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HomeMy WebLinkAboutPR 21450: RENEWAL OF THE CONSULTANT AGREEMENT WITH EDC AND LEGACY EOMMUNITY DEVELOPMENT CORPORATION, AFFORDABLE HOUSING PROGRAM Interoffice MEMORANDUM To: Mayor, City Counci� anager From: Floyd Batiste, CEO Date: June 16, 2020 Subject: P.R. No. 21450; Council Meeting of June 23, 2020 ATTACHED IS PROPOSED RESOLUTION NO. 21450 AUTHORIZING A RENEWAL OF THE CONSULTANT AGREEMENT BETWEEN THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION AND LEGACY COMMUNITY DEVELOPMENT CORPORATION TO MANAGE ITS AFFORDABLE HOUSING PROGRAM AT AN ANNUAL COST NOT TO EXCEED $35,000; (PAEDC FUNDING ACCOUNT NO. 120-1429-582.54-11 - CONSULTANT) P.R. No. 21450 06/04/2020 RESOLUTION NO. A RESOLUTION AUTHORIZING A RENEWAL OF THE CONSULTANT AGREEMENT BETWEEN THE CITY OF PORT ARTHUR SECTION 4A ECONOMIC DEVELOPMENT CORPORATION AND LEGACY COMMUNITY DEVELOPMENT CORPORATION TO MANAGE ITS AFFORDABLE HOUSING PROGRAM AT AN ANNUAL COST NOT TO EXCEED $35,000; (PAEDC FUNDING ACCOUNT NO. 120-1429-582.54-11 - CONSULTANT) WHEREAS,the citizens of the City Port Arthur approved Proposition 2 allowing the City of Port Arthur Section 4A Economic Development Corporation ("PAEDC")to allocate $300,000 per year of its sales and use tax for affordable housing in a target area of the City; and WHEREAS, pursuant to Resolution No. 16-232, the City Council of the City of Port Arthur approved PAEDC entering into a Consultant Agreement with Legacy Community Development Corporation("Legacy CDC") for management of its downtown payment assistance program for affordable housing in a target area of the City; and WHEREAS, pursuant to Resolution No. 19-161, the City Council of the City of Port Arthur approved PAEDC to renew the Consultant Agreement with Legacy CDC for an additional 1-year period; and WHEREAS, on June 1, 2020, the PAEDC Board of Directors approved an extension of the Consultant Agreement between PAEDC and Legacy CDC for the remainder of the term of the proposition for an annual cost not to exceed $35,000; and WHEREAS, PAEDC desires to retain the services of Legacy CDC as its consultant to furnish certain homeownership program services as defined in the Consultant Agreement attached hereto as Exhibit "A". NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the City Council of the City of Port Arthur authorizes PAEDC to renew its Consultant Agreement with Legacy CDC for the remainder of the term of the proposition for an annual cost not to exceed $35,000. Section 3. That a copy of the caption of this Resolution be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of A.D., 2020, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor Councilmembers • NOES: Thurman Bartie, Mayor ATTEST: Sherri Bellard, City Secretary 41753936 I'a '- APPROVED: Floyd Bat te, PA D CEO APPROVED • S TO FORM: 1 Guy N. Goodson, PAEDC Attorney APPROVED AS TO FORM: Valecia R. Tizeno, City Attorney APPROVED AS TO AVAILABILITY OF FUNDS: iNj) Kandy Dan 1, nterim Director Finance #1753936 Page 3 EXHIBIT "A" Will be presented at Or before the City Council Meeting