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File #: 1332-13    Version: 1 Name: Second Amendment to CHDO (Community Housing Development Organization) Agreement with Fayette County Local Development Corporation (Urban League) for use of HOME Investment Partnerships Funds
Type: Resolution Status: Approved
File created: 11/27/2013 In control: Urban County Council
On agenda: 12/10/2013 Final action: 12/10/2013
Enactment date: 12/10/2013 Enactment #: R-708-2013
Title: A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Second Amendment to CHDO Agreement with the Fayette County Local Development Corporation, for an additional $28,264.50 in HOME Investment Partnership Program funds for development of rental housing units, the replacement of one planned duplex with two single family rental units, and extension of the performance period through December 31, 2014. [Div. of Grants and Special Programs/Office of the Chief Administrative Officer, Gooding/Hamilton]
Attachments: 1. Bluesheet Memo.pdf, 2. Second Amendment to Agreement.pdf, 3. 00418666.pdf, 4. Resolution 708-2013.pdf
Title
A Resolution authorizing and directing the Mayor, on behalf of the Urban County Government, to execute a Second Amendment to CHDO Agreement with the Fayette County Local Development Corporation, for an additional $28,264.50 in HOME Investment Partnership Program funds for development of rental housing units, the replacement of one planned duplex with two single family rental units, and extension of the performance period through December 31, 2014. [Div. of Grants and Special Programs/Office of the Chief Administrative Officer, Gooding/Hamilton]
Summary
Authorization to execute Second Amendment to Community Housing Development Organization (CHDO) Agreement with Fayette County Local Development Corporation (Urban League) for use of HOME Investment Partnerships Funds. (L1332-13) (Gooding/Hamilton)
This is a request execute Second Amendment to Community Housing Development Organization (CHDO) Agreement with Fayette County Local Development Corporation (Urban League) for use of HOME Investment Partnerships Funds. This amendment provides for additional federal funds in the amount of $28,264.50 and an extended performance period through December 31, 2014. Funds are budgeted.

Budgetary Implications: YES
Advance Document Review: Law/Risk Management
Fully Budgeted: YES
Account Number: 3120-900207-0001-71101
This Fiscal Year Impact: $28,264.50
Annual Impact: $
Project: HOME_2012
Activity: H02
Budget Reference: 2012
Current Balance: $54,021.84
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute a Second Amendment to CHDO Agreement, which is attached hereto and incorporated herein by reference, with the Fayette County Local Development Corporation, for an additional $28,264.50 in HOME Investment Partnership Program funds for development of rental housing units, the re...

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