HomeMy WebLinkAboutIowa Department of Economic Development-12/20/2010 (2)Iowa Department of Economic Development
Community Development Block Grant (CDBG) Program
Contract Amendment
Recipient: City of Waterloo
Contract Number. 08 -DRB -205
Contract Amendment Number: Five
Amendment Effective Date: November 19, 2010
The Iowa Department of Economic Development (IDED) hereby amends the above referenced Community
Development Block Grant (CDBG) Program contract by increasing total award amount.
The contract by and between the Iowa Department of Economic Development ("Department or IDED") 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 $2,000,000 to $2,750,000.
Except as otherwise revised above, the terms, provisions, and conditions of the Contract remain unchanged and are in
full force and effect.
RECIPIENT: Ity of Waterloo
BY:
ayor, Ci ' of Waterloo
IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT
BY:
Timothy R. Waddell, Division Administrator
10
IOWA CDBG DISASTER RECOVERY FUND PROGRAM DESCRIPTION & BUDGET
ATTACHMENT A
DATE: 11119(2010
Name of Recipient City of Waterloos•
Contract Number: 08 -DRB -205 AMENDMENT FIVE '
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, Business Assistance Programs
BRAP (Business Rental Assistance Program)
ERAP (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 uo to 25 businesses
UN
LMI
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$2,696,000
Assist up to 25 businesses
Project Dellvery Costs up to a maximum of 3% of the total budget amount.
GENERAL ADMINISTRATION 181
$55,000
TOTAL BUDGET:
$2,750,000
G:IBCFIRecipients\Disaster108DRB\Watetioo - 205Wmendments\Waterloo 08-DRB-205-AmendmentFRVE-Attachment A.xlsx