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HomeMy WebLinkAboutAddendum to Agreement - Pilot Housing Subsidy Program - 466 Works Community Development Corp.PHONE 574/235-9251 Fax 574/235-9171 ClTY OF SOUTH BEND PETE BUTTIGIEG, MAYOR BOARD OF PUBLIC WORKS November 26, 2019 Mr. Seymour Barker 466 Works Community Development Corporation 1620 South Saint Joseph St. South Bend, IN 46613 RE: Second Addendum to Agreement Dear Mr. Barker: The Board of Public Works, at its meeting held on November 26, 2019, approved the above referenced Addendum for the pilot housing subsidy program in the amount of $200,000. Enclosed please find a copy of the agreement for your records. If you have any further questions regarding this matter, please call this office at (574) 235- 9251. Sincerely, Linda M. Martin, Clerk Enclosure GARY A. GILOT GENEVIEVE E. MILLER ELIZABETH A. MARADIK LAURA L. O'SULLIVAN THERESE J. DORAU EXHIBIT A Program Description Pilot Housing Subsidy Program During the term of this Agreement, the Organization will establish a program in conjunction with the City's Department of Community Investment, to promote, build, market and assist homebuyers in the purchase of new housing within targeted areas. The pilot program will be designed to encourage public/private housing investment in a specified and targeted geography on vacant parcels based on development plans that align with the neighborhood and City objectives. The program goals are to: (1) Develop vacant City -owned and Organization -owned lots (2) Offer the opportunity to improve and maintain the character and value of the property and surrounding neighborhood (3) Offer financial support in the form of gap financing for the construction of new single family and/or duplex residential structures (4) Support the opportunity for individuals and families to live in safe and affordable housing. The program shall require: Sale proceeds to be used for the organization's work towards additional housing in the Southeast neighborhood. A maximum of one subsidy per residential structure The per structure construction subsidy shall not exceed Ninety -Nine Thousand Eight Hundred Seventy -Five Dollars ($99,875.00). Property must be owner -occupied single family or owner -occupied duplex residential structures Development is to occur first on land owned by 466 Works and approved by City. The parcels approved by the City include: 018-7042-1675 018-7042-1674 018-7042-1676 018-7042-1675.01 018-7042-1656 018-7042-1673 018-7042-0963 018-7042-1657 (7) Design of residential structure to be approved by the City SECOND ADDENDUM TO AGREEMENT FOR PROGRAMS AND SERVICES WITH 466 WORKS COMMUNITY DEVELOPMENT CORPORATION (PILOT HOUSING SUBSIDY PROGRAM) HIS SECOND ADDENDUM UM (this "Second Addendum-) as made and entered into this clay of ,Avml&cl 20 q.., by and between the CITY OF SOLF111 BEND, INDIANA, a naunicipal corporation organizea:l and operating under t:lte laws off t1w State of Indiana, acting by and through its Board of Public Works (the `City"), and 466 WORKS CO NLlN;ITY DEVELOPMENT CORPORATION (the "Organization"). RECITALS WHEREAS, the City and the Organization have entered into an agreement entitled gram and ces th dated Qy- i eccnaber 20a2018 (the Conitrac , providing drag 1kr thePilotai1y Development llousing Subsidy Prca Corporation" b w "Contract"), g y ff.�a�arn (the "Prograni"), which was amended by a First Addenduni to Agreement for Programs and Services, dated May 14, 2019 (the "First Addendum", together, the t:ontnact and the First Addendumn are the "Agreement"); and WHEREAS, the parties desire to further amend and extend the Agreement by this Second Addendum; and WHEREAS, the Organization further represents that it has taken all corporate action necessary to enter into this Second Addendum; and WHEREAS, the City believes that the actions contemplated by this Second Addendum are in the best interests of the health, safety and welfare of the City and its residents and that those actions comply with the public purposes and applicable provisions of state and local law. NOW THEREFORE, the parties mutually agree as follows: l . Section 1 (Contract and Term) of the Agreement is modified to read in its entirety as follows: The total amount to be paid under this Agreement shall not exceed Seven Hundred Thousand and 00/100 Dollars ($700,000.00) ("Contract Amount"). The Organization shall provide the Program on behalf of the City, for the Contract amount during the period commencing March 1, 2019 and ending October 31, 2021. Amore detailed scheduled for the Program will be determined jointly by the Organization and the City. 2. p ._ 1�;�hal�itwA to the Agreement as hereby amended and replaced with Exhibit to this Addendum, 3. The parties agree that all other terms and conditions as set forth in the Agreement shall remain in full force and effect. shaff mutaja, in, ('411 Cotce awd efkxt- IN WrFNESS WHEREOF, the Parties hereto have caused this Second Addendum to be UITV 'Tfl BLND" INNI, by and 'througx1i its Roa,rd of Public "Works Therese J. Dorau, Member Elizabeth A. Maradik, Member Attest: Linda khwol,�, , k-A L 46�6 I)VORkS ("O'NUNIJ !NVIA" DL"%"L,AX)PNJEN-F ("ORPORATION, .... ...... Name and Title Printe6.p BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date 11/12/19 er Name Pam Me"� Department DCI _.._ �a �.....w�. m.. BPW Date 11/26/19 Phone Extension 5845 �•au.,�u.,w,��az.�:rrr�ur��i ._ _ i¢yruear�im�wwwarwm�a rwrc�sre,�muw ,a�,,�,� ,,,��„ � n�rnr�zw;,;:rwarvaamuu uWwauuaH�mwuu�uuwiuiuuiuuiuuwwuwaww�. .__ Required Prior to Submittal to Board BPW Attorney `❑ Attorney Name Clara Daniels Dept. Attorney Z Attorney Name Purchasing ® Michael Schmidt Sandra Kenned Check the Al-) froritt Item 3 l.e... l> El Professional Services Agreement Contract El Open Market Contract ® Amendment/Addendum E] Bid Opening ❑ Bid Award [� Quote Opening Quote Award Proposal Opening El C/O & PCA No. El Chg. Order, No. E] Traffic Control F Other: e ti Ic �tircd Information All Submissions Proposal Special Purchase, QPA ❑ Req. to Advertise Reject Bids/Quotes [❑ PCA E] Resolution Ease./Encroach ❑ Title Sheei Company or Vendor Name 466„Works Comniunrt DevcloTinent CorponitioJ E] Yes[:] If Yes, Approved by Purchasing New Vendor ® No MBE/WBE Contractor ❑ MBE Completed E-Verify Form Attached ❑❑ Nos Project Name New Construction Pilot Housing Subsidy Program Project Number 18JO15 Funding Source ....� ............. �m...,,..... EDIT Account Number 408.1001.460.39.30 ............. Amount $200,000 Terms of Contract 3.. �. �..... / 1 / 18-10/31 /2021 Purpose/Description s in southeast� � � � � � t .�.�.n,..�.�i.......rw__ �..,,...........................................................�.W�........,,���- of 2 homes t _ neighborhood For Cht�ngc Orders Only. .... .._......... Amount of Increase $ _......._............. w ... ��_� _.. .... Decrease ($ ) Previous Amount $ Current Percent of Change: New Amount N Increase Decrease (.............m... % Increase % Total Percent of Change: Decrease ( % Time Extension Amount: New Completion Date: