HomeMy WebLinkAbout028564 RES - 04/20/2010Page 1 of 2
RESOLUTION
APPROVING THE FIRST AMENDMENT TO FIRST AMENDMENT
TO AFFORDABLE HOUSING PROGRAM AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB
DEVELOPMENT CORPORATION, THE CITY OF CORPUS
CHRISTI FOR MODEL BLOCK PROGRAM — NEIGHBORHOOD
REVITALIZATION PROGRAM TO EXTEND THE TERM OF THE
AGREEMENT FROM THIRTY-SIX (36) TO SIXTY (60) MONTHS
[EXTENDS EXPIRATION DATE FROM NOVEMBER 21, 2009 TO
NOVEMBER 21, 2011]
WHEREAS, on November 21, 2006, the Corpus Christi Business and Job
Development Corporation and the City of Corpus Christi executed an Affordable
Housing Program Agreement between the Corpus Christi Business and Job
Development Corporation and the City of Corpus Christi ("City") for Model Block
Program — Neighborhood Revitalization Program; and
WHEREAS, adjustments to the implementation schedule are necessary, City
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 and the City of Corpus Christi, for Model Block
Program — Neighborhood Revitalization Program, which extends the term of the
Agreement thirty-six (36) to sixty (60) months, and which is attached to this
resolution, is approved.
ATTEST:
Armando Chapa
City Secretary
APPROVED: 15st day of April, 2010.
R. J e' ing
Fir t As Stant City Attorney
For City Attorney
THE CITY OF CORPUS CHRISTI
Joe Ad me
Mayor
028564
Res -1st Amendment - Housing Agreement -- Model Block -- 04152010
INDEXED
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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
028564
Res -1st Amendment - Housing Agreement -- Model Block -- 04152010
FIRST AMENDMENT TO
AFFORDABLE HOUSING PROGRAM AGREEMENT
BETWEEN THE CORPUS CHRISTI BUSINESS AND JOB DEVELOPMENT
CORPORATION, THE CITY OF CORPUS CHRISTI
FOR MODEL BLOCK PROGRAM — NEIGHBORHOOD REVITALIZATION PROGRAM
A. Section 3 of the Affordable Housing Program Agreement ("Agreement") between the
Corpus Christi Business and Job Development Corporation and the City of Corpus
Christi, for Model Block Program — Neighborhood Revitalization Program, last executed
on November 21, 2006, is revised to read as follows:
"3. Term. The term of this Program Agreement extends thirty six (36) sixty (60)
months from the date the last party executes this document."
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
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FirstAmenment -- Housing Agreement -- Model Block -- 12172009
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
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FirstAmenment -- Housing Agreement -- Model Block -- 12172009