HomeMy WebLinkAboutC2009-096 - 2/10/2009 - ApprovedSECOND AMENDMENT TO THE AFFORDABLE HOUSING AGREEMENT
WITH JOHN MIKULENCAK DBA EXTREME HOMES OF TEXAS
FOR A NEW CONSTRUCTION HOMEBUYERS ASSISTANCE PROJECT
This second amendment to the Affordable Housing Agreement with John
Mikulencak, dba Extreme Homes of Texas, for a New Construction Homebuyers
Assistance Project ("Agreement") is entered into between the Corpus Christi
Business and Job Development Corporation ("Corporation"), the City of Corpus
Christi ("City"), and John Mikulencak, dba Extreme Homes of Texas ("Extreme
Homes").
WHEREAS, the Corporation, City, and Extreme Homes executed the Agreement
for the purpose of utilizing 4A sales tax funds to accomplish the affordable
housing project described in the Agreement and in the Extreme Homes proposal;
and
WHEREAS, on January 16, 2008, the parties executed the first amendment to
the Agreement ("First Amendment") that revised the term provision of the
Agreement to extend the agreement until November 30, 2008, and to adjust the
amount of the loan of funds to a maximum of $20,000 and the term of the loan to
a deferred forgivable loan and amortized for a term provided by other HUD
supported programs; and
WHEREAS, the parties to the Agreement desire to execute this second
amendment to extend the further extend the term of the previously amended
Agreement;
NOW, THEREFORE, the parties to the Agreement agree to reinstate and amend
the Agreement as follows:
Section 1. All terms conditions and covenants contained in the Agreement
continue in full force and effect. Section 3 of the Agreement entitled "Term," as
amended by the First Amendment to the Agreement, is revised to read as
follows:
"SECTION 3. Term.
"The term of this Program Agreement extends until ,
December 31.2009."
Section 2. By execution of this second amendment, the parties agree to be
bound by the amended term provision. All other provisions, obligations, and
conditions of the Agreement and the First Amendment not changed by this
second amendment remain the same and in full force and effect.
2009-096
Res. 028062 Page 1 of 3
02/10/09 IA Agreement -Clean 01222009
Mikulencak, dba Extreme Homes
EXEC TED IN TRIPLICATE, ea h of which is considered an original, on this the
1 y of ~~~ ~ , 2009.
Corpus Christi Business &
Job Development Corporation
EI Salaz r
Chairman
ACKNOWLEDGMENT
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
This instrument was acknowledged before me on I ~1 ~(~.~'C h (V/ 2009,
by Eloy Salazar, Chairman, Corpus Christi Business and Job Development
Corporation, a Texas nonprofit c oration, on behalf of the corporation.
Nota Publi ~~
State of Texas
McNIQt~€ fiAM€
Notary Public
STgTE OF TEX,gS
MY Comm. Exp, 0140.2013
Page 2 of 3
2nd Amend - EMreme Homea 4A Agn;ement -Clean 01222009
ATTEST:
Armando Chapa
City Secretary
APPROVED AS TO FORM: January 22, 2009
Lisa Aguilar sistant City Attorney
for the City orney
JOHN MIKULENCAK
DBA EXTREME HOMES OF TEXAS
J n l cu encak, Owner
Date: Of 23 d9
ACKNOWLEDGMENT
er couRCa....~.~~lo_
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
This instrument was acknowledged before me on ~~,,,,_`_"_~ ~3 ' 2009,
by John Mikulencak.
t~,:;,,,~ SAVANNAH KIRKPATRICK`~
~ ~~~~~CK~ , ;~~';,, Notary Public
Notary Public ; '~'~" MyCamtn.Exp.O~#/t>5J20t1
State Of Texas ~nr".a+.r~+:neW~x;+.^~ ~ r~nnttcia.~a,ne .n.
Page 3 of 3
CITY OF CORPUS CHRISTI
~~
' g 1 R. Escobar
ity Manager
Date: v~~ ~, , .,A //~~009
~~.
2nd Amend - EMreme Hanes 4A Agreement -Clean 01222009