File #: 12-00135    Version: 1
Type: Agenda Item Status: Passed
File created: In control: BOARD OF SUPERVISORS
On agenda: 2/14/2012 Final action: 2/14/2012
Title: Consider recommendations regarding Dahlia Court II (Expansion) HOME Investment Partnerships Act (HOME) and Community Development Block Grant (CDBG) Assignment, Assumption and Modification Agreement, First District, as follows: a) Approve and authorize the Chair to execute an Assignment, Assumption and Modification Agreement to add an additional $226,000.00 of HOME Funds to the Dahlia Court II Project and to make other minor amendments to the executed HOME loan documents; and b) Approve and authorize the Chair to execute an Assignment, Assumption and Modification Agreement to add an additional $125,000 of CDBG Funds to the Dahlia Court II Project and to make other minor amendments to the executed CDBG loan documents.
Sponsors: COMMUNITY SERVICES DEPARTMENT
Attachments: 1. Board Letter, 2. Agreement (HOME), 3. Agreement (CDBG), 4. BOS Minute Order dated June 1, 2010
Title
Consider recommendations regarding Dahlia Court II (Expansion) HOME Investment Partnerships Act (HOME) and Community Development Block Grant (CDBG) Assignment, Assumption and Modification Agreement, First District, as follows:
 
a) Approve and authorize the Chair to execute an Assignment, Assumption and Modification Agreement to add an additional $226,000.00 of  HOME Funds to the Dahlia Court II Project and to make other minor amendments to the executed HOME loan documents; and
 
b) Approve and authorize the Chair to execute an Assignment, Assumption and Modification Agreement to add an additional $125,000 of CDBG Funds to the Dahlia Court II Project and to make other minor amendments to the executed CDBG loan documents.