HomeMy WebLinkAboutSANTA ANA NEIGHBORHOOD HOUSING SERVICES (4)--� i u l U u
AGREEMENT BETWEEN THE CITY.OF SANTA ANA AND
THE SANTA ANA NEIGHBORHOOD HOUSING SERVICES
FOR USE OF COMMUNITY DEVELOPMENT BLOCK GRANT
FUNDS
THIS AGREEMENT, made and entered into this 1q 4�
day of YY1 ';�Ay , 1980, by and between the City of
Santa Ana, a municipal corporation of the State of California
("CITY"), and the Santa Ana Neighborhood Housing Services, a
non-profit corporation of the State of California ("CONTRACTOR"),
W I T N E S S E T H
Recitals:
1. CITY is the recipient of Community Development
Block Grant ("CDBG") funds under Title I of the Housing and
Community Development Act of 1974 from the U. S. Department
of Housing and Urban Development ("HUD").
2. CITY is permitted to use CDBG funds for certain
housing rehabilitation activities under federal regulations.
3. CONTRACTOR is a non-profit corporation formed
under the laws of the State of California to carry out the
activities authorized -by 24 Code of Federal Regulations
("CFR") 570.204 (a)(2)(ii). �.
4. CITY desires to engage CONTRACTOR to perform
certain housing rehabilitation activities during the 19.79-80
fiscal year ending June 30, 1980, the 1980-81 fiscal year
ending June 30, 1981, and the 1981-82 fiscal year ending
June 30, 1982, subject to availability of CDBG funds.
WHEREFORE, for and in consideration of the respective
and mutual covenants and promises hereinafter contained and
made, and subject to all the terms and conditions hereof,
the parties hereto do hereby agree as follows:
I. Contractor's Obligations.
A. CONTRACTOR agrees to conduct a program in
accordance with 24 CrR p Sections. 370 et seq. , `€+r rehatbil itation
:cans with the purroaea of awarding rehabilitation loans to
property carers within the Santa Ana Neighb&rhood r'ollsinq
SrrT: icc-ss tarc;et area, said area beino rycsignatne in the man
attachne.l hcret(' as "FXhibit A," and incor.orated racrcin t,>
rz� r•r�--ncf:.
B. ror such reh;,:�t?i i itat i or. .urns srs , C nr* ^^,,L ^t+
d'7rr,Qs to establish a Revolving T,oan Fund (""f LF') [pursuant
to t),C T^rovisiors of 24 CFI' 570.51.3, and Cllt TPAC^OR agrees
to ICT(Isit therein all funds received, inciudina but not key
way of limitation, CFP% funds pursuant -to this Agreement,
designated gifts frcn they Neighborhood Peinvestment Corporation,
anr: yfif'ts Oesignated to the ' froze lending institutions,
resiOer.ts or other sourc c?s.
C. Any funds rIepc sited in the RL.P shall br.. €zrrc,
for the sole purpose stateri in Paragraph I.A. above.
D. Interest earned on any deposits In the PIT, on
rT,F 1ocr�ns or any Other income is to be arld€d to the PLF to
h; usn , to provVie additional loans.
E7. ThTILF is to be used only for the purpose of
l:ro.itiny lour interest loans to the following classes of
propfrt4 owners-,
1. Property owners Who 00 not meet underwriting
critrria rcquired by the conventional lending market, using
standa,re industry practice:, for horse improvement leans. /
2. rroperty owners who do not qualify for ✓
CITY Community r-vcicpn.Pnt Programs or other goverrmen.tal
pro,rErs. /
3. Property owners who meet the loan rolicics ✓
and procedural requirements Establishers by the snnta rna
P?Ci,Cjbbort.00dE ricusinR Services Loan Committee, attacl`Po hereto
as rxhUit "fl° and incorperat4d herein by reference.
It is turthcr agreed that at its sole discrcticn
CONTr AC IO'n ,;aiy fund' partial loans to property owners eligible
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under this paragraph for the purpose of supplementing other
loans for which such property owner is otherwise qualified.
F. CON PACTOR shall com*renca- to use the funds
depositeC in the, RLF for rehabilitation financing �ssistancv
within forty five (45) calendar days from and after such
deposit in accordance with TTTJD recu7ations.
C. COlTRhCTOF shall submit quarterly reports to
CI-Y, 4ue: on or before the first clay of July, October, January,
and? Arril of each year duringq, the tern of this Acreerecnt,
containing the following irjformation:
I. Statistical data,with respect to loans
in T>rogr€lss and completnd.
2. A detail report of RLF activity.
3. An overview of staff and volunteer activity.
q. CONTRACTOR shall Present to the CITY annually,
can or :.sefere the first day of July during each year of this
Agreemment, a copy of its financial audit, which shall be
performed by an independent certified public accountant.
I. upon termination of thin Pgreenent, CONTRACTn*.
shall continue to utilize all funds remaining in the PLF for
the purpose stated hesreinaboFe in Paragraph I.A., provih.ed,
however, that if £ONO -FACTOR for any reason discontinues
husincss during the term of this Agreement, the assets co -"pitted
by CITY for loans shall be returnee: to CITY.
IT. City's Obligations.
A. CITY agrees to,budget One Hundred Thousand
Dollars ($1 ^,000.LQ) per year for three (3) consecutive
years (fiscal years 1979-82), subject to the availability of
Community Us,Velopme'nt Block Grant fun4ing, for a public
z nprcv,rent nrograr.i within the target area as shown in Z. hi it
T" =-stnr.linhcd after citizen participation, review by COFTRaCT'Or's
poard of Lirectors, and as -approved by the City Council of
CITY.
B, CITY agrees to provider a bilingual housing
code inspector, as required, to work in anO implement a code
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_,-
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necessary for its proper protection in..the prosecution of
the work.
XI. Exclusivity and Amendment of A feement.
This Agreement supersedes ahy and all other agree-
ments either oral or in writing between the parties hereto
with respect to the employment of CONTRACTOR by CITY and
contains all the covenants and agreements between the parties
with respect to such employment in any manner whatsoever.
Each party to this Agreement acknowledges that no representations,
inducements, promises or agreements, orally or otherwise,
have been made by any party, or anyone acting on behalf of
any party, which are not embodied herein, and that no other
agreement or amendment hereto shall be effective unless
executed in writing and signed by both CITY and CONTRACTOR.
XII. Laws Governing this Agreement.
This Agreement shall be governed by and construed
in accordance with the laws of the State of California, and
all applicable federal statutes and regulations as amended.
XIII. Validity.
The invalidity in whole or in part of any provision
of this Agreement shall not void or affect the validity of
any other provision of this Agreement.
IN WITNESS WHEREOF, the parties hereto have executed
this Agreement the date and year first above written.
ATTEST: CITY OF SANTA ANA,
a municipal corporation
�LE2R p 'FETE CnU�CIL ( I MAYOR
/+ "CITY"
APPROVED --AS TO FORM: L/
..NEIGHBORHOOD HOUSING SERVICES, INC.
EDWARD J. COO EP By: _
City Attorney e
By: M
TOR"
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