Agreement - Urban Enterprise Association of South Bend Inc - Homeowner Repair Program

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maintain public buildings, monuments, or works, (d) lessen the burdens of government, (e) lessen neighborhood tensions, (f) eliminate prejudice and discrimination, or (g) combat community deterioration; and WHEREAS, the Organization has represented that it is a duly existing under Indiana law and exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code, as evidenced by the copy of the Indiana Secretary of State's Certificate of Existence for the Organization and the copy of its Tax -exemption Letter issued by the Internal Revenue Service, respectively attached as Appendix_ 7 and Appendix II; and WHEREAS, the Organization fiuther represents that it is a neighborhood development corporation, as such term is used in Indiana Code § 36-7-14 (the "Act") Act, and that is has taken all corporate action necessary to enter into this Agreement; and WHEREAS, the Organization has the expertise and resources to provide for, oversee and administer the Program; and WHEREAS, the City desires to allocate for the Program under the terms of this Agreement Three Hundred Thousand and 00/100 Dollars ($300,000.00) ("Contract Amount"), the Contract Amount does not exceed the amount appropriated for such purpose; and WHEREAS, the City believes that the actions contemplated by this Agreement are in the best interests of the health, safety and welfare of the City and its residents and that such actions comply with the public purposes and applicable provisions of state and local law; and NOW THEREFORE, for and in consideration of the mutual covenants and promises contained herein, the City and the Organization hereby agree as follows: 1. Contract Amount and Term. The Organization shall provide the programs and services set forth at Exhibit A (the "Program") on behalf of the City, for the Contract Amount for the period commencing July 1, 2018 and ending December 31, 2019. The approved schedule for the Program is set forth at Exhibit B. The Organization shall submit reports to the Contract Administrator on August 31 and December 31, 2018 and April 30, July 31, October 31,2019 and January 31, 2020 showing the progress of the Program, including a summary of all transactions detailing each recipient by name, address, amount of funds attributable to the Contract Amount used, the amount of private investment in resident homeowner property, the project commencement date and the project completion date. 2. P� o i�am Budget and Budget Modification. The approved Program Budget is set forth at Exhibit C hereto (the "Budget"), which exhibit is hereby incorporated herein by reference. The Organization shall not spend more than the amount for each line item, as described in the Budget, without the prior written consent 2