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Home My WebLink About16313 ORD - 06/10/1981TEXAS: AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT ADDEN- DUM TO THE CURRENT CONTRACT BETWEEN THE CITY AND THE COMMUNITY DEVELOPMENT CORPORATION OF CORPUS CHRISTI FOR THE PURPOSE OF AMENDING THE DEMONSTRATION HOUSING REHAB- ILITATION FUND TO THE COMMUNITY DEVELOPMENT CORPORATION (CDC), A SUBSTANTIAL COPY OF WHICH ADDENDUM IS ATTACHED HERETO AND MADE A PART HEREOF, MARKED EXHIBIT "A"; APPRO- PRIATING $100,000 FROM THE FOURTH YEAR COMMUNITY DEVEL- OPMENT BLOCK GRANT FUNDS THAT HAVE BEEN PREVIOUSLY APPROVED FOR IMPLEMENTATION AND OPERATION OF SAID REHA- BILITATION PROGRAM, $28,918 OF WHICH HAS BEEN PREVIOUSLY COMMITTED TO THE PROJECT; AUTHORIZING THE CITY MANAGER TO EXECUTE ALL RELATED DOCUMENTS IN THE IMPLEMENTATION AND CONTINUATION OF THE AFORESAID PROGRAM; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, SECTION 1. That the City Manager be and he is hereby authorized to execute a contract addendum to the current contract between the City of Corpus Christi and the Community Development Corporation of Corpus Christi for the purpose of amending the. Demonstration Housing Rehabilitation Handbook to plan control of the Revolving Rehabilitation Fund to the Community Development corporation (CDC), all as more fully set forth in the addendum, a substantial copy of which is attached hereto and made a part hereof, marked Exhibit "A". SECTION 2. That there is hereby appropriated from the Fourth Year Community Development Block Grant Funds previously approved, the sum of $100,000 for implementation and operation of said rehabilitation program, $28,918 of which hasbeen previously committed to the project. SECTION 3. That the City Manager be authorized to execute all related documents in the implementation and continuation of the aforesaid program. SECTION 4. The necessity to authorize execution of the aforesaid contract addendum and any other related documents as well as the appropriation of sums necessary to implement and continue the said program creates a public necessity requiring the suspension of the Charter rule that no ordinance or resolution shall be passed finally on the date of its introduction but that such ordinance or resolution shall be read at three several meetings of the SCNIFUED 16313 SEP 2 7 1984 City Council and the Mayor or Council members, having declared that such necessity exists, having requested the suspension of the Charter rule and that this ordinance be passed finally on the date of its introduction and take effect and be in full force and effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED, this the //Q day of June, 1981. ATTEST: APPROVED N DAY OF JUNE, 1981: J. BRUCE AYCOCK, CITY ATTORNEY MAYOR THE CITOF CORPUS CHRISTI, TEXAS THE STATE OF TEXAS COUNTY OF NUECES CONTRACT AMENDMENT AMENDMENT TO CONTRACT BETWEEN THE CITY OF CORPUS CHRISTI AND THE COMMUNITY DEVELOP- MENT CORPORATION OF CORPUS CHRISTI. WHEREAS, the City of Corpus Christi, hereinafter referred to as "city", has contracted with the Community Development Corporation of Corpus Christi, hereinafter referred to as "CDC", by Ordinance No. 15768, such contract executed as of October 14, 1980; and WHEREAS, included within such contract CDC has agreed to implement and operate a Demonstration Housing Rehabilitation Program under the Community Development Block Grant Program in accordance with the applicable Department of Housing and Urban Development regulations and the Demonstration Housing Rehabilitation Handbook of Corpus Christi as approved by the City Council, and attached as Exhibit "A" to this contract amendment; and WHEREAS, the City of Corpus Christi continues to desire to attract more low and moderate income housing to Corpus Christi; and WHEREAS, it is the opinion of the City that the Demonstration Housing Rehabilitation Program will benefit from proposed amendments to the Handbook; and WHEREAS, the City had previously approved the expenditure of $100,000 from Fourth Year Community Development Block Grant funds for this Program; NOW, THEREFORE IN CONSIDERATION . 1) A revolving Rehabilitation Loan Fund of $100,000 is hereby estab- lished under the control of the CDC subject to the requirements set out in the Demonstration Rehabilitation Handbook; 2) The CDC shall provide a monthly financial report to the City on the financial condition of the Revolving Rehabilitation Fund; 3) CDC will carry out the Demonstration Rehabilitation Program on an expeditious basis and in full conformity with guidelines and regulations set out in the Demonstration Rehabilitation Handbook; 4) No portion of the Revolving Fund shall be utilized for any activity not specifically authorized under the Demonstration Housing Rehabilitation Handbook, and specifically, no portion of the Fund shall be utilized for any administrative costs; 5) This contract may be cancelled on 30 days written notice by the City to CDC, and in the event of such cancellation all assets of the Fund, including the properties or interest therein, shall be returned to the City of Corpus Christi; 6) All properties, including interest derived from the activities under the Demonstration Rehabilitation Program will be deposited in the Revolving Fund; 7) Should the City of Corpus Christi elect not to renew the admin- istrative contract with the CDC, this shall be evidence of the -cancellation of the Demonstration Rehabilitation Program; 8) The City Manager or his designated appointee, shall be authorized to sign all appropriate contracts and funding documents, and other related materials pertaining to this project. Executed in DUPLICATE ORIGINALS, this the day of 1981. ATTEST: CITY OF CORPUS CHRISTI City Secretary- APPROVED: ecretary-APPROVED: DAY OF J. BRUCE AYCOCK, CITY ATTORNEY By: R. Marvin Townsend, City Manager ,1981 COMMUNITY DEVELOPMENT CORPORATION OF CORPUS CHRISTI By By: Assistant City Attorney - President W. Thomas Utter, Ass't. City Manager Vice President ATTEST: Secretary Stanley J. Martinez, Executive Director CITY OF CORPUS CHRISTI, TEXAS CERPIFICATICN OF FUNDS (City Charter Article IV Section 21) May 21, 1981 I certify to the City Council that $ 71,082 , the amount required for the contract, agreement, obligation or expenditures contemplated in the above and foregoing ordinance is in the Treasury of the City of Corpus Christi to the credit of: Fund No. and Name 162 - Federal -State Grant Fund Project No. 152-807.43 Project Name Community Development Block Grant Pilot Rehabilitation Program - from which it is proposed to be drawn, and such money is not appropriated for any other purpose. * $100,000 - Originally approved amount - 28,918 - Previously committed to project 71,082 - Current balance FIN 2-55 Revised 7/31/69 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas. For the reasons set forth in the emergency clause of the foregoing ordinance, a public emergency and imperative necessity exist for the suspension of the Charter rule or requirement that no ordinance or resolution shall be passed finally on the date it is introduced, but that such ordinance or resolution shall be read at three meetings of the City Council; I/we, therefore, request that you suspend said Charter rule or requirement and pass this ordinance finally on the date it is introduced, or at the present meeting of the City Council. Corpus Christi, Tex f0 day of ,,P ,19Y/ /1)L - Respectfully, Respectfully, MAYOR Council Members The City of Corpus Christi, Texas The Charter rule was suspended by the following Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L.:Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky The above ordinance was passed Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley , Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky vote: by the following vote: 16313