Second Amendment - Subrecipient Agreement FY2016 CDBG_fundsSECOND AMENDMENT TO SUBRECIPIENT AGREEMENT BETWEEN CITY OF
MERIDIAN AND ADA COUNTY HOUSING AUTHORITY
FOR PY 2016 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS
This SECOND AMENDMENT TO SUBRECIPIENT AGREEMENT BETWEEN CITY OF
MERIDIAN AND ADA COUNTY HOUSING AUTHORITY FOR PY 2016 COMMUNITY
DEVELOPMENT BLOCK GRANT FUNDS is entered into this _,& day of September, 2017 by and
between the City of Meridian, a municipal corporation organized under the laws of the state of Idaho
("City") and Ada County Housing Authority, a non-profit corporation established under the laws of the
state of Idaho ("Subrecipient").
WHEREAS, on March 1, 2017, City and Subrecipient entered into a Subrecipient Agreement
Between City of Meridian and Ada County Housing Authority for PY2016 Community Development
Block Grant Funds ("March 1, 2017 Agreement"), a cooperative agreement for the investment of
Community Development Block Grant ("CDBG") funds from Program Year 2016 (PY16); and
WHEREAS, Subrecipient needs more time to complete the activities funded by CDBG funds;
NOW, THEREFORE, in consideration of the mutual covenants of the parties contained herein
and in the March 1, 2017 Agreement, the Parties agree as follows:
I. Provision modified — Activities. Section LA of the March 1, 2017 Agreement shall be amended
to read as follows:
A. A. Activities. Subrecipient shall use City's PY16 CDBG funds in the amount of thirty five
thousand dollars ($35,000) to provide direct homeownership assistance to help low/moderate
income ("LMI") persons purchase homes. Specifically, Subrecipient shall undertake the
following activities:
1. Subsidize mortgage principal amounts;
2. Pay any or all of the reasonable closing costs; and
3. Pay up to 50% of the down payment required by the mortgagee.
II. Provision modified — Budget. Section II.B.I of the March 1, 2017 Agreement shall be amended
to read as follows:
1. Budget. Subrecipient agrees that it shall use City's PY16 CDBG funds in the amount of
thirty five thousand dollars ($35,000) to provide direct homeownership assistance to LMI
persons. City may require a detailed budget breakdown, and Subrecipient shall provide such
information in a timely fashion, and in the form and content prescribed by City.
III.Provision modified — Draw Requests. Section II.C.5 of the March 1, 2017 Agreement shall be
amended to read as follows:
C. Draw Requests. It is expressly agreed and understood that the total amount to be paid by
City under this Agreement shall not exceed $35,000. Drawdowns for the payment of eligible
expenses shall be made against the activity specified, in accordance with performance and as
expenses are incurred by Subrecipient. Draw requests shall only be accepted on official City
and/or HUD forms and must be completed in full to be processed. All draw requests are to be
SECOND AMENDMENT TO PY16 SUBRECIPIENT AGREEMENT- ADA COUNTY HOUSING AUTHORITY PAGE 1 OF 2
submitted as needed, but no more than one per month and in coordination with the CDBG
Administrator. Draw requests shall include the following; draw request form; progress report;
beneficiary income eligibility docutnentation; transaction detail, HUD -1, and related summary
information; and proof of payment by Subrecipient. Final draw under this Agreement will be
submitted by Subrecipient no later than March 15, 2018 unless otherwise agreed in writing.
IV. All other provisions in effect. Except as expressly modified by this Second Amendment or other
duly executed addenda, all provisions of the March 1, 2017 Agreement shall remain in full force
and effect. No other understanding, whether oral or written, shall be deemed to enlarge, limit or
otherwise affect the operation of the March 1, 2017 Agreement or this Second Amendment thereto.
IN WITNESS WHERE, OF, the parties shall cause this Second Amendment to be executed by
their duly authorized officers to be effective as of the day and year first above written.
SUBRECIPIENT:
Ada County Housing Authority
By: beanna Watson, Executive Director
CITY:
City of Meridian
By: Tammy eerd, Mayor
Cit of W
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Attest:
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Jay CcUs, City Clerk
SECOND AMENDMENT TO PY16 SUBRECIPIENT AGRmMENT ---ADA COUNTY HOUSING AUTHORITY PAGE 2 Or 2