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HomeMy WebLinkAboutResolution - 2019-R0340 - Amendment To Community Development Block Grant Funding Agreement - 09/24/2019 Resolution No. 2019-RO340 Item No. 6.21 September 24, 2019 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, an Amendment to a Community Development Block Grant Funding Agreement, by and between the City of Lubbock and East Lubbock Resident Owned Business Initiative and related documents. Said Agreement is attached hereto and incorporated in this resolution as if frilly set forth herein and shall be included in the minutes of the City Council. Passed by the City Council on September 24, 2019 DANIEL M. POPE, MAYOR ATTEST: eb cca Garza, City Secr tary APPROVED AS To CONTENT: A<a��0-4 Karen Murfee, Community De lopment Director APPROVED AS TO FORM: AmyS• ns, eputy Cit Resolution No. 2019-RO340 AMENDMENT TO COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING AGREEMENT BETWEEN THE CITY OF LUBBOCK AND EAST LUBBOCK RESIDENT OWNED BUSINESS INITIATIVE This amendment to Agreement is entered into between the City of Lubbock, a Texas municipal corporation (hereinafter called "the City") and East Lubbock Resident Owned Business Initiative (hereinafter called "Contractor"). WHEREAS, the Contractor and the City have previously entered into an Agreement dated May 14, 2019 (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) Article2 of the Agreement entitled "Time of Performance" is hereby amended as follows: Services of the Grantee shall start on the first (1") day of October, 2018, and end on the thirtieth () ) day of March, 2020 (the "Term"). The Term and the provisions of this Agreement 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 the Funding or other assets, including income from the Program. 2) Except as expressly modified or amended herein, all terms and provisions of the Original Agreement shall be and remain in full force and effect as therein written. IN WITNESS HEREOF, the parties have executed this Agreement as of this 4th day of September 2019. FOR:=POPE, FOR: E ROBI DANIReg ee Dial, Director ATTEST: Rebe ca Garza, City Secret Christop�e Moore, B r President FED.I.D# 2-0600054 1 APPROVED AS TO CONTENT: "dtU,-- Karen'Murfee, Community DevWopment Director APPROVED AS TO FORM: Amy Sims, Lit y 7