HomeMy WebLinkAboutIowa Department of Economic Development-1/10/2011December 16, 2010
The Honorable Ernest G. Clark, Mayor
City of Waterloo
City Hall - 715 Mulberry St.
Waterloo, IA 50703
SUBJECT: Waterloo 08-DRH-211 Single Family New Production
Dear Mayor Clark:
RECEIVED DEC 2 0 2010
IOWA
(i;;- changing'
I am pleased to inform you the Iowa Department of Economic Development (IDED) will amend the
Waterloo 08-DRH-211 contract by adding, a Supplemental Community Development Block Grant (CDBG)
award in an amount not to exceed $855,500 for the project total plus General Admin amount not to
exceed $17,459 for Single Family New Production. Specifically, this amendment will award:
Two proposals for new construction of 17 houses
IDED has received these funds from the United States Department of Housing and Urban Development
("HUD") under the Supplemental Appropriations Act of 2008 (Pub. L. 110-252) and under the
Consolidated Security, Disaster Assistance, and Continuing Appropriations Act of 2009 (Pub. L110-329),
under the CDBG Program in order to assist in the recovery from the 2008 floods.
Your amendment with respect to this award (the "Amendment") will have a start date of pending
successful contract amendment negotiation and complete execution. The Amendment between Waterloo
and IDED will be following shortly. Upon its receipt, please review the document thoroughly, sign and
return it to IDED. With the Amendment's return we will execute and return a copy for your files.
No HUD funds or non -HUD funds may be committed to the project until the applicant has secured
environmental approval from the State, as provided in HUD regulation 24 CFR Part 58. In addition,
pending environmental approval and pursuant to 24 CFR Part 58.22(a), no grant recipient or
participant in the development process, including contractors or sub -contractors, may undertake
an activity that may limit the choice of reasonable alternatives. Such choice limiting actions
include real property acquisition, leasing, rehabilitation, repair, demolition, conversion, and new
construction. However, you may incur costs for administration and the environmental review
process.
IF ANY CONDITIONS CONTAINED IN THIS LETTER ARE NOT SATISFIED IN THE SOLE
DISCRETION OF IDED, OR THE AMENDMENT IS NOT FULLY EXECUTED WITHIN 60 DAYS, THIS
AWARD OF FUNDS SHALL BE RESCINDED, AND NO REIMBURSEMENT IS AVAILABLE FOR ANY
COSTS INCURRED BY THE CONTRACT RECIPIENT WITH RESPECT TO THIS AWARD.
Sincerely,
Ye7 /70
Bret L. Mills
Director
Enclosure
cc: Rudy D. Jones, City of Waterloo
File
Chester J. Culver, Govemor
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT
2010
Patty Judge, Lieutenant Govemor
200 East Grand Avenue, Des Moines, Iowa USA50309 0 Phone: 515.7253000 0 Fax: 515.725.3010 ' 0 www.iowalifechanging.com j
Please have an authorized representative sign this page and return it to the IDED if you intend to
accept this CDBG Supplemental award.
SFNP — ROUND 3
Waterloo, acting by and through its duly authorized officers, hereby accepts the award described in this
letter (Award), acknowledges that receipt of this Award is contingent upon the satisfaction of all conditions
of the Program, the receipt of funds by IDED with respect to the Award, and the execution of the Contract,
and agrees to be bound by all program requirements of the CDBG program, IDED guidelines and the
Contract with respect to this Award.
Waterloo
08-DRH-211
By:
Name: ERNEST G. CLARK
im
Title MAYOR. CITY OF WATERLOO, IA
-2-