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HomeMy WebLinkAboutHabitat for Humanity Fresno Amd No 3 HOME Investment Partnership Program South Clara EstatesC IIII III IIII II I IIII II II VIII I III IIII I I III III RemMnd at the Request end FRESNO Call Recorder when Recorded Rnum to: Robert C. Werner ClryofFmirm DOC— 2010-0139473 City Clews Office Tuesday, OCT 19, 2010 09:57:30 MOD Fresno Strived, Room 21M Ttl Pd $0,00 Nbr-W311364 OSP/R7/1-8 Fresno, CA 03721-3003 c'�'Thh ApreemeM Is remmed n the request and forth¢ benefit althe Cloy ofFmono and h exemPlM1wn the payment as L, rewMing fee pursu9M to Government Cade Section 8103. B mm Rued Assistant Chi Manager Date: /acv /n Amendment No. 3 To NOME Inwstmxn Pamorships Pmgmm Agreement Recorded Jul 19,=7 OO M74131a09 by end lleMeen C" OF FRESNO. a munition mmoleloan and Halofa he Hwlenify Fresno Inc.. e nonpofit Wlic CeOefil commotion repedilg 'Soah Ckn Eslales' Someone Comer Cara and NoM Avenues - APW 3ao-na-Q77t An ARONade Slgle Family Homes Palet free E#enson) AMENOMENT NO. THREE TO HOME INVESTMENT PARTNERSHIPSADREEMENT 'Seen Clare Estates Trois Amendment No. Three t0 the HOME Investment Partnership Community HousirM Devdopnant Crganlrslbn Agreement haralndllm enol to as'Amencment No. Thea, b made and eRegim as of CdObes 1, 2010, by end between the CITY OF FRESNO, a munidpd mtpore0on, acting through he Dowmeewn and COmmedy RevllalivMn Demeeena - Housing and Commundy Development DNitipn (Cn Y7, end HaNM For Humanity Frown Ino, a CaNOmia Worf)M l WNro bandit cameramen in good standing awth pdnctpal offices In Forma, CaAmrms, Including any art all nemlnmslemlgnees Medea mnmnted to ray CITY (mlledivey Mnlnader Warned he as'Hatear) RECITALS WI�RFAS, the CITY and Hertel ere pedes to a Novemner a, 2000 AssignmentlA4umpio r of HOME Invesenma paMmhipa Program Cdnmunity Houang Development Organization (CHDO) Agreement Inmmdeed Men, aMnunder HABITAT assumed a certain June 16, =5 HOME Program CHDO Agreement as Way amended art dead of Mean thermal reknit to henM an Me 'HOME Agreement' Incorporated! Men, pursuant to wthch the CIT', M (mitt he goal to mown Ne supply of AM08M Housing within the Coy Of Friend, press to assist HeNlal by providing HOME Program funds, upon Me teem sod mMitlams in the HOME Agement, mated to tan (tut) mpanh anglefamfiy ARwdede Houslro units dmrM on APW 32&220.01. 32&220.02. 32& O -M. 3A2200{, 32822006, 329-220-07, 3 MO -0e, 324228 10, 324220.11 and 32422412 at the Southeast Comer OF Clan art North Avenues In melrvrest Fresno, Inducing nbtmd amsne and off -sate impMRmanls, nafened to need as My 'Project': and WNERFAS, due to unexpected delays In Me assignment assumption to Haber, their ability to mem Mndhq reduMments, completion eslle Impovements art the currant marine mMM Hobaal nes mundane a ten eMeeion for mmpletlon Of Me Project; and YYHEREAB, Hatia's BOON of Diredon appovW MS Amendment No. Three on 27 2010. AMENDMENT NOW THEREFORE, in ran iounde n of the endo recalls, which mends aR COnlredued In nelun, Me mutual IaomBes Men contain], art fa Other good and vMuede consideration heety admndetlgod, the areas egme to the Raiment 1. me HOME Agreement is neRby amended t0 Wend tit Pnjatl Cdnalntion IMm to December 31, 2012, as mon emetically provided! In Me Rensed Project Stlhadi attached hereto as'Exhibh A' 2. Harahan hereby varves mit relations any and all Gains or muses Of amen against Cf It possesses or may mssess sayig Out Of or sated to this AmaMmnd N0. Three. 3. In Me event M e correct baNmen the body Of MU Amendment No. Three and any EWN Or ABecMnenl been,themeandmMt4plaathebodyaThisA mem NO. Three Snell mnhe eve lake gemdanfe overthe 6311CNAHachmmll. C Exraµ as expnsly MWnW and mended hereby, has HOME Agreement shell roman in full from and aloe. Frown and cher the elle ctrve date of Mis AnnndmenL refinences in the Agmement to This Agreement' shell mean the NOME Agreement as hereby amended. 11 IN WRNESS WHEREOF, the pelves head exau[ed NBAmentlmeM ND. Three to HOMEABreamedd In Fresno, California, the Gey and year fins above motion. CRV OF FRESNO HABUAT OR HUMANITY FRESNO INC,, a Maintained Carporatlarr a Pubfia Benefit Coracuman' ech rroMry nniMstedaGrpMedpmwd) (gWchnodary to MeoknwAedpmeM) Breve RutlE Andhay Mlnm q AsNsleM Cfiy Manapar Exeaaye gflcer Date:�(�� Date: APPROVED AS TO FORM: JAMES SANCHEZ Citymomey By. Robert Coyle, Senor Deputy City Attorney Date: Is 6 ATTEST: REBECCA E KLISCH City cum ,J Bye m !j . 0 y Date: 1611,116 Attachment Erndt A: ReNsed Patted Schedule J�� sate n CZAlomla Counyoi Frf sno Ong-a9'Qc10 before me, pemonallyappeare0 who proved to me On the Was of afisfenory, evidence M be Me persons wnoss nandell Wi musaIrMa d to Me virl irshument and ecl wwiedgea IRMA CA57ANEDA to mat that halsheat emMured Met eIn cammrm r 1637909 nlamervtheir summarized capaclyhered, and that by sel I-Camomn nislnerMerc seneeNrl on Me m5humem Me Name, on Cowry - parss, r Me mlly upon behalf of which the Lgnm fr of Wr Ye, M13 permdlOR Mel exhorted the instrument I sadly under PENALTY OF PERJURY moral has laws of the State of Cafdomia Met Me foregoing paregamin is hue em torten. WITNESS myhamand oXinaall seal. Signal OPTIONAL moms ma mamar have, aonwm.wewraw, irmavewre wusaa Mosel level ove oval ahaanewawu en rummerammanamm revrunroan ro:nouw, en:wrr.,r OeacdPWn of AdacMd Ocrcumhaden9 Tme or Typem Dxumem: �4 eRww .F Na3 Hn...— Pwr 1 �'�w-'h. ��W Document Dare'. Number of Magor: S K$ Slgnedsl Omar Than Nand Above: mpantr0eal Claimed by Slgnarle) / SomeJx Name'. SIB we' n Corpar M00i—Tte(al I:: OMror—m ia): I! Individual -hadvall I-" Pennell, Lrrtired TGwmy FPeMar—rl Limited IGenal T Mn�wen [Anneal In Fact L'. Ammaay In FM L Trader JTmmee L Door or Cauervaror ]GuamwrrorG arnvaror I- Other, amer aner Signer Is Rapt Mng. Signer is Reprreantirg� y state of Cellf anis ) County of Fresno ) On October 11, 201 before me, Stems L. Badedscher. Deputy Co Clerk, personally appeared, Bruce Rudd, Assistant Chy Manager, who proved to me on Me basis of satisfactory evidence, to be Me persons) whose name(s) islare subscribed to Me within Instrument and acknowledged to me Mat halsheMey executed Me same in hislherAheir authorized capacry(ies), and Mat by hislherAt eir signature(s) on the instrument Me peracids), or the enfty upon behalf of whhh Me persons) acted, executed the instrument. I caddy under PENALTY OF PERJURY under this laws of the State of Ca rromm that the horagoing paragraph is men and correct WITNESS my hand and official all REBECCA E KLISCH, CMC City Clerk, City of Fresno Deputy � *� 't S EXHIBIT A Ilk Habitat" 1219 San Joaquin Fre 237-41Hornia 9383 5511-M-aiax 1 for Humanity` FaN 599d.habAa - ms www babltaMresno 0 July 26, mo Revised Project Schedule -® �0 �v ®® 7 p PI I61 7 .:.... .. .:....� WWI I IF& NEL I lid 61 11 LQM� L P hESPOOREPORT TO THE CITY COUNCIL AGENDA ITEM NO. 4l: KamC COUNCIL MEETING sebanbr to MG September i6, 2010 FROM: Craig Stltedon _Director. / ,i _ L SUBJECT: Department I orrW Claudia Curares, Division Manol aud�.i. Housing and Community Development Divisionii John Robertson, Management Analyst III Housing and Community Development D NECESSARY DOCUMENTS FOR AMEND ENT NO. 3 TO HOME PROGRAM COMMUNITY HOUSING DEVELOPMENT RGANIZATION AGREEMENT BETWEEN CITY OF FRESNO ANO HABITAT F MANITY— FRESNO, GRANTING A TIME EXTENSION FROM SEPTEMBER 30, 2010 TO DECEMBER 31, 2012 FOR COMPLEt OF SOUTH CLARA ESTATES AN AFFORDABLE SINGLE FAMILY HOME SURDMS COMMUNITY HOUSING DEVELOPMENT OR( THE AMOUNT OF $550,000 ON MAY 3, 2005. RECOMMENDATIONS Staff recommends that City Council approve Me HOME Investment Parblerships Program Community Housing Development Organisation (CHDO) Agreement Amendment No. 3 (Exhibit I —Amendment No. 3) gmnbng a lime extension 0om September 30, 201 O W December 31, 2012, subject M City Attorney approval as to form, to Hallt for Humanity Fresno Inc. (Habilt) for Me completion M construction on 10 affordable singieJamily homes located at the southeast comer of North and Clam Avenues M southwest Finana. EXECUTIVE SUMMARY On December T, 2006, City Counts approved Me sale of Cdy-owrgd land, and selection M Fresno West Coafton for Economic Development (FWCED) W develop affordable singledamily homes on vacant land located in southwest Fresno (see Exhibit 11— Project Location Map). Subsequently, on May 3, 2005, Council approved a HOME CHDO agreement 6a $550,000 in developmentfinancing. The project's original completion date was December 29. 2006 and was extended once to June 30,2W8 W m -engineer the silo plat. On July 15, 2o0B, staff requested, and Counal a ved, m emeM lo Me Agreem W allow reassignment a the project to Halted and adend Me completion data to September 30, 2010. TMs was necessary because that previous completion date was no longer viable and FWCED was unable to continua with development of Me project. Since Madame, Habitat hes aggressively worked to meet the September 30, 2010 deadline. However, Ore coMrectuel assignment ro Habitat took significantly longer then expecte and subsequently delayed the start M construction. Additionally, bonding requirements, completion of site Improvements, and current market wo Mons have mused lumber delays. Habitat hes, therefore, requested an extension M time to December 31, 2012, to allow for project completion. hrAmeaa oats IifiLlip REPORT TO THE CITY COUNCIL Tim Edenslen fa HOME CHDO Project wghi Habod September 16, 2010 Papa 2 a 3 In June 2000, Me Public Works Department and Me Housing and Commumly Development Division ass is a Request for Proposals (RFP) ler the sale of a City-owneC 2.Saae vacant Parcel and construction of affordable housing on the site. City stair recommended, and City Council approved on December ], 20D0, Me seleci on M Me FACED tlevelapment ream. FACED purobasetl Me property on April 12, 2005. On May 5, 2005 affordable sin galed -fMaemalwy ahomes on E site. ORefutlnedviengloameen Ag enncMeHome mouSnet ta Aside sitla fundi ntgo wccans salso apmvWorMpjctinMaamountaE20,125. ct 10 In 2005, tluring the tentative map preparation Process, it was itlentified MatMe subdivision would require an onsite pordffirg basin eewuu M Mis collation, FWCEO hatl ro realginaer Mair sin plan, tlargInp Me Subdivision from 10 to 121as. One IM allows for an additional Torte, all Ms oMar lot aapnnmodams Me landing basin. This pads wusad a significant delay in FWCED's project schedule and Mus required an Initial time extension. FWCEO was granted a temporary extension by the former Housing and Community Development Manager for 1 W tlays extending Mair timeline to June 29 2007, as aborad in Me wgimi w a However, du to the extent of me Manges required in Meir subdivision, was 100 day extmalen was not sNfident fame to complete May project. Therefore, City Council approved an extension b June 30, 2009. When the tract map vias braided all approved, FV ICED was requiretl to post Peffomanw socumes antl make lea payments. At that Who, FVVCED advisetl Me City Mat it did not have the financial capability to meet Me wrlomanm semrdes az required by Me subdiviam nap aM Therefore, Me Housing and Cor munity Development Division and the Retlevebpmand Agancypartly negotlaled aiM FACED and Habitat b assign Me project to Habitat Habitat was able to demonstrate May have Me capability m mut pedormucti wcunties and mmplele Me project On July 15, 2008 City Coundl approved Amendment No. 2 to this prolan contact tel assgrred Me HOME CHDO Program Agreement from FACED In Hebron all Provided an extension of Mine until September 311, 2010. The AEsignmeM/ mpbmegae N"sexe WwNovember4,2008. Since Met time, Habitat has mmunteatl sgnifiwm delay¢. Thi¢ length M time rectums ler Me exsmtim of Me Awgnme Aswmptim Agreamwt wu a Mur month deley b Me start ane pro W. HabtoA also expmenwd an economic eat back in secumg bantling in late 2005 and early 2009 due to Me ecwlomic dowuMnm. Additionaly, substantial site improvements were needed for Me proje r whits Habitat constructed n 2009. Currently, Habitat Is superstrong delays in securing construction finanang tlm to current mantel conditions. The current madr rt corditions Wooed! substantial strain on Hmilat's fund-raising elfolts, humming gra read to request a time i demon M complete the project. If approved by Council, Me remmmmded anion will provide Halsted an additional 27 manta b complete the Project. Habitat is implementing unprecedented! measures to improve Mair financial situation. For Me fiat time in Haatat's history, tlay are eallitre mortgages to siu wpgal. Habitat is alw planning a leW fund -rising event in Sapdembw 2010 ell hes bean reaming outdo mrywele ell intlivMual dome to requut atlditiwual aulalenw. REPORT TO THE CITU COUNCIL Time E dammon far HOME CHDO Pmjelt%fill Habitat Honest started construction work on Me homes on January 9, 2010. Two homes have been completed. Habitat is winplegng finish work on one home, another home is in the final finishing stapes, and one home is in the rough homing stage. Habitat and the City have pre -approved nine families for home Purchase, all of whom have stoned their required 500 hours of sweat equity. The homes will range from 1,350 tb 1,807 square feet and contain three to five bedrooms. HOME CHUG funds were proposed 0 ba used as mnabuctim and permaneMTnmmirg. To dere, Habitat has expended $539,350.10 M the $550,000 of HOME CHOO funds approved for the PmleO, and Is utilizing primas Financing to finish censhutbpn. The Housing and Community Development Commission mammented approval of this item on August 25, 2010. FISCAL IMPACT There is no fiscal impact arimmmted %flit this recommendation. CocmdI previously approved $550,000 In HOME Program CHIDO funds, which, as of September 1, 2010, a total of $539,350.10 haw been expended. Habitat expels to expend this balance in Seplember2010. AttatllmeMs: Exhibit l—Amendment No.3 Exhibit It— Project Lorabon Map