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<br /> <br /> <br /> <br /> <br /> DRAFT <br /> S:\citydata\Attorney\RESWORK\CURRENT\Paris Living HomebuyerAsst Grant Amend Contract Res 2010.docx <br /> RESOLUTION NO. <br /> <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, <br /> APPROVING AND AUTHORIZING THE AMENDMENT OF AN AGREEMENT <br /> BETWEEN THE CITY OF PARIS AND PARIS LIVING, A COMMUNITY <br /> DEVELOPMENT CORPORATION, TO ADMINISTER THE HOMEBUYER <br /> ASSISTANCE PROGRAM FUNDED BY THE TEXAS DEPARTMENT OF <br /> HOUSING AND COMMUNITY AFFAIRS FOR THE HOME PROGRAM, <br /> CONTRACT NO. 1001224; AUTHORIZING THE CITY MANAGER TO <br /> EXECUTE THE AFORESAID AGREEMENT AND ALL OTHER DOCUMENTS <br /> NECESSARY TO THE FORMAL APPROVAL OF SAID GRANT; MAKING <br /> OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND <br /> DECLARING AN EFFECTIVE DATE. <br /> <br /> WHEREAS, the City Council of the City of Paris did heretofore, on the 24th day of <br /> May, 2010, in Resolution No. 2010-059, authorize an application to be made to the Texas <br /> Department of Housing and Community Affairs for the 2009 Homebuyer Assistance <br /> Program Grant, HOME/American Dream Downpayment Initiative (HOME/ADDI) award; <br /> and, <br /> <br /> WHEREAS, the Texas Department of Housing and Community Affairs has issued its <br /> HOME Program Homebuyer Assistance Contract with the City of Paris in connection with a <br /> HOME Investment Partnerships Program award entitled "Texas Department of Housing <br /> and Community Affairs Home Program HOME Contract No. 1001224" for the period <br /> beginning August 3, 2010, and ending August 2, 2012, in the total amount of $312,000.00; <br /> and, <br /> <br /> WHEREAS, Paris Living, a community development corporation, entered into a <br /> consulting and administrative services agreement with the City of Paris, dated April 30, <br /> 2009, to administer the City's Homebuyer Assistance Program, Texas Department of <br /> Housing and Community Affairs HOME Contract No. 10000930 (the "Agreement"); and, <br /> <br /> WHEREAS, Paris Living and the City of Paris mutually desire to amend the <br /> Agreement to extend the term twelve (12) months and to add the Texas Department of <br /> Housing and Community Affairs HOME Contract No. 1001224 to the consulting and <br /> administrative services contract; and, <br /> <br /> WHEREAS, the City Council of the City of Paris, Texas hereby finds that it is in the <br /> best interest of the City of Paris and its citizens to enter into a First Amended Agreement <br /> with Paris Living and for Paris Living to administer the City's Homebuyer Assistance <br /> Program, Texas Department of Housing and Community Affairs HOME Contract Nos. <br /> 10000930 and 1001224, in accordance with the terms and conditions therein. <br /> <br /> <br /> <br /> <br /> <br /> - 1 192 <br />