Department: Housing and Community Development
Department Head/Elected Official: Thao Costis, Executive Director
Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Amendment
Project ID (if applicable): D2017-063
Vendor/Entity Legal Name (if applicable): Main Street Housing, LP, and Improved Living Foundation, Inc.
MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Request Summary (Agenda Caption):
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Request for approval of a sixth contract amendment to an agreement with Main Street Housing, LP, and Improved Living Foundation, Inc., to revise the CDBG-DR & Leveraging budget and extend the construction completion date to December 31, 2023 for the Light Rail Lofts project.
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Background and Discussion:
On May 25, 2021, Commissioners Court approved the first amendment to said Agreement. On January 25, 2022, Commissioners Court approved the second amendment to said Agreement. On July 19, 2022, Commissioners Court approved the third amendment to amend said Agreement. On August 23, 2022, Commissioners Court approved the fourth amendment to said Agreement. On April 25, 2023, Commissioners Court approved a Fifth Amendment.
This sixth amendment now desires to amend said Agreement to the CDBG-DR funds "Agreement to the CDBG-DR funds "Exhibit D, Budget" to extend the 18-month project completion requirement to December 31, 2023, due to ongoing efforts to obtain all required documents required for project close-out. This amendment also desires to amend the budget to reallocate budget line-items as shown in Exhibit D for the purpose of being able to fund the remaining items needed to close the project out and reduce the CSD Management & HCED Inspection Line-Item, and subsequently the overall budget, due to this item coming in under budget. The Harris County CDBG-DR Loan Amount will now be $9,459,380.92.
Expected Impact:...
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