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HomeMy WebLinkAbout81-0610 Housing Authority ` .. S►- O 0 MEMORANDUM OF UNDERSTANDING WHEREAS, the Elgin Housing Authority, a municipal corporation, and the City of Elgin, a municipal corporation, have heretofore agreed to enter into a certain cooperation agreement providing for the rehabilitation of existing public housing by the Elgin Housing Authority, a municipal corporation, and located within the City of Elgin; and WHEREAS, the parties desire to express their mutual agreement in writing. NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties agree as follows: 1. That the City of Elgin has or.has heretofore designated funds from the Community Development Block Grant Fund for rehabilitation of Elgin Housing Authority projects IL. 92-2 and IL. 92-4. 2. That City shall provide Community Development Block Grant Funds in the amount of $120,000 toward the cost of the rehabilitation projects heretofore described. 3. That Elgin Housing Authority shall. provide HUD Modernization funds in the sum of $10,868.80 for the above described projects. 4. That City shall review relevant documents to insure compliance with the Davis-Bacon Act and shall inspect all work performed to assure com- pliance with applicable codes and ordinances. 5. That Elgin Housing Authority shall monitor equal opportunity employment obligations and Davis-Bacon obligations of contractors selected to work and shall or has heretofore secured responsible bids for the rehabili- tation project described in accordance with HUD requirements set forth in FMC 74-7. 6. That the Elgin Housing Authority shall submit periodic requisi- tions for payment to the City of Elgin which shall be accompanied by a sworn statement of contractors requesting payment together with waivers of all liens. F- 11 7. That the City of Elgin upon receipt and proper form of requisi- tions for payment shall periodically make payments to the Elgin Housing Authority in accordance with this agreement. IN WITNESS WHEREOF the City of Elgin and the Elgin Housing Authority have respectively executed this memorandum of understanding through their duly authorized representatives and caused their corporate seals to be affixed this I o day ofd to1981. CI •OF E .IN, a ' i 'pal \ 'oration By Manag-r Attest: City Clerk ELGIN HOUSING AUTHORITY, a municipal . corporation BY ai /' /J C .y Attest: S{ etary i 09'999 '01 sa( rvIi�2iny3aa1.4 -gariA1-+71d,4e,c> o" •000 z1C4 Lrv•zi -7[-,c7-151 og'8elg'o4.i 1�'10L O9'8,9/0s1 -salol got 1 IISaZQ "ahcl t °S1764/01 • (Z-Tb) sand►-+'vCI lc'+ A 006111 I (4?-Zb ? Z-z b) Sarna X015 St 94,57 'I # -Z 6) 51V1.50w21S SG'b4.c 'l 4 (Z-Zb) 5-321r1lxt� 1H71-I oogQt. $ (Z-zb) pais • a^al47,01'?osr107 9brb/0to* 1,7vaL 107 Wye:laid eci4lea 521314lobca (73.1590erate3 saN lcvvrllv ).JJzic,Hloy 4nnl�� L 101 I Sci CT .• (