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.
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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
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KAREN MURF E
EXECUTIVE DIRECTOR
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APPROVED AS TO CONTENT:
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Bill Howerton, Jr., C mmunity Development Director