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Home My WebLink AboutContract 27860�IiY ��CREiARY , . , , CONTRA� f IVO . .��,�� AME�TDIVIEI�TT TO CITY SECRETAR.Y COI�TTRACT 1�T0. �388� STATE OF TEXAS § § COUNTY OF TARRAI�T § THIS coniract amendment is made and entered into by and between the City of Fort Worth ("City"), acting by and through Reid Rector, its duly authorized Assistant City Manager, and the Mitchell BouIevard Development Corporation, Tnc. ("Contracio�"), by and thraugh G�rald Shaw, its duly autborized President. Contractor's business addr�ss is 2517 Thannisc� Avenue, Fort Worth, Texas 7b I05. Wf�REAS, the C�ty of Fort Wo�th and Contractor have heretofore entered into City Secretary Contract (CSC)No. 23885 as amended by CSC Nos. 26058, 24b07 and 26919, to provide Cornmunity Development Block Grant (GDBG) funds to support 11Titchell Boulevard's Model Blacks program abjectives and WI�REA�, the said contaract expires by its terms on 7uly 1b, 2002, and WE�REAS, the contract aIIows far a one time extension of tf�e contract far 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 Cantract No. 23885 to meef the project goals. NOW, THEREFORE, in consideratian of these prerrusss and the terms and conditions hereinaft�r set forth, the parties covenant and agree as fflllows: 1. The term of Cantract No. 23885 is hereby amended and e�rtended until July 15, 2003. '" 2. All other terms and condit�ons of the contract remain. in full force and effect, binding upan the parties, a.nd are hereby ratifiea by the parties. IN WITNESS WHEREOF, the parties hereta ha�+� e�ecttted four copies af tlus contract extension in Fort Warth, Tarram County, Texas, this � day of Tuly, 2002. ,n,, � - - ±4� U M Ci�y of'.�ort Dfi�orth, T`exas �r��r �� r�� c�t;�� DAT� REFEFt�NCE NUMBER LaG NAM� PAGE ' ��210� **Cd�$6"i4 I 05MITCHELL � 1 af3 I SIJBJECT C4NTRACT EXTENSION AND REALLOCATi4N OF COMMUNITY DEVELOPMENT BLQCK GRANT FUNDS FQR THE MITCHEL� BOULEVARD DEVELOPMENT CORP�RATION RECOMMENDATION: It is recommended #hat the City Counci�: 1 Authorize the City Manager io extend City Secretary Contract {CSC) No, 23885, as amended by CSC Nos. 26058 and 24607, with the Mitchell Baulevard Development Carpora#ion {MBDC), inc. for ane year fram the date of execution of the contract amendment; and 2 A�thorize the reallocation previously cont�acted with pragram s�pport; a�d of $3�,60a in Year XXfI Community Developm�nt B�ock Grar�t funds, the MBDC for their Exterior Home Beautification Matching Grant fund, to 3 Authorize the City Manager ta �xtend the contract with the MBDC, if tF�ey request an extension; and 4 Aufhorize amendment of the contract, if necessary, io achieve pra�ect goals, pravided that the amendment is within the sco�e of the project and in campliance with applica6fe laws and regulations. DISCUSSION: The MBDC is fF�e development arm of tF�e Mitchell Boulevard Model Blocks. After receiving the $1.2 million Modef Biocks award in 1995, residents created and empowered the MBDC to carry out, on their behaff, housing, eommuni#y, and economic development activities. The MBDC operates as a Community Ho�sing Developm�nf Organization and as a Community Based Devela�ment Organization. This extension wifl allow fhe MBDG to fulfill its eontrac�ua! obligations to the Mifchell Boulevard communify and the Cify af Fort Worth. Tl�e MBDC is currently working on tF�e construction af a commercia! facilify, whicf� they will feas� to variaus types of commerciallretail enterprises. This faciiity will provide services and econamic opportunity for the area and provide an income stream to support the MBDCs confinued operations. Leasing ot the c�mpleted structure is sched�fed to begin in the Fa[I 2001. I As a housing provi�er, t�e MBDC is continuing to expand its capacity. They have completed t�e rehabilitation and sale of one home, and fhe constr�ction of tr�vo �omes for �ow/moderate income first- time homebuyers. They currently hav� oRe unit under construction, and ihree units scheduled to begirt rehabilitation in the near future. TF�e MBDC continues fo ac�uire �acant lofs and hauses �or its on- � going ha�sing developmenf program. The MBDC is finalizing the purchase of the property, which is to be the site of the proposed neigF�borhood park. The desig� is complet�, and construction should begin soon thereafter. � �ity of �ort T�V �o�th, Texas �r �r� �n� ��t�d ��rt��ti��t�� DATE RE�'�RENCE NUMBER LOG NAME PAGE 6/1210� **�d��1� I 05MITCHELL 2 0� � SUBJECT CONTRACT EXTENSION A�Jb REAL�OCATIQN OF COMMUNfTY DEVELOPMEI�T BLOCK GRANT FUNDS FOR THE MITCHELL B�UL�VARD DEVEL.�PMENT CORPORATION As nated above, fhe MBDC is making pragress in all areas ot their re�i�afization strategy. However, marketing of their Exteriar Home Beautifiicafion Matching Grant program has met with only Eimited success. Therefore, tF��y �ave halted the program, and request tha# remaining funds �e realfocated fo provide support for their other programs. Current allocations for activities under cc�ntract with fhe MBDC are as fo�lows: �Iloca�ion Commercial facility consfiructian {retail cenier) Housing purchase, rehabilitation and resale Neighborhood park devefopment Vacant lot purchase for housing development MBDC op�rating suppart E�cterior home improvement grants Nfarketing �otal $354,QQ0.00 $258, � 24.77 $� 00,000.00 $ 60,017.00 $ 7'O,OOQ.00 � �a,oQa.00 $ 5.oaa.ao $$$3,141.�i �penfi $185,059.87 $� 68,062.69 $ 32,4�4.65 $ 47,855.9fl $ 70,OQQAO $ 8,400.pQ $ 4.77�.�2 $�'16,6U9.23 Funding far activifies under confract with th� MBDC after realloca�ion are as follows: �.Cloca#ion Commercial facility cortstruction (retail center} Hausing purchase, rehabili�ation and resale Neighborhood park deve[opment Vacant fot purchase for housing development MBDC operating s�pport Exterior home improvem�nt grants Marketing �'otai $3�4,OOOAO $258,'! 24.77 $100,aoo.aa $ 6Q,0� 7.00 $10'I ,600.00 $ 8,4Qa,00 � �.00a.oa $��3,'�4'I .1�' St�ent $185,059.$7 $'i fi8,a62.69 $ 32,454,65 $ 47,855.90 � 7o,aoo.00 $ 8,4Q0.00 $ 4,776.12 $�'i 6,fi09.�3 �alance $ � 24, 94(}.13 $ 90, Q62.08 $ 67,545.35 $ �2,�6�.�D -0- $ 31,60DAfJ $ 223.88 �32f,�3�.�4 �afancQ $124,940.13 $ 9Q,062.�8 � 67,545.35 $ 12,161.1a � ��,�ao.ao -D- $ 223.88 $326,53�.�4 A public comment period was extended from April 2, 20Q1 ta May 1, 2001, fo solicit citizen input on I these actio�s. No respanses were received. The Mitcheif Boulevard Modei Blocks is located in C4UNCIL DfSTRICT 8. The 5afety and Community De�elopment Committee reviewed t�is propo�al on May 8, 2001 and recommends City Council approval. �`i�y o, f �''ort �o�th, T'exas ��r ar�� ,�r�r��l �,��un�c��r� DATE REFEF2ENCE NUMB�R LOG NAME PAGE 6112/01 '**��ry �61 � 45MITCHELL 3 of 3 sua.�EeY CQNTRACT EXTENSION ANQ REALLOGATiON 4F COMMUNITY DEVE�.OPMENT BLOCK GRANT FUNDS FOR TH� MlTCHELL BOULEVAFtD DEVELOPMENT CORPORATION FISCAL lNFORMATION/CERTIFIGATION: The Finance Director certifies that u�on approva! of the abave recommendations, funds will be avaiiable in the current opera#ing budget, as appropriated, af the Grants Fund. I LW :k Submitted ior City Manager's � Office by: Libby Watson , Originating Departmenf Head: 7erame Walker Addiiional Infor�nation Contact: Jerome Walker �+'YI1�A � ACCOUNT � CEI�ITER I AMOUNT (to) 2) GR76 � 53912a OQ5206'l22780 $31,6DO.Q0 6183 7537 � (fram) � 2} GR76 7537 53912Q QQ5206122760 $31,600.0� CTTX SECR�TARY