DISCLAIMER

 

05-0714R


RESOLUTION AUTHORIZING AMENDMENT TO THE 2004 COMMUNITY DEVELOPMENT PROGRAM NORTHERN COMMUNITIES LAND TRUST: CITY HOMES PHASE III-INFRASTRUCTURE AGREEMENT, EXTENDING THE TERM OF THE AGREEMENT.

BY COUNCILOR GILBERT:

     RESOLVED, that the proper city officials are hereby authorized to enter into an amendment, substantially in the form of that on file in the office of the city clerk as Public Document No. __________ to the 2004 community development program Northern Communities Land Trust: City HOMES Phase III-infrastructure agreement which extends the term of the agreement to September 30, 2006, with no change in compensation under the agreement.


STATEMENT OF PURPOSE: The purpose of this resolution is to extend this contract until September 30, 2006, in order to allow sufficient time to install the infrastructure and construct the final two affordable housing units committed in this contract. Community development block grant funds are being used for the payment of special assessments for various infrastructure improvements for 12 new affordable homes. This extension is for the infrastructure improvements in the HOPE VI, Harbor View project where the final two housing units will be built. The installation of the HOPE VI project infrastructure was to have started in April or May of 2005 but has been delayed until this fall. In turn, the infrastructure delay is delaying the completion of the construction of the two homes.