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HomeMy WebLinkAboutResolution - 2019-R0045 - HUD For HOME - 02/25/2019Resolution No. 2019-R0045 Item No. 7.12 February 25, 2019 RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the acts of the Mayor of the City of Lubbock in executing, on behalf of the City of Lubbock, Contract 14552 by and between the City of Lubbock and the U.S. Department of Housing and Urban Development for the Home Investment Partnerships Grant, and related documents are hereby ratified in full. 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 on February 25, 2019 DANIEL M. POPE, 94AYOR ATTEST: ,Q Reb cca Garza, City Sect to APPROVED AS TO CONTENT: AD ee City Manager APPROVED AS TO FORM: l Amy . ims, Deputy Ci orney als/RES.HUD HOME Contract Ratification 021519 Funding Approval and HOME Investment Partnerships Agreement Title II of the National Affordable Housing Act U.S. Department of Housing and Urban Development Office of Community Planning and Development 1. Participant Name and Address City Of Lubbock Po Box 2000 Lubbock, TX 2. Grant Number: M18-MC480205 3a Tax Identification Number: 756000590 3b. Unique Entity Identifier (formerly DUNS): 058213893 4. Appropriation Number 86 8/1 0205 5. FY (yyyy) 2018 6. Previous Obligation (Enter "0" for initial FY allocation) $0.00 a. Formula Funds $975,878.00 b. Community Housing Development Org. (CHDO) Competitive $ 7. Current Transaction (+ or -) $975,878.00 a. Formula Funds $975,878.00 1. CHDO (For deobligations only) $ 2. Non- CHDO (For deobligations only) $ b. CHDO Competitive Reallocation or Deobligation $ 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): 11. Indirect Cost Rate* 1 12. Period of Performance: Administering Agency/Dept. Indirect Cost Rate Direct Cost Base I Date in Box #10 - 09/01/2026 % ' If funding assistance will be used for payment of indirect costs pursuant to 2 CFR 200, Subpart E-Cost Principles, provide the name of the departmentlagency, its indirect cost rate (including if the de minimis rate is charged per 2 § CFR 200.414), and ° the direct cost base to which the rate will be applied. Do not include cost rates for /O subrecipients. 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 Jurisdiction/Entity 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. The Grantee shall comply with requirements established by the Office of Management and Budget (OMB) concerning the Universal Numbering System and System for Award Management (SAM) requirements in Appendix A to 2 CFR part 25, and the Federal Funding Accountability and Transparency Act (FFATA) in Appendix A to 2 CFR part 170. The Period of Performance for the funding assistance shall begin on the date specified in item 12 and shall end on September 1s` of the 51' fiscal year after the expiration of the period of availability for obligation. Funds remaining in the account will be cancelled and thereafter not available for obligation or expenditure for any purpose. Per 31 U.S.C. 1552. The grantee shall not incur any obligeugns to be paid with such assistance after the end of the Period of Performance. 13. For the q.S. Department 9f HU (Name and Title of Authorized Official) 14 Sign to 15. Date Shirley uni Development Director HFZ ^C+ tbj9 16. For the Participating Jurisdiction/E ity (Name and Title of Authorized Officia 17. Sign ure 18. Date �ibv. /c/ f q 19. Check one: ® Initial Agreement ❑ Amendment # 20. Funding Information: HOME Source of Funds Appropriation Code PAS Code Amount 2018 86 8/1 0205 HMF $974,772.00 2017 86 7/0 0205 HMF $ 287.00 2016 86 6/9 0205 HMF $ 819.00 Page 1 form HUD-40093