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HomeMy WebLinkAboutContract 46898-A2 � j234Ss > CITY SECRETARY _ d)� CONTRACT NO. o 26 2p�6 O�FOCE�P'�V �D SECOND AMENDMENT TO CITY SECRETARY CONTRACT NO. 46898 Co � C\�SE 19 d WHEREAS the City of Fort Worth ("City") and Tarrant County Housing Partnership, S b £ Z �("CHDO")made and entered into City Secretary Contract No. 46898 ("Contract"); WHEREAS,the Contract provides funding to CHDO pursuant to a grant received by City from the United States Department of Housing and Urban Development ("HUD") through the HOME Investment Partnerships Program("HOME"); WHEREAS, a portion of City's HOME funds are reserved for the use of certain housing development entities that qualify under the HOME Regulations as a Community Housing Development Organization or CHDO; WHEREAS, City has certified that CHDO is a Community Housing Development Organization; WHEREAS, City has awarded operating funds to CHDO for the purpose of assisting CHDO's efforts to develop and maintain its operating capacity to expand the production of affordable single family houses through new construction activities WHEREAS, Section 5.2.2 of the Contract permits CHDO to increase or decrease line item amounts in the Budget, subject to written approval by the Director of the City's Neighborhood Services Department, so long as the total Contract Budget does not change; WHEREAS, the CHDO has requested revisions to certain line items; and WHEREAS, it is the mutual desire of City and CHDO to amend the Contract. NOW, THEREFORE, City and CHDO hereby agree to amend the Contract as follows: I. EXHIBIT "B"—BUDGET REVISED 03/2016 attached to the Contract is hereby revised and replaced with the attached EXHIBIT "B"—BUDGET REVISED 04/2016. II. This amendment is effective as of the Effective Date of the Contract. III. All terms and conditions of the Contract not amended herein remain unaffected and in full force and effect, are binding on the Parties and are hereby ratified by the Parties. Capitalized terms not defined herein shall have the meanings assigned to them in the Contract. OFFICIAL RECORD Amendment No.2 to CSC No.46898 CITY SECRETARY Page 1 Tarrant County Housing Partnership,Inc. (CHDO Funds) N'�'o WORTH, TX Rev. 04/2016 [SIGNATURES APPEAR ON FOLLOWING PAGE] Amendment No.2 to CSC No.46898 Page 2 Tarrant County Housing Partnership, Inc. (CHDO Funds) Rev. 04/2016 EXHIBIT "B" - BUDGET REVISED 04/2016 TARRANT COUNTY = xolviE COAG . TQ-HP TOTAL HOUSING - CHDQ Cou»sehng - Annual ANNUAL Operating Gran = Operating g OPERATING ". pART'NERSHIP, �. Account IV" Bud et Bud et Bud et BUDGET PROGRAM PERSONNEL Salaries 2001 25,603.77 94,495.00 416,112.23 536,211.00 FICA 2002 Life Insurance 2003 Health Insurance 2004 Unemployment 2005 Worker's Compensation 2006 Retirement 2007 FACILITY AND UTII:TTIES Telecommunication Expenses,i.e., 5001 Telephone,Cell Phone,Internet Electric 5002 Gas 5003 ' Water and Wastewater 5004 - Solid Waste Disposal 5005 Rent(City needs copy of lease before 5006 13,837.66 29,505.00 34,732.34 78,075.00 expenses can be reimbursed Custodial Services 5007 Repairs&Maintenance 5008 ,LEGAL,FINANCIAL,AND = - INaURANCE'' Fidelity Bond or Equivalent 6001 Insurance(General Commercial Liability,Construction General 6002 11,058.57 23,883.19 34,941.76 Commercial Liability and Directors and Officers) Contract Accounting 6003 24,500.00 15,500.00 40,000.00 Legal Assistance 6004 TOTAL ANNUAL OPERATING $75,000.00 $124,000.00 $490,227.76 $689,227.76 BUDGET *Shaded cells are not eligible for reimbursement with HOME funds. Amendment No.2 to CSC No.46898 Page 4 Tarrant County Housing Partnership,Inc.(CHDO Funds) Rev. 04/2016 ACCEPTED AND AGREED: TARRANT COUNTY HOUSING CITY OF FORT WORTH PARTNERSHIP, INC. By. By: . D nna V es r Iden , ' y Aubrey qhqgA, Director Neighborhood Services Department ATTEST: D °o�aoQ°"� APPROVED AS TO FORM AND � � '` LEG -ITY: City Secr4vy Assistant City Attorney M&C: C-2553 Date: 03/27/2012 M&C: C-27167 Date: 02/03/2015 Form 1295 Certification: N/A EOFFICIAL RECORDAmendment No.2 to CSC No.46898 Y SECRETARYPage 3 Tarrant County Housing Partnership,Inc. (CHDO Funds) Rev. 04/2016 WORTH, TX