HomeMy WebLinkAboutC2019-709 - 7/23/2019 - Approved SECOND AMENDMENT
TO THE
HOME SUBRECIPIENT AGREEMENT
BETWEEN THE
CITY OF CORPUS CHRISTI
AND
ACCESSIBLE HOUSING RESOURCES, INC.
This Second Amendment ("Second Amendment") is made by and between the City of
Corpus Christi ("City") and Accessible Housing Resources, Inc. ("Subrecipient")
WHEREAS, the City and the Subrecipient executed an agreement dated July 23, 2019
which was approved by the City Council for the purpose of utilizing the City's FY2019-20
Home Investment Partnership Program ("HOME") Program funds (the "Agreement");
WHEREAS, the Subrecipient has timely requested an extension of the termination dates
in order to complete the project contemplated under the Agreement; and
WHEREAS, the parties desire to execute this Second Amendment to express their mutual
desire to reaffirm all terms, conditions, and covenants stated in the original Agreement
and to extend the construction compliance and termination dates of the Agreement.
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, as may be
amended by the execution of this Second Amendment.
Section 2. Article 2, Grant Period, Subsection (a), of the Agreement is amended by
deleting the date "September 30, 2022" and inserting the date "September 30, 2023."
Section 3. Article 2, Subsection 2.3, of the Agreement is amended by replacing Exhibit "A",
with the Updated Project Budget attached hereto and incorporated herein by reference as
Exhibit "A".
Section 4. Article 2, Subsection 2.4, of the Agreement is amended by replacing Exhibit
"B", with the Updated Timeline for Goals and Expenditures attached hereto and
incorporated herein as Exhibit "B".
Section 5. Article 2, Subsection 2 .5, of the Agreement is amended by deleting the date
" September 1, 2021" and inserting the date "September 1, 2023."
Section 6. By execution of this Second Amendment, the parties agree to revise and
extend the rental assistance, rental deposit and utility deposit assistance program and
termination dates stated in the original Agreement. All other terms, conditions, and
covenants of the Agreement not changed by this Second Amendment remain the same
and in full force and effect.
(EXECUTION PAGE FOLLOWS)
FY19 HOME AHRI 2"`' Amendment SCAN N ED
EXEC D UP KATE, each of which is considered an original, on this the
day of , 2022.
ATTEST: City of Corpus Christi
406) 60CLPtia :LAA,„)(?ke.<qr-----
Rebecca Huerta, Secretary Linda Stewart, Director
ovlitli-rAAw Neighborhood Services Department
APPROVED O FORM:
AU7NORI��t-
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W. Kent Mcilyar 3T mom.
«
Assistant City Attorney �.�G•
SECRETARY
ACCESSIBLE HOUSING RESOURCES, INC.
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(C, porat- Seal) •
FY19 HOME AHRI 2nd Amendment
Exhibit A
CITY OF CORPUS CHRISTI
AGREEMENT EXTENSION
PROJECT WORK SCHEDULE
Project No: 8535
Project Title: AHRI Tenant Based Rental Assistance (TBRA)
Subrecipient: Accessible Housing Resources, Inc. (AHRI)
Agreement Extension Period: October 1, 2022 — September 30, 2023
Program Budgeted Items Funding Expenditures Remaining Balance
Source: to Date
HOME
HOME Rents, including $99,342.00 $74,108.00 $25,234.00
security deposits
HOME Project Delivery $11,038.00 $3,409.50 $7,628.50
Costs
TOTAL $110,380.00 $77,517.50 $32,862.50
Milestone Date
1. Qtr. #4 Report September 15, 2022
2. 50% Expenditure January 31, 2023
3. 80% Expenditure May 31, 2023
4. 100% Expenditure August 31, 2023
5. Project Close Out September 30, 2023
6. Close Out Report Due October 31, 2023
In addition to the information provided the City may require a more detailed plan than the one
contained herein,and the Subrecipient shall provide such supplementary information in a timely
fashion in the form and content prescribed by the City.