HomeMy WebLinkAbout028562 RES - 04/20/2010Page 1 of 2
RESOLUTION
APPROVING THE FIRST AMENDMENT TO AFFORDABLE
HOUSING PROGRAM AGREEMENT BETWEEN THE CORPUS
CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION, THE CITY OF CORPUS CHRISTI, AND
VANGUARD HALL CONSULTING FIRM, INC., FOR HOME
BUYER ASSISTANCE BY EXTENDING THE TERM OF THE
AGREEMENT FROM JANUARY 31, 2010 TO SEPTEMBER 30,
2010
WHEREAS, on August 21, 2008, the Corpus Christi Business and Job
Development Corporation, the City of Corpus Christi, and Vanguard Hall
Consulting Firm, Inc. ("Vanguard"), executed an Affordable Housing Program
Agreement ("Agreement") for home buyer assistance; and
WHEREAS, adjustments to the implementation schedule are necessary,
Vanguard was not able to fully implement the program;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That the First Amendment to the Affordable Housing Program
Agreement ("Agreement") between the Corpus Christi Business and Job
Development Corporation, the City of Corpus Christi, and Vanguard Hall
Consulting Firm, Inc., for home buyer assistance that extends the term of the
Agreement from January 31, 2010 to September 30, 2010, and which is attached
to this resolution, is approved.
ATTEST: THE CITY OF CORPUS CHRISTI
Armando Chapa Joe Ad
City Secretary Mayor
APPROVED: 15st day of April, 2010.
R. J Refng
Fi st Assistant City Attorney
For City Attorney
9a e
028562
Res -- 1st Amend -- Affordable Housing - Vanguard - HBA 04152010
INDEXED
Page 2 of 2
Corpus Christi, Texas
of
, 2010
The above resolution was passed by the following vote:
Joe Adame
Chris N. Adler
Brent Chesney
Larry Elizondo, Sr.
Kevin Kieschnick
Priscilla G. Leal
John E. Marez
Nelda Martinez
Mark Scott
028562
Res -- 1st Amend -- Affordable Housing - Vanguard - HBA 04152010
FIRST AMENDMENT TO
AFFORDABLE HOUSING PROGRAM AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION, THE CITY OF CORPUS CHRISTI,
AND VANGUARD HALL CONSULTING FIRM, INC.,
FOR HOME BUYER ASSISTANCE
A. Section 3 of the Affordable Housing Program Agreement ("Agreement") between the
Corpus Christi Business and Job Development Corporation, the City of Corpus Christi,
and Vanguard Hall Consulting Firm, Inc., for home buyer assistance, last executed on
August 21, 2008, is revised to read as follows:
"3. Expiration Date. This Project Agreement expires on January 31 September
30, 2010."
B. This amendment to the Agreement takes effect on the latest date that either party
executes this amendment
C. Any provision of the Agreement that is not expressly amended by this amendment
remains unchanged and in full force and effect.
D. This amendment to the Agreement may be executed in any number of counterparts,
each of which shall be deemed an original and constitute one and the same instrument.
EXECUTED on the date shown opposite the signature of each party.
CORPUS CHRISTI BUSINESS &
JOB DEVELOPMENT CORPORATION
Eloy Salazar
President
Page 1 of 3
1st Amend -- Affordable Housing - Vanguard - HBA 12162009
Date
STATE OF TEXAS §
COUNTY OF NUECES §
ACKNOWLEDGMENT
KNOW ALL BY THESE PRESENTS:
This instrument was acknowledged before me on , 2010,
by Eloy Salazar, President, Corpus Christi Business & Job Development Corporation, a
Texas nonprofit corporation, on behalf of the corporation.
NOTARY PUBLIC
State of Texas
ATTEST: CITY OF CORPUS CHRISTI
Armando Chapa
City Secretary
'Angel R. Escobar
City Manager
Date: Date:
APPROVED AS TO FORM:
R. Jay Reining
First Assistant City Attorney
for the City Attorney
Page 2 of 3
1st Amend -- Affordable Housing - Vanguard - HBA 12162009
VANGUARD HALL CONSULTING FIRM, INC.
Patricia Noyola
President
STATE OF TEXAS
Date
ACKNOWLEDGMENT
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
This instrument was acknowledged before me on , 2010,
by Patricia Noyola, President, Vanguard Hall Consulting Firm, Inc. , a Texas Domestic
For -Profit Corporation, on behalf of the corporation.
NOTARY PUBLIC
State of Texas
Page 3 of 3
1st Amend -- Affordable Housing - Vanguard - HBA 12162009