HomeMy WebLinkAboutResolution - 2020-R0323 - Amendment 1 to Community Development HOME Agreement 14787Resolution No. 2020-RO323
Item No. 7.18
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 City of Lubbock Housing
Initiatives Agreement (Contract #14787) for the funding of an affordable rental housing
program, by and between the City of Lubbock and the City of Lubbock Housing Initiatives 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
DANIEL M. POPE, MAYOR
ATTEST:
Reb a Garza, City Secretary
APPROVED AS TO CONTENT:
Karen Murfee, Community Deve pment Director
APPROVED AS TO FORM:
Amy LOi ns, Deputy City A y
Resolution No. 2020-RO323
FIRST AMENDMENT TO CITY OF LUBBOCK HOUSING INITIATIVES
AGREEMENT
This First Amendment (the "Amendment") to the City of Lubbock HOME Investment
Partnership Program Funding Agreement (the "Agreement") Contract No.14787 is made by and
between the City of Lubbock, a State of Texas home rule municipal corporation (the "City"),
and the City of Lubbock Housing Initiatives (CLHI), (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").
RECITALS
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 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 Million dollars
($1,000,000) pay for the acquisition of existing houses to be rehabilitated and operated as
affordable rental housing for low to moderate income households."
Article 2. The language in Article I. Section F., on page 4 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/l/2018 - 9/30/2021 Acquisition and Rehabilitation of
existing LHA houses to provide
affordable rentals to low to moderate
income households."
Article 3. The language in Article II. on page 5 of the Agreement, entitled "Time of
Performance," shall be replaced with the following language:
"Services of the Grantee shall start on the 1 st day of August 2019, 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 5 of the Agreement, entitled "Budget" shall be
replaced with the following language:
"III. Budget:
Line Item: Funding Years : Amount:
Rehabilitation 2018-2021 $19000,000
Total: $11,000,000
Article 5. The language in Article IV, second (2nd) 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 Million dollars $1,000,000 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]
FOR: THE CITY OF LUBBOCK
tlt� -
DANIEL M. POPE, MAYOR
ATTEST:
r4AW( goe-
Rebecca Garza, City geeretary
APPROVED AS TO CONTENT:
Karen Murfee, Community Development Director
APPROVED AS TO FORM:
s, Deputy City Attorney
FOR: THE CITY OF LUBBOCK
HOUSING INITIATIVES
'MICIIAEL CHAPMAN, SE RETARY
FED. I.D. #75-2507379