To: Harris County Commissioners Court
Through: Adrienne M. Holloway, Ph.D., Executive Director, Community Services
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Prepared By: Rene Martinez, Assistant Director, Community Services Department
Subject: First Amendment to Agreement for the Seaside Lodge at Chesapeake Bay Apartments Project
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Project ID (If applicable]:
Purpose and Request:
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Request for approval of a first amendment to the agreement between Harris County and Urban Partnerships Community Development Corporation and Seaside Lodge, LP, for the Seaside Lodge at Chesapeake Bay Apartments Project in Precinct 2.
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Background and Discussion:
On April 28, 2020, Commissioners Court approved an Agreement between the Harris County and Urban Partnerships Community Development Corporation, a Texas nonprofit corporation, herein called "Nonprofit," and Seaside Lodge, LP, a Texas limited partnership, herein called "Maker" for the Seaside Lodge at Chesapeake Bay Apartments.
Seaside Lodge at Chesapeake Bay Apartments is a new 92-unit affordable housing development for income eligible seniors (55+), of which 47-units will be CDBG-DR-assisted units. The project is located at 2802 Larrabee St, Seabrook, TX 77586, in Precinct 2. The Parties desire to amend said Agreement to amend the Budget to replace $5,099,487.40 in Community Development Block Grant Disaster Recovery Harvey funds (CDBG-DR 2017) with the same amount of 2016 CDBG-DR Funds, in connection with Amendment No. 1 to the Texas General Land Office (GLO) Contract No. 18-545-000-B292 approved by the GLO on January 12, 2021; and to revise certain other budget line items including re-allocating $761,899 from the "Other Construction" line item and $365,834 from the "Site" line item to the "Direct Construction" line item. The CDBG-DR budget total of $13,571,654 is unchanged, and the total amount of funding for this project will remain at $21,306,445.00.
Fiscal Impact:
The Seaside Lodge at Chesapeake Bay Apartments projec...
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