RICHMOND HOUSING AUTHORITY
CONTRACT AMENDMENT
Department: Richmond Housing Authority Project Manager: Nannette Beacham Project Manager E-mail: [email protected] Project Manager Phone No. (510) 621-1300 P.R. Contract/P.O. No. 4581
Description of Services: Development Advisory and Financial Services for RHA Amendment No. modifies the:
X Term and Payment Limit • Payment Limit • Term X Service Plan The parties to this Contract Amendment do mutually agree and promise as follows:
Parties. The parties to this Contract Amendment are the Housing Authority of the City of Richmond, California (Authority), and the following named Contractor:
Contractor Name: David Paul Rosen & Associates
Street Address: 3527 Mt. Diablo Blvd., #361
City, State, Zip Code: Lafayette, CA 94549
Contact Person: David Paul Rosen
Telephone: 510-451-2552 Email: [email protected] Business License No: 40058084 / Expiration Date: 1/30/2021 A California [ ] corporation, | ] limited liability corporation | ] general partnership, | ] limited partnership, [ ] individual, [ ] non-profit corporation, | ] individual dba as [specify:]
i X] other [specify:] sole propietor
2. Purpose. This Contract Amendment is being entered into to amend the Contract between Authority and Contractor which was approved by the Board of Commissioners of the Housing Authority of the City of Richmond or executed by the Authority's Executive Director on DATE, Said contract shall hereinafter be referred to as the "Original Contract" and is incorporated herein by reference.
Original Contract Provisions. The parties hereto agree to continue to abide by those terms and conditions of the Original Contract, and any amendments thereto, which are unaffected by this Contract Amendment.
4. Amendment Provisions. This Contract Amendment is subject to the Amendment Provisions attached hereto, which are incorporated herein by reference, and which control over any conflicting provisions of the Original Contract, or any amendment thereto.
Contract Amendment between the Housing Authority of the City of Richmond and
Amendment No. 1 Contract No. 4581
City of Richmond Business License Active Status Maintained. Pursuant to Municipal Code Section 7.04.030, the Contractor must maintain its City of Richmond business license before any provision of this Contract Amendment will be deemed to take effect.
Signatures. These signatures attest the parties' agreement hereto:
CONTRACTOR:
THE HOUSING AUTHORITY FOR THE
CITY OF RICHMOND, CALIFORNIA
(*The Corporation Chairperson of the Board, President or Vice-President should sign on the line below.)
hannalte Beachan sever bel
By_
to: Executive Director
Title: VAINCIAL
(*The Corporation Chief Financial Officer, Secretary or Assistant Secretary should sign on the line below.)
By:_
List of Attachments: Title:
1. Amendment Provisions
(NOTE: Pursuant to California Corporations
Code Section 313, if Contractor is a
corporation or nonprofit organization, this
Contract (1) should be signed by the
Chairperson of the Board, President or
Vice-President and the Chief Financial
Officer, Secretary or Assistant Secretary; (2)
should have both signatures conform to
designated representative groups pursuant
to Corporations Code Section 313; and (3)
should be accompanied by completed
notary acknowledgment forms)
(Complete the notary acknowledgments
attached hereto)
c: Authority contract amendment form\EJ (6/17/2015)
Contract Amendment between the Housing Authority of
the City of Richmond and
Amendment No. 1 Contract No. 4581
AMENDMENT PROVISIONS (TERM AND PAYMENT LIMIT)
Paragraph 2 (Term) of the Original Contract is hereby amended to extend the Contract term. Paragraph 2 of the Original Contract is amended to read as follows:
"2. Term. The effective date of this Contract is 1/1/2019 and it terminates 6/30/2021 unless sooner terminated as provided herein."
2. amended to read as follows:
3. Payment Limit. Authority's total payments to Contractor under this Contract shall not exceed $393,600."
The Authority shall not pay for services that exceed the Contract Payment Limit without the prior written approval of the Authority's Executive Director if the total Contract amount does not exceed $10,000 or without the prior approval of the Board of Commissioners if the total Contract amount is over $10,000. c: Authority contract amendment form\EJ (6/17/2015)
Contract Amendment between the Housing Authority of
the City of Richmond and
Amendment No. 1 Contract No. 4581
AMENDMENT PROVISIONS (SERVICE PLAN)
(CONTRACTOR'S OBLIGATION'S)
The Service Plan (Exhibit A) of the Original Contract is hereby amended to include the following task and/or services:
Estimate of DRA Richmond HUD Repositioning Tasks, Hours and Cost Estimates Remainder of FY 2020 and FY 2021 July 1, 2020
thru June 30,
2021
DRA Hours by Project and Task
Hacienda
• Bidding debt and equity review
• Review loan agreements and LPA
• Closing (teleconferences)
• Monitoring payments to RHA at closing
• Attend council meeting for developer selection
• Review revised developer financing plan/pro formas (after selection) • Review/Negotiation of ENA
• Review/Negotiation of DDA
• Bidding debt and equity review
• Review kan agreements and LPA
• Preparation of Master Developer RFQ/RFP
• Review of developer submittals
• Review project financial statements/operating costs
* Developer financial capacity/memo
• Review financing plans and pro formas/memo
• Review/Negotiation of ENA
• Review Pro Formas/Financing Applications
o Bidding debt and equity review
• Review loan agreements and LPA
Richmond Village land I1
• Attend Council meeting, option agreement (same meeting as for Nevin above) 3 0) o Preparation of Developer RFO/REP 15 0)
• Review of devekiper subminals 0 1)
* Review project financial statements/operatine costs 30 * Developer financial capacity/memo =. = 30
* Review RFP Financing plans and pro formas/memo 30
* Attend Council meeting, developer selection 6
•> Review/Negotiation ofENA 0 15
o Review/Negotiation of DDA 25
• Review Pro Formas/Financing Applications 20
o Bidding debt and equity review 0 16
• Review loan agreements and LPA 0 30
Subtotal 18 202
Total DRA Hours 240 390
Labor Expense $88,800 $144,300
Administration and Reimbursable Expenses $3,500 $7,000
Total Contract Estimale $92,300 $151,300
c: Authority contract amendment form\EJ (6/17/2015)