HomeMy WebLinkAboutResolution - 2020-R0322 - Amendment 1 to Community Development HOME Agreement 14788Resolution No. 2020-RO322
Item No. 7.17
September 22, 2020
RESOLUTION
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, the First Amendment to the Community Housing Resource
Board Agreement (Contract #14788) for the funding of an affordable rental housing program,
by and between the City of Lubbock and the Community Housing Resource Board and 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 on September 22 , 2020.
"IV
DANIEL M. POPE, MAYOR
AT EST:
Re ecca Garza, City Secretary
APPROVED AS TO CONTENT:
Karen Murfee, Community Deveypment Director
APPROVED AS TO FORM:
Amy L ms, Deputy City Attorney
Resolution No. 2020-RO322
FIRST AMENDMENT TO COMMUNITY HOUSING RESOURCE BOARD
AGREEMENT
This First Amendment (the "Amendment") to the City of Lubbock HOME Investment
Partnership Program Funding Agreement (the "Agreement") Contract No. 14788 is made by and
between the City of Lubbock, a State of Texas home rule municipal corporation (the "City"),
and the Community Housing Resource Board (CHRB), (the "Grantee"), (collectively, the
"Parties"), acting by and through the Parties' representative officers and officials, and is entered
into by the Parties on September 22, 2020 (the "Effective Date").
WHEREAS, the City and the Subrecipient executed the Agreement on June 25, 2019; and
WHEREAS, the City and the Subrecipient desire to amend the Agreement to the Budget of the
Agreement; and
NOW THEREFORE, the City and the Grantee hereby amend the Agreement as follows:
AMENDMENT
Article 1. The language in Article I. Section A., on page 2 of the Agreement, entitled "Activities,"
shall be replaced with the following language:
"A. Activities
The Grantee will be responsible for administering a HOME funded Affordable Rental
Housing Program and CHDO Operating Funds in a manner satisfactory to the City and
consistent with any standards required as a condition of providing these funds. Such program
will include the following activities eligible under the HOME Investment Partnership Program.
Specifically, the Grantee shall with the sum of allocated HOME Program funding (see III.
Budget) One Hundred Fifty Thousand dollars ($150,000) to pay for the acquisition and
rehabilitation of existing houses for affordable rental housing for low to moderate income
households and Twenty -Five Thousand dollars ($25,000) to provide administrative funds to
operate CHDO programs."
Article 2. The language in Article I. Section F., on page 5 of the Agreement, entitled "Levels of
Accomplishment," shall be replaced with the following language:
F. Levels of Accomplishment
In addition to the normal administrative services required as part of this Agreement, the
Grantee agrees to provide the following levels of program Services:
Pry Timeline Accomplishments
Affordable Housing 10/1/2018-9/30/2021 Acquisition and Rehabilitation of existing
houses to
provide affordable rentals to low to moderate
income households.
CHDO Operating 10/l/2018-9/30/2021 Funding to operate CHDO Project
Article 3. The language in Article II., on page 6 of the Agreement, entitled "Time of
Performance," shall be replaced with the following language:
"II. Time of Performance
Services of the Grantee shall start on the 1 st day of October 2018, and end on the 30th day
of September 2021. The term of this Agreement 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 Program
funds or other assets, including program income."
Article 4. The language in Article III., on page 6 of the Agreement, entitled "Budget," shall
be replaced with the following language:
"III. BUDGET:
Line Item: Funding Year(sI- Amount:
Acquisition and
2018-2020
$150,000
Rehabilitation
CHDO Operations
2018-2020
$255000
Total:
$1759,000
Article 5. The language in Article IV, second (2" d) paragraph on page 6 of the Agreement,
entitled "Payment," shall be replaced with the following language:
"IV. Payment
It is expressly agreed and understood that the total amount to be paid by the City under this
Agreement shall not exceed One Hundred Seventy -Five Thousand dollars $175,000 for the
Affordable Rental Housing Program. Drawdowns for the payment of eligible expenses shall
be made against the line item budgets specified in Paragraph III herein and in accordance with
performance. Expenses for general administration shall also be paid against the line item
budgets specified in Paragraph III and in accordance with performance.
This Amendment shall become effective upon execution by the Parties. The remainder of the
Agreement shall remain in full force and affect except as changed herein.
[Signatures on following page]
SIGNATURES
FOR: CITY OF LUBBOCK FOR: COMMUNITY HOUSING
RESOURCE BOARD
DANIEL M. POPE, MAYOR
ATTEST: \%
Rebecca Garza, City Secretary
APPROVED AS TO CONTENT:
Karen Murfee, Community De'v6lopment Director
APPROVED AS TO FORM:
Amy SjD City Key
Maggie re; , Executive biror
dco-�AF
Sammy R. HarpEr, President
FED. I.D. # 75-2052605