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Addendum A to PY08 CDBG FundsADDENDUM "A" TO November 18, 2008 SUBRECIPIENT AGREEMENT FOR USE OF PY08 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS THI5 ADDENDUM "A" TO November 18, 2008 SUBRECIPIENT AGREEMENT is entered into this I~ day of April, 2010, by and between the City of Meridian ("City"), a municipal corporation organized under the laws of the State of Idaho, and the Boise City/Ada County Housing Authority, a public body corporate and politic established under the laws of the State of Idaho, whose address is 1276 W. River Street, Ste. 300, Boise, ID 83702 ("Subrecipient"). WHEREAS, City and Subrecipient entered into a cooperative agreement for the investment of $50,000 of PY08 CDBG funds to provide direct homeownership assistance to help low/moderate income persons purchase homes, the effective date of which agreement was November 18, 2008; and WHEREAS, following a substantial amendment to the City's PY2008 CDBG Action Plan, additional PY08 CDBG funds became available, and it was determined that $15,000 of such available PY08 CDBG funds should be programmed to to provide direct homeownership assistance to help low/moderate income persons purchase homes; and WHEREAS, to this end, City proposed a substantial amendment to the PY2008 CDBG Action Plan to allow reallocation of such available funds to Subrecipient for such programming, and, in accordance with the Citizen Participation Plan, held a public hearing on the proposed substantial amendment on February 9, 2010, and held a public comment period on the same amendment from February 9 to March 23, 2010; and NOW, THEREFORE, it is agreed by the parties hereto to amend the November 18, 2008 Subrecipient Agreement as follows: (1.) Section I.A. of the November 18, 2008 Subrecipient Agreement shall be modified to specify that Subrecipient shall use City's PY08 CDBG funds in the amount of sixty five thousand dollars ($65,000) to provide direct homeownership assistance to help - faw/moderate income t"LMI") persons purchase homes. (2.) Section II.B.1. of the November 18, 2008 Subrecipient Agreement shall be modified to specify that Subrecipient agrees that it shall use City's PY08 CDBG funds in the amount of sixty five thousand dollars ($65,000) to provide direct homeownership assistance to LMI persons. The intent and effect of this Addendum "A" to the November 18, 2008 Subrecipient Agreement is to increase the dollar amount of PY08 CDBG funds granted to Subrecipient. Except as expressly set forth herein, this Addendum does not otherwise modify or alter any term or condition of the November 18, 2008 Subrecipient Agreement in any way. The ADDENDUM "A" TO PY08 SUBRECIPIENT AGREEMENT BOISE CrrY/ADA COUNTY HOUSING AUTHORITY PAGE 1 OF 2 November 18, 2008 Subrecipient Agreement remains in full force and effect, and all terms and conditions thereof are incorporated in this Addendum "A" as though fully set forth herein. IN WITNESS WHEREOF, the parties shall cause this Agreement to be executed by their duly authorized officers to be effective as of the day and year first above written. SUBRECIPIENT: Boise City/Ada County Housing Authority m~~ ~'• K~~RESq" ~~~ ~ ~• ~ N • ...._ ~ : QT G 'g•p :.a By: Deanna Watson, Executive Director = ~ ~ ,c~ •~ ,e. ~ t~ 8 ~ 9'~ ' ~ ~ •• STATE OF IDAHO ) : c~ ••. .•• ~: F ^'a• ~ •~ IDAH ~•• `'~~ ~~''' County of `~) ••••••••• I HEREBY CERTIFY that on this ~ day of _, 2010, before the undersigned, a Notary Public in the State of Idaho, personally appeared Deanna Watson, known to me to be the person who executed the said instrument, and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written. Notary Public for Idaho -- Residing at ~ ~~ ~~ ,Idaho My Commission Expires: ,.3 ~-~~/f CITY: City of Meridian Attest: By: Tamm e Weerd, Mayo7~. ~r '~~,ed' F ; ~ o SEAL ~ ~~`~ O !` ~, ©~ 9 UsT ~s~ • oP•r\a,~` '~~~, COUNTY ~ `a~``~ ADDENDUM "A" TO PYOH SUBRECIPIENT AGREEMENT BOISE CITY/ADA COUNTY HOUSING AUTHORITY City Clerk PAGE 2 OF 2