Loading...
HomeMy WebLinkAboutHABITAT FOR HUMANITY OF ORANGE COUNTY (3)o K,!jiih .;-oURED A-2021-045 W, -'ROCEFO .AMA Q CDA CO)C-SudSOvxby& )n, T-A O' FIRST AMENDMENT TO CONDITIONAL GRANT AGREEMENT by and between the CITY OF SANTA ANA and HABITAT FOR HUMAN= OF ORANGE COUNTY, a nonprofit organization 416 Vance Street (APN 398-041-18) and 826 N. Lacy Street (APN 398-041-22) Dated: Apri16, 2021 FIRST AMENDMENT TO CONDITIONAL GRANT AGREEMENT INCLUSIONARY HOUSING PROGRAM THIS FIRST AMENDMENT TO CONDITIONAL GRANT AGREEMENT ("First Amendment") dated, for identification purposes only, as of April 6, 2021, is made and entered into by and between the City of Santa Ana, a charter city and municipal corporation ("City"), and Habitat for Humanity of Orange County, a nonprofit organization ("Developer") with reference to the following: RECITALS: A. The City and Developer executed a Conditional Grant Agreement Inclusionary Housing Program dated November 17, 2020, in the amount of $231,494 ("Grant Agreement"), for the proposed development of two (2) single-family detached homes restricted for sale to moderate income families earning no more than 120% of the Orange County Area Median Income ("Project") to be located at 416 Vance Street (APN 398- 041-18) and 826 N. Lacy Street (APN 398-041-220) (collectively, the "Property"). B. Developer requested an additional $333,777 from the City in order to offset a portion of the additional construction costs associated with the Project due to the architectural requirements of French Park where the Property is located. C. The City, on the same terms and conditions found in the Grant Agreement, desires to increase such Conditional Inclusionary Grant to Developer in order to make possible the development and construction of the Project, thereby expanding the supply of decent, safe, sanitary and affordable housing within the City. D. This First Amendment is entered into for the purpose of increasing the total amount of the Conditional Inclusionary Grant from the City to the Developer for completion of the Project, pursuant to the Inclusionary Housing Fund regulations and guidelines. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions of said Grant Agreement, except as herein modified, the parties agree as follows: Section 1.1, Defined Terms, shall be amended to increase the total amount in the definition of "Inclusionary Grant" or "Inclusionary City Grant" by $333,777 for a total Inclusionary Grant amount up to $565,271. 2. Section 3.1, Inclusionary Funds, shall be amended to increase the total amount of the Inclusionary Grant by $333,777 for a total Inclusionary Grant amount up to $565,271. Section 4.1, Conditions Precedent, subsection (d), Recordation of Affordability Restrictions, shall be amended to increase the total amount of the Inclusionary Grant by $333,777 for a total Inclusionary Grant amount up to $565,271. 4. Exhibit B, Scope of Work/Schedule of Performance, shall be replaced with the updated Scope of Work/Schedule of Performance attached hereto as Exhibit B-1 and incorporated herein by reference. Except as hereinabove modified, all terms and conditions of said Grant Agreement shall remain in full force and effect. (Signatures on following page) A-2021-045 IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed on the date first set forth above. ATTEST: Daisy Gomez Clerk of the Council APPROVED AS TO FORM Sonia R. Carvalho City Attorney /atv-1 By: Ry dge Assistant ity ttorney RECOMMENDED FOR APPROVAL Steven A. Mendoza Executive Director Community Development Agency CITY OF SANTA ANA ,O/Ze Kristine Ridge City Manager {Signatures continue on following page} DEVELOPER: Habitat for Humanity f Orange Coun sy: ' aron Ellis Its: Executive Director EXHIBIT B-1 SCOPE OF WORK/SCHEDULE OF PERFORMANCE IMIMI-I : Updated 3.19.21 Scope of Work/Schedule of Performance Scope of Work The scope of work shall include the preparation of plans, processing for permits, site work, house construction landscaping/fencing, and family selection. Schedule of Performance Months Site Acquisition/Due Diligence Complete Engineer plans Complete Development Review Application Submit 4/1 Construction Drawings 1 City Processing/Permits 4 Grading/Site Improvements 1 House Construction 10 Home Sales 2 Total Schedule 18