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Second Amendment to Cooperation Agreement (County of San Mateo HOME Consortium) Final 1-21-25 clean

San Mateo City Council
March 3, 2025

Document
Second Amendment to Cooperation Agreement (County of San Mateo HOME Consortium) Final 1-21-25 clean
Meeting
March 3, 2025
Body
San Mateo City Council
Original file
327 KB
Text extracted from the city's file for reading and search. Open the original on sanmateo.primegov.com. That file is the official record.

SECOND AMENDMENT TO COOPERATION AGREEMENT OF

THE SAN MATEO COUNTY HOME CONSORTIUM

UNDER THE CRANSTON-GONZALEZ NATIONAL AFFORDABLE HOUSING ACT This SECOND AMENDMENT TO COOPERATION AGREEMENT ("Second Amendment") is made as of the Second Amendment Effective Date (defined herein), by and among the County of San Mateo, a political subdivision of the State of California (hereinafter "County"), the City of South San Francisco, the City of San Mateo and the City of Redwood City (collectively ereinafter "Cities"), and the U.S. Department of Housing and Urban Development (hereinafter "HUD"), and amends the Cooperation Agreement Between the County of Sar Mateo, the City of South San Francisco and the City of San Mateo, under the Cranston- Gonzalez National Affordable Housing Act, dated June 21, 2005, as amended by the First Amendment, dated July 21, 2015 (the "Agreement").

The purpose of this Second Amendment is to add the City of Redwood City as a member of the San Mateo County HOME Consortium and to make other amendments as set forth herein.

Accordingly, the parties agree as follows:

1. The City of Redwood City is hereby added as a party to the Agreement with equal status to the other Cities that are Consortium members to this Agreement, provided that the County is authorized under Section 5 of the Agreement to amend the Agreement on behalf of the entire Consortium to add new members.

2. Section 2a. of the Agreement is hereby amended and restated in its entirety as follows:

The term of this Agreement shall be for the Federal fiscal years 2026, 2027, and 2028, unless HUD earlier revokes the Consortium's designation as a participating jurisdiction.

This Agreement shall remain in effect until the HOME funds from each of the Federal fiscal years are closed out pursuant to Federal regulation 24 CFR 92.507.

3. A new Section 2(c) is added to the Agreement, as follows:

Program Year. In accordance with 24 CFR § 91.402(a), all Consortium members shall be on the same program year for purposes of CBDG, HOME ESG and HOPWA, which program year shall begin on July 1, 2024 and will now end on June 30, 2026 for the County, the City of South San Francisco and the City of San Mateo, and will begin on July 1, 2026 and end on June 30, 2029 for all Consortium members of the San Mateo County HOME Consortium.

4. Section 7c. of the Agreement is hereby amended and restated in its entirety to read as follows:

As Consortium representative, County agrees to allocate six and three tenths of one percent (.063%) of the Consortium's total annual allocation plus ten dollars and zero cents ($10.00) for each HOME-assisted unit that the Consortium member will continue to manage and monitor to each Consortium member for general administration activities.

5. This Second Amendment shall be effective as of the date fully executed by the Consortium members.

6. The remaining terms and conditions of the Agreement shall continue in full force and effect.

COUNTY OF SAN MATEO
President, Board of Supervisors
ATTEST:

Clerk of Said Board
2025

CITY OF SOUTH SAN FRANCISCO
_ City Manager
Date:_
Approved as to Form
City Attorney

CITY OF SAN MATEO
_ City Manager
Date:_
Approved as to Form
City Attorney

CITY OF REDWOOD CITY
Melissa Stevenson, City Manager
Date:_
Approved as to Form
Veronica Ramirez, City Attorney
Attest:

Yessika Castro, City Clerk

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