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HomeMy WebLinkAboutAgr 2017-05-22 (Marin Housing) RECEIVEV May 2 MAY2620 y 3, 2017 17 MAROktrN TOWN MANAGERS OFFIuL HOUSING TOWN OF TIBURON Making Housing More Affordable Heidi Bigall 4020 Civic Center Drive Director of Administrative Services San Rafael, CA 94903-4173 Lewis A.Jordan Town Of TiburonLewis Director 1505 Tiburon Blvd. Tiburon, Ca 94920 Dear Heidi, Thank you so much for processing the MOU amendment. Here is a copy of the amendment with all of the signatures. I was not sure if you also needed original signatures. Therefore, I have also included a page with an original of Mr. Jordan's signature. Sincerely, 4w� Ae�L Stephanie Lovette 415 446-7051 slovette @ marinhousing.org Ho<ising Authority of the C otlnty of Marin 415/491-2525 (FAX)415/472-2186 (`]'DD) 1-800-735-292.9 ��-tvE�>>rrs��•ii��I��a���ia��;.o�g AMENDMENT This amendment (the "Amendment") is made by the Marin Housing Authority (the "Authority") and the Town of Tiburon ("City"), parties to the agreement dated June 30, 2012 (the "Agreement"). The parties desire to amend the Agreement as follows: Section I. C. INFORMATION AND EDUCATION C (iv) will be removed as follows: (iv). Provide or effl-'s-e We I-- Provided pefiodie newsletters to BN4R tJnit owners and other stake Olde Section IV. BROKERAGE FEES A. Will be amended as follows: Up to 4% of the total sales price of each BMR Unit will be payable to a broker/ agent and to the Authority (the "brokerage fee"). The precise distribution of the brokerage fee will be dependent on whether there is dual representation of the BMR Unit buyer and seller by an agent / broker. The Authority's portion of the brokerage fee will used to cover Authority's services in connection with each sale of a BMR Unit, administration of the BMR program and will be in addition to the compensation provided to Authority under other provisions of this Agreement. Except as set forth in this Amendment, the remainder of the Agreement is unaffected and shall continue in frill force and effect in accordance with its terms. If there is conflict between this amendment and the cement, the terms of this amendment will prevail. By: By. Printed arae: Greg Chanis Printed Name: Lewis A. Jordan Title: Town Manager Title: Executive Director Dated: �`/ 7 Dated: vdalaw- - APPROVED S TO FORM TOWN ATTORNEY TOWN OF TIBURON AMENDMENT This amendment (the "Amendment") is made by the Marin Housing Authority (the "Authority") and the Town of Tiburon ("City"), parties to the agreement dated June 30, 2012 (the "Agreement"). The parties desire to amend the Agreement as follows: Section I. C. INFORMATION AND EDUCATION C (iv) will be removed as follows: (iv). Provi�'e o to be E)yi ae`a Fiodi a Slott t BN4 Unit't �-. ., v Yi �.. �e iv vv'.�iv�wro iv and other-stakeholders-. rs Section IV. BROKERAGE FEES A. Will be amended as follows: Up to 4 6% of the total sales price of each BMR Unit will be payable to a broker / agent and to the Authority (the "brokerage fee"). The precise distribution of the brokerage fee 6%-will be dependent on whether there is dual representation of the BMR Unit buyer and seller by an agent/ broker. The Authority's portion of the brokerage fee 6-% will used to cover Authority's services in connection with each sale of a BMR Unit, administration of the BMR program and will be in addition to the compensation provided to Authority under other provisions of this Agreement. Except as set forth in this Amendment, the remainder of the Agreement is unaffected and shall continue in full force and effect in accordance with its terms. If there is conflict between this amendment and the Agreement, the terms of this amendment will prevail. By: By: Printed Name: Printed Name: Lewis A. Jordan Title: Title: Executive Director Dated: Dated: /off a� C7I�"