funds invested in affordable housing under 24 CFR Part 92 are repayable when the housing no longer qualifies
as affordable housing. Repayment shall be made as specified in 24 CFR Part 92. The Participating Jurisdiction agrees to assume all of the responsibility
for environmental review, decision making, and actions, as specified and required in regulation at 24 CFR 92.352 and 24 CFR Part 58.
11. For the U.S. Department of HUD (Name and Title of Authorized Official) 12' Signature kDo��
t 13. Date
Katie S. Worsham, Director, CPD OCT/ 3 cW
14. For the Participating Jurisdiction/Entity (Name and Title of Authorized Official) 15. Signatur 16. Date
David A. Miller, Mayor Oct. 125 /2007
17. Check one
❑ Initial Agreement ❑ Amendment #
18. Funding Information:
Source of Funds Appropriation Code PAS Code Amount
FY 2007 ADDI 867190205 HMG $ 25,110
FY 2007 HOME 867/90205 HMC $ 1,165,907
form HUD -40093 (0412004)