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HomeMy WebLinkAboutContract 43774-A1 cffy,$Ec C014TRA ti{41IF FIST AMENDMENT TO CITY SECRETARY CONTRACT RACT N . 43774 WHEREAS the City of Fort Worth "City" and Tarrant County Housing Partnership, hie. ("Agency"), made and entered into City Secretary Contract No. 43774("Coiltract"), WHEREAS, City desires to modify the Insurance and Bonding, requirements in the Contract; and WHEREAS it is the inutual desiu•�� �City �� Agency t+ amend -the Contract to asst Contract objectives. NOW, THEREFORE, City and Agency hereby agree to amend the Contract as f ll ws.: Section 1 "Insurance and o of the Contract is hereby deleted and replaced with the following language to be effective October 1, 2012 17. Insurance and Bondi n Agency will maintain coverage n the form of insurance or bond in the amount of$97,608.00, to insure against loss from the fraud, theft or dishonesty of any of Agency's officers, agents, trustees, directors car employees. The proceeds of such insurance or bond shall be used to reimburse City for any and all loss of City Funds occasioned by such misconduct. To, effectuate such reimbursement, such fidelity coverage shall include a rider stating that reimbursement for any loss or losses shall name the City as a Less Payee. Agency shall furnish to City in a, timely manner, but not later than the Effective Date, certificates of insurance as proof that it has secured and paid for policies, of commercial insurance as specified herein. If City has not received. such certificates by the Effective Date, Agency shall be in default of the Contract and City may, at its option, terminate the Contract. Such insurance shall cover all insurable risks incident to or in connection Frith the e�ecuti�n, p►erf urna.nce, attem �ted performance Dance or on erforrnanc�e of this Contract. Agency shall maintain, or require its contractors to maintain, the following coverage and limits thereof: Commercial General Liability CGL ln.surance 5101 , each occurrence 1,0 , aggregate limit Non-Profit Or anization Liabiji,ty or Directors & Officers Lia ilit OFFICIAL RECORD First Amendment to CSC No.43774 ary SECRETARY GENERAL FUNDS ,PSA CONTRACT Tarrant o n y Housing Partnership, to . FT. WORTHI, TX R E C E I VE 0 APIR - 6 20-1*3 i 000,000 Each Occurrence $1,000,000 Annual Aggregate Limit Business Automobile Liability Insurance 1,000,000 each accident on a combined single-limit basis,, or $250,000 Property Damage $500,000 Bodily Igjury per person per occurrence $2,000,000 Aggregate Insuranc e!policy shall be endorsed to cover"Any Auto", defined as aLAOS owned, hired, and non-owned. Pending availability of the above coverage and at the discretion of City, the policy shall be the pritnary responding 'insurance policy versus a personal auto insurance policy if or when 'in the course of Agency's business as contracted herein. Workers' Compensation Insurance Part A: Statutory Limits Part B.- Ernployer's Liability $100,000 each accident $1001',000 disease-each employee $500,000 disease-policy limit Note- Such insurance shall cover employees performing work on any and all projects including but not limited to construction, demolition, and rehabilitation. Agency or 'its contractors shall maintain coverages, if applicable. In the event the respective contractors do not maintain coverage, Agency shall maintain the coverage on such contractor, if applicable, for each applicable contract. Additional Requirements Such insurance! amounts shall be revised upward at Oty's reasonable option and no more fi-eque!ntly than once every 12 months, and Agency shall revise such amounts within 30 days following notice to Agency of such requirements. Agency will Submit to City documentation that it has, obtained insurance coverage and has executed bonds as required in this Contract prior to payment of any monies provided hereunder. Where app�licable, insurance policies required herein shall be endorsed to include City as an, additional insured as its interest may appear. Additional insured parties shall include employees, officers, agents, and volunteers of City. First Amendment to CSC No.43774 GENERAL FUNDS PSA COOT RACT-Tarrant County Housing Partnership, Inc. The Workers' Compensation Insurance policy shall:, be endorsed to 'Include a waiver of subrogation, also referred to as a waiver of rights of reco�veryn favor of City. Any failure on part of City to request certificate s) of insurance shall not be construed as a waiver of such requirement or as a waiver of the insurance requirements,themselves. Insurers, of Agency's insurance policies, shall be licensed to do business in the state of Texas by the Department of Insurance or be otherwise eligible and authorized to do business in the state, of Texas. Insurers shall be acceptable to City insofar as their financial strength and solvency and each such company shall have a current minimum A.M. Best Key Rating Guide rating, of A--, VII or other equivalent insurance industry standard rating otherwise approved by City. Deductible limits, on insurance policies shall not exceed S51,000 per occurrence unless the approved by City. In the event there are any local, federal or other regulatory insurance or bonding requirements for the Program, and such requirements exceed those specified herein, the former shall prevail. Agency shall require its contractors to maintain applicable insurance coverages, limits, and other requirements as those specified herein; and Agency shall require # is ontractors to pr 'ovi de Agency with certificate(s), of insurance documenting i c such coverage. Also, Agency shall require its contractors to have City and Agency endorsed as additional insureds (as their interest may appear) un their, respective 'insurance policies. Directors and Officers Liability coverage shall be in force and may be provided on a, claims made basis. This coverage may also be referred to as Management Liability, and shall protect the insured against claims arising out of alleged errors in judgment, breaches of duty and wrongful acts, arising out of their organizational duties. Coverage shall protect not only the entity, but all past, present and future directors, officers, trustees, employees, volunteers and committee members. IL All other teens 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. �ISIGNATURES APPEAR ON FOLLOWING PAGE] First Amendment to CSC No.43774 GENERAL FUNDS PSA CONTRACT-Tarrant County Housing Paiinership,Inc. ACCEPTED AND AG : TARRANT COUNTY HOUSING PA �TNER IP, INC, CITY O'FORT WORTH ........ By.- By: 414" sl Do a ,,Zernando Costa, Assistant City Manager 1%0 % ATTEST. ED AS TO FORM AND ITY: it y i e Assistant City Attome Se er y M&,C C-25 Date•- 8/7/2012 OFFICIAL RECORD First Amendment to CSC No.4,37'74 GENERAL FUNDS P"E"A CONTRACT-Tarrant County Housing Partnership,Inc. CITY SECRETARY no IWORTH) TX ly M Review Page I of 2 Of icial site of L Oty of For Worth,Texas Aoft FORT WORT111 ITY COUNCIL AGENDA COUNCIL ACTION: Approved on 9/11/2012 NOW DATE: 9/11/2012 REFERENCE NO.:**C-25802 LOG NIAIVIll 1 'TCHP-HOUSING COUNSELING CODE: C TYPE: CONSENT PUBLIC NO HEARING: SUBJECT': Authorize Allocation from the Housing Trust Fund to Tarrant County Housing Partnership, Inc., in the Amount of$97,608.00 for Housing Counseling, Services anid Authorize Execution of an Appropriate Contract for Such Services (ALL COUNCIL DISTRICTS) 0 RECOMMENDATION: It is recommended that the City Council.- 1. Authorize the use of gene�ral funds from the City's Housing Trust Fund in the amount,of $97,608.00 for housing: counseling services for Program Year 2012-2013; 2. Authorize the City Manager or his,designee to execute a contract with Tarrant County Housing Partnership, Inc., in the amount of$97,608.00 for housing counseling services for a term beginning October 1, 2012 and endingi September 3lo, 20113; and 3. Authorize the City Manager or his designee to amend the contract, if necessary, to achieve program goals provided any amendment is within the scope of the program and in compliance with all applicable laws and regulations. DISCUSSION: In 2010, the City adopted its Consolidated Plan which outlines how the City will spend federal grant funds received from the United, States Department of Housing and Urban Development. The Plan states that the City will use a portion of its federal grant funds to increase homeownership through housing counseling of 300 new homebuyers from 2010­2013. On August 17, 2010, (M&C C-244,01)the City Council approved the City's Action Plan for Program Year 2010-2011 'which provided the amount of$1,33,092.00 of Community Development Block Grant (CDBG)funds for the,City's Housing Counseling and Foreclosure Prevention program. Because C G grant reductions decreased funds for administrative costs, the City eliminated its Housing Counselling and Foreclosure, Prevention Program and out sourced it and the CD funds to Tarrant County Housing, Partnership, Inc. (TCHP). TCHP provides these service to low and moderate income residents. In order to fund this program in 2011 2012, TCHP competed for CD BG funds with other public service agencies and was awarded the amount of$133,0192.00 (M&C C-24564, CSC No. 41755). In 2012, TCHP again competed for CUBE funds, but did not receive an award because of reduced CC funding. Since the City's Consolidated Plan provides that the City wound assist 30,01 new hornebuyeirs,with housing colun s,elin�g, Staff recommends providing the amount of$97,608.00 to TCHP in order that they can continue the program in 2012-2013. The funds would come from the General Fund portion of the City's Fort Worth Housing Trust, Fundl. If approved for funding, TCHP will provide home ownership training in accordance with HUD requirements, including in-depth one-on-one pre,-pur�c,hase housing counseling consilsting of money management including basic debt management, household budgeting and consumer education, as http://apps.cfwnet.org/'Co,unc*l ket/ c rev iew.asp?1D=173 68&councl Idate=9/11/2012 3/28/2013 1_pac m — 0 M&C Review Page 2 of 2 well as foreclosure prevention services. T P will be paid on a monthly reimbursement schedule and will provide reports to the City and maintain documentation addressing quality assurance and regulatory compliance. TCHIP housing counseling and foreclosure prevention services will be available in ALL COUNCIL DISTRICTS. FISCAL INFO'S RMAT10NICIERTIFICATIO'N: The Financial Management:Services Director certifies that upon approval of the above recommendation, and upon adoption of the Fiscal Year 2012-2013 budget by the City Council to include the above recommended item(s), funds will be available in the Fiscal Year 2012-2013 operating budget, as appropriated, in the Fort Worth Housing Finance Corporation Fund. TO Fund/AccounVCenters FROM Fund/Account/Centers R1091 539120 017109007012 $ _7.&08.00 R109 539120 IT.+ $97,608.100 .......... ............ ..................... ......-......... ...... ------- .-........ ...-........................... .......... —...... ............. Submitted Fernando Costa (6122), Cori gj,.n.gting-DepartmeM Head.* Jay Ch'apia 1(5804) Cynthia Garcia (8187) Additional) Inf ter mati"on Contact: Roblin Bentley (x 315 ......... ....................l'-..................... ATTACHMENTS http-.//apps.cfwiiet.org/cotinc'I iew.asp 1 _placket/me–rev* ?ID=I 7368&counc1'1date=9/11/2012 3/28/2013