HomeMy WebLinkAboutResolution - 2012-R0369 - Amendment To Contract - NEL CDC - HOME Down Payment And Closing Cost Program - 09_27_2012Resolution No. 2012—RO369
September 27, 2012
Item No. 5.17
RESOLUTION
3E 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, an Amendment to a Contract by and between the City of
.ubbock and the North and East Lubbock Community Development Corporation for the HOME
)own Payment and Closing Cost Program, and all related documents. Said Amendment is
ittached hereto and incorporated in this Resolution as if fully set forth herein and shall be
ncluded in the minutes of the City Council.
I Passed by the City Council this
ATTEST:
September 27 _2012
D'* 0-'0' -f-'Z , "
Rebec a Garza, City Secretary C)
APPROVED AS TO CONTENT:
P 4yIVBrown, Interim Community Development Director
APPROVED AS TO FORM:
Amy Sims, Ci
gslamendment-N&B Lubb CD -HOME Down Payment&Closing Cost.res
8.16.12
ResolutionNo. 2012—RO369
STATE OF TEXAS
CONTRACTOR OF LUBBOCK §
AMENDMENT TO COMMUNITY DEVELO
NORTH & EAST LUBBOCK COMMUNITY DEVELO
This amendment to Agreement is entered into this 27th day of September 2012
between the City of Lubbock, a Texas municipal corporation (hereinafter called "the City")
and North & East Lubbock Community Development Corporation a non-profit corporation
(hereinafter called "Contractor').
WHEREAS, the Contractor and the City have previously entered into an Agreement
dated November 5, 2009 (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 I" day of October 2009, and end on
the 30`h day of September 2014. The terms of this Amendment and the
provisions herein shall be extended to cover the period of affordability
required as specified under 24 CFR 92.254 and any additional time period
during which the Grantee remains in control of HOME funds or other assets,
including program income.
2009-10 I IOME Funding Contract Amendment
North & East Lubbock Community Development Corporation
Page 1 of I
Executed the 27th of September 2012 as first written as affected as provided
herein.
CITY OF LUBBOCK
Glen o ertson
MAYOR
ATTEST:
Re cca Garza, City Secretar
' MA .�•
,01110 IN :••:� i
OMMUNITY
RATION
Federal I.D.# l %LLD
APPROVED AS TO CONTENT:
Phyllis rown, Interim Community Development Director
APPROVED AS TO FORM:
Amy t -Attorney
2009-10 HOME Funding Contract Amendment
North & East Lubbock Community [development Corporation
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