HomeMy WebLinkAboutIowa Economic Department-5/19/2014Mayor
BUCK
CLARK
COUNCIL
MEMBERS
DAVID
JONES
Ward 1
CAROLYN
COLE
Ward 2
PATRICK
MORRISSEY
Ward 3
QUENTIN M.
HART
Ward 4
RON
WELPER
Ward 5
TOM
LIND
At -Large
STEVE
SCHMITT
At -Large
CITY OF WATERLOO, IOWA
COMMUNITY DEVELOPMENT
620 Mulberry Street, Carnegie Annex • Waterloo, IA 50703 • (319) 291-4429 Fax (319) 291-4431
CITY OF WATERLOO
Council Communication
City Council Meeting: May 19, 2014
Prepared: May 8, 2014
Dept. Head Signature: /
# of Attachments: 1
SUBJECT:
Submitted by:
t (((7 )
Rudy D. Jones; Com unity Development Director
[EDA New Construction Contract 08-DRH-211
Contract Amendment No. 16
Nancy Gulick, Community Development Coordinator
Recommended City Council Action:
Authorize Mayor to sign Contract Amendment No. 16 for submission to the Iowa
Economic Development Authority.
Summary Statement
The Iowa Economic Development Authority amended the New Construction Contract
indicated above for the City of Waterloo to decrease the award amount from $2,115,662.00
to $1,833,263.00 as of April 28, 2014. See Attachment A for budget breakdown.
Expenditure Required None.
Source of Funds: Iowa Economic Development Authority.
Background Information: As one of eleven CDBG Disaster Recovery Recipients, funds
were targeted and tied to communities that lost single-family housing as a result of the
disasters of 2008.
Attachment
J:\ANN-N\YEARDATA\IDED GRANT\2009 New Construction NC -Authorize Contract Amendment 16.docx
Cc: Noel Anderson, CPD Director
EQUAL HOUSING
OPPORTUNITY
CITY WEBSITE: www.cityofwaterlooiowa.com
WE'RE WORKING FOR YOU!
An Equal Opportunity/Affirmative Action Employer
Iowa Economic Development Authority
Community Development Block Grant (CDBG) Program
Disaster Recovery
Contract Amendment
Please return this copy to:
City Clerk & Finance Dept.
715 Mulberry St.
Waterloo, lA 50703
,JUN 1 0 2014
Recipient: City of Waterloo
Contract Number: 08-DRH-211
Contract Amendment Number: 16
Amendment Effective Date: April 28, 2014
The Iowa Economic Development Authority (IEDA) hereby amends the above referenced Community
Development Block Grant (CDBG) Program contract by clawing back unused funds in the amount of $110,027
from the Rental Rehab activity #731; $22,372 from the SFNC activity 871; and $150,000 from activity 872.
The contract by and between the Iowa Economic Development Authority ("Department or IEDA") and City of
Waterloo ("Recipient") is amended as of the date shown above as follows:
AMEND each Article in the Contract that refers to "Attachment A, Program Description and Budget" to
"Attachment A, Program Description and Budget, as amended."
AMEND AWARD AMOUNT from $2,115,662 to $1,833,263.
Except as otherwise revised above, the terms, provisions, and conditions of the Contract remain unchanged and
are in full force and effect.
RECIPIENT: City of Waterloo
Ernest G. Clark
Mayor, City of Waterloo
IOWA EC
BY:
AUTHORITY
Timothy
addell, Division Administrator
IOWA ECONOMIC DEVELOPMENT AUTHORITY
MAY 2 4 201k
DIVISION OF COMMUNITY
DEVELOPMENT
--- IOWA CDBG DISASTER RECOVERY HOUSING FUND PROGRAM DESCRIPTION & BUDGET
ATTACHMENT A
Name of Recipient: City of Waterloo
Contract Number: 08-DRH-211
PERFORMANCE
00010.4.0.04:
Units:
Assisted:
ATIONAL
OBJECTIVE
DATE: April 28, 2014
Tb 16.6fifled ri60006
016.100;i
04i iMgr
Activity 1: 731 Rental Rehabilitation (Small, under 8 Units)
3 UNITS
3 UNITS
LMI
$64,973
Activity 2: 871 Single Family New Production
Round 2
for families <80% LMI
10 UNITS
LMI
$493,043
Activity 3: 872 Single Family New Production
Round 2
for families 80% - 100% UN
10 UNITS
UN
$515,300
Activity 4: 871 Single Family New Production
Round 3
for families <80% LMI
9 UNITS
LMI
$453,415
Activity 5: 872 Single Family New Production
Round 3
for families 80% - 100% UN
8 UNITS
UN
$252,085
Activity 6: 875 Multi -family New Production
0 UNITS
LMI
$0
GENERAL ADMINISTRATION 181
$54,447
TOTAL BUDGET:
$1,833,263
G:\BCF\Recipients\Disaster\O8DRH\Waterloo1
- 211 \Attachment A\AttachAAmend16.xlsx
IOWA ECONOMIC DEVELOPMENT AUTHORITY
MAY 24 2014
DIVISION OF COMMUNITY
DEVELOPMENT
IOWA ECONOMIC DEVELOPMENT AUTHORITY
200 East Grand Avenue I Des Moines, Iowa 50309 USA I Phone: 515.725.3000
iowaeconomicdevelopment.com
June 4, 2014
The Honorable Ernest G. Clark, Mayor
City of Waterloo
City Hall - 715 Mulberry St.
Waterloo, IA 50703
SUBJECT: Contract Number 08-DRH-211, Amendment # 16
Dear Mayor Clark:
I( WA.
economic development
RECEIVED JUN Q/$°2014
The Iowa Economic Development Authority recently amended the CDBG Contract for the City of Waterloo, in
response to your request. Enclosed is your copy of the executed amendment. Changes made by this
amendment are now in effect.
Please file your copy of this amendment with your original contract document so that you will have current
information on the status of your contract. If your amendment includes a budget change be sure that is
reflected on your next "Request for Payment/Activity Status Form." The forms along with the Management
Guide may be found at IEDA's website at
http://iowaeconomicdevelopment.com/CommunityDevelopment/CDBG.
If you have any questions please feel free to contact your Project Manager, Ann Schmid, at (515) 725-3078 or
e-mail at Ann.Schmid@iowa.gov.
Sincerely,
Tim Metz
Contract and Compliance Manager
Enclosure
cc: Rudy D. Jones, City of Waterloo
Ann Schmid, IEDA
Governor Terry E. Branstad I Lt. Governor Kim Reynolds Director Debi V Durham