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21-461ORDINANCE NO. 21-46 1 AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL CORPORATION, AUTHORIZING THE INTERIM CITY MANAGER TO EXECUTE AMENDMENT 1 TO AGREEMENT WITH GRACE LIKE RAIN, INC. TO EXTEND TO TUNE 30, 2021 THE TERM OF AN AGREEMENT FOR REMBURSEMENT OF PRE- DEVELOPMENT COSTS IN CONNECTION WITH THE PROPOSED CONSTRUCTION OF A COMMUNITY VELLAGE AT 4000 E. MCKINNEY STREET; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, pursuant to Ordinance No. 20-842, the City of Denton (the “City”) entered into an Agreement with Grace Like Rain, Inc. to reimburse in an amount not to exceed $80,932 certain pre-development costs in connection with the proposed construction of a community village at 4000 E. McKinney Street, Denton, Texas (the “Agreement”); and WHEREAS, the project has not yet been completed and the parties hereto desire to amend the Agreement pursuant to Amendment 1 to Agreement (“Amendment 1“), attached hereto as Exhibit A and incorporated herein for all purposes, to extend the end of the term of the Agreement from February 28, 2021 to June 30, 2021 to allow adequate time for completion of the project and Grace Like Rain, Inc.’s request for reimbursement in accordance with the terms and conditions of the Agreement; and WHEREAS, Amendment 1 provides that all other terms and conditions of the Agreement will remain in full force and effect, including the reimbursement amount of up to §80,932; and WHEREAS, the City Council of the City hereby finds that extending the term of the Agreement pursuant to Amendment 1 is in the public interest; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings and recitations contained in the preamble of this Ordinance are incorporated herein by reference. SECTION 2. The Interim City Manager, or her designee, is hereby authorized to execute Amendment 1, and to carry out the duties and responsibilities of the City under Amendment 1 and the Agreement. SECTION 3. This ordinance shall become effective immediately upon its passage and approval. The moti£W t, ,pp,o,e this o,di„ance was made by :Jesse Oa V\$ and seconded by yAP I Met+ye f . The or) d bythe following vote n - L] : Aye Nay Abstain Absent Mayor Gerard Hudspeth: Birdia Johnson. District 1 : Connie Baker. District 2: Jesse Davis. District 3 : John Ryan, District 4: Deb Armintor, At Large Place 5 Paul Meltzer, At Large Place 6: V/ W r F F \/ \/ a3f & d,y ofPASSED AND APPROVED this the rw,roK-, 2021. ATTEST: ROSA RIOS, CITY SECRETARY Its 11111111 .J72?»2 #=%a. APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY -* <avJM qa4ud#, "Exhibit A" 2019-2020 COMMUNITY DEVELOPMENT BLOCK GRANT AGREEMENT BETWEEN THE CITY OF DENTON AND GRACE LIKE RAIN, INC. AMENDMENT 1 to Agreement -FIlls AxHendlnent I to Agrecn lent is made by and between the City of 1)COlon (the “City“) and Gma Like Rain. Inc. (“-SubrecipiehF;). wmtEAS, the City and Subfecipient enteted into a -grant agreelhent for-&'project to assist with certain pre-deveiop iDent-cons iicurfed during the agreement’s term colnmencihg- March 1, 2020 and terminating February -28, 2021 in connection with the proposed construction of a comljrunity village at 4000 E. McKinney Street, tkrHon, Texas. (the “Agreement"), all m authorized by Ordinance No. 20-842; and WHEREAS, the project coateMpiated trader the Agreement has not yet been completed and'thepwtiA'hento desire to 8nierld the Agreernent to-extend the:term.of the Agieelnant to allow adequate lime for completion of the -project aid Subrecipjent’s request far winrbursefnent of up to Eighty Thausand Nine Htlbdred Thirty-two DoIlafs ($80,932) for the project in aCCordance \Mlb the terms and Conditions of the Agnetnenti NOW TH£F{EFORE, in considuatiQa of good -and valuable consideration, the sufficiency and recejpt of'whic ll is hereby acknowledged,’ the eity and Subtnipient agree as follows efFective as of February 28, 2021 : -I, Sec Ii.on 1, Hrm”, of thF Agreefnent is hereby amended tQ ex.hnd thQ term of the Agm-emc'it to -June 3<1, 2021 . 2.. The 'Bstkn4te cl -Project Timeline” set forth .at.Exhibit 4, “Sgope Df Serv;ices", to the Agrdement §ha-II be 4Blended to -replace the date February 2021 with the date June 3021. 3. All other provisions, teRns, covenahts, duties, rights, dbligations, and agrQements cbntained in the Agreement shall remain in full force and efFect. 4. This Amendment i to AgwemetR UI By be executed in any number.of counterparts. each of which shall bG Bn. original, but all of which togdthdr shiH constitute one and the same in5trtlrnent. .Page 1 IN WITNESS WI IEREOF, the partiw hereto have exwuted this Arncndmcnt I to Agnxmcnt as of the day of ..__ __. 202]. CITy Or DENTON, I GRACE LIKE RAIN, IN_C. F## &NNERW UTIVE DIRECTOR ArrEST: ‘ ROSA RIOS, CITY SECRETARY APPROVED AS TO LEGAL FORM: BY: '*:.&,"CITy ATTORNEY v THIS AGREEMENT HAS BEEN BOTH REVIEWED AND APPROVED as to financial and operational obligationSqr$ business terms Community Services Manager Title Community Services Division Department Date Signed: Page 2