AMENDMENT NO. 1
Amend Agreement No. 33903 between the City of Portland and City of Gresham to implement the City of Gresham's HOME Investment Partnership Program by increasing the amount of HOME funds available by $809,619 for a total available amount of $1,576,266. Of this amount, $71,587 shall be available to meet administrative costs and $1,504,679 shall be available to meet project-related expenses. An Amended Budget is attached hereto as Attachment A. The purpose of this Amendment is to carry-over unspent FY 2000-01 HOME Funds allocated to the City of Gresham and to provide for payment of expenses incurred by The City of Gresham during FY 2000-01, where claims for such expenses were not processed against the FY 2000-01 IGA and to provide for additional dollars for FY 2001-02 expenditures.
All other terms and conditions of Agreement No. 33903 between the City of Portland and City of Gresham shall remain the same.
Dated this _______day of __________________________________, 2002.
CITY OF PORTLAND CITY OF GRESHAM
________________________________ _________________________________
Erik Sten Max Talbot
Commissioner of Public Works Community and Economic Development Dir.
APPROVED AS TO FORM:
______________________________ ___________________________
Jeffrey L. Rogers Rick Faus
City Attorney Assistant City Attorney
ATTACHMENT A
City of Gresham FY 01-02 HOME IGA
AMENDED BUDGET
Total Gresham HOME Resources | |
2001-02 HOME Allocation | $ 664,693 |
2000-01 Multnomah County Allocation to Gresham | 75,000 |
2001-02 Multnomah County Allocation to Gresham | 115,000 |
2000-01 HOME Carry-Over | 779,619 |
2000-01 HOME Carry-Over from Multnomah County | 30,000 |
Total Gresham Resources | $1,664,312 |
HOME Funds to be Administered by Gresham – In IGA Funding |
On Your Own – Main Stream Housing* Chestnut Lane – Deaf Northwest, Inc.** Buyer Initiated SAM’s – Gresham/PHC | $265,000 300,000 305,000 |
Gresham Admin Development Fund FY 2000-01 Admin Expenses FY 2000-01 Project Expenses | 40,409 128,804 31,178 505,875
|
Total of Contract | $1,576,266 |
HOME Funds to be Administered by Portland – Not in IGA Funding |
CHDO Operating Support – HIS | $28,900 |
TBRA - HAP RASP Program Funds** | 33,086 |
Portland HOME Consortium Admin | 26,060 |
Subtotal – Portland | $88,046 |
| |
TOTAL | $1,664,312 |
*Funded by: $75,000 – FY 2000-01 Multnomah County Funds
$15,000 – FY 2001-02 Multnomah County Funds
$25,000 – FY 2001-02 Gresham Funds
$115,000
**Funded by $130,000 of Multnomah County 2001-02 Funds and $170,000 Gresham 2001-02
***Note that a CDBG grant of $8,392 to support the administration of this project will be provided by separate contract.