R2020-150 Resolution Authorizing a Memorandum between Woodford Homes, Inc. and the City of Decatur

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MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF DECATUR, ILLINOIS AND WOODFORD HOMES, INC. WHEREAS, Woodford Homes, Inc. (an independent not-for-profit entity that partners with the Macon County Mental Health Board) has applied for an IHDA financed grant to construct a new Permanent Supportive Housing residential facility for qualified residents of Woodford Homes, Inc.that requires a local financial contribution to obtain the financing; and WHEREAS, Woodford Homes, Inc. has obtained preliminary approval for site development of this new five-million-dollar ($5,000,000) facility from the Decatur Planning Commission (pending purchase of the new site and approval of the IHDA grant financing); and WHEREAS,the Decatur City Council supports the programmatic objectives of the Woodford Homes, Inc. and the Macon County Mental Health Board; The parties to this Memorandum of Understanding(MOU) agree to the following: Section One:The City of Decatur will contribute the sum of two-hundred-and-fifty-thousand dollars ($250,000)toward the Woodford Homes, Inc. local match for the IHDA financing IF the financing is awarded.The city will make this contribution from its annual HUD/HOME funds during the month of June 2021. Section Two: The City of Decatur will issue a letter-of-support as a part of Woodford Homes, Inc. grant application affirming the need for a new Permanent Supportive Housing facility for qualified residents in Decatur, Illinois. Section Three: If the grant is awarded, and when the new facility is completed and occupied, Woodford Homes, Inc. will provide a warranty deed to the City of Decatur transferring property to the City of Decatur located at 1421 East Orchard Street, Decatur,for only the normal costs of property transference (legal fees, filing and recording,title insurance, etc.). The city of Decatur may use this property for any lawful purpose, or combine it with other properties owned by the city for redevelopment purposes. Section Four: If the loan/grant is awarded and when the new facility is completed and occupied, should new or additional staff need to be hired to work at the facility, Woodford Homes, Inc. and/or the organization operating the facility will, when possible,give priority to applicants who are are qualified and eligible who reside within the City's Urban Core. Date: Woodf d Homes, Inc. City f Decatur, III nois