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1985-058-RES WHEREAS, the Texas Department of Community Affairs is administering assistance for the purpose of
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1985-058-RES WHEREAS, the Texas Department of Community Affairs is administering assistance for the purpose of
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Last modified
8/18/2006 4:34:55 PM
Creation date
6/2/2005 12:52:45 PM
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CITY CLERK
Doc Name
1985
Doc Type
Resolution
CITY CLERK - Date
7/8/1985
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<br />~~.;~" <br /> <br />, o~. <br /> <br />, <br /> <br />"~~ <br /> <br />-' <br /> <br />1 <br /> <br />Exhibit 0 <br /> <br />SCHEOULE fOR COMMITTING RENTAL REHABILIlATION FUNDS <br /> <br />Contractor shall have rental rehabilitation funds received under this contract <br />committed to specific local projects in accordance with the timetable set out <br />below. "Commit to specific local projects" means a legally binding agreement <br />between Contractor and an Owner under which the Contractor agrees to provide <br />rental rehabilitation funds to the Owner for identifiable rehabilitation <br />project that can reasonably be expected to start construction within 90 days <br />of the agreement and the Owner agrees to start construction within that <br />period. Upon written request by Contractor, Department may, at its sole <br />option and in its sole discretion, alter and amend the schedule for con~itting <br />rental rehabilitation funds by written letter of notification. This <br />notification procedure shall be an exception to Section 16 of this contract <br />requiring all amendments to be in writing and executed by both parties thereto. <br /> <br />2nd Quarter <br />HY 1985 <br /> <br />3rd Quarter <br />TTY 1985 <br /> <br />4th Quartf~r <br />FLY 1985 <br /> <br />1st Quarter' <br />FFY 1986 <br /> <br />January-March <br /> <br />April-June <br /> <br />July-September <br /> <br />October-December <br /> <br />-0. <br /> <br />$35,000.00 <br /> <br />$70,000.00 <br /> <br />$100,000.00 <br /> <br />Page 1 :of 1 <br />
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