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HomeMy WebLinkAbout25-1813 Page 1 2015-2016 AGREEMENT BETWEEN THE CITY OF DENTON AND THE FRED MOORE DAY NURSERY SCHOOL AMENDMENT 6 to Agreement This Amendment 6 to Agreement is made by and between the City of Denton (the “City”) and Fred Moore Day Nursery School (“Subrecipient”). WHEREAS, the City and the Subrecipient entered into an agreement on September 15, 2015 for the funding of public facility improvements at the Subrecipient’s facility using Community Development Block Grant (“CDBG”) funds with an original term ending on December 31, 2025 (the “Agreement”); and WHEREAS, the Subrecipient has met the CDBG national objective of benefitting low- and moderate-income persons for more than five years following the completion of the public facility improvements; and WHEREAS, the CDBG regulations promulgated by the United States Department of Housing and Urban Development require that any facility improved with CDBG funds be used to meet a CDBG national objective for five years after the expiration of the agreement for the provision of those funds, or for such longer period of time as determined to be appropriate by the City; and WHEREAS, the Agreement included the 5-year compliance period in its term prior to expiration of the Agreement; and WHEREAS, the parties deem it necessary to reduce the term of the Agreement to December 31, 2018, to meet the five-year minimum Community Development Block Grant requirement from the project completion to allow the parties to fulfill their obligations and to provide a public benefit; and NOW THEREFORE, for good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the City and Subrecipient agree as follows: 1. Section 1, “Term”, of the Agreement is hereby amended to replace the termination date of “September 1, 2025” with “December 31, 2018.” 2. All other provisions, terms, covenants, duties, rights, obligations, and agreements contained in the Agreement shall remain in full force and effect. Docusign Envelope ID: 6DCFFC3A-F9DC-474F-9DE7-ABFD26636FC2Docusign Envelope ID: D303EC69-1B51-4D20-9C44-9C359420BC17 Page 2 3. This Amendment 6 to Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties hereto have executed this Amendment 6 to Agreement as of the ________ day of _______________________, 2025. CITY OF DENTON BY: __________________________________ SARA HENSLEY CITY MANAGER ATTEST: INGRID REX, INTERIM CITY SECRETARY BY: _________________________________ SUBRECIPIENT FRED MOORE DAY NURSERY SCHOOL BY: __________________________________ &$5<15,**6%2$5'75($685(5 $77(ST: '(%%,(67$))25'%2$5'35(6,'(17 BY: _________________________________ APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY BY: _________________________________ THIS AGREEMENT HAS BEEN BOTH REVIEWED AND APPROVED as to financial and operational obligations and business terms Signature Director of Community Services Title Community Services D _________________________________________________________________________________________________________ Docusign Envelope ID: 6DCFFC3A-F9DC-474F-9DE7-ABFD26636FC2Docusign Envelope ID: D303EC69-1B51-4D20-9C44-9C359420BC17 December02