HomeMy WebLinkAboutLANEY WALKER DEVELOPMENT CORPORATION_ 2016 HOME AGREEMENT_ 1ST AMENDMENT_ 1017 AND 1019 SUMMER STREET FIRST AMENDMENT
TO
AGREEMENT BETWEEN
AUGUSTA, GEORGIA
LANEY WALKER DEVELOPMENT CORPORATION
FOR
2016 HOME INVESTMENT PARTNERSHIPS PROGRAM
This First Amendment to the agreement executed by and between the Parties on January
5, 2017, is made and entered into on the day of March, 2017, by and between AUGUSTA,
GEORGIA, (hereafter referred to as "Augusta"), and LANEY WALKER DEVELOPMENT
CORPORATION. (herein after referred to as the "LWDC").
WHEREAS, AUGUSTA desires to amend the original agreement to allow Laney Walker
Development Corporation to effectively administer its HOME eligible affordable housing
development activities;
WHEREAS, Laney Walker Development Corporation has determined that this
Amendment is in its best interest and has agreed to the said Amendment;
NOW THEREFORE, in exchange for their mutual good and valuable consideration, the
receipt and sufficiency of which each PARTY acknowledges, and intending to be legally bound,
AUGUSTA and LWDC agree to amend said agreement as follows:
(1)
Article I Section A (a). Project Description. Project addresses shall be amended to delete
1025 Summer Street and add 1017 Summer Street as project specific.
B. Use of Funds
HOME Program funds shall be used by LWDC for the purposes and objectives stated in
Article I, Scope of Services, and Exhibit"A" of the original Agreement. There will be no
additional HOME funding for this project. The budget remains as stated in the original
agreement. Only change is to the Summer Street addresses: change from 1025Summer Street to
1017 Summer Street.
Except for the modifications made by this Amendment, the terms and conditions of the
Agreement, as previously amended, shall remain in full force and effect.
Augusta Housing and Community Development
HOME Investment Partnership Program Agreement Amendment
Laney Walker Development Corporation—1017 Summer Street
This Amendment is executed in two (2) counterparts—each of which shall be deemed an original
and together shall constitute one and the same Amendment with one counterpart being delivered
to each party hereto.
IN WITNESS WHEREOF,the parties have set their hands and seals as of the date first written
above:
ATTEST: AUGUSTA, GEORGIA
(Augusta)
SEAL -
By:
14. Hardie Davis, Jr. Date
3
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� toa As Its Mayor
Le a47q?1 • s 0� Date 3 r//7
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Cllo`a " `Br4
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s '•` ; % J. ice A. Jackso Date
:;•%. �� ,1,� inistrator
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,•� thorne �: ;r Jr.
Director, AHCD
LANEY WALKER DEVELOPMENT CORPORATION
(Grantee)
SEAL:
By: 6,1
Its: Executive Director
(Plain witness) Date Date
2
FIRST AMENDMENT
TO
AGREEMENT BETWEEN
AUGUSTA, GEORGIA
LANEY WALKER DEVELOPMENT CORPORATION
FOR
2016 HOME INVESTMENT PARTNERSHIPS PROGRAM
This First Amendment to the agreement executed by and between the Parties on January
5, 2017, is made and entered into on the day of March, 2017, by and between AUGUSTA,
GEORGIA, (hereafter referred to as "Augusta"), and LANEY WALKER DEVELOPMENT
CORPORATION. (herein after referred to as the "LWDC").
WHEREAS, AUGUSTA desires to amend the original agreement to allow Laney Walker
Development Corporation to effectively administer its HOME eligible affordable housing
development activities;
WHEREAS, Laney Walker Development Corporation has determined that this
Amendment is in its best interest and has agreed to the said Amendment;
NOW THEREFORE, in exchange for their mutual good and valuable consideration, the
receipt and sufficiency of which each PARTY acknowledges, and intending to be legally bound,
AUGUSTA and LWDC agree to amend said agreement as follows:
(1)
Article I Section A (a) . Project Description. Project addresses shall be amended to
delete 1029 Summer Street and add 1019 Summer Street as project specific.
B. Use of Funds
HOME Program funds shall be used by LWDC for the purposes and objectives stated in
Article I, Scope of Services, and Exhibit"A" of the original Agreement. There will be no
additional HOME funding for this project. The budget remains as stated in the original
agreement. Only change is to the Summer Street addresses: change from 1029 Summer Street to
1019 Summer Street.
Except for the modifications made by this Amendment, the terms and conditions of the
Agreement, as previously amended, shall remain in full force and effect.
Augusta Housing and Community Development
HOME Investment Partnership Program Agreement Amendment
Laney Walker Development Corporation—1019 Summer Street
This Amendment is executed in two (2) counterparts—each of which shall be deemed an original
and together shall constitute one and the same Amendment with one counterpart being delivered
to each party hereto.
IN WITNESS WHEREOF,the parties have set their hands and seals as of the date first written
above:
ATTEST: AUGUSTA, GEORGIA
(Augusta)
EAL -,
r "` ,� /14(11111
By:_77("%44`2"-
Bin Hardie Davis J . Date
lei
�tiii0 1, As Its Mayor
Kir z ', Is.J.,)..i.eal. *,,,,,, 2 / L(1.1)
3 ' Pate!
"Clerk-003- ,, l cAuL `
®`�'en ®®* u js , ft f J nice A. Jac'kso Date
- 0' �0-...p...�' f § dministrator
L.
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v. ..a.,.. .�... ' nasi-J_.'�
Hhome Jr. at
Dir- tor, AHCD k
ATTEST: LANEY WALKER DEVELOPMENT CORPORATION
(Grantee)
SEAL:
By: efkyccatie,....)
Its: Executive D' ector
o2/f?/A//7
(Plain witness) Date Date
2