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HomeMy WebLinkAboutRes 2009-11 HRA RESOLUTION 2009-11 EXTENSION OF COMMONBOND HOUSING MANAGEMENT CONTRACT UNTIL JANUARY 31, 2012 FOR MANAGEMENT OF PARKVIEW VILLA NORTH AND SOUTH WHEREAS, on January 23, 2008 the City of Columbia Heights’s Housing and Redevelopment Authority (HRA) approved a management agreement with CommonBond Housing (CommonBond) which included a provision for a five-year contract, and WHEREAS, the Department of Housing and Urban Development (HUD) denied the ability of the HRA to enter into a five-year contract based on a previously approved 1969 Annual Contributions Contract which limits all contracts to two years, and WHEREAS, in order to meet the spirit and intent of the originally approved five year contract both HUD and the HRA agreed to a management contract term of an initial two year period with three one-year extensions, and WHEREAS, this language is memorialized in Section 1.3 of the final and approved contract approved by the HRA on April 22, 2008, and WHEREAS, the HRA is satisfied by the performance and competence of CommonBond and desire to extend the subject term, NOW THEREFORE BE IT RESOLVED, 1) The HRA approves two one-year management contract extension periods, per Section 1.3 of the April 22, 2008 Management Agreement. Per this Agreement, the management term will end on January 31, 2012 with a one- year extension remaining. Staff is instructed to advise CommonBond in writing, by November 27, 2009, of the HRA’s intent to exercise this effective two year contract option. Passed this 9th day of November 2009. MOTION BY: SECONDED BY: _________________________ Chair- Tammera Diehm Attest by: ____________________________ Shelley Hanson, Recording Secretary