HomeMy WebLinkAboutC2008-322 - 7/8/2008 - NAFIRST AMENDMENT
TO THE
HOME FUNDING AGREEMENT
BETWEEN THE
CORPUS CHRISTI COMMUNITY IMPROVEMENT CORPORATION
AND
METRO MINISTRIES
This amendment ("First Amendment") is made by and between the Corpus Christi
Community Improvement Corporation ("CCCIC") and Corpus Christi Metro Ministries,
Inc. ("Subrecipient").
WHEREAS, the CCCIC and the Subrecipient executed an agreement ("Agreement") on
December 19, 2006, for the purpose of utilizing the CCCIC's FY05 and FY06 HOME
("HOME") Program funds;
WHEREAS, the Agreement expired November 30, 2007;
WHEREAS, the parties desire to execute this instrument to express their mutual desire
to reinstate all terms, conditions, and covenants stated in the original Agreement; and
WHEREAS, the parties to the Agreement desire to execute this First Amendment to
revise and extend the term, and its associated counterparts, stated in the Agreement.
Section 1. By execution of this instrument, the parties agree to reinstate all terms,
conditions, and covenants stated in the original Agreement, to have the same force and
effect as if the Agreement had not terminated.
Section 2. Section 2 of the Agreement, entitled "Agreement Period," is amended by
deleting the date "November 30, 2007" and inserting the date "January 31, 2009."
Section 3. Section 24, subsection (A), of the Agreement is amended by deleting the
date "October 31, 2007" and inserting the date "December 31, 2008."
Section 4. The Subrecipient shall execute a new Exhibit A to the Agreement, a copy of
which is attached.
Section 5. By execution of this First Amendment, the parties agree to revise and ex-
tend the term, and its associated counterparts, stated in the Agreement. All terms, con-
ditions, and covenants of the Agreement not revised by this First Amendment remain
the same and in full force and effect.
2008-322 (EXECUTION PAGE FOLLOWS)
07/08/08
Metro Ministries -CCCIC
EXECUTED IN DU LICATE, each of which is considered an original, on this the
~` day of , 2008.
ATTEST:
CORPUS CHRISTI COMMUNITY
IMPROVEMENT CORPORATION
Armando Chapa
Secretary
~/ i~~
George K. Noe
General Manager
CORPUS CHRIS'S METRO/~MINI~~ S, INC.
y
Printed Name: ~ od a L - 1-12z~'
Title: G L' b 4 C ~. e cw f ~ u-e L9r ~~-c~Fvr~
Date: Jul, Iy 2~ofr
ACKNOWLEDGMENT
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
Tstrument was knowledged before me on ~ , 2008,
by ~, ~, ~, Z.,'~r of Corpus C risti Metro Ministries, Inc.,
a Texas nonprofit corporation, on behalf of the cl~ly~oration. ~ n ~ _ ~
(seal)
~.:~-,
,o:.,. ~:4^ IAURISA LYNN BAKLIK
_•: = Notary PubIIC, Stets of Texas
' ' ` My Commisalon fxpire~
-~~';~'%Y`„~r March 09, 2011
blic, State of
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SECRFfARr
EXHIBIT A
COVENANT TO BIND PROPERTY
FOR THE
PERIOD OF AFFORDABILITY
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
Pursuant to an agreement entered into between the Corpus Christi Community
Improvement Corporation ("CCCIC") and Corpus Christi Metro Ministries, Inc. ("Metro"),
executed on December 18,2006, as amended by a First Amendment executed on or
about June 30, 2008, such documents being incorporated in this instrument by
reference ("Agreement"), Metro accepted federal funds, in conjunction with the United
States Department of Housing and Urban Development's Home Investment Partnership
Program ("HOME Program") administered by the CCCIC, for new construction of a
facility on the following property:
Lots 7, 8, 9, 10, and the west 7.45' of Lot 11, Block 2, Young
Addition, of the City of Corpus Christi, Nueces County, Texas,
as shown by the map or plat on record in the Map Records of
Nueces County, Texas, and which is commonly known by its
street address of 1919 Leopard Street, located in Corpus
Christi, Nueces County, Texas (hereinafter referred to as the
"Property").
Pursuant to the terms, conditions, and covenants contained within the Agree-
ment, as owner of the Property and in consideration of receiving the funds, Metro
agrees to bind the Property with the affordability requirements specified in the Agree-
ment and in Title 24, Part 92, of the United States Code of Federal Regulations, for a
period of not less than twenty (20) years from the date of completion of the construction
of the facility, such date of completion presently unknown but anticipated to be no later
than December 31, 2008.
This instrument constitutes a covenant running with the land and binds all
successors, assigns, and transferees of the Property, such Property being subject to
this instrument.
CORPUS CHRISTI METRO MINISTRIES, INC.
Executive Direct
Date:
STATE OF TEXAS §
COUNTY OF NUECES §
Subscribed to and sworn before me this _ day of , 2008,
by , of Corpus Christi Metro
Ministries, Inc., a Texas nonprofit corporation, on behalf of the corporation.
Notary Public, State of Texas
AFTER RECORDING RETURN TO:
ATTN: Administrator, Community Planning Division
c/o Corpus Christi Community Improvement Corporation
P. O. Box 9277
Corpus Christi, Texas 78469-9277