R2023-69 Resolution Authorizing Sub-Recipient Agreement Between the City of Decatur, Illinois and DOVE, Inc. for Purchase and Renovation of 805 E. Johns for Transitional and Permanent Housing Utilizing Home Investment Partnerships

Home Browse Search

and comply with the rental affordability requirements of 24 CFR 92.251, 24 CFR 92.355, and 92.504(c)(3)(vii). Section 10. DOVE shall neither assign nor transfer any interest in this Agreement without prior written consent of the City provided, however, that claims for money due or to become due DOVE under this Agreement may be assigned to a bank, trust company, or other financial institution without such approval. Notice of any such assignment or transfer shall be furnished promptly to the City. If for any reason the property subject to this Agreement shall be sold prior to completion of the entire affordability period, without City consent, DOVE shall promptly repay the loan in its entirety,as required under 24 CFR 92.504(c)(3)(vii)Enforcement of the Agreement. Section 11. A notice to proceed from the City is required and DOVE shall neither expend nor obligate funds under this agreement until a written Notice to Proceed is issued by the City. The Economic and Community Development Department shall issue a Notice to Proceed upon sufficient demonstration by DOVE of all the following conditions: 1)completion of environmental review requirements as required by HUD regulations and program requirements, 2) confirmation of additional funding sources and layering subsidy approval, 3) all general contractors will need SAM's registration including the UEI and CAGE number. and 4) receipt by City of an updated title insurance policy naming the City of Decatur as additional insured. Section 12. Competitive bids for all work contemplated under this Agreement shall be sought, and Owner, or Owner's General Contractor shall make every reasonable effort to obtain at least two (2) itemized bids for all such work(unless self-performed by the General Contractor). Section 13. Owner and Owner's General Contractor shall comply with applicable federal procurement requirements and follow Section 3 practices. Section 3 is a provision under the Housing and Urban Development Act of 1968. The purpose is to ensure employment and other economic opportunities generated by the financial assistance shall, to the greatest extent feasible, and consistent with the Federal, State, and local laws and regulations,be directed to low-and very low-income persons, particularly those who are recipients of government assistance for housing and to business concerns which provide economic opportunities to low- and very low-income persons. Monthly reports,24 CFR 75.25, shall be provided identifying all actions taken to follow Section 3. Actions to report include outreach efforts to generate job applicants, training or apprenticeship opportunities, technical assistance to Section 3 workers,job fairs, and efforts to support work readiness and retention, and more. Reports shall include the number of labor hours worked, total number of hours worked by Section 3 workers, total number of labor hours worked by "Targeted Section 3 workers. Reporting shall include the Owner, and all its contractors and subcontractors. Section 14. Owner can submit for progress pays. City shall make interim construction payments(less 10%withheld),and final construction payments(not to exceed$250,000)to Owner or their designees only upon receipt of invoices accompanied by lien waivers, and after inspection and approval by City that the work is within the scope of this Agreement, and Owner's proposal. Owner shall provide City fully executed,binding lien waivers for work performed through date of invoice, in accordance with applicable provisions of the Illinois Mechanics Lien Act prior to interim and final payments, as required under 24 CFR 92.504 (c)(3)(viii). Page 61 of 239