Loading...
R20-114 1 RESOLUTION NO. R20-114 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, 4 FLORIDA, APPROVING AND AUTHORIZING THE MAYOR TO 5 SIGN THE FIRST AMENDMENT TO THE CORONAVIRUS 6 RELIEF FUND (CRF) SUBRECIPIENT FUNDING AGREEMENT 7 BETWEEN THE CITY OF BOYNTON BEACH (SUBRECIPIENT) 8 AND THE FLORIDA HOUSING FINANCE CORPORATION 9 (FLORIDA HOUSING); AND PROVIDING AN EFFECTIVE DATE. 10 11 12 WHEREAS,the City of Boynton Beach was awarded Coronavirus Relief Funds(CRF) 13 to be disbursed in up to two payments with the first totaling $263,000.00; and 14 WHEREAS, Florida Housing is issuing a second disbursement of funds to the City ion 15 the amount of $191,314.00 which, like the first disbursement, are required to be used for 16 individual recovery assistance involving monthly rental and mortgage expenses, emergency 17 home repairs, foreclosure and eviction prevention, and housing re-entry, and homeownership 18 counseling programs and activities; and 19 WHEREAS,the City has until December 331st to spend both disbursements,and must 20 show good progress in spending the first disbursement before the second disbursement is 21 released; and 22 WHEREAS, the City Commission has determined that it is in the best interests of 23 the residents of the City to approve and authorize the Mayor to sign a First Amendment to the 24 Coronavirus Relief Fund (CRF) Subrecipient Funding Agreement between The CITY OF 25 BOYNTON BEACH ("Subrecipient") and the FLORIDA HOUSING FINANCE 26 CORPORATION ("Florida Housing") to govern the expenditure of the CRF funds and 27 subsequently disbursed CRF funds by Florida Housing. 28 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION 29 OF THE CITY OF BOYNTON BEACH,FLORIDA,THAT: S:\CA\RESO\Agreements\Approve First Amendment To Coronavirus Relief Fund Subrecipient Agreement- Reso.Docx 30 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 31 being true and correct and are hereby made a specific part of this Resolution upon adoption 32 hereof. 33 Section 2. The City Commission approves and authorizes the Mayor to sign a First 34 Amendment to the Coronavirus Relief Fund (CRF) Subrecipient Funding Agreement 35 between The CITY OF BOYNTON BEACH ("Subrecipient") and the FLORIDA HOUSING 36 FINANCE CORPORATION("Florida Housing")to govern the expenditure of the CRF funds 37 and subsequently disbursed CRF funds by Florida Housing. A copy of the First Amendment 38 to the Agreement is attached hereto as Exhibit"A". 39 Section 3. This Resolution shall become effective immediately upon passage. 40 PASSED AND ADOPTED this 1day of October, 2020. 41 CITY OF BOYNTON BEACH, FLORIDA 42 43 YES NO 44 45 Mayor—Steven B. Grant ✓ 46 47 Vice Mayor—Ty Penserga ✓ 48 49 Commissioner—Justin Katz gseh+- 50 51 Commissioner—Woodrow L. Hay 52 53 Commissioner—Christina L. Romelus 54 55 v 56 VOTE /'+0 57 ATTEST: 58 59 61 C tal Gibson,MMC ' ° �t�" ' 62 City Clerk 63 �.r..6. t xY �2b �. e ,��� I . _._ 64 (Corporate Seal) y . S:\CA\RESO\Agreements\Approve First Amendment oroQvVivs Relief Fund Subrecipient Agreement- Reso.Docx FIRST AMENDMENT TO AGREEMENT NUMBER 103-2020 THIS FIRST AMENDMENT ("Amendment") to AGREEMENT NUMBER 103- 2020 is entered into and effective as of October 1,2020,("Effective Date")by and between FLORIDA HOUSING FINANCE CORPORATION, a public corporation and a public body corporate and politic ("Florida Housing"), and CITY OF BOYNTON BEACH ("Subrecipient"). RECITALS A. Florida Housing and Subrecipient entered into Contract Number 103-2020, dated August 18, 2020, ("Contract") wherein Subrecipient agreed to participate in the Coronavirus Relief Fund Program. As used herein, "Agreement" shall include within its meaning any modification or amendment to the Agreement. B. The term of the Contract began on August 18, 2020 and ends March 31,2021. C. Section C.2. of the Agreement provides for a potential second disbursement of funds on or before October 1, 2020 for Subrecipients who meet the requirements of this Agreement and are satisfactorily performing. AGREEMENT NOW THEREFORE, in consideration of the terms and conditions contained in the Contract and this Amendment, and other good and valuable consideration,the receipt and sufficiency of which is hereby acknowledged,the parties agree as follows: A. Effective Date;Recitals. Upon its execution by both parties,this Amendment shall be effective as of October 1,2020. The above recitals are true and correct and form a part of this Amendment. B. Amendments. The Agreement is hereby amended to: 1. Add a definition for Technical Bulletin as a new Section B.11. 11."Technical Bulletin"or"TB"means any technical assistance document that Florida Housing issues to explain updated processes, provisions or monitoring requirements as Florida Housing receives updates, clarification and additional guidance with respect to the CRF funds. 2. Delete Section C.1. in its entirety and replace with the following: 1. Amount of Funds Available to Subrecipient:The total funds made available to Subrecipient under this Agreement is up to$454,944.00. First Amendment 1 Agreement#103-2020 3. Delete Section C.2. in its entirety and replace with the following: 2. Disbursement of Funds to Eligible Subrecipients: The available funds will be disbursed to Subrecipient for activities described in Item C.4., below. The Subrecipient received an initial allocation of$263,630.00 upon execution of the Agreement. Upon execution of the First Amendment, an additional $191,314.00 shall be provided to the Subrecipient. Any additional funds will be disbursed in an amount to be determined by Florida Housing. If Florida Housing determines that the Subrecipient has failed to make satisfactory progress in meeting the requirements of this Agreement or has otherwise failed to satisfactorily perform under the terms of this Agreement, subsequent funds may be withheld by Florida Housing pending resolution of the issues giving rise to the lack of progress or failure to perform satisfactory to Florida Housing which may include a written plan to address the issues prepared by the Subrecipient and submitted to Florida Housing for approval. 4. Add a new section C.10.,to address Technical Bulletins: 10. TBs will be used to clarify, discuss, interpret, and provide guidance for contract administration issues related to this Agreement. TBs will be both e-mailed and posted at https://www.floridahousing.org/programs/special-programs/ship--- state-housing-initiatives-partnership-program/ship-technical-bulletins, and Subrecipient is encouraged to regularly check for TBs. C. General Terms and Conditions. 1. This Amendment shall be construed and enforced according to the laws of the State of Florida and venue for any actions arising hereunder shall lie in Leon County, Florida. 2. This Amendment shall be binding upon and inure to the benefit of the parties hereto, and their respective heirs, successors and assigns. 3. This Amendment may be executed in counterpart originals,no one of which needs to contain the signatures of all parties hereto, but all of which together shall constitute one and the same instrument. 4. All rights, powers and remedies provided herein may be exercised only to the extent that the exercise thereof does not violate any applicable law and are intended to be limited to the extent necessary so that they will not render this Amendment invalid, illegal, or unenforceable under any applicable law. If any term of this Amendment shall be held to be invalid, illegal or unenforceable, the validity of the other terms of this Amendment shall in no way be affected thereby. First Amendment 2 Agreement#103-2020 5. Except as specifically modified by this Amendment, the Contract shall remain in full force and effect, and all of the terms and provisions thereof are hereby ratified and confirmed. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK First Amendment 3 Agreement#103-2020 IN WITNESS WHEREOF, the Parties have executed this FIRST AMENDMENT to Agreement Number 103-2020,by a duly authorized representative,effective on October 1, 2020. CITY OF BOYNTON B . TTH By: Name/Title: STEVEN B. GRANT, MAYORTTo FORM: Date: OCTOBER 28, 2020 / 1500-, MY ATTORNEY FEIN: 4i FLORIDA HOUSING FINANCE CORPORATION ''d 4.4544.1 By: it ..,.a kife ACif• Name/Title: Hugh R. Brown/General Counsels Date: 11-2-20 f �� _K r t •• � First Amendment 4 Agreement#103-2020