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Item 18 - Permanent Supportive Housing Project at 918 Bewley Street
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Item 18 - Permanent Supportive Housing Project at 918 Bewley Street
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10/8/2024 5:18:01 PM
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10/8/2024 4:57:55 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
18
Date
10/15/2024
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Exhibit F – City Deed of Trust <br />Exhibit G – NEPA Mitigation Measures <br />Exhibit H – Community Workforce Agreement (if applicable) <br />2.SCOPE OF WORK/PROJECT BUDGET <br />The Project is generally described in Exhibit B, and shall comprise of the rehabilitation <br />of the Property as described in Recital C, to provide eleven (11) residential housing units, with <br />ten (10) restricted as Affordable Units, and one (1) one-bedroom unrestricted manager’s unit. <br />The "Scope of Work" for the Project is attached hereto as Exhibit B. Any material change to <br />the Scope of Work requested by the Grantee shall be subject to the prior written approval of the <br />City Project Manager. The Scope of Work sets forth the construction work that shall be <br />performed on the Property for the Project and timeframes for approvals of such work. <br />A line-item budget for the Project, including a summary of statement of sources and uses <br />of funds, is provided in Exhibit C ("Project Budget"). <br />3.CONDITIONAL HHAP GRANT <br />3.1 Provided Grantee complies with the terms of this Agreement and the Regulatory <br />Agreement, Grantee will be subject to no repayment obligation. In the event the Project is not <br />constructed in compliance with the Scope of Work within two (2) years from the date of the <br />first disbursement of the HHAP Grant funds, the City may terminate this Agreement and, <br />pursuant to the default remedy provisions of this Agreement set forth in Section 6.1, the City <br />shall seek repayment of all HHAP Grant funds. <br />3.2 Amount and Purpose. Subject to the terms and conditions of this Agreement, <br />City agrees to make the HHAP Grant to Grantee in an amount not to exceed Two Million <br />Twenty One Thousand Three Hundred Nineteen Dollars ($2,021,319), as follows: an initial <br />disbursement of One Million Eight Hundred Nineteen Thousand One Hundred Eighty Seven <br />Dollars ($1,819,187) (the “Initial Disbursement”)upon complete execution of this Agreement <br />and satisfaction of the Conditions to Disbursement of HHAP Grant Proceeds, and Two Hundred <br />Two Thousand One Hundred Thirty Two Dollars ($202,132) (the “Final Disbursement”) upon <br />completion of construction of the Project. Grantee may use the proceeds in accordance with this <br />Agreement for expenses that are actually and reasonably incurred by Grantee for the Project as <br />set forth in the Scope of Work, and for no other purpose. <br />4.CONDITIONS TO DISBURSEMENT OF GRANT PROCEEDS <br />4.1 Conditions Precedent. City's obligation to disburse the HHAP Grant is subject <br />to the satisfaction of the following conditions precedent: <br />(a)City Council. Review, approval and execution of this Agreement and the <br />Regulatory Agreement. <br />EXHIBIT 2
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