Extracted text (via pymupdf_layout)
2391 characters
Contract No. C-22-16-029-3-01 Amendment 1 AMENDMENT NO. 1 TO THE DEVELOPER AGREEMENT BETWEEN MARICOPA COUNTY ADMINISTERED BY ITS HUMAN SERVICES DEPARTMENT AND GUADALUPE COMMUNITY DEVELOPMENT CORPORATION (GCDC) A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) I. Maricopa County (“County”) administered by its Human Services Department and Guadalupe Community Development Corporation (“CHDO”) entered into a financial Developer Agreement (“Agreement”) for the term of April 1, 2016 through June 30, 2018. The County provided the CHDO $240,000 in HOME Investment Partnerships Program funds from the U.S. Department of Housing and Urban Development (HUD) for the acquisition and new construction of six (6) single family homes on scattered sites for sale to eligible low-income first-time homebuyers.families in Guadalupe. The County and the City may be referred to individually as “Party” or collectively as “Parties.” II. The Parties wish to amend the Agreement as follows: A. Extend the Agreement term from June 30, 2018 to September 30, 2020. Extending the term of the Agreement will ensure project activities are completed. B. Revise the Work Statement by reducing the number of sites that will be acquired and/or developed from six (6) single-family homes on scattered sites to three (3) single-family homes. C. Remove Work Statement paragraph H. Activity Budget Summary and replace with attached H. Activity Budget Summary. III. 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. IN WITNESS THEREOF, the Parties have signed this Amendment: APPROVED BY: APPROVED BY: GUADALUPE CDC MARICOPA COUNTY ___________________________________ ____________________________________ Chairman, Board of Supervisors Date: __________________________ Date: __________________________ Attested To: ____________________________________ Fran McCarroll, Clerk of the Board IN ACCORDANCE WITH A.R.S. §§ 11-201, AND 11-251, THIS AGREEMENT HAS BEEN REVIEWED BY THE UNDERSIGNED DEPUTY COUNTY ATTORNEY HAS DETERMINED THAT THIS AMENDMENT IS IN PROPER FORM AND WITHIN THE POWER AND AUTHORITY GRANTED UNDER THE LAWS OF THE STATE OF ARIZONA. MARICOPA COUNTY BY: ______________________________ Deputy County Attorney Date