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HomeMy WebLinkAboutResolution - 2007-R0456 - Amendment To Contract - CHRB - Lease/Purchase XI Program - 09/27/2007Resolution No. 2007-80456 September 27, 2007 Item No. 5.18 RESOLUTION ESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: 'HAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to for and on behalf of the City of Lubbock, an Amendment to a Community Development Contract, by and between the City of Lubbock and the Community Housing Resource fund the Lease/Purchase XI Program, and all related documents. Said Amendment is hereto and incorporated in this Resolution as if fully set forth herein and shall be ,included in the minutes of the City Council. by the City Council this 27th ATTEST: Garza, City VED AS TO day of September , 2007. DAVID A. ILLER, MAYOR Bill Howerton, Jr., Cozzi pity Development Director APPROVED AS T FORM: 4 �,y s 1 Attorney Esfamendment-CDSB-Lease-Purchase XI Program.res September 10, 2007 STATE OF TEXAS CONTRACTOR OF LUBBOCK ING Resolution No. 2007-RO456 DEVELOPMENT RESO This amendment to Agreement is entered into this 27 th day of September, 2007 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 January 12, 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 12th day of January, 2006, and terminate on the 30th 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 27th of. September , 2007 as first written as affected as provided herein. CITY OF LUBBOCK COMMUNITY HOUSING OURCE BOARD DAVID A MILLER KAREN MURFEE MAYOR EXECUTIVE DIRECTOR Federal I.D.# a (p �j ATTEST: Web&ca Garza, City Secretary APPROVED AS TO CONTENT Bill owerton, Jr., Co Development Director