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1999-090-TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS HOME PROGRAM HOME BUYER ASSISTANCE CONTRACT 539076
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1999-090-TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS HOME PROGRAM HOME BUYER ASSISTANCE CONTRACT 539076
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8/18/2006 4:30:12 PM
Creation date
1/23/2001 10:22:05 PM
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CITY CLERK
Doc Name
1999
Doc Type
Resolution
CITY CLERK - Date
7/12/1999
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<br />ARTICLE 15 <br />Changes And Amendments <br /> <br />15. I. Except as specifically provided otherwise in this Contract, any changes, additions, or deletions to the <br />terms of this Contract shall be in writing and executed by both Parties to this Contract. An executed facsimile <br />copy will be sufficient to evidence the Parties agreement to any amendment, revision or change to this Contract. <br /> <br />15.2 It is understood and agreed by the Parties hereto that performance of all activities under this Contract <br />must be rendered in accordance with the Act, the regulations promulgated under the Act, the assurances and <br />certifications made to Department by Administrator, and the assurances and certifications made to the United <br />States Department of Housing and Urban Development by the State of Texas with regard to the operation of the <br />HOME Program. Based on these considerations, and in order to ensure the legal and effective performance of <br />this Contract by both Parties, the Parties herein agree that the activitics under this Contract are amended by the <br />provisions of the I-IOME Program Guidclines and Application ("Manual") and any amendments thereto, and may <br />be further amended in the following manncr; <br /> <br />A. Department may, from time to time during the Contract Period, issue policy directives which <br />serve to establish, interpret, or clarify the performance requirements under this Contract. Such <br />policy directives shall: <br /> <br />J, be promulgated by the Manager of the I-laME program in the form of HOME issuances; <br /> <br />2. have the effect of qualifying the terms of this Contract; and <br /> <br />3. be binding upon Administrator as if written herein. <br /> <br />B. Provided, however, that said policy directives and any amendments to said Manual shall not alter <br />the terms of this Contract so as to release Department of any obligation specified in Article 3 of <br />this Contract to reimburse costs incurred by Administrator prior to the effective date of said <br />amendment or policy directive. <br /> <br />J 5.3 Any changes, additions, or deletions to the terms of this Contract which are required by changes in <br />federal or state law, or regulations, are automatically incorporated into this Contract without the requirement of a <br />written amendment hereto, and shall become effective on the date designated by such law or regulation. <br /> <br />ARTICLE 16 <br />Suspension <br /> <br />In the event Administrator fails to comply with any term of this Contract, Department may, upon written <br />notification to Administrator, suspend this Contrnct in whole or in part, withhold further payments to <br />Administrator, and prohibit Administrator from incurring additional obligations for funds under this Contract. <br />Administrator acknowledges that it does not have a right to suspension as a pre-requisite to termination. <br /> <br />ARTICLE 17 <br />Termination <br /> <br />The Department may terminate this Contract in whole or in part, in accordance with 24 C.F.R. part 85 and this <br />Article J 7. In the event Administrator fails to materially comply, in Department's sole discretion and judgment, <br />with any term of this Contract, or any term stated in a federal statute or regulation, or with any assurance given to <br />Department by Administrator, or with any term in a state plan, or with Administrator's application, the notice of <br />award, Administrator's Performance Timetable or elsewhere, Department may take any of the following actions: <br /> <br /><.-: ' <br /> <br />539076 <br />Page 7 of 17 <br />
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