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HomeMy WebLinkAboutR-2008-068 Rose of Mary Terrace ProjectA RESOLUTION RESOLUTION NO. R-2008-68 approving an $18,108.10 grant from the City's Community Development Block Grant program to the Catholic Charities Housing Services Rose of Mary Terrace senior housing project. WHEREAS, the City of Yakima is a recipient of federal Community Development Block Grant funds which may be used, among other things to assist housing benefiting low and moderate income families; and WHEREAS, the City Council awarded $400,000 to assist Catholic Charities Housing Services (CCHS) develop Rose of Mary Terrace Senior Apartments; and WHEREAS, the primary source of funding, for the $5 Million project are a Section 202 Senior Housing grant from HUD, and the Washington State Housing Trust Fund. Construction began in late 2007, and is nearing completion; and WHEREAS, in March 2008, CCHS staff requested additional CDBG funds due to several required project modifications that have led to cost overruns of $94,120.00 CED staff requested that CCHS identify which costs were due to infrastructure modifications required to build the project to a public standard versus a private development (the original plan); and WHEREAS, the balance of the cost overrun will be paid by state sources; and WHEREAS, the total amount of those modifications, and CCHS' request for city funds, are $18,108.10, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: A grant of $18,108.10 in CDBG funds to the Catholic Charities Housing Services Rose of Mary Terrace senior housing project for the purpose of paying for said infrastructure modifications, is hereby authorized and approved. The City Manager is hereby authorized and directed to execute all necessary grant documents. Including a grant agreement, between the City of Yakima and the Catholic Charities Housing Services Rose of Mary Terrace. ADOPTED BY THE CITY COUNCIL this 15th day of • , 2008 Davi." dler, Mayor ATTEST: City Clerk • • BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. For Meeting of April 15, 2008 ITEM TITLE: Resolution approving a $18,108.10 grant from the City's Community Development Block Grant program to the Catholic Charities Housing Services Rose of Mary Terrac senior housing project. SUBMITTED B Cook, Director of Community and Economic Development (509) 575-6113 CONTACT PERSON/TELEPHONE:.Archie M. Matthews, Operations Supervisor of Neighborhood Development Services, (509) 575-6101 SUMMARY EXPLANATION: The City Council awarded $400,000 to assist Catholic Charities Housing Services (CCHS) develop Rose of Mary Terrace Senior Apartments. The primary source of funding, for the $5 Million project are a Section 202 Senior Housing grant from HUD, and the Washington State Housing Trust Fund. Construction began in late 2007, and is nearing completion. In March 2008, CCHS staff requested additional CDBG funds due to several required project modifications that have led to cost overruns of $94,120.00 CED staff requested that CCHS identify which costs were due to infrastructure modifications required to build the project to a public standard versus a private development (the original plan). The balance of the cost overrun will be paid by state sources. The total amount of those modifications, and CCHS' request for city funds, are $18,108.10, and consist of the following: • Upgrade private road lighting: $3,340.37 • Install additional sidewalk: $7,637.10 • Increase width of roadway: $6,580.00 • Separate meter pedestal for street lights: $ 550.63 This is an approved use of CDBG Economic Development funds This proposal was discussed at the meeting of the City Council's Neighborhood Development Committee on April 9, 2008; the committee recommended that this proposal be forwarded to the full Council for approval. Resolution Ordinance Contract Other (Specify) Funding Source 2008 CDBG funds APPROVED FOR SUBMITTAL: \\� City Manager STAFF RECOMMENDATION: Approve Resolution. BOARD/COMMISSION/COMMITTEE RECOMMENDATION: Recommended for full Council consideration by the Council's Neighborhood Development Committee. COUNCIL ACTION: FUNDING AWARD AMENDMENT THIS FUNDING AWARD AMENDMENT (hereafter "Amendment") is entered into on this 16th day of April 2008, by and among the Rose of Mary Terrace, a Washington non-profit corporation and assignee of all contract rights, obligations and responsibilities previously held by the Diocese of Yakima Housing Services, a Washington nonprofit corporation (hereafter "Contractor") and the City of Yakima, a Washington Municipal Corporation (hereafter "City"). Contractor and City are parties to that certain Funding Contract dated April 4, 2006 (hereafter "Contract"), whereby City agreed to grant to Contractor Four Hundred Thousand Dollars ($400,000.00) for the purpose of acquiring property and constructing improvements for the Rose of Mary Terrace, a 40 -unit low-income senior housing facility (hereafter "the Project"). City and Contractor desire to amend certain terms of the Contract to provide additional City financing for the Project. NOW, THEREFORE, for good and valuable consideration given, the receipt and sufficiency of which are hereby acknowledged, the parties agree that the Contract shall be amended to include an additional amount not to exceed Eighteen Thousand One Hundred Eight Dollars and Ten Cents ($18,108.10), payable from available CDBG funds, said amount to be applied as follows: • Upgrade private road lighting: $3,340.37 • Install additional sidewalk: $7,637.10 • Increase width of roadway: $6,580.00 • Separate meter pedestal for street lights: $ 550.63 All other terms and conditions of the Contract not specifically amended herein shall remain in full force and effect. [SIGNATURES APPEAR ON THE FOLLOWING PAGE] IN WITNESS WHEREOF, the undersigned have caused this Amendment to be duly executed and delivered by their duly authorized representatives on the day and year first above written. CITY: City of Yakima, A Washington municipal corporation y: `S Print Name: R.A. Zais, Jr. Title:_City Manager Date: 7 2p�0F1 By its signature below, the anticipated assignee of the Contract, Rose of Mary Terrace hereby consents to the Amendment of the Funding Contract executed by the City of Yakima and the Diocese of Yakima Housing Services on the 16th day of April, 2008. Rose of Mary Terrace, A Washington nonprofit corporation Title: fres idea i' -