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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Budget <br />Agenda Date Requested:October 14,2013 <br />Source of Funds: N/A <br />Requested By: Tim Tietjens <br />Account Number: N/A <br />Department: Planning <br />Amount Budgeted:N/A <br />Report: XResolution:Ordinance:X <br />Amount Requested:N/A <br />Budgeted Item:__YESNO <br />Exhibits:1.Ordinance <br />2.First Amendment to Agreement <br />SUMMARY & RECOMMENDATION <br />The City has an agreement with Harris County Community ServicesDepartmentto construct six single- <br />family affordable homes in two phases of three homes each for the City’s Northside Neighborhood IV <br />Project. Construction of the three homes in Phase Iis nearing completion withcertificates of occupancy <br />(CO) expected in about one month. The City has an additional 90 days beyond the CO to obtain buyers <br />for the units. <br />In order to widen the pool of eligiblebuyers,City Council authorized a subsequent down payment of <br />$10,000per unit in June of 2013,and Harris County offered to match thatamount beyond the amount in <br />their current DownPayment Assistance Program. The City thenreceived a letter from Harris County <br />verifying their commitment for the additional monies, but also advisingthat they would be cancelling <br />Phase II.In responseto the City’s objection, Harris County Community Services eventually responded <br />that they would remove the cancellation language, and resend the agreement. <br />The City subsequently received the amendment via email committing the additional funding for Phase I, <br />without the cancellation language.At this time the City has abuyer under contract and remains <br />confident that the otherbuyersfor phase Iwill be obtained within the deadline established. <br />Harris Countyis requestingthe City approve the attached amendment.Harris County hasscheduledthe <br />amendment for Commissioners Court action October 22, 2013. <br />Action Required by Council: <br />Consider approval or other action authorizing afirst amendmentto the agreement with Harris County for <br />the NorthsideNeighborhoodIVProject, to allow for additional financial assistance to eligible homebuyers <br />ththth <br />for three homes located at 222 North 5, 509 North 7, and 513 North 7Street. <br />Approved for City Council Agenda <br />Corby D. Alexander, City ManagerDate <br /> <br />