Loading...
HomeMy WebLinkAboutContract 26136 STATE OF TEXAS § CITY SECRETARY CONTRACT NO. COUNTY OF TARRANT § THIS contract amendment is made and entered into by and between the City of Fort Worth ("City"), acting by and through Libby Watson, its duly authorized Assistant City Manager, and the Mitchell Boulevard Development Corporation (MBDC), Inc. ("Contractor"), by and through Gerald Shaw its duly authorized President. Contractor's business address is 2517 Thannisch, Fort Worth, Texas 76105. WHEREAS, the City of Fort Worth and Contractor have heretofore entered into that City Secretary Contract No. 24970, dated June 23, 1999, to provide funding for new construction of single family infill houses in Contractor's targeted neighborhoods to sale to low income homebuyers pursuant to a grant received from the United States Department of Housing and Urban Development ("HUD") through the Home Investment Partnerships (HOME") Program and, WHEREAS, the said contract expired by its terms on June 22, 2000 and, WHEREAS, the contract allows for a one time extension of the contract for up to a one- year term to meet the project goals and, WHEREAS, the parties have agreed that it is to their mutual benefit to extend Contract No. 24970 to meet the project goals. NOW, THEREFORE, in consideration of these premises and the terms and conditions hereinafter set forth, the parties covenant and agree as follows: 1. The term of Contract No. 24970 is hereby amended and extended for a six-month term from the date of execution. 2. All projects contemplated under this contract extension must be completed by the extension termination date. 3. All other terms and conditions of the contract remain in full force and effect, binding upon the parties, and are hereby ratified by the parties. IN WITNESS WHEREOF, the parties hereto have e ecuted four co ies of this contract b extension in Fort Worth, Tarrant County, Texas, this Oay of JhQai AD 2000. i - i APPROVED AS TO FORM AND LEGALITY: CITY OF FORT WORTH By: Asst. City Attorney ibby atson Assistant City Manager By: City Secreta r� Mitchell Boulevard Development Corporat' n Inc. I By: Contract Authorization G ald Shaw, President Date STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Libby Watson, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that the same was the act of the City of Fort Worth and that she executed the same as the act of said City of Fort Worth for the purposes and consideration therein expressed and in the capacity therein stated. GIVEN UNDER MY HAND AND SEAL OF OFFICE this �f� day of AD 2000. ROSELLA BARNES i„ y 1 NOTARY PUBLIC Notary Public in and for the State of Texas .�,�+� State of Texas �' }Comm. Exp.03-31-2001 STATE OF TEXAS § COUNTY OF TARRANT § BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Gerald Shaw, known to me to be the person whose name is subscribed to the foregoing instrument, and acknowledged to me that he executed the same for the purposes and consideration therein expressed, as the act and deed of the Mitchell Boulevard Development Corporation, Inc. and in the capacity therein stated as its duly authorized president. GIVEN UNDER MY HAND AND SEAL OF OFFICE this HM- day of AD 2000. VIVIM LUCILLE CLARK MY COMMISSION EXPIRES Notary Public in and for the State of Texas - y May 18,2003 City of Fort Worth, Texas "eigor and Council Communiceitio". DATE REFERENCE NUMBER LOG NAME PAGE 5/11/99 **C-17423 1 . 05FUNDING 1 of 2 SUBJECT 1998 HOME PROJECT FUNDING FOR COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS CHDO'S RECOMMENDATION: It is recommended that the City Council: 1. Authorize the use of$382,200 for Community Housing Development Organizations (CHDO's) under the Federal HOME Program Year 1998; and 2. Authorize the City Manager to execute contracts, not to exceed a combined total of $382,200 in Fiscal Year 1998 HOME funds, with the following CHDO's to implement their respective projects as follows; and a) $50,000 to JMSL-NDC for construction of single-family infill housing; and b) $65,000 to Lake Como Area Council, Inc. for construction of single-family infill housing; and c) $130,000 to Mitchell Boulevard Development Corporation for construction of single-family infill housing; and d) $137,200 to Neighborhood Housing Services, Inc. for construction of single-family housing. 3. Authorize the contract performance period on all four contracts to begin on the date of contract execution and end twelve months thereafter; and 4. Authorize the City Manager to amend the contracts, if necessary, to achieve project goals provided that the amendment is within the scope of the project and in compliance with applicable laws and regulations. DISCUSSION: On October 13, 1998, the Safety and Community Development Committee (SCDC) approved the reservation of HOME CHDO Program funds for the following CHDO projects contingent upon the CHDO's demonstrating capacity and providing evidence of project readiness: PROGRAM AGENCY SCOPE OF WORK FUNDS JMSL-NDC Infill housing construction/acquisition (1 Unit) $ 50,000 Lake Como Area Council Infill housing construction/acquisition (1 Unit) $ 65,000 Mitchell Blvd. Development Corp. Infill housing construction/acquisition (2 Units) $130,000 Neighborhood Housing Services Infill housing construction/acquisition (2 Units) $137,200 City of Fort Worth, Texas 4DAVOIr And ouncil commu"icatioll C. SATE REFERENCE NUMBER LOG NAME L 5/ CT99 ** !-17423 05FUN PAGE DING 2 of 2 1998 HOME PROJECT FUNDING FOR COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS (CHDO'S The agencies were given a deadline of January 31, 1999 to submit the required documentation and meet certain benchmarks identified by City staff to obtain a recommendation to the SCDC for funding. All four agencies have met these requirements and project funding is recommended. As-each property is constructed and sold, the proceeds from the sale will be returned to the City and a revolving fund established for each agency to continue to use the funds to construct additional housing units. The proposed projects are located in COUNCIL DISTRICTS 2, 5, 7, 8 and-9. The SCDC approved this recommendation at its April 13, 1999 meeting. FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations, funds will be available in the current operating budget, as appropriated, of the Grants Fund. N:j Submitted for City Manager's FUND ACCOUNT CENTER AMOUNT Office by: (to) CITY SECRETARY 1)GR76 539120 005206123180 $ 50,000.00 Libby Watson 6183 1)GR76 539120 005206123190 $ 65,000.00 APM Originating Department Bead: 1)GR76 539120 005206123200 $130,000.00 C l l COUNCIL 1)GR76 539120 005206123340 $137,200.00 Jerome Walker 7537 (from) MAY 11 S$ 1)GR76 539120 005206123130 $382,200.00 Additional Information Contact: 2)GR76 539120 005206123180 �) $50,000.00 2)GR76 539120 005206123190 $ 65,000.00 2)GR76 539120 005206123200 $130,000.00 C,of Fort Wo Worth,T�-s .:e Walker 7537 2)GR76 539120 005206123340 $137,200.00