First Amendment to the Agreement between City of Merced and Merced Rescue Mission for the Community Development Block Grant Acquisition and Rehabilitation of Residential Property
"Hope for Families" Program
This First Amendment to the Agreement entered into this _Ist day of Avgust _ 2022, by and between the City of Merced, a California Charter Municipal Corporation ("Grantee"), and Merced Rescue Mission, Inc. ("Subrecipient"').
WHEREAS, Subrecipient is undertaking this program to assist Grantee with the distribution of U.S. Department of Housing and Urban Development Community Development Block Grant (CDBG) funds towards acquisition and rehabilitation eligible activities within the City of Merced; and WHEREAS, Grantee and Subrecipient have previously entered into an Agreement for the Acquisition and Rehabilitation of Residential Property "Hope for Families" Program ($400,000), dated and executed January 18, 2022, hereinafter referred to as the "Agreement"; and
WHEREAS, due to the highly competitive climate of the current housing market and the resulting inability to successfully bid for and purchase a home in the normally efficient timeframe, Grantee and Subrecipient desire to amend said Agreement to extend the Term of Performance that will allow additional time to successfully complete purchase of a residential property, expend the appropriated CDBG funds, and complete all rehabilitation and related reporting activities, as described in the Agreement.
NOW, THEREFORE, the parties hereto, in consideration of the mutual covenants hereinafter recited, agree as follows:
1. Section IV, "TERM OF PERFORMANCE," is hereby amended to read as follows:
"IV. TERM OF PERFORMANCE.
Services of the Subrecipient shall commence on the date this Agreement is fully approved and executed. The
Subrecipient shall have until October 31, 2022, to expend X: \Agreements\Housing\2022\Ist Amendment to Merced Rescue Mission Agreement.docx 1 the funds budgeted for this activity, as set forth in Section V. If the funds are not expended by October 31, 2022,
this Agreement shall terminate and become null and void.
If some or all of the funds are expended, this Agreement shall continue to be in effect until Subrecipient pays
Grantee the full amount expended under this
Agreement."
2. Except as herein amended, the Agreement dated January 18, 2022, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties have caused this First Amendment to Agreement to be executed on the date first above written.
GRANTEE
CITY OF MERCED
A California Charter Municipal Corporation
BY: suphanie Duk
City Manage:
ATTEST:
STEPHANIE DIETZ, CITY CLERK
Soone CITY
1889
APPROVED AS TO FORM:
BY The 6/2/322
City Attorney Date
X: lAgrecments Housing 2022\1st Amendment to Merced Rescue Mission Agreement.doex 2 301853 PO 144147
ACCOUNT DATA:
BX: Viren
Verified by Finance Office
No funds to encumber. sc 8112/22
8/15/22
SUBRECIPIENT:
MERCED RESCUE MISSION, INC.,
A California Non-Profit Corporation
BY: Brua
(Signature)
Bruce Metcalf
(Typed Name)
Its: Chief Executive Officer
(Title)
Taxpayer I.D. No.: 77-0284849
Address: 644 W. 20th Street
Merced, CA 95340
TELEPHONE: 209-722-9269 (Office)
Email: [email protected]
[email protected]
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