HomeMy WebLinkAboutResolution - 2022-R0113 - Amendment No. 1 Community Development Contract 16002 with LHFC (CDBG CARES)Resolution No. 2022-RO113
Item No. 7.9
March 8, 2022
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 the Community Development
Block Grant Funding Agreement 16002, and all related documents, between the City of
Lubbock and Lubbock Housing Finance Corporation (LHFC) to provide mortgage assistance
for qualified persons. Said Amendement 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 March 8, 2022 nl
DANIEL M. POPE, MAYOR
ATTEST:
Reb ca Garza, City Secr tart'
APPROVED AS TO CONTENT:
Karen Murfee, Community DevVopment Director
APPROVED AS TO FORM:
I & � -
elli Leisure, Assistant elty Attorney
ccdocs/RES. Amendment # 1 CDBG Contract 16002 - Lubbock Housing Finance Corp.
2.21.22
Resolution No. 2022-RO113
AMENDMENT I
COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG), CORONAVIRUS AID,
RELIEF AND ECONOMIC SECURITY ACT CARES (CARES) FUNDING
AGREEMENT
BETWEEN
THE CITY OF LUBBOCK
AND
LUBBOCK HOUSING FINANCE CORPORATION
MORTGAGE ASSISTANCE
This Community Development Block Grant Coronavirus Relief and Economic Security Act
CARES (CDBG / CARES) Funding Agreement (the "Agreement"), Contract No. 16002, is made
by and between the City of Lubbock, a State of Texas home rule municipal corporation (the
"City") and the LUBBOCK HOUSING FINANCE CORPORATION, (the "Grantee"), (each
a "Party," and collectively the "Parties") acting by and through the Parties' representative
officers and officials, and is hereby entered into by the Parties on this $th day of March
2022 (the "Effective Date").
RECITALS
WHEREAS, the City is obligated to do and perform certain services in its undertaking of a
Community Development Block Grant Coronavirus Aid, Relief and Economic Security Act
(CDBG / CARES) Program, Public Law 116-136. Funds are to be used to prevent, prepare for
and
respond to coronavirus pandemic (COVID-19). Coronavirus means SARS-CoV-2 or another
coronavirus with pandemic potential, as defined by section 23005 of the CARES Act; and
WHEREAS, the Grantee operates a non-profit center offering services to individuals and
families throughout Lubbock, Texas; and
WHEREAS, the Grantee proposes to use the funds in order to provide individuals and families
Mortgage Assistance (the "Program"); and
WHEREAS, the Grantee's services benefit residents in Lubbock, Texas and constitute a
valuable public service, and the City Council of the City (the "City Council") has declared the
services provided by the City to be a public purpose; and
WHEREAS, the accomplishment of the above public purpose is the predominate purpose of this
Agreement; and
WHEREAS, the continuing supervision by the City with statutory and contractual requirements
provide sufficient assurance that the public purpose of this Agreement will be accomplished; and
WHEREAS, the City Council has found that the Grantee has the special expertise, knowledge,
and experience necessary for the operation of the Program; and, that the City will receive
adequate consideration in the form of substantial public benefit; and
NOW, THEREFORE: THE PARTIES, FOR GOOD AND VALUABLE
CONSIDERATION, AGREE AS FOLLOWS:
2021 CDBG / CARES Amendment I — City of Lubbock & Lubbock Housing Finance Corp. Page 1
AMENDMENT
Article 1. The language in Article II `Term of the Agreement' of the Agreement shall be
replaced with the following:
"This Agreement shall take effect on October 1, 2021, and shall terminate on September
30, 2023, unless otherwise cancelled or modified according to the Terms of this
Agreement."
Article 2. The language in Article IV `Disbursement of Funds' of the Agreement shall be
replaced with the following:
"The City agrees to reimburse Grantee when, if and to the extent Federal funds are
received under provisions of the Act a sum up to and not to exceed seven hundred
thousand dollars ($700,000) for the Grantee's performance of the Scope of Work in
accordance with the Budget attached hereto as Exhibit A.) "
Article 3. The language in Article IV.A `The Payment' shall be replaced with the following:
"Payment is subject to the receipt and approval of such invoices and monthly activity
reports, as hereinafter more fully set forth below under Reporting, with the final Payment
being due and payable upon the receipt of an invoice and report for the last month of the
term of this Agreement and the City's approval thereof, which invoice and report shall be
due on or before October 10, 2023 following the expiration of the term of this
Agreement. "
Article 4. The language in Exhibit A `Budget' of the Agreement shall be replaced with the
following:
"The budget for this program is $700, 000"
Article 5. The language in Exhibit A `Term' of the Agreement shall be replaced with the
following:
"The term of the Agreement is from October 1, 2021 to September 30, 2023 for eligible
expenses incurred. "
This Amendment shall become effective upon execution by the Parties. The remainder of the
Agreement shall remain in full force and effect accept as changed herein.
2021 CDBG / CARES Amendment I - City of Lubbock & Lubbock Housing Finance Corp. Page 2
SIGNATURES
FOR: THE CITY OF LUBBOCK:
DANIEL M. POPE, MAYOR
ATTEST:
Rebe ca Garza, City Secre ry
-)
APPROVED AS TO CONTENT:
Karen Murfee, Community Deve opment Director
APPROVED AS TO FORM:
elli Leisure, Assistant City Attorney
FOR: LUBBOCK HOUSING FINANCE
CORPORATION
Flynn, Executive
FED.I.D. #75-1889217
2021 CDBG / CARES Amendment I — City of Lubbock & Lubbock Housing Finance Corp. Page 3