HomeMy WebLinkAboutR 2013-160 Housing - Inter-Church Housing Corporation for FY 2012 Home Program $ $37,000 I- o
NORTH CAROLINA
ORANGE COUNTY
AMENDMENT TO DEVELOPMENT AGREEMENT
THIS AMENDMENT, made and entered into this the (0 day of December, 2012 by
and between ORANGE COUNTY, a general local governmental unit of the State of North
Carolina, (hereinafter referred to as the "County") and INTER-CHURCH HOUSING
CORPORATION, a North Carolina non-profit housing organization (hereinafter referred to as
"Owner") (both collectively referred to as the"Parties").
WITNESSTH
WHEREAS, the County and Owner entered into a "Development Agreement" ("Original
Agreement"), dated July 22, 2011 in which the County on behalf of the Orange County HOME
Consortium designated FY 2010 140ME funds to Owner to assist in the rehabilitation of two (2)
low-income apartment complexes in Chapel Hill known as Chase Park and Elliott Woods; and
WHEREAS, the Orange County HOME Consortium has designated approximately
$37,000 in FY 2012 HOME funds to assist in the rehabilitation of two (2) low-income apartment
complexes in Chapel Hill known as Chase Park and Elliott Woods; and
WHEREAS, the County and Owner desire to amend the Original Agreement, while
keeping in effect all terms and conditions of the Original Agreement not inconsistent with the
terms and conditions set forth below.
NOW THEREFORE, for and in consideration of the mutual covenants and agreements
made herein, the Parties agree to amend the following sections of the Original Agreement as
follows:
1. in Section 11. Amount of HOME, Funds/Form of Sul Qidyamend as follows:
The County shall make available to the Owner up to One Hundred Thirty-Seven
Thousand Five Hundred Dollars ($137,500) pursuant to this Agreement. Said funds
shall be disbursed by the County to the Provider for performance of the services
described in Exhibit B
2. Delete Section 111. Lien Position in its entirety.
3. Exhibit B: Scope of Services shall be amended to add the following:
Repair of:
1. Pooling water around buildings at Elliott Woods and Chase Park
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SIGNATURE PAGE
COUNTY OF ORANGE,NORTH CAROLINA
(SEAL)
Frank . Chfto o my Manager
ATTEST:
Donna Baker
Clerk to the Board of Commissioners
Mrand legality
A ette M ore, Sta f Attorney
This document has been pre-audited in accordance with the N.C. Local Government and Fiscal
Control Act.
ya-4'&V A
Clarence G. Grier, Asst. County Manager/CFO
Inter-Church Council Housing Corporation
(SEAL)
Y f �
President
ATTEST: k ut Yv —
Secretary
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