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R97-04 AUTHORIZING AGREEMENT
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R97-04 AUTHORIZING AGREEMENT
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Last modified
4/19/2016 4:25:02 PM
Creation date
4/19/2016 4:25:01 PM
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Resolution/Ordinance
Res Ord Num
R97-04
Res Ord Title
AUTHORIZING AGREEMENT THE NATIONAL DEVELOPMENT COUNCIL - PROFESSIONAL SERVICES
Approved Date
1/13/1997
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COti'TRaCTU�L AGREENIE\'T FOR PROFESSIONAL SERVICES <br /> BET`VEEN <br /> THE CITY OF DEC�TUR <br /> AND <br /> THE NATIONAL DEVELOP1IEti'T COUNCIL <br /> THIS :�GREEi�IENT, made and entered into by and between The City of Decatur, with <br /> principal offices located at 1 Gary Anderson Plaza, Decatur, Illinois 62523, as party of the first part <br /> (hereinafter referred to as "CITY") and The National Development Council, with Corporate <br /> Headquarters at 51 East 42nd Street, Suite 300, New Yorl:, New York 10017, as party of the second <br /> part (hereinafter referred to as "NDC"). • <br /> WITNESSETH: <br /> ' m ni Dev 1 ment BI ck rant CDBG funds <br /> ��-AEREAS, the CITY has received Com u ty e op o G ( ) <br /> to be used for activities eli�ible under the Housing and Community Development Act of 1974, as <br /> amended; and <br />� WHEREAS the CITY has develo ed fundin� ro osals for HUD 108 loan financina� and <br /> � P � P P �, <br /> `VHEREAS, Iv�C has experience in developing a variety of community development and <br /> housin, projects nationally; and <br /> �VHEREAS, the CITY desires to enaage NDC to provide technical assistance, access to its <br /> small business lending company (SBLC), access to its nonprofit and guaranteed fundin� sources and <br /> to use its de��elopment expertise in connection with development strategies, projects, SBA 504 , <br /> Industrial and Commercial Financing, Low-Income Housin�, Home Ownership and other �� <br /> development pro�rams and projects. I <br /> NOW,THEREFORE,the parties to this A�reement, for the considerations set forth below, <br /> do here and now agree to bind themselves to the followin� terms and conditions. <br /> 1 <br />
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