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1999-131-HOMEBUYER ASSISTANCE FUND GRANT, CONTRACT #537025, AMENDMENT #1
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1999-131-HOMEBUYER ASSISTANCE FUND GRANT, CONTRACT #537025, AMENDMENT #1
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8/18/2006 4:30:21 PM
Creation date
1/22/2001 3:43:02 PM
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CITY CLERK
Doc Name
1999
Doc Type
Resolution
CITY CLERK - Date
11/4/1999
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<br />TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS <br /> <br />HOME PROGRAM CONTRACT #537025 <br />FIRST AMENDMENT <br /> <br />Section 1 <br /> <br />The TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, a public and official <br />agency of the State of Texas ("Department") and the CITY OF PARIS ("Administrator"), do hereby <br />contract and agree to amend the original contract by and between the parties, effective September I, <br />1997 and identified on Department's records as HOME Contract #537025 ("Contract"), <br /> <br />Section 2 <br /> <br />The parties hereto agree that under the terms of Section 2 of the Contract, Contractor is authorized to <br />administer one or more eligible HOME activities in accordance with the HOME Investment Partnerships <br />Act of 1990, 42 U.S.C. 12701 et sen. and implementing regulations under 24 CFR Part 92. The terms of <br />24 CFR 92.205(b)(2) identify as an eligible activity the investment of HOME funds to guarantee loans <br />made by lenders. <br /> <br />Section 3 <br /> <br />Under the authority described in Section 15, the parties hereby agree to amend the Contract: <br /> <br />ARTICILE I-Contract Period; revising the Contract Period to read as follows: <br /> <br />This Contract shall be effective and commence on SEPTEMBER 1, 1997, and shall terminate <br />on OCTOBER 31,1999, unless otherwise specifically provided herein ("Contract period"), <br /> <br />Section 4 <br /> <br />Except as amended hereby, the parties agree that all other terms of the Contract shall remain in effect as <br />therein set forth and shall continue to govern except to the extent that said terms conflict with the terms <br />of this amendment. <br /> <br />Section 5 <br /> <br />This amendment shall be effective on the last date of execution of this amendment by both parties, <br /> <br />Section 6 <br /> <br />By signing this amendment the parties expressly understand and agree that its terms shall become a part <br />of the Contract as if they were set forth word for word therein, <br /> <br />EXHIBIT A <br />
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