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C R of La Porte <br />., .. :I 1> <br />Established 1892 <br />� TEXAS <br />May 14, 2002 <br />Mr. Xavier Lemond <br />Chief Operating Officer <br />Harris County Community Development Department <br />8410 Lantern Point Drive <br />Houston, Texas 77054 <br />Re: 2002 Request for Proposal (RFP) Process <br />Project Name: Downpayment and Closing Cost Assistance <br />Dear Mr. Lemond: <br />The City is pleased to accept the $350,000 conditional award to be used as <br />downpayment and closing cost assistance. We also acknowledge that our match <br />amount of $87,500 is conditional upon both parties reaching written agreement <br />as to how the funds can best be spent in meeting Harris County Development <br />guidelines to compliment the City's goal of providing affordable housing. <br />Once a final agreement is reached, I will place this item on a City Council <br />agenda, as City Council is the only body that can approve this award. <br />We are anxious to move forward together. <br />Please do not hesitate to contact me if you require any additional information. <br />Sincerely, <br />O T. 4-v�. <br />Robert T. Herrera <br />City Manager <br />RTHlcns <br />c: Mayor and City Council <br />John Joerns, Assistant City Manager <br />