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A resolution to approve the Fifth Amendment to a grant contract for constructing affordable housing approved by RS2017-965 between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources.
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WHEREAS, The Metropolitan Government of Nashville and Davidson County ("Metro"), acting by and through the Metropolitan Housing Trust Fund Commission, previously entered into a grant contract with Affordable Housing Resources for the express purpose of constructing affordable housing approved by RS2017-965; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources executed a First Amendment to said grant contract on April 3, 2019, to extend the term of the grant contract, which amendment was approved by RS2019-1655; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources executed a Second Amendment to said grant contract on February 17, 2021, to extend the term of the grant contract, which amendment was approved by RS2021-760; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources executed a Third Amendment to said grant contract on November 17, 2021, to extend the term of the grant contract, which amendment was approved by RS2021-1232; and,
WHEREAS, Metro, acting by and through the Metropolitan Housing Trust Fund Commission, and Affordable Housing Resources executed a Fourth Amendment to said grant contract on November 15, 2022, to extend the term of the grant contract, which amendment was approved by RS2021-1859; and,
WHEREAS, the parties wish to amend this grant contract by extending the term of the contract, a copy of which amendment is attached hereto and incorporated herein; and,
WHEREAS, it is to the benefit of the citizens of The Metropolitan Government...
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