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HomeMy WebLinkAbout2013-160 Housing - Inter-Church Housing Corporation for FY 2012 Home Program $ $37,000 NORTH CAROLINA ORANGE COUNTY AMENDMENT TO DEVELOPMENT AGREEMENT THIS AMENDMENT, made and entered into this the 10 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 HOME 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 I1. Amo unt cfLTOME Funds/Form of Suhsidv amend 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 III. 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 1 2. Blocked drainage on both sites 3. Pooling water on sidewalks 4. Redirect drainage of downspouts on buildings 5. Erosion of soil on both sites All work must be done in accordance with applicable local building codes. 4. Exhibit C: Project Budget shall be amended to change"Source of Funds" as follows: Orange County HOME Funds $137,500 Except for the changes made in Section II, Section III, Exhibit B and Exhibit C herein, the Original Agreement shall remain in full force and effect to the extent it is not inconsistent with this Amendment. In the event that there is a conflict between the Original Agreement and this Amendment, this Amendment shall control. IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have set their hands and seals on the day and year first above written. [SIGNATURE PAGE TO FOLLOW] 2 SIGNATURE PAGE 7f �r COUNTY OF ORANGE,NORTH CAROLINA 17 52 (SE L °"th Cats�� Frank V. Cli$o , Jr., County Manager e ATTEST: Donna Baker Clerk to the Board of Commissioners Ap ved t form and legality Arinette Ntoore, Staff)kttomey This document has been pre-audited in accordance with the N.C. Local Government and Fiscal Control Act. W 4. Clarence G. Grier, Asst. County Manager/CFO Inter-Church Council Housing Corporation (SEAL) o� S ��*+S• , President ATTEST: Secretary 3