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HomeMy WebLinkAbout027887 RES - 10/14/20081 RESOLUTION AUTHORIZING THE CITY MANAGER, OR HIS DESIGNEE, TO EXECUTE THE THIRD AMENDMENT TO THE CONTRACT BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT CORPORATION AND NUECES COUNTY COMMUNITY ACTION AGENCY FOR A PILOT INFILL HOUSING PROJECT, TO UTILIZE REMAINING LAND ACQUISITION FUNDS FOR DEVELOPMENT COSTS AND GREEN BUILDING/ENERGY EFFICIENT CONSTRUCTION TECHNIQUES FOR THE REMAINING EIGHT (8) HOMES TO BE CONSTRUCTED WHEREAS, the Corpus Christi Business and Job Development Corporation, the City of Corpus Christi, and Nueces County Community Action Agency (NCCAA) executed an agreement for the purpose of utilizing 4A sales tax funds to accomplish the affordable housing project described in the Agreement and in the NCCAA proposal for a Pilot Infill Housing Project. WHEREAS, the parties to the agreement desire to execute this Third Amendment to revise the agreement to utilize remaining land acquisition funds for development costs and green building/energy efficient construction techniques for the remaining eight (8) homes to be constructed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The City Council of the City of Corpus Christi, Texas, approves the Third Amendment to the Affordable Housing Program Agreement for a Pilot Infill Housing Project between the Corpus Christi Business and Job Development Corporation and NCCAA, to utilize remaining land acquisition funds for development costs and green building/energy efficient construction techniques for the remaining eight (8) homes to be constructed. SECTION 2. The City Manager, or designee, is authorized to execute the Third Amendment to the Affordable Housing Program for a Pilot Infill Housing Project Agreement with NCCAA, a copy of which is attached as Exhibit "A". 027887 Res-ardAmendAffordableHousingNCCAAHomes09172008 ATTEST: /dhntM+ Armando Chapa Henry Garr City Secretary CITY OF CORPUS CHRISTI Mayor APPROVED AS TO FORM: September (7 , 2008 R. Ja R 'ning Fir As istant C}ty Attorney For the City Attorney Res-3rdAmendAffordableHousi ngNCCAAHomes09172008 2 3 Corpus� C� risti, Texas / �� of oGp`Ok , 2008 The above resolution was passed by the following vote: Henry Garrett Melody Cooper U Larry Elizondo, Sr. Mike Hummel) Bill Kelly Priscilla G. Leal t John E. Marez Nelda Martinezcnvvi Michael McCutchon 027887 Res-3rdAmendAffordableHousingNCCAAHomes09172008 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: October 14. 2008 Agenda Item: Resolution authorizing the City Manager, or his designee, to execute the third amendment to the contract between the Corpus Christi Business and Job Development Corporation and Nueces County Community Action Agency for a Pilot Infill Housing project to utilize remaining land acquisition funds for development costs and green building/energy efficient construction techniques for the remaining eight homes to be constructed. Amount Required: $ 45.564 Fund Name Fund No. Org. No. Account No. Project No. Amount 4A Affordable Housing j 14 u /Coo 0 5-30.500 $ 45,564. Total $ ys, St y, co Certification Not Required 4 13 Director of Financial Services Date: /O-4 -oR