HomeMy WebLinkAbout2015-397 Housing - Community Home Trust, Inc. - Amendment to Attachment A of the CHDO dated 6-1-2011 AMENDMENT TO ATTACHMENT A
CHDO AGREEMENT
This Amendment entered into this the 1 st day ofc�jmk , 2015 to the CHDO Agreement,
made and entered into on June 1, 2011, (herinafter referred to as "Original Agrement") between
Orange County, a body politic and corporate, a political subdivision of the State of North
Carolina, (hereinafter. referred to as the "County") and Community Home Trust, Inc., a North
Carolina non-profit corporation designated as and hereinafter referred to as "CHDO."
WITNESSETH:
NOW THEREFORE, for and in consideration for the mutual covenants and agreements made
herein, the parties agree to amend the Original Agreement as follows:
ATTACHMENT A
FY 2011 —2012 Source of Funds
Orange County HOME CHDO Funds $215,000
FY 2012—2013
Proiect Budget
Operating Support $ 20,000
Homebuyer Assistance $171,591
I
FY 2012—2013 Source of Funds
Orange County HOME CHDO Funds $191,591
FY 2013—2014
Proiect Budget
Operating Support $18,000
Homebuyer Assistance $56,000
FY 2013 -2014 Source of Funds
Orange County HOME CHDO Funds $74,000
FY 2014-2015
Proiect Budget
Operating Support $11,777
Homebuyer Assistance $52,731
New Construction $64,481
FY 2014-2015 Source of Funds
Orange County HOME CHDO Funds $128,989
(As approved by the Orange County Board of County Commissioners on May 8, 2014
Except for the addition to Attachment A 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, Orange County and the Provider have signed this Amendment,
effective as of the day first written above.
ORANGE COUNTY COMMUNITY HOME TRUST
By: By. r G�� `
County Manager Robert Dowling, Vice-President
ATTEST: ) ATT
9 _
Donna Baker, Clerk
Board of Commissioners
This instrument has been pre-audited in the manner required by the Local Government Budget
z Control Act.
/ M46:60
Paul Laughton, Int rim Financial Services Director
A r ved a form and legality
Am ette Moo e, Staff At rney