HomeMy WebLinkAboutC2010-126 - 4/20/2010 - ApprovedFOURTH AMENDMENT TD THE
AFFaRDABLE HOUSING PROGRAM AGREEMENT
FOR A PILOT INFILL HOUSING PROJECT
This fourth amendment ["Fourth amendment"~ to the Affordable Housing Program
Agreement for a Pilot Infill Housing Project ~"Program Agreement"} is made by and
between the Corpus Christi Business and ,lob De~elapment Corporation
["Corporation"}, the City of Corpus Christi {"City"}, and the Nueces County Community
Action Agency ~"NCCAA"],anon-profit corporation organised under the statutes of the
State of Texas.
WHEREAS, the Corporation, City and NCCAA executed an agreement ~"Agreement"}
for the purpose of utilizing 4A sales tax funds tv construct infill housing, a project
suitabke far the promotion and development of affordable housing within the City; and
WHEREAS, the term of the Agreement should be extended by two additional years to
allow the use of funds not spent of land acquisition tv be used to pay for construction
and development casts, including the implementation of green buildinglenergy efficient
construction techniques, for new homes;
NOW, THEREFGRE, the parties tv the Agreement agree tv amend the Agreement as
follows:
Section 1. Section 3 of the Program Agreement, as previously amended by the second
amendment the Program Agreement, is revised to read as follows:
"SECTION 3. TERM.
"The term of this Program Agreement extends until "'^~•°^^"°~ 'i° '^^°
December 31 2D 11."
5ectivn 2. By execution of this Fourth amendment, the parties agree to be bound by
the amended prv~ision. All ether provisions, obligations, and conditions of the
Agreement, as preciously amended, that are not changed by this Fourth amendment
remain the same and in full farce and effect.
Section 3. This Fourth amendment is executed in triplicate, each of which is
considered an original.
5ectivn 4. This Fourth amendment is effective on the date the last party tv the
Program Agreement executes this Fourth amendment.
201Q-12G
Res. 02856G Page 1 of 3
a412o1~a2~og
CCB,f DC & NCCAA
1NDEXE~
CORPUS CHRISTI 6USINESS &
JDB ^EVELDPMENT CORPORATION
sy:
EI ala a
P sident
Date: ,~
ACKNOWLEDGMENT
STATE DF TEXAS §
§ KNOW ALL BY THESE PRESENTS
COUNTY DF NUECES §
This instrument was acknowledged before me on ~ ~d , ~d~ ~,
by Eloy H. Salazar, President, Corpus Christi business a d J^ Development
Corporation, a Texas nonprofit corporation, on behalf of the corporation.
al_~NoA ~. ~iRASI
STA h]IAS ~ S
~~ My Caron. 6q-. Q5-07.2Qlx
ND ARY PUBLIC, State of Texa
ATTEST
Armand^ Chapa
City Secretary
~' ° ~ U ~~ ~111~FIii1Rl?.ED
~ CUttl'~CIL ..'s~7~1'Q
SECRETARY -
CITY DF CORPUS CHRISTI
r
~~"
'A a R. EsGabar
City Manager
^ate: ~ x ~I~3 _ __--
4th Amend NCCAA Inflll 1-lousing 11112069
Page~of3
APPROVED A5 Td FORM: April fi, 2010
~~_ ~
R. Jay ein'
First ssi ant City orney
for the City Attorney
NUECES CGUNTY CGMMUNITY
ACTIN AGENCY
Jo A. rtinez
Execu eve Director
ACKNOWLEDGMENT
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS
COUNTY DF NUECES '
This instrument was acknowledged before me on ~ ~ ~ ~ _ , 2010,
by Joe A. Martinez, Executive Director, Nueces County Community Action Agency, a
Texas nonprofit corporation, on behalf of the corporation.
~ Gf~
NQTARY PUBLIC, State of Texas
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Ath Amend ~1CCAA Infili Housing 111120p9