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HomeMy WebLinkAboutResolution - 2008-R0376 - Amendment To Community Development Contract - CHRB - 09_25_2008Resolution No. 2008—RO376 September 25, 2008 Item No. 5.22 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, an Amendment to a Community Development Funding Contract, by and between the City of Lubbock and the Community Housing Resource Board (CHRB) to fund the Lease/Purchase XII Program, and all related documents. 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 this 25th ATTEST: Rebe ca Garza, City Secretary day of September , 2008. e/ j04 ,/--�'4 TOM MARTIN, MAYOR APPROVED AS TO CONTENT: Bill Howerton, Jr., Community evelopment Director APPROVED AS TO FORM: gs/ccdocs-Amendment (CHRB) Lease -Purchase XII Prog.res 09.10.08 Resolution No. 2008-RO376 STATE OF TEXAS § CONTRACTOR OF LUBBOCK. § This amendment to Agreement is entered into this 25 th day of September, 2008 between the City of Lubbock, a Texas municipal corporation (hereinafter called "the City") and Community Housing Resource Board, a non-profit corporation (hereinafter called "Contractor"). WHEREAS, the Contractor and the City have previously entered into an Agreement dated October 1, 2006 (hereinafter called "the Agreement"); and WHEREAS, the City and the Contractor hereby desire to amend said agreement. NOW THEREFORE, the City and the Contractor hereby agree to amend the Agreement as follows: 1) Paragraph II Time of Performance of the Agreement is hereby amended as follows: Services of the Grantee shall start on the 1 S` day of October, 2006, and terminate on the 301h day of September, 2009. The terms of this Amendment and the provisions herein shall be extended to cover any additional time period during which the Grantee remains in control of HOME funds or other assets, including program income. 2) This amendment to the Agreement shall be effective upon execution. The remainder of the Agreement shall remain in full force and affect except as changed herein. Executed the 25th of September, 2008 as first written as affected as provided herein. CITY OF LUBBOCK TOM MARTIN MAYOR ATTEST: Rebeg,ta Garza, City Secretary COMMUNITY HOUSING SOURCE B ARD I �Ixhj� KAREN MURF E EXECUTIVE DIRECTOR Federal I.D.# dVc 6A1y 0 - APPROVED AS TO CONTENT: -1 0 n4ia��e Bill Howerton, Jr., C mmunity Development Director