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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 Item #

Action Taken

07/14/2020

320.1008-1010

Approval of funding for the Temenos IV project

06/29/2021

214

Approval of Temenos IV Loan Agreement

11/15/22

164

Approval of Temenos IV Amendment #1

01/31/23

423

Approval of Temenos IV Amendment#2

 

Location:

Address (if applicable): 1703 Gray Street, Houston, TX 77003

Precinct(s): Precinct 1

 

Fiscal and Personnel Summary

Service Name

 

 

FY 23

FY 24

Next 3 FYs

Incremental Expenditures (do NOT write values in thousands or millions)

Labor Expenditures

$

$0

$0

Non-Labor Expenditures

$0

$0

Total Incremental Expenditures

$0

$0

Funding Sources (do NOT write values in thousands or millions)

Existing Budget

Grant

 $

$0

$0

Choose an item.

$

$0

$0

Total Current Budget

$

$0

$0

Additional Budget Requested

Choose an item.

$

$0

$0

Choose an item.

$

$0

$0

Total Additional Budget Requested

$

$0

$0

Total Funding Sources

$

$0

$0

Personnel (Fill out section only if requesting new PCNs)

Current Position Count for Service

-

-

-

Additional Positions Requested

-

-

-

Total Personnel

-

-

-

 

Anticipated Court Date: May 16, 2023

Anticipated Implementation Date (if different from Court date): N/A

Emergency/Disaster Recovery Note: Disaster Recovery related item

Contact(s) name, title, department: Sam Borders, Director, Multi-Family Housing Development, Harris County Community Services Department

Attachments (if applicable): Amendment #3