HomeMy WebLinkAboutIowa Economic Development-12/17/2012 (3)IOWA ECONOMIC DEVELOPMENT AUTHORITY
200 East Grand Avenue I Des Moines, Iowa 50309 USA I Phone: 515.725.3000
iowaeconomicdevelopment.com
January 10, 2013
The Honorable Ernest G. Clark, Mayor
City of Waterloo
City Hall - 715 Mulberry St.
Waterloo, IA 50703
SUBJECT: Contract Number 08 -DRB -205, Amendment # 11
Dear Mayor Clark:
IOWA
economic development
RECEIVED JAN 142012
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." If you have any questions please feel free
to contact your Project Manager, Meridith Marshall, at (515) 725-3012 or e-mail at Meridith.Marshall@iowa.gov.
Sincerely,
Tim Metz
Contract and Compliance Manager
Enclosure
cc: Noel Anderson, City of Waterloo
Meridith Marshall, IEDA
Governor Terry E. Branstad I Lt. Governor Kim Reynolds I Director Debi V Durham
Please return this copy to:
City Clerk & Finance Department
715 Mulberry Street
Waterloo, IA 50703
Iowa Economic Development Authority
Community Development Block Grant (CDBG) Program
Contract Amendment
Recipient: City of Waterloo
Contract Number 08 -DRB -205
Contract Amendment Number Eleven
Amendment Effective Date: 10/26/2012
The Iowa Economic Development Authority (IEDA) hereby amends the above referenced Community
Development Block Grant (CDBG) Program contract by decreasing the budget.
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 AWARD AMOUNT from $2,750,000 to $2,394,041.
Except as otherwise revised above, the terms, provisions, and conditions of the Contract remain unchanged and
are in full force and effect.
RECIP
City of Waterloo
BY. � / G,% )1-7 bo(
Mayor, City of Waterloo
IOWA ECO OMIC !.: e OPMENT AUTHORITY
BY:
Waddell, Division Administrator
IOWA ECONOMIC DEEVELOPMENTAUTHORITY
JAN 0 4 2t13
DISION OF COMMUNITY
DEVELOPMENT
IOWA CDBG DISASTER RECOVERY FUND PROGRAM DESCRIPTION & BUDGET
ATTACHMENT A
DATE: 10/29/2012
Name of Recipient: City of Waterloo
Contract Number: 08 -DRB -205 AMENDMENT ELEVEN
To be filled in by IDED
Original
Amendment # ELEVEN
Proj Mgr Sign MM
ACTIVITY DESCRIPTION
PERFORMANCE TARGETS/MEASURE
NATIONAL
OBJECTIVE
BUDGET
Business Assistance Programs
BRAP (Business Rental Assistance Program)
EBRAP (Expanded Business Rental Assistance Program)
LIS (Loan Interest Supplement)
CRRG (Commercial Rental Revenue Gap)
RLBS (Residential Landlord Business Support)
ERAP (Equipment Reimbursement Assistance Program)
FIRP (Flood Insurance Reimbursement Program)
CMSBP (Case Management Business Support Program)
Assist up to 25 businesses
UN
LMI
$2,347,099
Assist up to 25 businesses
Project Delivery Costs up to a maximum of 3% of the total budget amount.
GENERAL ADMINISTRATION
181
$46,942
TOTAL BUDGET:
$2,394,041
G:\BCF\Recipients\Disaster\08DRB\Waterloo - 205ikmendments\Amendment #11 \Waterloo 08-DRB-205-AmendmentELEVEN-Attachment
A.xlsx