CITY OF SCOTTSDALE IGA HOME AMEND 1 .PDF
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Contract No. C-22-17-044-3-02 Amendment 1 AMENDMENT NO. 1 TO THE INTERGOVERNMENTAL AGREEMENT BETWEEN MARICOPA COUNTY ADMINISTERED BY ITS HUMAN SERVICES DEPARTMENT AND CITY OF SCOTTSDALE Maricopa County (“County”) administered by its Human Services Department and the City of Scottsdale (“City”) entered into a financial Intergovernmental Agreement (“Agreement”) on or about May 9, 2018. The Agreement governs the parties’ relationship from April 1, 2018 through September 30, 2019, and is effective upon execution by the parties. Through this Agreement, the County authorized financial reimbursement to the City in an amount not to exceed $219,957 in 2016/2017 HOME Investment Partnerships Program funds from the U.S. Department of Housing and Urban Development (HUD) to purchase and rehabilitate one new permanent, affordable rental home. The County and the City may be referred to individually as “Party” or collectively as “Parties.” I. The Parties wish to amend the Agreement as follows (Amendment No. 1): A. Increase funding to the City from $219,957 of 2016/2017 HOME funds to encompass $219,039 of 2017/2018 HOME funds for a total of $438,996. B. Insert an additional Work Statement (2017 Work Statement) for the City to acquire, rehabilitate and rent an additional single family home to a low-income family. Funding for this Work Statement shall not exceed $219,039. The 2017 Work Statement shall have a completion date of September 30, 2021. C. All work performed or costs incurred or expended under the previously approved Work Statement (2016 Work Statement) remains reimbursable under the terms of the original Agreement. D. Section IV, Compensation, Subsection D, Reimbursement is amended to reference total funding of $438,996, rather than $219,957. II. This agreement is subject to A.R.S. §38-511. The foregoing paragraphs, contain all the changes made by this Amendment. All other terms and conditions of the original agreement remain the same and in full force and effect as approved and amended. [SECTION INTENTIONALLY LEFT BLANK] Contract No. C-22-17-044-3-02 Amendment 1 IN WITNESS THEREOF, the Parties have signed this Amendment: APPROVED BY: APPROVED BY: CITY OF SCOTTSDALE MARICOPA COUNTY ___________________________________ ____________________________________ W.J. “Jim” Lane, Mayor Chairman, Board of Supervisors Date: __________________________ Date: __________________________ Attested To: Attested To: ____________________________________ ____________________________________ Carolyn Jagger, City Clerk Fran McCarroll, Clerk of the Board IN ACCORDANCE WITH A.R.S. §§§ 11-952, 11-201, AND 11-251, THIS AGREEMENT HAS BEEN REVIEWED BY THE UNDERSIGNED DEPUTY COUNTY ATTORNEY, AND, IN ACCORDANCE WITH A.R.S. § 11-952, THIS AGREEMENT HAS BEEN REVIEWED BY THE UNDERSIGNED ATTORNEY FOR THE CITY ON BEHALF OF THE CITY, AND, AS TO THEIR RESPECTIVE CLIENTS ONLY, EACH ATTORNEY HAS DETERMINED THAT THIS AGREEMENT IS IN PROPER FORM AND WITHIN THE POWER AND AUTHORITY GRANTED UNDER THE LAWS OF THE STATE OF ARIZONA. CITY OF SCOTTSDALE MARICOPA COUNTY BY: ______________________________ BY: ______________________________ Bruce Washburn, City Attorney Deputy County Attorney By: Janis L. Bladine, Sr. Assistant City Attorney Date: __________________________ Date: __________________________ Contract No. C-22-17-044-3-02 2017 Work Statement MARICOPA COUNTY HOME Investment Partnerships Program Program Year: 2017 Consortium Member: Scottsdale, Arizona Project: Acquisition and Rehabilitation of Rental Housing 2017 HOME Funds: $219,039 (includes $13,690 in Administration) Type of Property: Single Family A. DETAILED SCOPE OF WORK: Include the following- 1. Consolidated Plan goals as it relates to this activity, include the priority rating i.e. High, Low: The plan states "The primary housing goal of the Consolidated Plan is to foster the development and maintenance of housing affordable to target-income households as well as those with special needs." Purchase and rehabilitate one (1) new permanent affordable rental home in Scottsdale. A subrecipient will utilize HOME funds to purchase and rehabilitate one home to be rented for income eligible residents. Scottsdale currently has thirteen (13) permanent affordable rental Units. This activity is a high priority goal in Scottsdale’s consolidated plan. 2. Type of assistance/activity to be provided with HOME funds: Purchase one existing 2 or 3 bedroom unit in Scottsdale, Arizona in zip codes 85257, 85258, and 85260. 3. Methods and instruments used for ensuring affordability: The HOME funds will be secured by a Deed of Trust and Promissory Note and will utilize the Recapture provision. The lien will be secured for the applicable period of affordability contingent on the amount invested in the unit. After the term of the period of affordability, the lien will be forgiven. 4. Anticipated use of program income/project proceeds: Improvements or repairs in HOME assisted unit or to assist in funding of an affordable housing acquisition. B. OBJECTIVES AND OUTCOMES OUTCOMES AVAILABILITY/ AFFORDABILITY SUSTAINABILITY ACCESSIBILITY Homebuyer Activities, Single Family Acquisition/Rehab of rental housing, DECENT Housing Rehab and Acquisition/New Construction of rental Housing Activities in a HOUSING Emergency Rehab, housing, Preservation of existing public targeted revitalization Homebuyer housing units and TBRA, Expansion of area Assistance assisted rental units in the private marketplace Contract No. C-22-17-044-3-02 2017 Work Statement C. PROPOSED BENEFICIARIES: Targeted Population by Number of Total Number Number of Income Level Households of Units HOME Assisted Units in program (if rental) Households at or below 50% Households at or below 60% 1 1 1 Households at or below 80% TOTAL 1 1 1 D. PRIORITY POPULATIONS: Complete the table below only if the Activity will specifically set-aside units for a priority population. Set-asides will be enforced through contract provisions. Priority Populations No. of Units Elderly Physically Disabled Other Priority Populations: Veterans 1 E. PERFORMANCE REPORTING GOALS-TIMELINE OF ACTIVITIES: START COMPLETION MILESTONES DATE DATE HOME Contract approved by City Council 10/16/2018 10/16/2018 Market Study 12/15/2018 12/25/2018 Underwriting 12/16/2018 12/30/2018 Secure Financing 1/30/2019 2/15/2019 Environmental Review 8/15/2019 8/30/2019 Obtain Site Control 9/15/2019 10/15/2019 RFQ Issued 11/1/2019 11/15/2019 Developer Selected and Signed Development Contract 12/15/2019 01/30/2020 HOME Set up Report to County 2/15/2020 2/28/2020 Acquisition and/or Rehab and/or Construction to 4/15/2020 commence 3/15/2020 Rehab complete or Certificate of Occupancy 5/15/2020 6/30/2020 Unit Occupied by Low/Moderate Income 7/30/2020 Person/Family 7/15/2020 Completion Report submitted to County 8/15/2020 9/1/2020 Any change to the Timeline will need to be submitted to and approved by Maricopa County. Contract No. C-22-17-044-3-02 2017 Work Statement F. ACTIVITY BUDGET SUMMARY: ACTIVITIES HOME Additional Sources* TOTAL FUNDS (defined in COST 2017 Table G.) ACQUISITION Land Buildings 205,349 7,070 212,419 Closing Costs Legal Fees TOTAL 205,349 7,070 212,419 SITE & DEMOLITION Site Work Demolition/G&D/Pad Prep/Abatement TOTAL REHABILITATION Construction Costs-Materials 13,690 13,690 Builder Overhead Builder Profit General Requirements Consultant/Specialist Permits & Fees Construction Contingency Sales Tax Other-Infrastructure TOTAL 13,690 13,690 ARCHITECTURAL FEES Design Supervision Other TOTAL CONSTRUCTION INTEREST & FEES & LEGAL FEES Construction Interest Bond Premium Title & recording Insurance Legal Fees Other – Developer Fee 13,500 13,500 TOTAL 13,500 13,500 ADMINISTRATION COSTS Program Delivery Administration Scottsdale 13,690 13,690 Volunteer Labor GRAND TOTAL $219,039 $34,260 $253,299 Contract No. C-22-17-044-3-02 2017 Work Statement G. SOURCE AND AMOUNT OF OTHER RESOURCES: VOLUNTEER/ FUNDING AGENCY CASH AMOUNT IN-KIND AMOUNT City of Scottsdale (Program Income from 2015) 34,260 TOTALS $34,260 H. MATCH: IDENTIFY MATCH SOURCES AND AMOUNTS THAT HAVE BEEN COMMITTED TO THE PROJECT: Match commitment must equal 25% of the HOME funds requested. Documentation is due at the time of request for payment(s). Match Logs must be submitted annually by June 30th of each year. SOURCE/FUNDING TYPE TOTAL AGENCY Cash or cash equivalents from a Federal Home Loan non-federal source Bank $51,337 Value of waived taxes, fees or charges associated with HOME projects Value of donated land or real property Cost of infrastructure improvements associated with HOME projects Percentage of proceeds from single- or multi-family state housing bonds Value of donated materials, equipment, labor and professional services Sweat equity TOTALS $51,337