06/12/2018 - Laserfiche WebLink

Home Browse Search

FIRST AMENDMENT TO INTERLOCAL AGREEMENT CONCERNING HUD HOME INVESTMENT PARTNERSHIP ACT PROGRAM CONSORTIUM THIS FIRST AMENDMENT is made and entered into by and between Indian River, Martin and St. Lucie Counties, political subdivisions of the State of Florida, hereinafter referred to collectively as the "Counties", the City of Port St. Lucie, a Florida municipal corporation, hereinafter referred to as "Port St. Lucie", the Village of Indiantown, a Florida municipal corporation, hereinafter referred to as "Indiantown", and the City of Fellsmere, a Florida municipal corporation, hereinafter referred to as "Fellsmere". WHEREAS, the National Affordable Housing Act of 1990 has authorized the HOME Program to provide financial assistance through the U.S. Department of Housing and Urban Development, hereinafter referred to as "HUD", to local governments for the production of affordable housing; and WHEREAS, in 2007 the Counties entered into an Interlocal Agreement to create a consortium under the HOME Investment Partnerships Act for the purpose of becoming a participating jurisdiction In the HOME Program in order to increase the availability of affordable housing for their respective residents, hereinafter referred tows the "Interlocal Agreement"; and WHEREAS, Port St. Lucie, Indiantown, and Fellsmere desire to be added to the HOME Consortium in order to increase the availability of affordable housing for their respective residents; and, WHEREAS, the Counties are willing to amend the Interlocal Agreement in order for Port St, Lucie, Indiantown, and Fellsmere to become members of the HOME Consortium for the benefit of their residents. NOW THEREFORE, in consideration of the foregoing and mutual covenants hereinafter contained, the Interlocal Agreement is hereby amended to read as follows: 1. SECTION 2, MEMBERS OF CONSORTIUME, is hereby amended to read as follows: SECTION 2. MEMBERS OF CONSORTIUM Indian River County, Martin County. aM St. Lucie Cw„ties Countv, F19FIda the City of Port St. Lucie, the Village of Indiantown, and the City of Fellsmere. are the members of the .Consortium and upon mutual execution of this Agreement by the parties, the `Treasure Coast HOME Consortium", hereinafter referred to as "Consortium", shall be-, formed. The members shall remain bound by the terms and conditions of this Agreement for its duration and shall be prohibited from withdrawing from the Consortium during such period, except as provided for in Section B of this Agreement. The Consortium Agreement remains in effect until the HOME funds from each of the Federal fiscal years of the qualification period are expended for eligible activities. No consortium member may withdraw from the Agreement while the Agreement remains in effect. 2. SECTION S. CONSOLIDATED PLAN, is hereby amended to read as follows: AT I 63