SECOND AMENDMENT TO
DEVELOPMENT AGREEMENT FOR THE
MULBERRY VILLAGE DEVELOPMENT PROJECT
(2825-2841 Mulberry Street)
U.S. Department of Housing and Urban Development (HUD)
HOME Investment Partnerships Act Funded Project
THIS SECOND AMENDMENT TO DEVELOPMENT AGREEMENT FOR THE
MULBERRY VILLAGE DEVELOPMENT PROJECT ("Second Amendment") is made and , 2024, by and between the CITY OF
RIVERSIDE, a California charter city and municipal corporation ("City"), the HOUSING AUTHORITY OF THE CITY OF RIVERSIDE, a public entity, corporate and politic ("Authority"), and HABITAT FOR HUMANITY RIVERSIDE, INC., a California non-profit public benefit corporation ("Habitat for Humanity"), with respect to the following ("Developer"):
RECITALS
On August 1, 2019, Authority and Developer entered into that certain Development Agreement ("Agreement"), wherein Developer is to obtain a fee interest in a site owned by Authority (identified as Assessor Parcel Numbers 209-222-026, 209-222-027, and 209-222-015 (collectively referred to as "Site") to construct a multi-family, affordable housing project for The Mulberry Village Development Project, consisting of approximately ten (10) small cottage homes on the Site, together with any improvements appurtenant thereto ("Project").
On November 17, 2022, Authority and Developer entered into that certain First Amendment to Development Agreement ("First Amendment"), wherein the funds for the HOME CHDO Funds to Habitat for Humanity were increased by Eight Hundred Thirty-Three Thousand Thirty-One Dollars and Twenty-Eight Cents ($833,031.28), for a total of One Million Seven The Authority and the Developer desire to increase the funding for the Project by 1 additional Seventy-Two Thousand Eight Hundred Thirty-Two Dollars and Sixty-Five Cent 72,832.65) through a Housing Authority funded gran
NOW, THEREFORE, incorporating the recitals set out above, the Parties hereto mutuall gree to the following amendment to the Agreement
1 Section Hili of the Agreement is hereby amended to increase the funding to Habitat for Humanity by way of a City of Riverside Housing Authority grant, independent of any HOME CHDO funds, in the amount of Seventy-Two Thousand Eight Hundred Thirty-Two Dollars and Sixty-Five Cents ($72,832.65), thereby increasing the total Project budget to One Million Seven Hundred Ninety Thousand One Hundred Thirteen Dollars and Ninety-Three Cents ($1,790,113.93).
2. Section 1.1 Defined Terms "Project Budget" of the Agreement is hereby amended and replaced in its entirety as follows:
"Project Budget" means budget for the Project, attached hereto as Attachment No. 5-2."
All other terms and conditions of the Agreement between the Parties which are not inconsistent with the terms of this Second Amendment shall remain in full force and effect as if fully set forth herein.
[SIGNATURES ON FOLLOWING PAGE]
2 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to Development Agreement for the Mulberry Village Development Project to be duly executed the day and year first above written.
"HABITAT FOR HUMANITY"
HABITAT FOR HUMANITY RIVERSIDE, INC.,
A California Not-For-Profit Corporation
Dated: 8/28/24 By:
Name: David Hahn
Its: Executive Director
By: saura Roughton
Name
Its: Boardent
"AUTHORITY"
HOUSING AUTHORITY OF THE CITY OF
RIVERSIDE, a public entity
Dated: By:
Executive Director
ATTESTED TO:
By:
Authority Secretary
APPROVED AS TO FORM:
By: • Murp
Authority General Counsel
3 "CITY"
THE CITY OF RIVERSIDE, a California charter
city and municipal corporation
Dated: By:
City Manager
ATTESTED TO:
By:
City Clerk
APPROVED AS TO FORM:
By: Sean Murph
Sean B. Murphy
Deputy City Attorney
CERTIFIED AS TO FUNDS AVAILABILITY:
BY ASSISTANT CHIEF FINANCIAL OFFICER lus
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4 ATTACHMENT NO. 5-2
PROJECT BUDGET
ATTACHMENT NO. 5-2
Detailed Project Budget - Mulberry Cottages-10 Units Revised 5/22/24 Single Home 10 Homes Description Cost Increase
PREDEVELOPMENT
City of Riverside Permits/Fees $ 5,420.00 54,200.00 City permits, Development fees Schools
Engineering/solls 1,487.00 14,870.00 Geotechnical, Soils Report Civil Engineer Plans $ 2,480.00 24,800.00 Plans: topo, map, grading, utiltles, street Engineer-site survey 2,157.00 21,570.00 Vertical + Horiz Controls, pad certs, drain cert $ Architectural-bulldling.. 5,500.00 55,000.00 $
Architectural-landscaping $ 1,122.00 11,220.00 $
Engineering-bullding 820.00 8,200.00 Structural + Mechanical $ Rough Grading 4,715.00 47,150.00 with import
Street Improvements $ 7,680.00 76,800.00
RPU Water $ 4,927.00 49,270.00 Offsite-City includes fire hydrant (50k budget) RPU Electric $ 2,190.00 21,900.00 Offsite-City
Water onsite & sewer 13,930.00 139,300.00
Rentention Basins - site drainage resent 3,564.00 35,640.00 $ Dry Utilities; electric, phone, cable 6,200.00 62,000.00 $ Energy Calc / Energy Star Insp. 350.00 3,500.00 $
TOTAL PREDEVELOPMENT 62,542.00 625,420.00 0000
CONSTRUCTION
Grading Final $ 2,340.00 23,400.00 Grading-final/precise $ Concrete Foundation & Slab 8,870.00 88,700.00 Footings, pads, slab floor on grade Masonry 1,711.00 17,110.00 front parking garden wall, trash end Trash Encisoure gates & trellis 945.00 9,450.00 $
Rough Lumber 5,980.00 59,800.00 (prevlously Included at rough carpentry) $ Rough Carpentry 4,872.00 48,720.00 $
Roof trusses ex us ex 2,953.00 29,530.00 (previously included at rough carpentry) $ Roof truss - Install 1,700.00 17,000.00 Crane, Truss labor $ Plumbing/Hot Water, sewer conn. $ 16,422.00 164,220.00 Shower, toilets, water heater, sewer line Electrical $ 19,321.00 193,210.00
Fire Sprinkler 2,694.00 26,940.00 Fire sprinkler sys
HVAC- 9,759.00 97,590,00 Electric Heat Pump, high increase due to SEER Roofing & Sheet Metal 3,340.00 33,400.00 normally donated, not figured originally Windows and Door 1,880.00 18,800.00
Exterior siding material $ 3,600.00 36,000.00 $
Exterlor siding labor 2,200.00 $
Insulation $ 1,240.00
Drywall/Acoustical $ 3,975.00
Doors & Finish Carpentry 1,650.00
Paint/Decorating/Blinds/Shades 1,250.00 $
Shower Doors, Mirrors, closets 970.00 $
Cabinetry/Countertops 4,900.00 $
Appliances 2,050.00 20,500.00 refigerator and washer/dryer (stackable) $ Concrete/Hardscape $ 8,800.00 88,000.00 Flatwork, driveways, pavers, and mowcurbs $ Finish Floor-Carpet & Vinyl $ 1;610.00 16,100.00 Bedrooms, Closets Landscaping 11,930.00 119,300.00 landscape, irrigation, D.G., Trellis, Furnishings Security - on site 4,464.47 $ 12,644.65
Fencing - Permanent 2,371.00 23,710.00 Vinyl 317'@6 $
Mobile Minl 110.00 $
storage bin and dumpsters 200.00
Equipment rental $ 150.00
temp. fencing $ 314.00
orta-pottle $ 375.00 3,750.00 2 units for 6 months
exexeres
tlltles - temporar 410.00 4,100.00 Temp Elec., Temp Water $ 6,018.80 60,188.00 60,188.00
Subtotal $ 141,375.27 1,413,752.65 72,832.65
Construction Contingency 8,905.90 89,059.00
TOTAL CONSTRUCTION 72,832.65
$ 212,823.17 2,128,231.65
SOFT & CARRYING COSTS
Project Management - staff pay
Administration - staff pay
onstruction Period Insuranc
onstruction Period Taxe
TOTAL SOFT & CARRYING COSTS
Subtotal of all above cost 212,823.17 2,128,231.65 72,832.65 Developer fee 100,000.00
TOTAL PROJECT COST 2,228,231.65 72,832.65
"CITY"
THE CITY OF RIVERSIDE, a California charter
city and municipal corporation
Dated: By:
City Manager
ATTESTED TO:
By: Cily Clerk
APPROVED AS TO FORM:
By:
Sean B. Murphy
Deputy City Attorney
CERTIFIED AS TO FUNDS AVAILABILITY:
ASSISTANT CLA FINANCIAL OFFICER List
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