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HomeMy WebLinkAboutAMENDMENT - 08-DRH-011 • ' �3�g12g1.443� ,,_.,,,,,,._,_ Goor.04:70.:607,,,,"5"...„..-- ---- teat,{;acaeg•�e Pnnex „=AgerW �t�.p '` ter a ca),62___________::::2,,„„, LU:so: �,DevelOAu�ziR°��d4 COC' . ss..c�ion°f Co lopn1e0, Grit #C� DowaEc GaAe50309 � tpr°dvGtl°np,G CZLZ00 oiries 011Gti�°� the CD CC �Rs es O$D ��ew C°"s ice°f Ged a ing Gap r Pmendme t- 1Y G Single F e a� °z�Z e•C•CC O�aGt�ceo- 4,v .3.1 e 5.1a i at`are �Sg,t-c) r cons ,Gt lease Do �S Nls Lei d copy of t eto eXceedamount fpz Auestil°�s�p Ward 1 Dear 111 execute ° `N d 1osIle e a in all'. s tie a sh°�ldkave anY CO' e e 1 mental Awe anent inG� d°G ants if y° ward 2 eas Supp s ant contzact' Pmendm 9L it official 1-4q,29. G�zz� �Newil�m at�319�29 Ward 3 c Q_°' 8. war G°nta d SmcetelY R01 y R Coot amatot Ward 5 L Gulick °cent 1anGY De`iel GY -IsIN" Cott 11mtY w �CRoa"a 4 aoo At-Large 1LG.a4 na 4*DA'\'Accept A aca CRon �C �t EnGlOs e P.vATA��D G o,& eve\oP'aentD�Cectoi At-LargeI' a n C00°0ylannvng Cc: Noet 9 •� �' G� coon�mP\oYec CI 'g�'WOO- - {��ctnaV A �°EG°a�OP OYQ�a'AtUN4Y APR 252012 IOWA ECONOMIC DEVELOPMENT AUTHORITY f% 200 East Grand Avenue I Des Moines,Iowa 50309 USA I Phone:515.725.3000 RECEIVED APR 24 NN iowaeconomicdevelopment.com �;9 r is dE vebi r sn April 19, 2012 The Honorable Ernest G. Clark, Mayor City of Waterloo City Hall- 715 Mulberry St. Waterloo, IA 50703 SUBJECT: City of Waterloo 08-DRH-011 - Single Family New Production - Round 4 Dear Mayor Clark: I am pleased to inform you that the Iowa Economic Development Authority(IEDA)will amend the City of Waterloo 08-DRH-011 contract by adding a Supplemental Community Development Block Grant(CDBG) award in an amount not to exceed $1,058,621 for the project total plus General Admin amount not to exceed $21,606 for Single Family new Production. Specifically, this amendment will award: Three proposals for new construction of 20 houses IEDA 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. L.110-329) under the CDBG Program in order to assist in the recovery from the 2008 floods. Your amendment of 08-DRH-011 will have an effective date of the date of this letter, pending successful contract negotiation and complete execution. The Amendment between City of Waterloo and IEDA will be following shortly. Upon its receipt, please review the document thoroughly, and sign and return it to IEDA. 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 general administration and for the environmental review process. • IF ANY CONDITIONS CONTAINED IN THIS LE ITER ARE NOT SATISFIED IN THE SOLE DISCRETION OF IEDA, 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. If you have any questions please call your project manager Julie Lunn at 515-725-3082 or e-mail julie.lunn@iowa.gov. Sincerely, Deborah V. Durham Director � a Enclosure cc: Rudy D. Jones, City of Waterloo File • Governor Terry E.Branstad I Lt.Governor Kim Reynolds I Director Debi V.Durham Please have an authorized representative sign this page and return it to the IEDA if you intend to accept this CDBG Supplemental award. City of 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 IEDA with respect to the Award, and the execution of the Contract, and agrees to be bound by all program requirements of the CDBG program, IEDA guidelines and the Contract with respect to this Award. City of Waterloo 08-DRH-011 Project Manager:Julie Lunn B Name: Ernest G. Clark Title Mayor, City of Waterloo, Iowa -2-