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STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD" - (SANTA ANA ARTS COLLECTIVE, L.P. & META HOUSING PROJECT) (2)
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STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD" - (SANTA ANA ARTS COLLECTIVE, L.P. & META HOUSING PROJECT) (2)
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Last modified
9/20/2017 3:40:43 PM
Creation date
9/19/2017 12:11:38 PM
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Contracts
Company Name
STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT "HCD"
Contract #
A-2017-179
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
7/5/2017
Expiration Date
7/5/2020
Destruction Year
0
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INSURANCE ff[ON FILE � <br />WORK IMAM144��P��i=33i'0CEED A-2017.1'79 <br />G"E � ��gRFR"BLE USING AND SUSTAINABLE COMMUNITIES PROGRAM <br />DATE: DISBURSEMENT AGREEMENT <br />I LDAW AUG 292017 <br />�� a This DISBURSEMENT AGREEMENT (the "Agreement") is dated for reference purposes <br />only as of July 28 , 2017, and is made by and among Meta Housing <br />Corporation , a California corporation ("Meta"), the City of Santa Ana . a California <br />municipal corporation (the "City" and collectively with Meta the "Recipient'), and the <br />Department of Housing and Community Development, a public agency of the State of <br />California (the "Department"). L° <br />Recitals ry <br />r <br />A. Recipient has submitted an application (the "Application") to the Department fb� a <br />grant under the Affordable Housing and Sustainable Communities Prog�m <br />("Program") and in accordance with Part 1 of Division 44 of the Public Resources a <br />Code (commencing with Section 75200) and the Affordable Housing And f <br />Sustainable Communities Program Guidelines, issued by the State of Califorma, w. <br />Strategic Growth Council (the "Council") and dated December 17, 2015, (the <br />"Guidelines), to finance, in part, one or more of the following eligible activities <br />- Housing -Related Infrastructure (HRP <br />- Program Costs (PC) <br />- Sustainable Transportation Infrastructure (STI) <br />- Transportation Related Amenities (TRA) <br />as further described herein pursuant to the Standard Agreement Number <br />16-AHSC-11200, entered into by the Recipient and the Department date <br />jq!y 28 , 2017 (the "Standard Agreement"). The Department has conditionally <br />agreed to provide the grant to the Recipient in an aggregate total amount not to <br />exceed One Million Three Hundred Ten Thousand Five _Hundred And 00/100 <br />Dollars ($1,310,500.00) (the "Program Funds"), The Program Funds consist of <br />One Million Two Hundred Eiahty-Eight Thousand ($1,288,000) for Sustainable <br />Transportation Infrastructure (STI), and Twenty -Two Thousand Five Hundred <br />22 500far Program (PGM) costs. The Standard Agreement and all <br />amendments, exhibits and attachments thereto, the Application, this Agreement <br />and all amendments, exhibits and attachments thereto (the "Grant Documents"), <br />are incorporated in full by reference to this Agreement. <br />The parties hereto wish to enter into an agreement for the disbursement of <br />Program Funds to ensure timely completion of the Work as set forth in the <br />Standard Agreement (the "Work") in accordance with the requirements of the Grant <br />Documents, the Guidelines, the Council, the Department and the State of <br />California. <br />NOW, THEREFORE, the parties hereto agree as follows: <br />Recitals. The foregoing recitals are a part of this Agreement. <br />16-AHSC-11200 <br />NOFA 02/29/16 Page 1 of 36 <br />Rev 03/16/17 <br />Project: Santa Ana Ariz. CoVective <br />Prep Date: 08/03117 <br />
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