HomeMy WebLinkAbout2016-315-E Housing - Community Home Trust for Amendment to Affordable Housing Bond Development Agreement DocuSign Envelope ID: F5F8DE71-A32E-4A28-ACE3-08FBAADBF96A
AMENDMENT TO AFFORDABLE HOUSING BOND DEVELOPMENT AGREEMENT
This Amendment entered into this the day of June, 2016 to the CHDO
Agreement, made and entered into on January 4, 2013, 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 to add to Exhibit A of the Original Agreement, dated January
4, 2013, as follows:
Exhibit A
Scope of Services
Up to Seventy Five Thousand($75,000) Dollars of the Project Budget may be reallocated to
provide grant funding for repairs to the heating, ventilation and air conditioning (HVAC) sytems
at Greenbridge Condominiums. (See Orange County Board of County Commissioners meeting
April 5, 2016, Item 6-i)
Except for the amendment to Attachment A, 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
DocuSigned by: DocuSigned by:
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This instrument has been pre-audited in the manner required by the Local Government Budget
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Gary Donaldson, Chief Financial Officer
1
DocuSign Envelope ID: F5F8DE71-A32E-4A28-ACE3-08FBAADBF96A
pfardb as to form and legality
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Moore, Staff Attorney
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