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ORD 37899 - Redevelopment agmt with HIll Hotel Apartments i E. r j .k0, yr„N..,, 4) Planning Department s i tiOCT t �. Omaha/Douglas Civic Center fs� i` t 1819 Farnam Street,Suite 1100 ®_ � it&Mw Omaha,Nebraska 68183 �A ti' CLERKI (402)444-5150 Y R�ren FeBa��'e �'� (f Telefax(402)444-6140 ' k ti 14 E.I.:iT Steven N.Jensen,AICP City of Omaha Director Mike Fahey,Mayor October 23, 2007 Honorable President and Members of the City Council, On April 3, 1990, the City Council approved, by Ordinance No. 32034, a Community Development Block Grant (CDBG) Redevelopment Agreement between the City of Omaha and Hill Hotel Apartments, Joint Venture, a Nebraska General Partnership (hereinafter referred to as the "Partnership"), located at 450 Regency Parkway, Omaha, Nebraska 68144. The Agreement provided partial funding in the amount of $600,000.00 for the rehabilitation of the Hill Hotel property, located at 505 South 16th Street, into 65 rental units. These funds leveraged $4.9 million in other public and private funding. The loan is secured by a Mortgage and Promissory Note in the amount of$600,000.00, filed with the Douglas County Register of Deeds on October 10, 1990, in Book 3543 on Page 426. The original terms of the Redevelopment Agreement and Promissory Note require payment in full upon sale or other transfer of interest. The Partnership must also make sure that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 Honorable President • and Members of the City Council Page 2 The attached proposed Ordinance would allow for the modification of the repayment terms of the City's loan interest in the property located at 505 South 16th Street, by authorizing the Mayor to accept the present value of the loan principal as payment in full of the debt owed to the City and to execute a release of mortgage upon receipt of that payment. Your favorable consideration of the Resolution is requested. Sincerely, Referred to City Council for Consideration: • - . t0.1l•d7 ��z — Steven N. Jense , AIC , LAVA Date ayor's Office Date Planning Director P:\PLN5\16099pjm.doc af.doc • A-5 - CITY CLERK I HE CITY OF OMAHA D A E APPROVED AS TO FORM: '' CITY ATTORNEY DATE P:\MAY\16063pjm.doc 1-44 :\PLN5\16049pj m.doc ORDINANCE NO. c.3-7f99 AN ORDINANCE providing for the modification of the repayment terms related to the Redevelopment Agreement between the City of Omaha and the Hill Hotel Apartments, Joint Venture, a Nebraska General Partnership, approved on April 3, 1990, by Ordinance No. 32034, which provided for the partial financing of the rehabilitation of property located at 505 South 16th Street into 65 rental units, This Ordinance allows the Mayor to accept the present value of the City's mortgage interest in the property as payment in full for the debt. WHEREAS, the Redevelopment Agreement provided Community Development Block Grant (CDBG) funds in the amount of$600,000.00 to assist in the rehabilitation of the property into 65 rental units, 51 percent of which had to be occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households; and, WHEREAS, the City's interest in the property is secured by a Mortgage, executed on August 29, 1990, and filed on October 10, 1990, with the Douglas County Register of Deeds, in Book 3543 on Page 426; and, WHEREAS, the terms of the Redevelopment Agreement, the Mortgage, and related Promissory Note require payment in full of the principal balance upon the sale or transfer of the Partnership's interest in the property; and, WHEREAS, it is in the best interest of the citizens of Omaha that the City accept the present value of the debt as satisfaction for the loan; and, rship must also make sure that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 ORDINANCE NO. c3�f99 ' Page 2 ' BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OMAHA: Section 1. The Mayor is hereby authorized to accept the present value, as calculated by the City of Omaha Finance Department, of the secured loan approved on April 3, 1990,by Ordinance No. 32034, as payment in full of the debt. Section 2. The Mayor is hereby authorized to execute a release of the mortgage filed with the Douglas County Register of Deeds, in Book 3543 on Page 426, upon receipt of payment of the present value. Section 3. This Ordinance shall be effective fifteen(15) days after its passage. INTRODUCED BY COUNCILMEMBER /0444101 C:714 .11044 APPROVED BY: MAYOR OF THE CI OF OMAHA DA PASSED NOV - 6 2007 7—o ATTEST —)— AD CITY CLERK O THE CITY OF OMAHA DATE l _ APPROVED AS TO FORM: .41:4r CITY ATTO / D E P:\PLN5\16100pjm.doc City's interest in the property is secured by a Mortgage, executed on August 29, 1990, and filed on October 10, 1990, with the Douglas County Register of Deeds, in Book 3543 on Page 426; and, WHEREAS, the terms of the Redevelopment Agreement, the Mortgage, and related Promissory Note require payment in full of the principal balance upon the sale or transfer of the Partnership's interest in the property; and, WHEREAS, it is in the best interest of the citizens of Omaha that the City accept the present value of the debt as satisfaction for the loan; and, rship must also make sure that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 jam' GARY R. PETERSEN BANKTHE W EST Vice President October 1, 2007 Ms. Kit Diesing HCD Planner City of Omaha Planning Department 1819 Farnam St. Suite 1111 Omaha, NE 68183 RE: Hill Hotel Apartments Joint Venture Kensington Tower Apartments Dear Ms. Diesing: On March 20, 1990, a Redevelopment Agreement between the City of Omaha and Hill Hotel Apartments Joint Venture was approved. As a part of this agreement, the City provided a$600,000 Community Development Block Grant loan (CDBG) to the Joint Venture. The Partnership and the City recognize that the Joint Venture has operated the property in a manner consistent with the Redevelopment Agreement and, for a period of 18 years, has continued to provide affordable housing to residents of the downtown area. In addition, we have requested and the City has determined that the present value of the CDBG loan is $295,625. The City has indicated that the City would release the CDBG lien on the property if the Joint Venture were to pay $295,625 to the City. We are requesting that the Planning Department approve our request for repayment and discharge the Joint Venture from any further obligations upon payment. Thank you for your assistance and cooperation. Sincerely, /174/9 "-- Gary R. Petersen General Partner Hill Hotel Apartments Joint Venture cc: James Thele Cr 450 Regency Parkway Omaha,NE 681.14 Member FDIC LENDER (402)898-2386 Fax (402)827-2886 for the loan; and, rship must also make sure that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 BOOH3543 PAGE434 ORDINANCE NO. ; : 7 AN ORDINANCE approving a Redevelopment Agreement with . Hill Hotel Joint Venture, a Nebraska General Partnership (the "Developer") and providing for an effective date. WHEREAS, the Developer and the City of Omaha are desirous of entering into agreements which will allow for the renovation of the Hill Hotel Building at 505 South 16th Street into residential and, commercial uses; and, WHEREAS, pursuant to the Hill Hotel Redevelopment Plan, certain proposed �ll improvements to the Hill_ Hotel Building and adjacent public improvements ,\'C need financing which can he secured by and repaid using the excess ad valorem taxes realized by the redevelopment within the Project Area. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OMAHA: \ Section I. . The Redevelopment Agreement with the Developer, attached hereto, including any other documents in connection with the Redevelopment Agreement necessary or appropriate to consummate and secure the Agreement; as recommended by the Mayor, are hereby approved. Section 2. Said Redevelopment Agreement contains obligations undertaken pursuant to the Nebraska Community Development Law and Sections 18-2147 through 18-2154, R.R.S. 1943, as amended; and, are not otherwise obligations of the City of Omaha. e that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 Ordiriance No. 7--)) e zy BM 3543 PAGE 435 Page 2 Section 3. This Ordinance shall he effective fifteen (15) days after its passage. INTRODUCED BY COUNCILMEMBER ").10Pit.' fA141e., APPROVED BY:. MAYOR.OF THE CITY OF OMAHA DAT - . , PASSED p R - 3 1990 /Y;),---,,c)(-. ATzEsqc • • t- • ,4". .1,2>e--;,,71.)e-,72..e_/-....__D • c 4-Ylmtv,70.4c,;,T.14:E4,,,,C;ITY OF OMAHA APPROVED AS TO FORM: _ . .• , t,„"t• • (/' lff CITY TO, Y 0445t • • • . • I hereby certify that toeicirt,g is a true and correct copy of thriginl.:61eaqument now on file in the City erKsidffit" . • —.0 ' A ITY-C,LERK BY i - • •v • , attached hereto, including any other documents in connection with the Redevelopment Agreement necessary or appropriate to consummate and secure the Agreement; as recommended by the Mayor, are hereby approved. Section 2. Said Redevelopment Agreement contains obligations undertaken pursuant to the Nebraska Community Development Law and Sections 18-2147 through 18-2154, R.R.S. 1943, as amended; and, are not otherwise obligations of the City of Omaha. e that at least 51 percent of the units are occupied by low and moderate-income households or made available, through the Partnership's best efforts, for occupancy by such households. The Partnership has operated this project in accordance with the agreement for 17 years, but now finds that it must sell it to another entity. The appraised value and purchase price are significantly lower than the amount originally invested in the rehabilitation of the property. The net cash flow through 2006 was only $25,783.00. The Partnership will realize a net loss of$1.8 million on the sale of the property. In an effort to reduce its loss, the Partnership has made written request to the City asking that it accept the present value of its interest as satisfaction of the debt rather than require full payment of$600,000.00. The City Finance Department calculates the present value of the debt as $295,625.00. regularly published and • �xtin atin in the County of D g d State of Nebraska. PQ-• .eNERA( 4jx O1 ACZ,`( N �,•10 , Subscribed• y presence and sworn to before N 'AO" ; '8.70. 6th ?ublisb®tPOsl es $1 me this y of ctob r 0' dd ional Copits9.$ Q- 2 MAY 6. • Q 28.70 `�IRTE OF ,� Not in f • as ounty, State f ebraska .s.s, : . N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 , 1 . , I , I 1 ; 1 1 I _C O, C cl--1 0, al •r-1 ai 0 " ..' Milj 4., \ • k \ .,-al °•+z) 2 0 2 --1 1 8 C—D v .,. cH ..-1 a) ,---1 -p fO,-P C Lt a.) 0 0 C a) ,-",.., 4-3 --1 C:34 Mt 1/2 4-3 +3 ..--1 •••• a) a) C al • \ ' I, a) $4 0 . - r0 E. ,C 0 •,--I rtl 4-) -1-3 E () C S =4 K1 CO•r-i 4-3 n., '4-) cr),al a) C co ' • '-' . t o w i5 7 lo :7-1 P4 ,--i'' •0 -.--1 2 5 ' • C-- ... ` 1 N , ..c _p ,, ..p 0 ,0 N 0.4_, 0 4, . — 1 . -,-1 A-) 4 0 u) -,--I'Li ---1 a) 4-) al C 'Li 0 S.4 54 H a) •I-D at C.) zez Iv s•\‘ Li 0 -.4 c_5 F. — co C.-I .SV. +) L4 NN 1."..'`. A\ 04 p s-i F., () -P 4-) 0, a) Pi ";--, at 0 4 > `-•,,s,, 1 •oill P r) Cj t 71 I) 1 " t ;1. C 5 g CI .2 .r 1 Cen •all . • .. / 4.1 o +) at 0 0 r"...4 T.) F. r.0 -P 0 LLI ..l•il fil 1 'II N\) F-) 0 LI -C Zi) V, ,. C.". .F. C I.) C.N. OA‘4 \\. . ,---- 4-) z ,ca 4-) •- ri ni 0 .) ."".) A,a) Elm co ci o c4-4 4 .. i . ,_ E :...-:-. a) r.--1 fa,0 0 0 i- a -1 0 tf' ,---1 C) C 4-) b, ,—. 0 ,-1 al ,---1 (1 c-s 0 •,-1 -I-) _r: CNNi • c :6 4 ‘ tzt VI a) —,4 o .. ba-,-( ra LLI ..... h) 0 c_, - › 60-P c-4 0 0 C -4 (I) I) a) C C.: 0 0 ,-1 •,-iCO") 7D CU t:11) ) .0 0 U—I a.) k)s c cc '"4 ..i....... .. <4 -1-) a) 'd '1:::1 C-1 1'3- *. 1...." •,-I tH S. 14 b'\) H -I-) +) L4 ++.1 +-I ..-I 0 al LI CC ...--, CU CC3 , t ,,N 2 c Ci C •,--1 r.0 "CI 0 cO t",0 1.) C 1) 0 9) .-1 `-t-1 Lc) •,--1 (1) CLI C ..... -,,, F_., cil +) gi * .4 ::-- (I-1 •-i = .q) .i . . ..; Cl) w • Z cr -) ' 44 2 18.117 .1., ) a Li. Cr) awe 0 mai m or), fisttd OcU/Illfiil Ba ti i i IL,II 6 II CCI z oe - IN Ca ii,.. 'f. IV ... N., .=. � 0kk. c=, ti..) k ,,CCI m �a Q g n � , Q \ r \ G however, in the event the A-3 s adopted by the City Council of the City of Omaha, this Ordinance shall become effective from and after its adoption. A-39 ent to pay such Bonds shall • A-37 such supplemental ordinance shall be a part of the terms and conditions of the Bonds and of this Ordinance for any and all purposes. A-35 inance are and will be valid obligations of the City in accordance with their terms and the terms of this Ordinance. The City shall at all times, to the extent permitted by law, defend, preserve and protect the pledge of and security interest granted with respect to the Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 ''111.11111's 11117 Max3543 PAGE 46 '. MORTGAGE (FOR A DEFERRED PAYMENT LOAN) This Mortgage made as of the 29th day of August , 1990 ,between Hill Hotel Apartments, Joint Venture, a Nebraska General Partnership (hereinafter called Mortgagor,and if more than one party jointly and severally hereinafter called"Mortgagor"),Ifrat 505 South 16th Street, Omaha, Douglas ,County, Nebraska and the City of Omaha(hereinafter called "Mortgagee"), acting by and through the Planning Department,Housing and Community Development Division having an Office at 1819 Farnam Street, Omaha,and State of Nebraska. WITNESSETH,that to secure the payment of an indebtedness in the principal amount of Six HundrPci Thousand ---- Dollars($ 600,000.00 ),with interest thereon, which shall be payable in accordance with a certain note bearing even date herewith,a true and correct copy of which,exclusive of the signature of the Mortgagor, marked "Schedule A" is annexed hereto and made a part hereof,and all other indebtedness which the Mortgagor is obligated to pay to the Mortgagee pursuant to the provisions of the Note and this Mortgage,the Mortgagor hereby grants, conveys and mortgages to the Mortgagee: The following described property situated in Douglas County,Nebraska. Lot 2, 3, and 4, Block 169, Original City of Omaha, as surveyed, platted and recorded in Douglas County, Nebraska (commonly known as 505 South 16th Street) w Lu =xtoi, 1 ::D Bi L N C/O FEE S s� j _, CC. i''i CO wj COMP Fig 67 .3 --efa7 �� C3 C....7 AC, ., r TOGETHER,with all appurtenances thereto and all the estate and rights of the Mortgagor in and to such proper Li ,iywise appertaining thereto;all buildings and other structures now or hereafter thereon erected or installed, and all fixtures and articles of personal property now or hereafter attached to, or used in, or in the operations of, any such land, buildings or structures which are necessary to the complete use and occupancy of such buildings or structures for the purpose for which they were or are to be erected or installed,including,but not limited to all heating,plumbing,bathroom,lighting,cooking,laundry,ventilating,refrigerating,incinerating, and air-conditioning equipment and fixtures and all replacements thereof and additions thereto,whether or not the same are or shall be attached to such land, buildings or structures in any manner; TOGETHER,with any and all awards now or hereafter made for the taking of the property mortgaged hereby,or any part thereof (including any easement),by the exercise of the power of eminent domain,including any award for change of grade of any street or other roadway, which awards are hereby assigned to the Mortgagee and are deemed a part of the property mortgaged hereby, and the Mortgagee is hereby authorized to collect and receive the proceeds of such awards,to give proper receipts and acquittances therefor, and to apply the same toward the payment of the indebtedness secured by this Mortgage,notwithstanding the fact that the amount owing thereon may not then be due and payable;and the Mortgagor hereby agrees,upon request,to make,execute and deliver any and all assignments and other instruments sufficient for the purpose of assigning each such award to the Mortgagee,free,clear and discharged of any encumbrances of any kind or nature whatsoever;and TOGETHER,with all right,title and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings,other structures,fixtures,articles of personal property,awards and other rights and interests being hereinafter collectively called the"mortgaged property"). Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 �' '.. ��1 SCHEDULE A mow V ?4GE 4t).•+ • INVESTOR DEFERRED LOAN PROMISSORY NOTE 505 South• l6th Street Project No. • Multi—Fami ly Place: Omaha, Douglas County, Nebraska Loan No. 0—HCD/1027 Date: August 29, 1990 FOR VALUE RECEIVED, the undersigned jointly and severally promises) to pay to the order of the CITY OF OMAHA (herein called "CITY"), acting by and through the Director of the Planning Department or its successors, the sum of Six Hundred Thousand Dollars, ($ 600,000.00 ). The Principal on this Note is payable on the first day after the undersigned conveys, grants, mortgages, assigns or otherwise transfers their interest or a portion thereof in the property or improvements at 505 South 16th Street and legally described as: Lots 2, 3, and 4, Block 169, Original City of' Omaha, as surveyed, platted and recorded in Douglas County, Nebraska (commonly known as 505 South 16th Street) without the prior written consent of the said Director, and in lawful money of the United States at the principal office of the City of Omaha, 1819 Farnam Street, Omaha, Nebraska, or at such other places as shall be designated by the City. The undersigned reserve(s) the right to prepay at any time all or any part of the principal amount of this Note without the payment of penalties or premiums. IN THE EVENT the undersigned shall fail to pay the interest on or principal amount of this Note when due, and if such failure be subsisting on the date the next installment payment under this Note be- comes due and payable, the unpaid principal amount of this Note, together with accrued interest and late charges, shall become due and payable, at the option of the CITY, without notice to the undersigned. Failure of the CITY to exercise such option shall not constitute a waiver of such default. No default shall exist by reason of nonpayment of any required installment of principal and interest so long as the amount of the optional prepayments already made pursuant hereto equals or exceeds the amount of the required installments. If the interest on, and principal of, this Note are not paid during the calendar month which includes the due date, the undersigned shall pay to the CITY a late charge of 4% per calendar month, or fraction thereof, on the amount past due and remaining unpaid. If this Note be re- duced to judgment, such judgment should bear the statutory interest rate on judgments, but not to exceed 9% per annum. IF suit is instituted by the CITY to recover this Note, the undersigned agree(s) to pay all costs of such collection including reasonable attorneys' fees and court costs. THIS NOTE is secured by a Second Mortgage duly filed for record in Douglas County, Nebraska. IN THE EVENT of a default, the City shall rely solely upon the property which is secured by the Mortgage that is the security for this Note and will not initiate or participate in any claim or proceeding against the Maker of this Note or its Partners (or the partners, officers, directors, or shareholders of any Partner) for payment of any sum due under this Note or any other sum due under the Mortgage. Nothing herein contained shall be construed to release or impair the indebtedness evidenced by this Note or Mortgage. • and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings,other structures,fixtures,articles of personal property,awards and other rights and interests being hereinafter collectively called the"mortgaged property"). Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 BD!K3543 PAGE433 DEMAND, protest and notice of demand and protest are hereby waived, and the undersigned hereby waives, to the extent authorized by law, and all homestead and other exemption rights which otherwise would apply to the debt evidenced by this Note. IN WITNESS WHEREOF, this Note has been duly executed by the Undersigned, as of its date. HILL HOTEL APARTMENTS JOINT VENTURE, a Nebraska general partnership BY: Diversified Historic Investors, VII, a Pennsylvania limited partnership, Managing Venture BY: Dover Historic Advisors VII, a Pennsylvania general partnership, General Partner BY: Dov- •toric Advisors, Inc. , a Iva •a Cor•oration - Partner BY: G?jEatts resident BY: COMMERCIAL FEDERAL REALTY INVESTORS CORPORATION, a Nebraska Corporation, General Partner p , (141.40 BY: X Thomas S. Thomas, President he prior written consent of the said Director, and in lawful money of the United States at the principal office of the City of Omaha, 1819 Farnam Street, Omaha, Nebraska, or at such other places as shall be designated by the City. The undersigned reserve(s) the right to prepay at any time all or any part of the principal amount of this Note without the payment of penalties or premiums. IN THE EVENT the undersigned shall fail to pay the interest on or principal amount of this Note when due, and if such failure be subsisting on the date the next installment payment under this Note be- comes due and payable, the unpaid principal amount of this Note, together with accrued interest and late charges, shall become due and payable, at the option of the CITY, without notice to the undersigned. Failure of the CITY to exercise such option shall not constitute a waiver of such default. No default shall exist by reason of nonpayment of any required installment of principal and interest so long as the amount of the optional prepayments already made pursuant hereto equals or exceeds the amount of the required installments. If the interest on, and principal of, this Note are not paid during the calendar month which includes the due date, the undersigned shall pay to the CITY a late charge of 4% per calendar month, or fraction thereof, on the amount past due and remaining unpaid. If this Note be re- duced to judgment, such judgment should bear the statutory interest rate on judgments, but not to exceed 9% per annum. IF suit is instituted by the CITY to recover this Note, the undersigned agree(s) to pay all costs of such collection including reasonable attorneys' fees and court costs. THIS NOTE is secured by a Second Mortgage duly filed for record in Douglas County, Nebraska. IN THE EVENT of a default, the City shall rely solely upon the property which is secured by the Mortgage that is the security for this Note and will not initiate or participate in any claim or proceeding against the Maker of this Note or its Partners (or the partners, officers, directors, or shareholders of any Partner) for payment of any sum due under this Note or any other sum due under the Mortgage. Nothing herein contained shall be construed to release or impair the indebtedness evidenced by this Note or Mortgage. • and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings,other structures,fixtures,articles of personal property,awards and other rights and interests being hereinafter collectively called the"mortgaged property"). Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 0)0 C v C CD W CD co C N., a a CO \ z z n o ` 0 o I = H ' 0 a alZ a GI z CI rn • d CD pii1i CD o � - � � � C �ro . o o � . � a o� o 0n o '''''•1\ �_ o C 0 �, CA ot O - C .C7 Z � o D o� i--i 0 o O n 'ts n c90 Q, cDCD ,-r• 5.7.1 .0\ CD C� C 5 z- , 'aO0 w CDQ, A• - / cmo — n O ° Do CCDD CCDD cD r* a'cra > ° � a nS , rr M "� cr CD 0 " -, OC Hv, R-. - w oC �' CCDD . CCDD N ON CCDD � Lk.) �• �� Q• CD Ca 70 ;71 ro M: . CII ~\ +trt1p` n IV C in — — • n,o elk( N R. z e City of Omaha, 1819 Farnam Street, Omaha, Nebraska, or at such other places as shall be designated by the City. The undersigned reserve(s) the right to prepay at any time all or any part of the principal amount of this Note without the payment of penalties or premiums. IN THE EVENT the undersigned shall fail to pay the interest on or principal amount of this Note when due, and if such failure be subsisting on the date the next installment payment under this Note be- comes due and payable, the unpaid principal amount of this Note, together with accrued interest and late charges, shall become due and payable, at the option of the CITY, without notice to the undersigned. Failure of the CITY to exercise such option shall not constitute a waiver of such default. No default shall exist by reason of nonpayment of any required installment of principal and interest so long as the amount of the optional prepayments already made pursuant hereto equals or exceeds the amount of the required installments. If the interest on, and principal of, this Note are not paid during the calendar month which includes the due date, the undersigned shall pay to the CITY a late charge of 4% per calendar month, or fraction thereof, on the amount past due and remaining unpaid. If this Note be re- duced to judgment, such judgment should bear the statutory interest rate on judgments, but not to exceed 9% per annum. IF suit is instituted by the CITY to recover this Note, the undersigned agree(s) to pay all costs of such collection including reasonable attorneys' fees and court costs. THIS NOTE is secured by a Second Mortgage duly filed for record in Douglas County, Nebraska. IN THE EVENT of a default, the City shall rely solely upon the property which is secured by the Mortgage that is the security for this Note and will not initiate or participate in any claim or proceeding against the Maker of this Note or its Partners (or the partners, officers, directors, or shareholders of any Partner) for payment of any sum due under this Note or any other sum due under the Mortgage. Nothing herein contained shall be construed to release or impair the indebtedness evidenced by this Note or Mortgage. • and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings,other structures,fixtures,articles of personal property,awards and other rights and interests being hereinafter collectively called the"mortgaged property"). Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 MVP 'NOTICE TO PUBLIC' THE DAILY RECORD The following Ordinance has been set for O,�r - TT - City Council hearing on October 30,2007, OF MAh A at 2:00 p.m., in the Legislative Chambers, Omahe/Douglas Civic Center, 1819 Farnam RONALD A. HENNINGSEN, Publisher Street, at which hearing all persons interested,may be heard. PROOF OF PUBLICATION AN ORDINANCE providing for the modification of the repayment terms related to the Redevelopment Agreement between UNITED STATES OF AMERICA, the City of Omaha and the Hill Hotel Apartments, Joint Venture, a Nebraska The State of Nebraska, SS. 'General Partnership, approved on April 3, District of Nebraska, 1990, by Ordinance No. 32034, which provided for the partial financing of the County of Douglas, rehabilitation of property located at 505 South 16th'Street into 65 rental units. This City of Omaha, Ordinance allows the Mayor to accept the present value of the City's mortgage interest J.BOYD in the property as payment in full for the debt. WHEREAS, the Redevelopment being duly sworn,deposes and says that she is Agreement provided Community Development Block Grant (CDBG) funds in LEGAL EDITOR the amount of $600,000.00 to assist in the rehabilitation of the property into 65 rental units, 51 percent of which had to be of THE DAILY RECORD, of Omaha, a legal newspaper, printed and occupied by low and moderate-income published daily in the English language, having a bona fide paid households or made available, through the Partnership's best efforts, for occupancy by circulation in Douglas County in excess of 300 copies, printed in such households; and, Omaha,in said County of Douglas,for more than fifty-two weeks last WHEREAS, the City's interest in the• past; that theprinted notice hereto attached was published in THE property is secured by a Mortgage, executed on August 29, 1990, and filed on DAILY RECORD,of Omaha,on October 10, 1990, with the Douglas County Register of Deeds, in Book 3543 on Page October 26, 2007 426;and, WHEREAS, the terms of the Redevelopment Agreement, the Mortgage, and related Promissory Note payment in full of the principal balance upon the sale or transfer of the Partnership's interest in the property;and, That s.' ==rc�•_:per during that time was regularly published and WHEREAS, it is in the best interest of the citizens of Omaha that the City accept the in gen:•'°f,,QQni1PGi 'C 1 ,,the County of Do glas,and State of Nebraska. present value of the debt as satisfaction for .`C",..•^•--, the loan. �i NERP.L , BUSTER BROWN, Q C • City Clerk i� �: ARC JC Subscrib �� my presence and sworn to before 10-26-07 i No �ON32:�0 /r 26th Pu tsher's \ �s c • me this day f // ,� 0\ 0 ober 07 Ad t.ion91 Copies $ o.: a` 20 f lilt T� Ay*2i off { ttikv`\\;flF �-t `� Not u tnfan as County, State of Nebraska s, directors, or shareholders of any Partner) for payment of any sum due under this Note or any other sum due under the Mortgage. Nothing herein contained shall be construed to release or impair the indebtedness evidenced by this Note or Mortgage. • and interest of the Mortgagor in and to the land lying in the streets and roads in front of and adjoining the above described land (all the above described land, buildings,other structures,fixtures,articles of personal property,awards and other rights and interests being hereinafter collectively called the"mortgaged property"). Special Tax Revenues, the Tax Allocation Revenues and other moneys, securities and funds pledged under A-28 regate principal amount, Series and maturity in such other A-17 r A-17 THE CITY OF OMAHA BUSTER BROWN, City Clerk 11-7-07 You certify that all the equipment listed above has been furnished,that delivery and installation has been fully completed and satisfactory. Further,all conditions and temts of this Agreement have been reviewed and acknowledged. Upon your signing below,your promises h ein will be irrevocable and unconditional In all respects. „ 11-7-0'�//7 o i�a.-ka- scat X 6 i .. Wad, ill DATE OF DELIVERY CUSTOMER SIGNATURE TITLE ediate medical testing for methamphetamine toxicity;and(iv)arrange for any follow-up medical tests,examinations,or health care made necessary as a result of methamphetamine toxicity. /� �- a OJP FORM 4000/2(REV.4-88) the use of NIMS within the first year. • To continue the use of automatic mutual aid for all structure fires with the department's response area. • To maintain the program in perpetuity. APPLICATION PROCESS https://portal.fema.gov/firegrant/j sp/safer2006/application/print_app.j sp?print=true&app_number=... 6/27/2007 w, - 1 - i - 1 - 1 - 1 - 1 - 1 • - 1 • i - 1 - 1 • 1 - 1 - 1 - 15) days . • from and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2 t. _ "NOTICE TO PUBLIC" THE DAILY RECORD ` � ORDINANCE NO.37899 - A^-L:- t dANifi aORDI the E .providing-Join-el the • OF OMAHA modification of the repayment terms related Yi to the Redevelopment Agreement-between, the-City,of Omaha and the Hill Hotel RONALD A. HENNINGSEN, Publisher Apartments,` Joint Venture, a Nebraska-,, l General Partnership, approved ron April•3, PROOF OF PUBLICATION I CI 1990, by Ordinance rNo: 32034, which 4 provided for the partial financing -f the rehabilitation of property located at 505 UNITED STATES OF AMERICA,16th Street into 65 rental units.'Thie . Ordinance allows the Mayor to accept the' The State of Nebraska, present value of the City's mortgage'interest SS. in the property as payment in full:for-the^; District of Nebraska, dent _ 1 County of Douglas, ,r. WHEREAS, , .the Redevelopment.1 Agreement • provided Community •, City of Omaha, Development Block Grant (CDBG) funds in the amount.of$600,000.00 to assist in the rehabilitation-of the property into 65fental ' J.BOYD units;"514.percent of which had;�t6 be : i occupied by low and moderate-income; being duly sworn,deposes and says that she is households or made available, through the Partnership's best efforts, for occupancy by M LEGAL EDITOR such households; and,' • WHEREAS, the City's interest\in the' of THE DAILY news RECORD of Omaha, ale a newspaper, printed and property is secured by a Mortgage, gr' P h , executed on August 29, 1990, and filed on published daily in the English language, having a bona fide paid October of Deeds,with the Douglas county. circulation in Douglas County in excess of 300 copies, printed in N 1Register of in Book 3543 on 'Pager p r 1426;and, Omaha,in said County of Douglas,for more than fifty-two weeks last WHEREAS, the- terms of the.. past; that the printed notice hereto attached was Redevelopment'Agreement, the Mortgage," published in THE and related Promissory Note require ' DAILY RECORD,of Omaha,on :payment in full of theprincipal balance upon �1 the salet or transfer' of the'Partnership's, November 14 , 2007 'interest in the property;and, I WHEREAS, it is in the best interest of the r',citizens of Omaha that the City.)accept the 'present value of the debt as satisfaction for the loan. SUMMARY:�'- AN ORDINANCE providing ,for, ..the q per during that time w. egularly published and modificationTof the repayment teems related a �A-- 3' jiIto theyRedevelopment Agreement'lbetween , in h�[ • • the County of Dow. andState of Nebraska. •- 1 the Cyry.of Omaha and the Hill Hotel �.•' NERA••. 4) ?Apartments; Joint'Venture,'r aT Nebraska-4 G [ `General Partnership,'-approved on April 3, 11990, by ordinance No. 32034, _which NOTARY Subscribed in y presence and sworn to before . provided for the partial financing of•the �� '1 rehabilitation- of property -located.-at'•505 . u611she ''�+�'ISSIO 0 me this 14 th South 16th Street into 65 rental units. This RP DES day of 'Ordinance allows the Mayor.to accept the ' ., L !1 • 4presentvalue of-the City's-mortgage.-interest- dititm YopieO p$`'• NOV Ue 20 t/7 'in the property as-paynient in full for.the ..Ab'x 5 debt. the Redevelopment �l41 SMI EZ �� rA WHEREAS, provided Community,; No ary in trn or ouglas County, 9 . Development"Block Grant (CDBG) funds in 1 State of Nebraska the amount of $600,000.00 to assist in the • rehabilitation of the'property into 65 rental units, .51-percent�of� hich,_ha.d.to-,,.be_, occupied'by- low and"wmoderate-income 'households or made available, through-the ' Partnership's best efforts, for occupancy by I 'such households; and, •t ,WHEREAS, •the City's interest in the -property is secured by a Mortgage, executed on August 29, 1990, and filed on.. ;,October 10,•1990, with the Douglas Countyr 'Register:of-Deeds,in Book 3543 on.Page It ,426;and, ' •e . - -- , • WHEREAS,; • the :;terms .,,of the./ kRedevelopment Agreement, the Mortgage, and -related Promissory •Note require f payment in full of the principal balance uponrr the-sale .or transfer of the Partnership's interest in the property;and, ' t WHEREAS, it is in the best interest of the citiiens of Omaha that the City accept the"` ?present value of the•debt-as satisfaction fore Ithe loan. . rPASSED: November-'6,2007,7-0::1' -'. - I, 'APPROVED BY: :*t. MIKE FAHEY 11/8/07 ,MAYOR OF THE. • ' ,` '„' ; �. .. ;CITY OF OMA• ;�I to BUSTER-BROWN, r ci Clerk �llT1. .M i.,.,,I'11 it •-.City . 11-14-07' and after the date of its passage. BUSTER BROWN, City Clerk • ' 10-19-07 ts passage. 1 BUSTER-BROWN; . City Clerk 10-19-07 j and demands of its employees or former including if applicable,payment on a time and materials basis for any employees arising from the use by Customer of the Deliverables. agreed upon services or Deliverables for which Workforce has not yet been paid. Sections 2,3,5,6,7,8,9, 10, 11, 12,and 13 shall survive 11. General Provisions the termination of this Agreement. 11.1. Neither party shall incur any liability to the other party on IN WITNESS WHEREOF,the parties hereto have executed account of any loss or damage resulting from any delay or failure to this Agreement and the Schedules indicated below. perform all or any part of this Agreement,where such delay or failure is caused, in whole or in part, by events, occurrences or causes be and the reasonable control of such 'art ; I rovided that in order to CUSTOMER WORKFORCE SOFTWARE,INC. Date: O'F ali .2607' Date: p>9'/1 /O7 Signature: )1r�-.&e ;4 Signature: ,�,tiu Printed Name: mike Fahey Printed Name: Kevin Choksi Title: Mayor Title: -Managing Director APPROVED AS TO FORM: , c--4 . 2___ (, . AT�'')RN Y ASSISTANT CITY 0 4‘o. ' /07��' Agreement#:MCA-20070724 aster Brown,'City Clerk 3'gG•2