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HomeMy WebLinkAbout2018-516-E Housing - CASA development contract amendmentDocuSign Envelope ID: CB1367D0- F10D- 45A3- AB05- 2D2E5D054FD0 ORANGE COUNTY AMENDMENT TO DEVELOPMENT AGREEMENT NORTH CAROLINA THIS AMENDMENT, made and entered into this the 29' day of August, 2018, by and between the County of Orange, a body politic and corporate of the State of North Carolina, ( "County "), and CASA ( "Provider "); WITNESSETH: WHEREAS, the County and Provider entered into a Development Agreement on or about August 22, 2018 whereby the County granted the Provider FY 2016 HOME Community Housing Development Organization Set - Aside funds to rehabilitate twenty -eight (28) rental units within the Club Nova and Johnson Street Apartments ( "Original Agreement "); and WHEREAS, the County and Provider 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 for the mutual covenants and agreements made herein, the parties agree to amend the Original Agreement as follows: WHEREAS, this Agreement does not constitute a commitment of funds or site approval, and the commitment of funds or approval may occur only upon satisfactory completion of environmental review and receipt by the County of an approval of the request for release of funds and certification from the U.S. Department of Housing and Urban Development or the state of North Carolina under 24 CFR Part 58. The provision of any funds to the project is conditioned on the County's determination to proceed with, modify or cancel the project based on the results of the environmental review. Pursuant to §92.502(b)(1), a Responsible Entity must have completed the environmental review requirements under 24 CFR Part 58 and obtained approval of the release of funds prior to setting up a specific local project in IDIS. Except for the changes made to the fifth "WHEREAS" clause 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 Consultant have signed this Amendment, effective this the 29th day of August, 2018. T A1T /'T/lT TlTTYT FOE oocusigned lI bT+ y: B3 0637994B755E477... County Manager Revised December 2016 !1T TTT\TTl OocuSigned by: JtAJA, 5tj�& By: 2E34803FC223421... Mary Jean Seyda, CEO, CASA