HomeMy WebLinkAboutC2017-599 - 12/28/2017 - NA SECOND AMENDMENT
TO THE
FY15 HOME LOAN AGREEMENT
BETWEEN THE
CORPUS CHRISTI COMMUNITY IMPROVEMENT CORPORATION (CCCIC)
AND
TG 110 GLENOAK, LP
This second amendment ("Second Amendment") is made by and between the Corpus
Christi Community Improvement Corporation ("CCCIC") and TG 110 GLENOAK, LP
("TG 110 GLENOAK").
WHEREAS, the CCCIC and TG 110 GLENOAK executed an agreement ("Agreement")
on May 20, 2016, for the purpose of utilizing the CCCIC's FY15 HOME Investment
Partnerships Program ("HOME Program") funding provided through the City of Corpus
Christi;
WHEREAS, TG 110 GLENOAK has made a timely request for an additional extension
of the date stated in Section 1.2 of the Agreement, in order to complete the project
contemplated under the original Agreement; and
WHEREAS, the parties desire to execute this Second Amendment to further extend the
term stated in the Agreement.
--WHEREAS, by execution of this Second Amendment the parties mutually agree
that:
Section 1. By execution of this instrument, the parties agree to reaffirm and continue in
force all terms, conditions, and covenants stated in the original Agreement and First
Amendment, as may be amended by the execution of this Second Amendment.
Section 2. Section 1.2 of the Agreement, entitled "Term," is amended by deleting the
date "December 31, 2017" and inserting the date "March 31, 2018."
Section 3. By execution of this Second Amendment, the parties agree to revise and
further extend the dates stated in Section 1.2 of the Agreement. All other terms,
conditions, and covenants of the Agreement not revised by this Second Amendment
remain the dame and in full force and effect.
2017-599 (EXECUTION PAGE FOLLOWS)
12/28/17
TG 110 Glenoak LP
INDEXED
EXECUTED IN DUPLICATE, each of which is considered an original, on this the
1)3 day of ����,v, h� , 2017.
CORPUS CH-ISTI COMMUNITY IMPROVEMENT CORPORATION
i#1°
//Or
Margie C. Rose or Authorized Designee
General Manager
APPROVED AS TO FORM: /Z--/O- , 2017
f .
4t , _
enya
Assistant City A orney
for the Miles Risley, City Attorney
ACKNOWLEDGMENT
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
This instrument was acknowledged before me on this ,) / day of Aecosh-(2_, ,
2017, by Margie C. Rose, General Manager, or Keith Selman, Authorized Designee, of
the CORPUS CHRISTI COMMUNITY IMPROVEMENT CORPORATION, a Texas
nonprofit corporation, on behalf of the corporation.
f/k72.4
" "'' ROSIE RODRIGUEZ !'
.i: :
Y.1-7:Notary Public, State of Texas Notary Public, State of Texas
�
Comm. Expires 04-27-2021
''.;°;,;fss Notary ID 125968595
TG 110 GLENOAK, LP,
A Texas limited partnership
By: TG 110 GLENOAK, LP
a Texas limited liability company
its general partner
By: TG 110, Inc.,
a Texas non-profit corporation,
its sole membe
:
BY
Gilbert M. Piette
Executive Director
ACKNOWLEDGMENT
STATE OF TEXAS §
§ KNOW ALL BY THESE PRESENTS:
COUNTY OF NUECES §
This instrument was acknowledged before me on this 2(3 day ofCeM ,
2017, by Gilbert M. Piette, Executive Director, of TG 110, Inc., a Texas nonprofit
corporation, sole member of TG 110 Glenoak GP, LLC, a Texas limited liability
company, general partner of TG 110 GLENOAK, LP, a Texas limited partnership, on
behalf of said limited partnership.
arP�•i
CHRISTINA ALVISO
��s '"•bG% NotaryPu• Ic, State o Texas
_2; ;:Notary Public,State of Texas
Comm.Expires 06-08-2021
,,,,,V Notary ID 126319688