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File #: 22-4504    Version: 1 Name:
Type: Contract - Amendment Status: Passed
File created: 7/21/2022 In control: Commissioners Court
On agenda: 8/2/2022 Final action: 8/2/2022
Title: Request for approval of a second contract amendment to the loan agreement with HCHA Redevelopment Authority, Inc., to extend the 18-month construction completion period, increase and decrease specific budget line items for an increase of $186,219 in CDBG-DR FY17 funds for the Arbor at Wayforest project.
Attachments: 1. Arbor at Wayforest - Amend 2t - CAO Signed
Department: Community Services
Department Head/Elected Official: Adrienne M. Holloway, Ph.D., Executive Director

Regular or Supplemental RCA: Regular RCA
Type of Request: Contract - Amendment

Project ID (if applicable): D2017-057
Vendor/Entity Legal Name (if applicable): HCHA Redevelopment Authority, Inc.

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - project was awarded prior to launch of County's M/WBE Program

Request Summary (Agenda Caption):
title
Request for approval of a second contract amendment to the loan agreement with HCHA Redevelopment Authority, Inc., to extend the 18-month construction completion period, increase and decrease specific budget line items for an increase of $186,219 in CDBG-DR FY17 funds for the Arbor at Wayforest project.
end

Background and Discussion:
On May 19, 2020, Commissioners Court approved an agreement between the Harris County and HCHA Redevelopment Authority, Inc. for the Arbor at Wayforest Project. Attached for Commissioners Court review and approval is the second Amendment to the agreement between Harris County and HCHA Redevelopment Authority, Inc., for the above-described project. The Parties desire to amend said agreement to extend the 18-month construction completion requirement for approximately two additional months to September 28, 2022; increase the Harris County CSD Management and Oversight and HCED Inspections line-item to $447,318; and decrease the Construction Management Fee by $31,600. These changes result in an increase to the total CDBG-DR FY17 funds utilized for this project by $186,219 to $9,400,000. The total amount of funding for this project is now $33,105,704.

Expected Impact:
The expected impact is to allow the project additional time to finish constructing the multifamily units, to utilize fund for budget overages, and to decrease the unexpended Construction Management Fee to allow the County...

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