docketcity.com
20-012

SUBJECT: Approval of Allocation of an Additional Portion of the 2019/20 Community Development Block Grant (CDBG) Program to Fund a Sub-Recipient Agreement with Merced Gateway Investors II, LP ($250,000) for the Primary Purpose of Assisting with the Cost of Necessary On- and Off-Site City Water and Sewer Main Repairs and ADA Sidewalk Improvements Related to the Gateway Terrace II Apartments, Approval of the Deed Restriction Covenant and Grant Agreement, and Cooperative Agreement REPORT IN BRIEF Considers approving a sub-grantee agreement with the Developer for the use of CDBG funds and an amended and restated interdepartmental cooperative agreement that authorizes the City’s Engineering Department to administer same funds and oversee the design and construction of the project. RECOMMENDATION City Council - Adopt a motion: A. Approving agreements for the project identified as “Gateway Terrace II Apartments - Change Order” (“Project”) in the 2019 Department of Housing and Urban Development (HUD) Annual Plan with Community Development Block Grant (CDBG) funds for the 2019/20 Fiscal Year (Account 018-1301-552-29.00-Proj 117050), per previous City Council recommendation, for: 1. An agreement with Merced Gateway Investors II, LP, for use of CDBG funds towards Project in the amount of $250,000; and, 2. Amended and restated interdepartmental cooperative agreement with the Engineering Department for project in the amount of $250,000 towards overseeing the design and construction of the project; and, B. Authorizing the City Manager or the Assistant City Manager to execute, and if necessary, make minor modifications to the agreements described above and attached to this report, and all associated documents; and, C. Authorizing the Finance Officer to make any necessary budget adjustments.

Consent Item Passed Introduced December 23, 2019

What this record is

Held by
Merced Gateway Investors II, LP
Amount
$250K
Runs until
no end date published in this record
Type
amendment
Field
Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council/Public Finance and Economic Development Authority/Parking Authority
Requested by
Development Services Department
Introduced
December 23, 2019
On agenda
January 21, 2020
Passed
January 21, 2020