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REV: 12-21-22 SK
<br />SIXTH AMENDMENT TO AGREEMENT
<br />WITH HABITAT FOR HUMANITY GREATER SAN FRANCISCO
<br />FOR FUNDS TO ACQUIRE 612 JEFFERSON
<br />THIS SIXTH AMENDMENT TO AGREEMENT (“SIXTH Amendment”) is made and
<br />entered into this ______ day of ___________, 202_, by and between the CITY OF REDWOOD
<br />CITY, a charter city and municipal corporation of the State of California (“City”) and HABITAT
<br />FOR HUMANITY GREATER SAN FRANCISCO, INC., a California nonprofit organization
<br />(“Contractor”; collectively the “Parties”).
<br />RECITALS:
<br />WHEREAS, the Parties are parties to that certain Agreement, dated February 24, 2015 (the
<br />“Original Agreement”), whereby the City agreed to provide Contractor One Hundred Fourteen
<br />Thousand Eight Hundred Ninety Five and no/100 dollars ($114,895) of financial assistance, in
<br />the form of federal Community Development Block Grant Program (“CDBG”) funds, to assist
<br />Contractor in acquiring property located at 612 Jefferson Avenue in Redwood City to be used to
<br />construct up to twenty (20) units of affordable ownership housing for low income households, as
<br />more specifically described in the Original Agreement; and
<br />WHEREAS, on October 22, 2015, the Parties executed an Amendment to Agreement
<br />(“First Amendment”) in order for City to provide Contactor with additional CBDG funds in the
<br />amount of $161,598 to assist Contractor in paying for certain pre-development costs of the
<br />Project, and the City agreed to do so, as provided in the First Amendment; and
<br />WHEREAS, on June 28, 2016, the Parties executed an Amendment No. 2 to Agreement
<br />(“Second Amendment”) in order to extend the Period during which the $276,493 in funding may be
<br />used, from June 30, 2016 to June 30, 2017, and the City agreed to do so, as provided in the Second
<br />Amendment; and
<br />WHEREAS, on May 22, 2017, the City Council adopted Resolution 15588 approving
<br />the development of a twenty (20) unit affordable residential ownership project at 612 Jefferson
<br />(the “Project”); and
<br />WHEREAS, on September 19, 2019, the Parties executed an Amendment No. 3 (“Third
<br />Amendment”) to implement the conditions of approval that require that the Project remain
<br />affordable to low-income households for a period of not less than fifty (50) years; and
<br />WHEREAS, on March 5, 2020, the Parties executed an Amendment No. 4 (“Fourth
<br />Amendment”) in order for City to provide Contractor with additional CBDG funds in the amount of
<br />$360,000 for certain pre-development costs of the Project; and
<br />WHEREAS, on February 26, 2021, the Parties executed an Amendment No. 5 (“Fifth
<br />Amendment”) to no longer provide the additional funds in the amount of $360,000 for certain pre-
<br />development costs per the terms in the Fourth Amendment and instead provided Contractor with
<br />additional CDBG funds of $200,000 for disposition costs per the terms in the Fifth Amendment (the
<br />Original Agreement, First Amendment, Second Amendment, Third Amendment, Fourth
<br />Amendment and Fifth Amendment are collectively referred to herein as the “Agreement”); and
<br />ATTY/AGR.2022/Amend. No.6/Habitat for Humanity -612 Jefferson (6th CDBG Grant Agreement Amendment) (Page 1 of 4)
<br />27 December 2
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