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HomeMy WebLinkAbout8049RESOLUTION NO. 8049 A RESOLUTION AMENDING THE RICHMOND SENIOR HOUSING, INC. COMMUNITY HOUSING DEVELOPMENT ORGANIZATION AGREEMENT WITH THE CITY OF PUEBLO BY APPROPRIATING ADDITIONAL HOME FEDERAL HOUSING FUNDS TO THE NON - PROFIT FOR THE CONSTRUCTION OF THE FIFTY -ONE UNIT ELDERLY HOUSING PROJECT AND AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT FOR COMMUNITY DEVELOPMENT SERVICES WHEREAS, the City of Pueblo, pursuant to the HOME Investment Partnership Act, the Cranston - Gonzales National Affordable Housing Act and implementing regulations under 24 CFR 92, has been a recipient of HOME federal funds under the program since 1992; and WHEREAS, in accordance with the provisions of the Act and 24 CFR 92 92:200 a portion of such financial assistance, subject to appropriation by the City Council, may be made available to non - profit organizations for the purpose of carrying out specific elements of the City of Pueblo housing strategy including the expansion of the availability of affordable housing for low and moderate income households; and WHEREAS, the City Council by Resolution 7820, originally approved the CHDO agreement with Richmond Senior Housing, Inc. and appropriated $300,000 in accordance with the provisions of the resolution for the purpose of carrying out specific elements of the City of Pueblo's housing strategy; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO, COLORADO, that: SECTION I. The City Council of the City of Pueblo approves Richmond Senior Housing, Inc., a Colorado non - profit corporation, as an Community Housing Development Organization and the City Manager of the City of Pueblo is authorized and directed to execute an amended agreement with the agency for HOME 1995 -1997 funding in the amount of $436,622 for the development of a 51 -unit apartment complex for the elderly. ATTEST: City Clerk INTRODUCED: February 10 , 1997 By John Verna Councilperson APPROVED: &51.4" a, X_'Za� - Presiden of the ity Council AMENDMENT NO. I TO AG REEMENT FOR COMMUNITY HOUSING DEVELOPMENT SERVICES '1'I iiS AMENDMENT NO. I To Agreement For Community I lousing Development Services is made and entered into this 1 day of F ebruary , 1997 by and between the City of Pueblo, a Municipal Corporation (hereinafter referred to as "City ") and Richmond Senior Housing, Inc. (hereinafter referred to as "RSH "). WHEREAS, RSI I and City have heretofore entered into an Agreement dated February 26, 1996 (hereinafter "the Agreement ") wherein RSi I agreed to undertake control and development of a housing project in accordance with the terms of that Agreement, the City's housing strategy and the requirements of law, including but not limited to the IIonie investment Partnerships Act, 42 t1.S.C. § 12701 el a"(., and implementing regulations, including but not limited to those at 24 ('FR Part 92; and WHEREAS, changes to the work and project are contemplated and not within the scope of the original Agreement, and it is necessary and desirable that the Agreement be amended to provide for such changes and additional compensation available therefor; NOW, TI IEREFORE, in consideration of the foregoing and the mutual terms and conditions set forth herein, the parties agree as follows: I. The Agreement is amended by revising paragraph 3(c) thereof to state that the aggregate of all payments under the Agreement shall not exceed Four iAm(l Thirt Six_' I�ousand Six Ikindr Twen ty-Two Dollar $436,622.00) 2. The Nvork items and services described generally in I -, xhibit A Revision 11 to this Amendment No. 1, which is incorporated herein by reference, shall be added to and modify the original scope of services to be performed under the Agreement, and RSH shall undertake and complete such work items and services in accordance with all terms and conditions of the Agreement. 3. Except as expressly modified by this Amendment No. 1, the Agreement (including any duly executed prior written amendments) shall remain in full force and effect. Any obligations remaining to be performed under the original Agreement by either party, including but not limited to those relating to the services to be performed by RSI I, or the compensation payable therefor, are not waived or excused in any manner, but shall be fully performed in accordance with the terms and conditions of the Agreement as it existed prior to this Amendment No. 1. IN WITNESS WHEREOF, RSI1 and City have executed this Amendment No. I To Agreement For Community Housing Development Services as of the date first above written. .t I TV F Secretary ATTEST. City C [ SEAL I RICHMOND SENIOR MUSING, INC. A Colorado �on-llrofil Corporation y I z e - c�o — ls - - Chairman, Board o 'ectols CITY 01'PUEBLO, A Municipal Corporation 13V President �of6t ic Cit Council I CI IN I V It 1!,;t W ( ( ('1117(YAt. I F NI) 1'A I'D EXHIBIT A REVISION II 1/15/97 CONSTRUCTION COSTS BREAKDOWN HOME FUNDS FROM THE CITY OF PUEBLO 1.995/96 HONE FUNDS $436,622 A. Brick at exterior masonry in lieu of concrete masonry units 81,862 B. Addition of (4) pipe mechanical system per Alternate #1, Owner Betterrnent, for tenant. 58,898 :. Addition of brick fence piers and i. ron . 21 ; 14.1 Pre - case concrete at window }reads and parapets in lieu of masonry 34,892 1.. off site costs (curhs, gutters, sidewa11,, street paving, ciraina �c= and 20, Fig I F. Archit(2ctural plan:; pr_.int:inc}. 5,500 Ac giii ;i t ion of vac ,iriC ljiud fui 7 -story structure (51 unit:). 156,000 }} tqi ndc) -j custom color to he adde -1 . 'I , i100 1. Add vinyl wall covering and accent r)ai_nt at corrldoi s 5, 4'10 1. Add metal roofing at makeup air: unit, elevator, and stair shafts. 32,800 } `Ioilets, exhaust duct. system thioijgh two exhaust- fans at roof 3,500 L. Elevator shaft construction of CMU in lieu of metal studs and drywall. 6,600 I9. Architectural fees on additional. items H through L @ 6% 3,262 TOTAL HOME FUNDS $436,622