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R13-021 11 s 1 RESOLUTION NO. R13- 0: / 2 3 A RESOLUTION OF THE CITY COMMISSION OF 4 THE CITY OF BOYNTON BEACH, FLORIDA, 5 APPROVING AND AUTHORIZING THE CITY 6 MANAGER AND CITY CLERK TO EXECUTE 7 AMENDMENT NO. 1 TO NON - PROFIT DEVELOPER 8 AGREEMENT WITH BOYNTON BEACH FAITH - 9 BASED COMMUNITY DEVELOPMENT 10 CORPORATION TO PROVIDE ADDITIONAL NSP1 11 FUNDING FOR THE ACQUISITION AND 12 REHABILITATION OF AN ABANDONED OR 13 FORECLOSED PROPERTY; AND PROVIDING AN 14 EFFECTIVE ATE. 15 16 ; WHEREAS, the City Commission previously approved the Non - Profit Developers 17 1 Agreement via Resolution R10 -039 which awarded the NSP1 funding to Boynton Beach 18 Faith Based Community Development Corporation; and 19 WHEREAS, the City has unspent funding that it must use by March 4, 2013, and in 20 order to ensure complete expenditure of the NSP1 funds and meet its NSP goals, the City 21 wishes to provide additional funding to the Boynton Beach Faith Based Community 22 development Corporation; and 23 WHEREAS, upon recommendation of staff, the City Commission of the City of 24 Boynton Beach Florida deems it to be in the best interest of the citizens and residents to 25 approve and authorize the City Manager to Execute Amendment No. 1 to the Non - Profit 26 Developer Agreement between the City of Boynton Beach and The Boynton Beach Faith - 27 Based Community Development Corporation to provide additional NSP1 funding to the 28 Boynton Beach Faith Based Community Development Corporation for the acquisition and 29 rehabilitation of an abandoned or foreclosed property. 30 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 31 THE CITY OF BOYNTON BEACH, FLORIDA, THAT: \ \apps3\ auto\ Data \ 168 \Items \160\2284\2994 \Reso_- _Amendment_No_1_to_Non- Profit_Dev_Agmt doc 1 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed 2 as being true and correct and are hereby made a specific part of this Resolution upon 3 adoption. 4 Section 2. The City Commission of the City of Boynton Beach, Florida, hereby 5 approves and authorizes the City Manager and City Clerk to execute the Non - Profit 6 Developer Agreement between the City of Boynton Beach and The Boynton Beach Faith- 7 Based Community Development Corporation to provide additional NSP1 funding to the 8 Boynton Beach Faith Based Community Development Corporation for the acquisition and 9 rehabilitation of an abandoned or foreclosed property, a copy of the Amendment is attached 10 hereto as Exhibit "A ". 11 Section 3. That this Resolution shall become effective immediately. 12 PASSED AND ADOPTED this J°_,/day of February, 2013. 13 14 CITY OF BOYNTON BEACH, LORIDA 15 16 i C V -e,Z2 1 7 Mayor — Wo ow L. Ha 18 !f. 19 20 ( Vice Mayer- ack McCray 21 �- 22 All 23m � •,O Tayl• 24 25 _ 26 Commissio ►� r - even • lzman 27 28 ATTEST: ,*z, 29 Comnsioner — e Segal 30 31 • • • 32 �.Y�` ��.,.�C 33 I 4: 34 35 (Co t3) . to :1) CI \ \apps3 \au .L to • �: ;284\2994 \Reso_ - Amendment No 1 to Non -Profit Dev_Agmt doc 71'p.N AMENDMENT 001 TO DEVELOPER AGREEMENT WITH BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORPORATION NEIGHBORHOOD STABILIZATION PROGRAM —CFDA NO. 14.218 AWARD NUMBER B- 08 -MN -12 -0002 Amendment 001 entered into this 19 day of February, 2013, by and between the City of Boynton Beach hereinafter referred to as "CITY" and the Boynton Beach Faith Based Community Development Corporation hereinafter referred to as "NON- PROFIT DEVELOPER." WITNESSETH: WHEREAS, CITY has received federal funding in the amount of $2,963,311 pursuant to the Neighborhood Stabilization Program under Title II of Division B of the Housing and Economic Recovery Act of 2008 hereinafter referred to as NSP1 to improve neighborhoods by reducing the number of abandoned and foreclosed homes; and WHEREAS, CITY entered into an Agreement with the Boynton Beach Faith Based Community Development Corporation, together with R.M. Lee Community Development Center, Inc. on July 26, 2010, (R10 -039) to provide $2,266,980 of Neighborhood Stabilization Program -1 Grant funds for the purpose of acquiring and repairing abandoned and foreclosed homes to be rehabilitated and made available to eligible low to moderate income families; and WHEREAS, Boynton Beach Faith Based Community Development Corporation merged with R.M. Lee Community Development Center, Inc. to become Boynton Beach Faith Based Community Development Corporation; and WHEREAS, the NSP 1 regulations has imposed by statute a deadline of March 04, 2013 for 100% expenditure of NSP1 funding which if not met shall result in CITY losing the unspent NSP1 funds; and WHERAS, CITY has $72,717.70 in unspent administrative funding that it wishes to transfer and expend on providing an additional housing unit(s); and WHEREAS, the parties wish to modify the Agreement; and WHEREAS, both parties mutually agree that the Agreement entered into on July 26, 2010, is hereby amended as follows: A. Change all references in the agreement to "Boynton Beach Faith Based Community Development Corporation, together with R.M. Lee Community Development Center, Inc." and replace with "Boynton Beach Faith Based Community Development Corporation." Boynton Beach Faith Based Community Development Corporation NSP 1 Agreement Amendment B. Add the Catalog of Federal Domestic Assistance (CFDA) and NSP federal grant award numbers per audit findings. C. EXHIBIT "A" — POLICY GUIDELINES FOR NEIGHBORHOOD STABILIZATION PROGRAM — OWNERSHIP; Add the following text to this section of the agreement: FUNDING AND EXPENDITURE REQUIREMENTS CITY will allocate NSP1 funding in an amount not to exceed $2,339,697 which consists of the original allocation of $2,266,980 plus an additional amount of $72,717.70. NON - PROFIT DEVELOPER must meet expenditures of not less than 100% ($2,339,697) of their total NSP 1 funding awarded and submit all necessary related reimbursement documentation not later than March 04, 2013, unless such date is amended by CITY. NON- PROFIT DEVELOPER shall diligently undertake the activities outlined in this Agreement and provide documentation to enable CITY to accurately document the expenditure of funds in the Disaster Recovery Grant Reporting (DRGR) system. NON - PROFIT DEVELOPER understands that funds not expended by said date may be withdrawn by HUD and may consequently no longer be available through this Agreement. NON - PROFIT DEVELOPER expressly agrees to complete all work required in strict accordance with the timetable as outlined in this Agreement. D. EXHIBIT "B" — SCOPE OF SERVICES, SECTION lA Description of Project Add the following text to this section of the agreement: NON - PROFIT DEVELOPER agrees to acquire and rehabilitate at least one (1) additional housing unit for sale or use funds towards the construction of housing units in the Ocean Breeze subdivision as a result of the CITY providing additional NSP1 funding under this amendment. NOW THEREFORE, 1) all items in the original Agreement in conflict with this Amendment shall be and are hereby changed to conform to this Amendment, and 2) all provisions not in conflict with this aforementioned Amendment shall remain in full force and effect and shall be performed at the same level as specified in the Agreement. This Amendment to Agreement shall be effective upon execution by both parties. This Amendment to Agreement may be fully executed in multiple copies by all Parties, each of which bearing original signatures, shall have the force and effect of an original document. 3 Boynton Beach Faith Based Community Development Corporation NSPI Agreement Amendment IN WITNESS WHEREOF, the CITY OF BOYNTON BEACH and BOYNTON BEACH FAITH BASED COMMUNITY DEVELOPMENT CORPORATION have executed this agreement the day and year first above written. CITY OF B YNTON BEACH ATTEST: ; Y: (/ ( 4, WI • 4-01:-I-44110 ,:-,, , ' - (" tjt-t- City Clerk Mr '311° '4 ).:, 70 APPROVE / AS I ORM AND LEGAL S b °'N ,s " ti CY Allik..144 City At T ey frr State of Florida County of Palm Beach The Foregoing instrument was acknowledged before me, the undersigned Notary Public in and for the State of Florida, on this, the 0 day of Mari- h , 2013 by , lane r 1'4 - Prc in, to City Clerk and U 1 to (e {✓1errrespectively. Notary Public, State of Florida 41, . ' ILEANA E CARUSO NOTARY PUBLIC MY �MICN #EE C Ltt a C e a-c't } -- SEAL OF OFFICE EXPIRES A^"'ry 06' Wie Pr nted, typed or stamped name of Notary (4°7) 31641" "°"`"111"."4“'001" ruulic exactly as commissioned Individuals who signed are personally known: no identification produced. 4 I _ ..1. BOYNTON BEACH FAITH BASED COMMUNITY Witness DEVELOP NT CORPORATION State of Florida County of Palm Beach On this, the day of ■, 2013, before me the undersigned Notary Public of State of Florida, the foregoing instrument was acknowledged by Q,() , of Boynton Beach Faith Based Community Development Corporation, a Florida c rporation, on behalf of the corporation. WITNESS my hand And official seal otary Public, State of Florida 04,0 Pu Notary Public State of Panda ' , , Debbie A R sion D d 4 \ ,c00.4.4. c My Comrrnssior, DD93a011 94. OF, Expires 12/02/2 w Printed, typed or s am name of Notary Public exactly as commissioned Personally known to me or produced identification