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HomeMy WebLinkAbout024931 - Construction-Related - Contract - Fort Worth Housing Finance Corporation (FWHFC)STATE OF TEXAS ) CITY SECRETARY CONTRACT NO. l COUNTY OF TARRANT ) THIS contract ("Contract") 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 Fort Worth Housing Finance Corporation ("Contractor"), a Texas nonprofit corporation organized under the Texas Housing Finance Corporations Act, acting by and through Ralph McCloud, its duly authorized Board President. Contractor's business address is 1000 Throckmorton St., Fort Worth TX 76102. WHEREAS, the City of Fort Worth has received grant funds from the United States Department of Housing and Urban Development ("HUD") through the Community Development Block Grant Program, HOME Investment Partnership Program (HOME) and Rental Rehabilitation Program Income (RRP Income), and WHEREAS, the primary purpose of these Programs is to benefit low and moderate income citizens of Fort Worth; WHEREAS, the Fort Worth Housing Finance Corporation is an eligible housing development entity which assists persons of low and moderate income in acquiring and owning decent, safe and sanitary housing they can afford; and, WHEREAS, the citizens of Fort Worth and its City Council have determined that an Infill Housing Development Program ("Infill Program") is needed to revitalize central -city neighborhoods and to make homeownership of decent, safe and affordable housing available to low and moderate income citizens of Fort Worth; NOW, THEREFORE, THIS AGREEMENT FURTHER WITNESSETH: THAT, the parties covenant and agree as follows: 1. Scope of Services a. Contractor will use when applicable CDBG, HOME and/or RRP income funds to undertake the following housing development activities ("Program") for three (3) years from the date of execution of this Contract: (1) Administer preparation costs for Contractor owned lots. (2) Acquire privately owned properties for the Infill Program when they are contiguous to or near Contractor owned properties and will contribute to the overall improvement of a neighborhood. (3) Oversee the bidding and awarding of construction contracts in the Infill Program. (4) Monitor work performed by construction contractors and their subcontractors to ascertain that all work is performed completely, professionally and with an appropriate level of quality. (5) Design, advertise and market houses built or rehabilitated in the Infill Program. c6Yp��( QECGM� GAY T1X�o UV�IU,UY90 (6) Provide construction and mortgage financing from available funds. (7) Secure additional financing from other public or private sources. (8) Track housing inventory and provide maintenance to the existing houses in the Infill Program. (9) Receive, review and determine eligibility of applications for the Infill Program. (10) Provide homebuyer training and counseling. b. City will monitor the performance of the Contractor against the goals and performance standards with this Contract. If action to correct such substandard performance is not taken by Contractor within a reasonable period of time after being notified in writing by City, contract suspension or termination procedures will be initiated in accordance with the provisions set forth in this Contract. 2. Compensation and Method of Payment a. City will disburse Federal funds in an amount up to $860,756 directly to vendors on behalf of Contractor upon receipt of invoices or other documentation of expenses for the services provided within the scope of this Contract. b. Contractor will maintain monthly financial documents: Invoices, Receipts, Check Request (MARS) forms etc. for payment of eligible expenses made against the program funds specified in Exhibit B-HFC Budget. c. Contractor agrees to utilize all disbursed Federal funds for the benefit of the Program. Contractor agrees that funds will be expended in accordance with the Program Operating Budget. Contractor may not increase or decrease line -item amounts in the approved Program Operating Budget without prior written approval by the City. d. Contractor will not commingle CDBG, HOME or RRP income with any other funds in any manner which would prevent City from readily identifying program expenditures for operation of the Program. 3. General Provisions a. Contractor will require all construction contractors or subcontractors, to maintain a commercial general liability insurance policy in the amount of $100,000,000 per occurrence, and worker's compensation insurance in the amount required by state laws. b. Contractor will require all construction contractors and subcontractors to comply with the procedures concerning lead -based paint hazards, in accordance with HUD Lead -Based Paint Regulations. c. Contractor shall require all construction contractors in each site preparation to execute, prior to submission of his final statement for payment, an affidavit, as approved by City, certifying that all persons, firms, associations, corporations or other organizations furnishing labor and/or materials, have been paid in full and that no claims are pending for labor or materials, personal injury or property damage. Contractor covenants and agrees that it shall comply with all laws of the State of Texas with respect to the necessary retainage of payment to contractors so as to protect the owners or property materialman's liens, and more particularly, Contractor shall comply with state law with respect to such secured by a promissory note without lien. 2 4. Uniform Administrative Requirements and Program Management Standards a. Financial Management i. Accounting Standards The Contractor agrees to comply with 24 CFR Part 84 and agrees to adhere to the accounting principles and procedures required therein, utilize adequate internal controls, and maintain necessary source documentation for all costs incurred. ii. Cost Principles Contractor shall administer the Program in conformance with OMB Circular A-122, "Cost Principles for Non -Profit Organizations" and attachments and revisions thereto, regarding principles for determining costs for the Program. b. Documentation and Record Keeping i. Requirement Contractor shall maintain all records pertinent to the activities to be funded under this Agreement required by HUD regulations specified in 24 CFR Subpart 570.506, 24 CFR 92 Subpart K and 24 CFR 511 Subpart H. In addition, Contractor agrees to keep records to fully document all expenditures charged to the CDBG, HOME or RRP income whichever fund is applicable. The documentation must support the amounts charged to Program and demonstrate that the expenditures were appropriate to the stated goals of the Program and allowable under applicable federal, state and City guidelines. Such records shall include but not be limited to: (1) Records providing a full description of each activity; (2) Records demonstrating that each activity undertaken meets one of the National Objectives of the CDBG program when applicable -1) benefit low/moderate income persons, 2) aid in the prevention of slums or blight, 3) meet community development needs having a particular urgency -as defined in 24 CFR Part 570.208. (3) Records required to document the acquisition, improvement, use or disposition of real property acquired or improved with the applicable CDBG, HOME or RRP income assistance. Contractor shall maintain real property inventory records, which clearly identify properties purchased, improved or sold. Properties retained shall continue to meet eligibility criteria and shall conform with the "changes in use" restrictions specified in 24 CFR Part 570.503(b)(8); ii. Retention (1) All records pertaining to Program shall be retained for five (5) years following the date of termination of this contract. Contractor may destroy Program records at the end of this five (5) year period if no outstanding audit finding exists. (2) Contractor will retain Program loan records until (5) years after the expiration of the loan. iii. Property Records The contractor shall maintain real property inventory records which clearly identify properties purchased, improved, or sold. Properties retained shall meet eligibility criteria and shall conform with applicable CDBG requirements in 24 CFR Subpart 570.505, HOME requirements in 24 CFR Subpart F and RRP requirements in 24 CFR Subpart H. iv. Close Outs The Contractor's obligation to City shall not end until all close-out requirements are completed. Activities during this close-out period shall include, but are not limited to: 3 making final payments, disposing of program assets (including the return of all unused materials, equipment, unspent cash advances, program income balances, and accounts receivable to City), and determining the custodianship of records. v. Audits and Inspections (1) City, HUD, and the United States Comptroller General, or their representatives, shall have access to any books, documents, records and papers relating to the operations of Contractor under this Agreement for the purpose of audit, examination, exception and transcription at all reasonable hours at all offices of Contractor. (2) For all contracts in the amount of $300,000 or more, Contractor must submit to City an annual audit prepared in accordance with 24 CFR Sections ❑ 570.502-570.503 generally, with specific reference to OMB Circulars (with attachments) A-122 and A-133 as appropriate. The audit may cover either Contractor's fiscal year during which this contract is in force or cover the period of this contract. The audit must be prepared by an independent certified public accountant, be completed within twelve (12) months following the end of the period being audited and be submitted to City within thirty (30) days of its completion. Costs of preparation of this audit may be an allowable expenditure of federal funds in an amount proportional to that of the federal funds used in contractor's total agency operating budget. (3) City reserves the right to perform an audit of Contractor's program operations and finances at any time during the term of this contract, if City determines that such audit is necessary for City's compliance with OMB Circular A-128. Contractor agrees to allow access to all pertinent materials. If such audit reveals a questioned practice or expenditure, such questions must be resolved within fifteen (15) days after notice to Contractor. If questions are not resolved within this period, City reserves the right to withhold further funding under this and/or future contract(s). (4) If as a result of any audit it is determined that Contractor has misused, misapplied or misappropriated all or any part of the grant funds described herein, Contractor agrees to reimburse the City the amount of such funds so misused, misapplied or misappropriated, plus the amount of any sanction, penalty or other charge levied against City because of such misuse, misapplication or misappropriation. 5. Reporting Procedures a. Program Income Contractor agrees that all program income from operation of the Program in proportion to the amount of Federal funds received hereunder will be expended prior to expending Federal funds and that any such program income is subject to the terms of this contract. The Contractor may expend Federal funds only if program income is insufficient to meet all eligible program activity expenses. b. Progress Reports Contractor will submit a report monthly to the City describing status of contract activities undertaken by Contractor in performance of this contract. The report will be signed by a duly authorized agent of Contractor and submitted by the 15th of the month following the month which is reported. Attached hereto as Exhibit C-HFC-Infill Housing Monthly Report. c. Procurement i. Compliance Contractor agrees to notify City upon purchase of property so that it may be properly 4 inventoried. Contractor shall comply with City policy concerning the purchase of equipment and shall maintain inventory records of all non -expendable personal property, as defined by such policy, procured with funds provided herein. ii. OMB Standards The Contractor shall procure all materials, property, or services in accordance with the requirements of 24 CFR Subpart 84, covering utilization and disposal of property. d. Relocation, Acquisition and Displacement The Contractor shall comply with applicable CDBG 24 CFR 570.606, HOME 24 CFR 92.353 and RRP 24 CFR 511.14 relating to the acquisition and disposition of all real property utilizing Federal funds, and to the displacement of persons, businesses, nonprofit organizations and farms occurring as a direct result of any acquisition of real property utilizing Federal funds. The Contractor shall comply with applicable City Ordinances, Resolutions, and Policies concerning displacement of individuals from their residences. 6. Reversion of Assets All property purchased with Federal funds under this contract will be used solely for operation of the Program. Title to such property will be vested with the Contractor, and, at the termination of the Program for which Federal funds have been received, Contractor will deliver all such property to City for disposition at City's sole discretion. In the event the Contractor administering the revolving fund established under this contract is dissolved, this contract shall thereupon terminate. In the event this contract is terminated with or without cause, or for any reason whatsoever, all assets of the revolving fund including cash, interest payments thereon from loans or otherwise, all outstanding notes, mortgages and other instruments to secure Federal funds and any real property valued in excess of $25,000 owned by the Contractor less than five years or a longer period of time that was acquired or improved with Federal funds from the revolving fund shall belong to the City and shall be transferred to the City or to such assignees as the City may designate. 7. Applicable Laws a. Contractor agrees to comply with the following federal laws and regulations issued thereunder as they are currently written or are hereafter amended during performance of this contract: • Title VI of the Civil Rights Act of 1964 (42 USC 2000d et seq) • Title VIII of the Civil Rights Act of 1968 (42 USC 3601 et seq) • Executive Orders 11063, 11246, as amended by 11375 and as supplemented by Department of Labor regulations (41 CFR, Part 60) • The Age Discrimination in Employment Act of 1973 (29 USC 794) • Section 504 of the Rehabilitation Act of 1973 (29 USC 794) • The Immigration Reform and Control Act of 1986 (Pub. L. 99-603, 100 Stat. 3359 , as amended), specifically including the provisions requiring employer verification of the legal status of its employees • The Housing and Community Development Act of 1974, as amended • Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended • The Americans with Disabilities Act of 1990 (42 USC 12101 et. seq.) • Clean Air Act, (42 USC 1857 et seq.) • Federal Water Pollution Control Act, as amended 33 U.S.C. 1251, et. seq., as amended 1318 relating to inspection, monitoring, entry, reports, and information, as well as other requirements specified in said Section 114 and Section 308, and all regulations and guidelines issued thereunder • Environmental Protection Agency (EPA) regulations pursuant to 40 CFR, Part 50, as amended • National Environmental Policy Act of 1969. • HUD Environmental Review Procedures (24 CFR, Part 58) b. Contractor, in the operation of its Program, will comply with all applicable laws and regulations concerning lead -based paint, including but not limited to 24 CFR 35 and will require any subcontractors likewise to comply. c. Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 USC 1701 As the work to be performed under this contract is on a project assisted under a program providing direct Federal financial assistance from the Department of Housing and Urban Development and is subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 USC 1701, Contractor covenants to abide by the requirements of the said Section 3. It requires as follows: (i) That, to the greatest extent feasible, opportunities for training and employment be given to lower income residents of the project area, and (ii) That, to the greatest extent feasible, contracts for work in connection with the project be awarded to business concerns which are located in or owned in substantial part by persons residing in the area of the project. Contractor will comply with the provisions of said Section 3 and the regulations issued pursuant thereto by the Secretary of Housing and Urban Development, set forth in 24 CFR 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of this contract. Contractor certifies and agrees that it is under no contractual or other disability which would prevent it from complying with these requirements. Contractor agrees that it will send to each labor organization or representative of workers with which it has a collective bargaining agreement or other contract or understanding, if any, a notice advising the said labor organization or workers representatives of its commitments under this Section 3 clause and shall post copies of the notice in conspicuous places available to employees and applicants for employment or training. Contractor agrees that it will include the said Section 3 clause in every subcontract for work in connection with the project and will, at direction of City, take appropriate action pursuant to the subcontract upon a finding that the subcontractor is in violation of regulations issued by the Secretary of Housing and Urban Development, 24 CFR 135. Contractor agrees that it will not subcontract with any subcontractor where it has knowledge that the latter has been found in violation of regulations under 24 CFR 135 and will not let any subcontract unless the subcontractor has first provided Contractor with a preliminary statement of ability to comply with 6 the requirements of these regulations. City and Contractor understand and agree that compliance with the provisions of Section 3, the regulations set forth in 24 CFR 135, and all applicable rules and orders of the Department issued thereunder prior to the execution of this contract shall be a condition of the Federal financial assistance provided to the project, binding upon the City and the Contractor, and their respective successors, assigns and subcontractors. Failure to fulfill these requirements shall subject Contractor and its subcontractors, its successors and assigns, to those sanctions specified by the Grant Agreement through which Federal assistance is provided and to such sanctions as are specified by 24 CFR 135. d. Other Laws Contractor covenants and agrees that its officers, members, agents, employees, program participants and subcontractors shall abide by and comply with all other laws, federal, state and local, relevant to the performance of this contract, including all ordinances, rules and regulations of the City of Fort Worth and the Housing and Community Development Act of 1974, as amended. Contractor further promises and agrees that it has read, and is familiar with, terms and conditions of the Grant under which funds are granted (CDBG, HOME and RRP regulations) and that it will fully comply with same. It is agreed and understood that, if City calls the attention of Contractor to any such violation on the part of Contractor or any of its officers, members, agents, employees, program participants or subcontractors, then Contractor shall immediately desist from and correct such violation. 8. Nondiscrimination a. Contractor, in the execution, performance or attempted performance of this contract and agreement, will not unlawfully discriminate against any person or persons because of sex, race, religion, age, disability, color or national origin, nor will Contractor permit its officers, members, agents, employees, subcontractors or program participants to engage in such discrimination. b. In accordance with the policy of the Executive Branch of the federal government, Contractor covenants that neither it nor any of its officers, members, agents, employees, program participants or subcontractors, while engaged in performing this contract, shall, in connection with the employment, advancement or discharge of employees or in connection with the terms, conditions or privileges of their employment, discriminate against persons because of their age except on the basis of bona fide occupational qualification, retirement plan or statutory requirement. c. Contractor further covenants that neither it nor its officers, members, agents, employees, subcontractors, program participants, or persons acting on their behalf, shall specify, in solicitations or advertisements for employees to work on this contract, a maximum age limit for such employment unless the specified maximum age limit is based upon a bona fide occupational qualification, retirement plan or statutory requirement. d. In accordance with the provisions of the Americans With Disabilities Act of 1990 ("ADA"), Contractor warrants that it and any and all of its subcontractors will not unlawfully discriminate on the basis of disability in the provision of services to the general public, nor in the availability, terms and/or conditions of employment for applicants for employment with Contractor, or employees of Contractor or any of its subcontractors. Contractor warrants it will fully comply 7 with ADA's provisions and any other applicable federal, state and local laws concerning disability and will defend, indemnify and hold City harmless against any claims or allegations asserted by third parties or subcontractors against City arising out of Contractor's and/or its subcontractors' alleged failure to comply with the above -referenced laws concerning disability discrimination in the performance of this agreement. e. This Contract is made and entered into with reference specifically to the ordinances codified at Chapter 17, Article III, Division 3 ("Discrimination in Employment Practices"), of the City Code of the City of Fort Worth, and Contractor hereby covenants and agrees that Contractor, its officers, members, agents, employees and subcontractors, have fully complied with all provisions of same and that no employee, employee -applicant or program participant has been discriminated against by the terms of such ordinances by either the Contractor or its officers, members, agents, employees or subcontractors. 9. Prohibition Against Interest a. No member, officer or employee of City or its designees or agents; no member of the governing body of the locality in which the Program is situated; and no other public official of such locality or localities, who exercises any functions or responsibilities with respect to the Program funded hereunder during his or her tenure or for one year thereafter, shall have any interest, direct or indirect, in any contract or subcontract, or the proceeds thereof, for work to be performed hereunder. Contractor shall incorporate, or cause to be incorporated, like language prohibiting such interest in all contracts and subcontracts hereunder. b. No member, officer, employee, or program participant of Contractor or its subcontractors shall have a financial interest, direct or indirect, in this contract or the funds transferred hereunder or be financially interested, directly or indirectly, in the sale to Contractor of any land, materials, supplies or services purchased with any funds transferred hereunder, except on behalf of Contractor, as an officer, employee, member or program participant. Any willful violation of this paragraph with the knowledge, expressed or implied, of Contractor or its subcontractors shall render this contract voidable by the City of Fort Worth. 10. Minority and Women Business Enterprise Commitment Contractor agrees to abide by the City of Fort Worth's policy to involve minority and women business enterprises (MIWBEs) in all phases its procurement practices and to provide them an equal opportunity to compete for contracts for construction, provision of professional services, purchase of equipment and supplies and provision of other services required by City. Therefore, Contractor agrees to incorporate City Ordinance No. 11923, and all amendments or successor policies thereto, into all contracts and will further require all persons or entities with whom it contracts to comply with said Policy. 11. Non -Assignment Contractor will not assign any or all of its rights or responsibilities under this contract without the prior written approval of City. Any purported assignment without such approval will be a breach of this contract and void in all respects. 12. Independent Contractor a. Contractor shall operate hereunder as an independent contractor and not as an officer, agent, servant or employee of City. Contractor shall have exclusive control of, and the exclusive right 8 to control, the details of the work and services performed hereunder, and all persons performing same, and shall be solely responsible for the acts and omissions of its officers, members, agents, servants, employees, subcontractors, program participants, licensees or invitee. The doctrine of respondeat superior shall not apply as between City and Contractor, its officers, members, agents, servants, employees, subcontractors, program participants, licensees or invitee, and nothing herein shall be construed as creating a partnership or joint enterprise between City and Contractor. It is expressly understood and agreed that no officer, member, agent, employee, subcontractor, licensee or invitee of the Contractor, nor any program participant hereunder, is in the paid service of City and that City does not have the legal right to control the details of the tasks performed hereunder by Contractor, its officers, members, agents, employees, subcontractors, program participants, licensees or invitees. b. City shall in no way nor under any circumstances be responsible for any property belonging to Contractor, its officers, members, agents, employees, subcontractors, program participants, licensees or invitees, which may be lost, stolen, destroyed or in any way damaged; and Contractor hereby indemnifies and holds harmless City and its officers, agents, and employees from and against any and all claims or suits. 13. Indemnification, Hold Harmless and Defense Agreement Contractor covenants and agrees to indemnify, hold harmless and defend, at its own expense, City and its officers, agents, servants and employees from and against any and all claims or suits for property loss or damage and/or personal injury, including death, to any and all persons, of whatsoever kind or character, whether real or asserted, arising out of or in connection with the execution, performance, attempted performance or nonperformance of this contract and agreement and/or the operations, activities and services of the Program described herein, whether or not caused, in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City; and Contractor hereby assumes all liability and responsibility of City and its officers, agents, servants, and employees for any and all claims or suits for property loss or damage and/or personal injury, including death, to any and all persons, of whatsoever kinds or character, whether real or asserted, arising out of or in connection with the execution, performance, attempted performance or non-performance of this contract and agreement and/or the operations, activities and services of the programs described herein, whether or not caused in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City. Contractor likewise covenants and agrees to and does hereby indemnify and hold harmless City from and against any and all injury, damage or destruction of property of City, arising out or in connection with all acts or omissions of Contractor, its officers, members, agents, employees, subcontractors, invitees, licensees, or program participants, or caused, in whole or in part, by alleged negligence of officers, agents, servants, employees, contractors or subcontractors of City. 14. Insurance and Bonding Contractor shall procure and maintain the following insurance coverage for the life of this Contract and any extension period: a. Liability Insurance: • Commercial General Liability Insurance Policy: $1,000,000, each occurrence with an aggregate limit of $2,000,000. This insurance shall have -no exclusions by endorsement unless previously approved by City. 9 • Auto Liability Insurance Policy: $1,000,000, each occurrence This insurance shall cover "Any Auto" used in the course of operations of Contractor. b. Additional Insurance Requirements: (i) Contractor shall furnish to City a certificate or certificates of insurance documenting all insurance coverage's required herein within thirty (30) days of execution of this contract and prior to payment of any Infill Housing Development Program funds hereunder. Insurance documentation shall at all times in the course of this agreement reflect current insurance coverages. Any failure on part of City to request such documentation shall not be construed as a Waiver of any insurance requirements specified herein. (ii) Contractor understands and agrees that its limit of legal liability may not necessarily be limited to the limits and lines of insurance coverages specified by City and required herein. (iii) Contractor understands and agrees that insurance coverages specified herein may be revised at the City's option and in the event such are revised upward, Contractor shall revise its insurance and provide City documentation thereof within thirty (30) days following notice to Contractor of such requirements. (iv) City shall be endorsed as additional insured on all Contractor's insurance policies. (v) Contractor's insurance policies shall each be endorsed with a waiver of subrogation in favor of the City. (vi) Insurers of Contractor's policies must be acceptable to the City in terms of financial strength and solvency. They shall be licensed or otherwise authorized to do business in the State of Texas, as deemed by the Texas Department of Insurance. 15. Waiver of Immunity If Contractor, as a charitable or nonprofit organization, has or claims an immunity or exemption (statutory or otherwise) from and against liability for damages or injury, including death, to persons or property; Contractor hereby expressly waives its rights to plead defensively such immunity or exemption as against City. This section shall not be construed to affect a governmental entity's immunities under constitutional, statutory or common law. 16. Breach of Contract All terms, conditions and specifications of the contract shall be considered material, and failure to perform any part of the contract shall be considered breach of contract. Should the Contractor fail to remedy any breach of contract within fourteen (14) days after written notification to the Contractor of the violation, the City may, at its option and in addition to any other remedies available to it under law, terminate the contract. This contract shall not be terminated, however, if the Contractor has commenced to cure the breach within said fourteen (14) day period, and thereafter pursues such cure with reasonable diligence and in good faith. 10 17. Termination a. In addition to, and not in substitution for, other provisions of this Contract regarding the provision of services with federal funds, pursuant to any applicable CDBG regulations under the Housing and Community Development Act of 1974, as amended, HOME Program regulations and RRP provisions, it is expressly understood and agreed by and between the parties hereto that this Contract is wholly conditioned upon the actual receipt by City of Federal funds; that all money distributed to Contractor hereunder shall be exclusively from Federal funds received under said grant and not from any funds of City; and that if such funds under said grant are not timely forthcoming, in whole or in part, City may, at its sole discretion, terminate this contract and agreement and City shall not be liable for payment for any work or services performed by Contractor under or in connection with this contract. b. City may terminate this contract whenever such termination is determined to be in the best interest of City, in event of Contractor's default, inability or failure to perform or to comply with any of the terms herein, or for other good cause. c. The parties acknowledge that Federal funds paid hereunder are intended to provide only partial funding for Contractor's program operations. If non -Federal funds included in the Operating Budget are not forthcoming to Contractor during the contract term, City may terminate this contract. d. Federal funds provided hereunder may not be used as collateral for loans to Contractor to defray program operation expenses, and any attempted use of federal funds for this purpose will result in termination of this contract by City. e. Termination will be effected by written notice to Contractor, specifying the portions of the contract affected and the effective date of termination. Upon Contractor's receipt of such termination notice, Contractor will: (i) Stop work under the contract on the date and to the extent specified by City; (ii) Cease expenditures of Federal funds, except as necessary for completion of the portions of the contract not terminated; and (iii) Terminate all orders and contracts to the extent that they relate to terminated portions of the contract. f. Contractor will return to City any unused funds previously advanced by City under this contract within thirty (30) days of the effective date of contract termination. City will have no responsibility or liability for Contractor's expenditures or actions occurring after the effective date of contract termination. 18. Certification Regarding Lobbying a. The undersigned representative of Contractor hereby certifies, to the best of his or her knowledge and belief, that: No federal appropriated funds have been paid or will be paid, by or on behalf of Contractor, to any person for influencing or attempting to influence an officer or employee of any agency, a member of Congress, an officer or employee of Congress or an employee of a member of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan or cooperative agreement. Contractor shall require that the language of this certification be included in all subcontracts or agreements involving the expenditure of federal funds. b. If any funds other than federal appropriated funds have been paid or will be paid to any person for influencing or attempting to influence an officer or employee of any agency, a member of 11 Congress, an officer or employee of Congress, or an employee of a member of Congress in connection with this federal contract, grant, loan or cooperative agreement, Contractor shall complete and submit Standard Form-LLL, Disclosure Form to Report Lobbying," in accordance with its instructions. 19. Miscellaneous Provisions a. All terms of this contract shall apply to any and all subcontractors of Contractor who are in any way paid with Federal funds or who perform any work in connection with Contractor's program. b. The provisions of this agreement are severable, and, if for any reason a clause, sentence, paragraph or other part of this agreement shall be determined to be invalid by a court or federal or state agency, board or commission having jurisdiction over the subject matter thereof, such invalidity shall not affect other provisions which can be given effect without the invalid provision. c. The failure of the City to insist upon the performance of any term or provision of this Contract or to exercise any right herein conferred shall not be construed as a waiver or relinquishment to any extent of City's right to assert or rely upon any such term or right on any future occasion. d. Should any action, whether real or asserted, at law or in equity, arise out of the execution, performance, attempted performance or nonperformance of this contract and agreement, venue for said action shall lie in Tarrant County, Texas. e. This written instrument and the exhibits attached hereto, which are incorporated by reference and made a part of this contract for all purposes, constitute the entire agreement between the parties hereto concerning the work and services to be performed hereunder, and any prior or contemporaneous, oral or written agreement which purports to vary from the terms hereof shall be void. Any amendments to the terms of this contract must be in writing and must be approved by each party to this contract. 12 IN WITNESS WHEREOF, the partie hereto have executed four copies of this contract in Fort Worth, Tarrant County, Texas, this i` day of {,v}...t , A.D. 19 6T CITY OF F RT WORTH By: ibby Wat n Assistant City Manager APPROVED AS TO FORM AND LEGALITY: By: Assistant City Attorney Date O- - J /3,7 Contract Authorization Date 13 FORT WORTH HOUSING FINANCE CORP. By: R ph McCloud President, Board of Directors 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 thi A.D. 19 K. �►rY e1.IMTf �M " A a .z: to of Texas -' . o�rn�. Exp. 10-142000 STATE OF TEXAS ) COUNTY OF TARRANT ) s l day otZl No ary Public in d for the State of Texas BEFORE ME, the undersigned authority, a Notary Public in and for the State of Texas, on this day personally appeared Ralph McCloud, 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 for Fort Worth Housing Finance Corp. and in the capacity therein stated as its duly authorized officer or representative. 42 GIVEN UNDER MY HAND AND SEAL OF OFFICE this _ / day of A.D. 19 Not Public in and for The State of Texas SYLVIA GLOVER Notary PubMc *' * STATE OF TEXAS My OOmm, Exp, 06/30/2001 14 EXHIBIT A PROGRAM SUMMARY PROGRAM TITLE FORT WORTH HOUSING FINANCE CORPORATION-INFILL HOUSING PROGRAM CDBG HOME RR Prog. Inc. TOTAL PERSONAL SERVICES $0 $0 $0 $0 SUPPLIES $0.00 $0.00 $0.00 $0.00 CONTRACTUAL SERVICES $30,000.00 $303,600.00 $527,156.00 $860,756.00 CAPITAL OUTLAY $0.00 $0.00 $0.00 $0.00 TOTAL $30,000.00 $303,600.00 $527,156.00 $860,756.00 DESCRIPTION: The Fort Worth Housing Finance Corporation (HFC) is a housing development entitiy whose mission is to assist revitalize inner-city neighborhoods and to make homeownership of decent, safe and affordable housing available to low and moderate income persons.The HFC will use federal funds to undertake the following housing activities. o Administer preparation costs for Contractor owned lots. o Acquire privately owned properties for the Infill Program when they are contiguous to or near Contractor owned properties and will contribute to the overall improvement of a neighborhood. o Oversee the bidding and awarding of construction contracts in the Infill Program. o Monitor work performed by construction contractors and their subcontractors to ascertain that all work is performed completely, professionally and with an appropriate level of quality. o Design, advertise and market houses built or rehabilitated in the Infill Program. o Provide construction and mortgage financing from available funds. o Secure additional financing from other public or private sources. o Track housing inventory and provide maintenance to the existing houses in the Infill Program. o Receive, review and determine eligibility of applications for the Infill Program. o Provide homebuyer training and counseling. This contract begins on the date of contract execution and ends three years thereafter. 1*4:n:11d:1 HFC BUDGET SOURCE OF FUNDS HOME CDBG RENTAL REHAB PROGRAM INCOME AMOUNT $303,600.00 $30,000.00 $527,156.00 TOTAL $860,756.00 EXHIBIT C HFC-INFILL HOUSING MONTHLY REPORT Year To Status of Activities Month Date Number of Homes Sold Number of Homes Constructed Number of Homes Under Construction Number of Lots Acquired Signature of Authorized Representative Date City of Fort Worth, Texas tVDAyor And Council Communication DATE REFERENCE NUMBER NAME PAGE 4/20/99 C-1 7387 [LOG 05HFC 1 of 3 SUBJECT APPROVAL OF APPROPRIATION ORDINANCES AND CONTRACT WITH THE FORT WORTH HOUSING FINANCE CORPORATION FOR HOUSING DEVELOPMENT ACTIVITIES •u 9 A - It is recommended that the City Council: 1. Authorize the City Manager to execute a contract with the Fort Worth Housing Finance Corporation not to exceed a combined total of $860,756 in Community Development Block Grant (CDBG) funds, Rental Rehabilitation Program Income and HOME Investment Partnerships Program (HOME) funds to establish a revolving fund for housing development activities. The contract begins on the date of execution and ends three years thereafter; and 2. Approve the use of up to $30,000 in CDBG funds ($5,000 from Year XXIV and $25,000 from Year XVI), $527,156 in Rental Rehabilitation Program Income funds, and $303,600 in HOME funds ($120,000 from HOME Program Year 1997 and $183,600 from HOME Program Year 1998); and 3: Approve the deposit of $137,524 into the Fort Worth Housing Finance Corporation Fund from the TEXPOOL Account (an investment service for public funds) of Rental Rehab Program funds used as a source of Rental Rehab Loans; and 4. Approve the deposit of $88,766 into the Fort Worth Housing Finance Corporation Fund from the Rental Rehab Program bank account with Bank of America, which has been maintained to issue checks for Rental Rehab Loans; and 5. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Rental RehabProgram Fund by $300,866 from available funds; and 6. Approve the transfer of $300,866 from the Rental Rehab Program Fund to the Fort Worth Housing Finance Corporation Fund; and 7. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations by $527,156 in the Fort Worth Housing Finance Corporation Fund. DISCUSSION: On April 23, 1996 (M&C G-1 1463), the Fort Worth City Council adopted a resolution amending the Fort Worth Housing Finance Corporation's (FWHFC) Articles of Incorporation to effectuate changes in the FWHFC scope of responsibility. These changes allow the FWHFC to undertake housing development activities in designated areas that include the actual acquisition of land, development and construction of new single-family homes that are decent, safe, sanitary and affordable to the citizens of Fort Worth. City of Fort Worth, Texas 4vagor and Council Communication DATE REFERENCE NUMBER LOG NAME PAGE 4/20/99 C-17387 05HFC 2 of 3 SUBJECT APPROVAL OF APPROPRIATION ORDINANCES AND --CONTRACT WITH THE FORT WORTH HOUSING FINANCE CORPORATION FOR HOUSING DEVELOPMENT ACTIVITIES The Housing Department provides staff support for the FWHFC, which has constructed 27 houses since 1996. The Housing Department manages the FWHFC funds and proposes to supplement these funds with other federal funding it receives from the U.S. Department of Housing and Urban Development (HUD) and other public/private sources. The proposed federal funding sources for supplementing the FWHFC's development activities include HOME ($303,600), CDBG ($30,000), and Rental Rehabilitation Program Income ($527,156). HUD recently authorized the City to use Rental Rehabilitation funds for construction purposes. The Rental Rehabilitation Program was discontinued several years ago. The initial proposed uses for the federal funds are as follows: • Lot acquisition in United Riverside Model Blocks $ 30,000 • New home construction in Poly Model Blocks $120,000 • New home construction in stop Six (15 units) $527,156 • Site preparation and pre -development activities $183.600 $860,756 Once these funds are recouped, they will revolve for use in future housing development. It is anticipated that the City's continued housing development activities in the central city will generate greater participation by private developers and will leverage other public/private investments in these areas to preserve and develop affordable housing opportunities. The Safety and Community Development Committee approved this recommendation at its March 11, 1999 meeting. City of Fort. Worth, Texas "agor and Council commu"icatio" DATE 4/20/99 REFERENCE NUMBER C-17387 LOG NAME 05HFC PAGE 3 of 3 SUBJECT APPROVAL OF APPROPRIATION ORDINANCES AND CONTRACT WITH THE FORT WORTH HOUSING FINANCE CORPORATION FOR HOUSING DEVELOPMENT ACTIVITIES FISCAL INFORMATION/CERTIFICATION: The Finance Director certifies that upon approval of the above recommendations, funds will be available in the current operating budgets, as appropriated, of the Grants Fund and the Fort Worth Housing Finance Corporation Fund. LW:k Submitted for City Manager's Office by: Libby Watson 6183 FUND ACCOUNT CENTER AMOUNT CITY SECRETARY (to) AP Y .,APR 27 10 •City Secretary of the City of Fort Worth, teas, 3) R105 464100 0052004 $137,524.00 4) R105 464100 0052004 $ 88,766.00 Originating Department Head: Jerome Walker 7537 5) GR92 488022 005206078000 $250,000.00 5) GR92 441112 005206078000 $ 50,866.00 5) GR92 538070 005206078000 $300,866.00 6&7) R105 464100 0052004 $527,156.00 7) R105 539120 0052004 $136,524.00 7) R105 539120 0052004 $ 88,766.00 7) R105 539120 0052004 $300,866.00 (from) 2) GR76 539120 005206122710 $ 5,000.001 Additional Information Contact: Jerome Walker 7537 2) GR76 539120 005206088960 $ 25,000.00 2) GR76 539120 005206113760 $120,000.00 2) GR76 539120 005206123430 $183,600.00 2) R105 539120 0052004 $527,156.00 6) GR92 538070 005206078000 $300,866.00 Mppted 011MUWA N0p