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File #: 23-2726    Version: 1 Name:
Type: Contract - Amendment Status: Passed
File created: 5/4/2023 In control: Commissioners Court
On agenda: 5/16/2023 Final action: 5/16/2023
Title: Request for approval of an amendment to an agreement with NHPF Temenos Conduit LLC and Temenos Permanent Affordable LLC to extend the construction completion requirement to November 30, 2023 for the Temenos IV project.
Attachments: 1. 23GEN0922_Temenos_Third Amendment_Executed
Department: Community Services
Department Head/Elected Official: Thao Costis, Interim Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Contract - Amendment

Project ID (if applicable): D2017-087
Vendor/Entity Legal Name (if applicable): NHPF Temenos Conduit LLC; Temenos Permanent Affordable LLC

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 an amendment to an agreement with NHPF Temenos Conduit LLC and Temenos Permanent Affordable LLC to extend the construction completion requirement to November 30, 2023 for the Temenos IV project.
end

Background and Discussion:
On June 29, 2021, Commissioners Court approved an agreement between Harris County, NHPF Temenos Conduit LLC, and Temenos Permanent Affordable LLC for the Temenos IV project. On November 15, 2022, Commissioner's Court approved the first amendment. The second amendment was approved on January 31, 2023. Attached for Commissioner's Court review and approval is the third amendment to the agreement. The parties desire to amend said agreement to extend the 18-month construction completion requirement for an additional five (5) months to November 30, 2023, due to unanticipated weather delays and unexpected infrastructure delays.

Expected Impact:
The expected impact is to allow Temenos IV project additional time and funding to finish constructing the multifamily units. No fiscal impact to the County is anticipated.

Alternative Options:
The alternative option is that the project will not complete construction within the contracted timeframe.

Alignment with Goal(s):
_ Justice and Safety
_ Economic Opportunity
x_ Housing
_ Public Health
_ Transportation
_ Flooding
_ Environment
_ Governance and Customer Service

Prior Court Action (if any):
Date
Agenda...

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