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HomeMy WebLinkAboutAmeriNational Community Services - 2011 Agreement - Amendment No. 1First AMENDMENT TO Amement for Services WHEREAS, the City of Gilroy, a municipal corporation ( "City "), and AmeriNational Community Services, Inc. entered into that certain agreement entitled Agreement for Services, effective on September 1, 2011 hereinafter referred to as "Original Agreement "; and WHEREAS, City and AmeriNational Community Services, Inc. have determined it is in their mutual interest to amend certain terms of the Original Agreement. NOW, THEREFORE, FOR VALUABLE CONSIDERATION, THE PARTIES AGREE AS FOLLOWS: 1. Exhibit "B" (Scope of Services, paragraph A) of the Original Agreement shall be amended to read as follows: CONTRACTOR will receive any and all payments due CITY on the Housing Trust Homebuyer Assistance loans and BEGIN loans; to include monthly payments consisting of principal and interest, all late payments and partial payments. Borrowers payments are to be made payable to AmeriNational Community Services Inc. 2. Exhibit "B, Paragraph E of the original Agreement shall be amended to read as follows: CONTRACTOR will provide a Portfolio Status Report that provides a complete accounting per loan of the total portfolio. CONTRACTOR will establish a project number for Housing Trust Homebuyer Assistance Loans and separate project number for BEGIN loans. The report identifies annual payments made, remaining balances, borrower's name and account number, original loan balance, interest rate, and loan terms. For those deferred loans accruing interest, the report will show ongoing interest accrued and the loan balance. The report will be sent monthly to the CITY. Exhibit "D" (Payment Schedule ", paragraph 1) of the Original Agreement shall be amended to read as follows: CITY agrees to hire CONTRACTOR to provide a loan portfolio management program for the Housing Trust Homebuyer Assistance and BEGIN loan portfolios. This Amendment shall be effective on July , 2014. 4. Except as expressly modified herein, all of the provisions of the Original Agreement shall remain in full force and effect. In the case of any inconsistencies between the Original Agreement and this Amendment, the terms of this Amendment shall control. 5. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. IN WITNESS WHEREOF, the parties have caused this Amendment to be executed as of the dates set forth besides their signatures below. CIT F G Y By: [signature] Thomas J. Haglund [employee name] City Administrator [title /department] Date: :-l26 ( I Lt 4845 - 8215 -55400 _ 1 MDOLINGER104706083 AmeriNational Com nity Services, Inc By: 7v� / / / Z, � �)— [signature] Adrienne Thorson [name] C_ hairperson, CEO /CFO [title] Date: T /1Y' /Zf Approved as to Form c �(�cz - G City Attorney` 1,�h tt 6n 4845- 8215- 5540v1 _2_ MDOLINGER104706083 AMER -04 OP ID: SH CERTIFICATE OF LIABILITY INSURANCE DA 1010811D 3� THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy((es) must be endorsed. if SUBROGATION IS WAVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endomeme s . PRODUCER 651 -638 -9100 Maguire Agency 651 -638 -9762 1935 West County Road B-2, #241 Roseville, MN 55113 Jeff Erager, CPCU REACT Jeff Era er PHONE No 651 -635 -272.4 FxAAxc No): 651 -638 -9762 ADDR : jera§er@maguireagency.com INSURER(S) AFFORDING COVERAGE NAIC A INSURER A : Houston Specialty Ins Co $ MED EXP ( one-person). INSURED American Bancorporation; AmeriNationai Community Services Inc; American Bank of INSURER s: Berkley Regional Insurance Co CLAIMS -MADE � OCCUR INSURER c :Travelers Insurance Companies 28188 St. Paul INSURER D: $ INSURER E: - 1666 Dakota Drive Mendota Heights, MN 55120 INSURER F: COVERAGES GCK i lr94/i l C lruwdocn: - ------- - — THIS is TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ILTR TYPE OF INSURANCE GENERAL LLIABILITY COMMERCIAL GENERAL LIABILITY POLICY NUMBER MM EFF IPM/ EXP LIMITS EACH OCCURRENCE $ AMA R S' Ee t ecu $ MED EXP ( one-person). $ CLAIMS -MADE � OCCUR PERSONAL & ADV INJURY $ GENERAL AGGREGATE $ PRODUCTS - COMPIOP AGG $ GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO IOC AUTOMOBILE LIABILITY - - COMBINED SINGLE CIMIT $ $ BODILY INJURY (Per person) - S ANY AUTO ALL OWNED SCHEDULED AUTOS AUTOS NED HIRED AUTOS AUTOS BODILY INJURY.(Per accident) $ PROPERTY DAMAGE accident) g UMBRELLA LIAB OCCUR EACH OCCURRENCE $ AGGREGATE $ EXCESS LIAB CLAIMS -MADE DED I I RETENTION $ W RS ORKE COMPENSATION WC S O R $ -T EL. EACH ACCIDENT - _ $ AND EMPLOYERS' LIABILITY ANY PROPRIETOR/PARTNER(DCECUTIVE YIN E.L. DISEASE -EA EMPLOYEE $ OFFICERIMEMBER EXCLUDED? (Mandatory In NH) NIA E.L. DISEASE - POLICY LIMIT $ If yes, describe under DESCRIPTION OF OPERATIONS below A Management HFIN0100002500 09/24/13 09124/14 Aggregate 5,000,00 Liability -See Pg 2 CLAIMS MADE -RETRO 811102 DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (Attach ACORD 101, Additional Remarks Schedule, H more space is required) SEE PAGE 2 FOR ADDITIONAL COVERAGES. City of Gilroy, Its officers, representatives, agents & employees 7351 Roaanna Street Gilroy, CA 95020 XGILROY SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION' DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE. WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE ©1988 -2010 ACORD CORPORATION. All rights reserved. ACORD 25 (2010105) The ACORD name and logo are registered marks of ACORD AMER -04 OP ID: M1 r CERTIFICATE OF LIABILITY INSURANCE DAT 09130DIYYY1f1 09/30/13 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE ,HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(les) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder In lieu of such endomemen s . PRODUCER 651 -638 -9100 Maguire Agency 1935 West County Road B- 2,#241 651 -638 -9762 Roseville, MN 55113 Jeff Erager, CPCU NNA E "CT Jeff Era er PHONE FAX No 651 -635 -2724 No): 651- 638 -9762 ADDR era a ma uirea enc .com - INSURE S AFFORDING COVERAGE NAIC 0 INSURER A: Houston Specialty Ins CO EACH OCCURRENCE $ INSURED American Bancorporation; INSURER B: Berkley Regional Insurance Co MED EXP one person) Amvices Community Services Inc; lnc; American Bank of INSURER C: Travelers Insurance Companies 28188 INSURER D: . St Paul 1060 Dakota Drive Mendota Heights, MN 55120 INSURER E: GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO- LOC PRODUCTS - COMPIOP AGG $ INSURER F. COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED-ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO.WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. LTTRR -- TYPE OF INSURANCE D 9 POLICY NUMBER M AALI EXP LIMITS_ GENERAL LIABILITY CLAIMS -MADE � OCCUR 11271M MERCWL GENERAL LIABILITY EACH OCCURRENCE $ SSE occurrence) $ MED EXP one person) $ PERSONAL & ADV INJURY $ GENERAL AGGREGATE $ GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO- LOC PRODUCTS - COMPIOP AGG $ $ AUTOMOBILE LIABILITY ANY AUTO ALL OWNED SCHEDULED AUTOS ALTOS NON -OWNED HIRED AUTOS AUTOS COMBINED SINGLE LIMIT a eecident BODILY INJURY (Per person) $ BODILY INJURY (Per accident) -- $ PROPERTY DAMAGE eraebiderlt 3 $ UMBRELLA LIAB E EXCESS LIAB OCCUR IM CLANS-MADE EACH OCCURRENCE $ AGGREGATE $ DED. RETENTION$ $ WORKERS COMPENSATION AND EMPLOYERS' UAMUIY Y / N ANY PROPRIETOR/PARTNER/EXECUTrVE OFFICERIMEMBER EXCLUDED? (Mandatdry hi NH) If yes, describe under DESCRIPTION OF OPERATIONS below NIA WC STATU- OTH- EEL E.L. EACH ACCIDENT $ E.L. DISEASE - EA EMPLOYEE E.L. DISEASE - .POLICY LIMIT A Management Liability-See Pg 2 HFINOI00002500 CLAIMS MADE -RETRO 811102 09/24/13 09/24/14 Aggregate 5,000,00 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) SEE PAGE 2' FOR ADDITIONAL COVERAGES. XGILROY City of Gilroy, its officers, representatives, agents & employees 7351 Roaanna Street Gilroy, CA 95020 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE 'EXPIRATION DATE THEREOF, NOTICE WILL BE DEWERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE ©1988 -2010 ACORD CORPORATION. All rights reserved. ACORD 26 (2010105) The ACORD name and logo are registered marks of ACORD OP ID: AS 41N M CERTIFICATE OF LIABILITY INSURANCE DAT08102113 ) THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: if the certificate holder Is an ADDITIONAL INSURED, the policy(ies) must be endorsed. if SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER 651- 426 -0607 McNamara Company www.menamaracompany.com 651 -426 -5790 1330 East Highway 96 St Paul, MN 55110 Patrick K. McNamara cNAAMME: PHONE FAX C , A/C No): EE-DMARIIess:. PRODUCER AMER -11 c T MER ID a: INSURERS AFFORDING COVERAGE NAIC q INSURED AmeriNatlonalCommunity Services Inc, American Bankcorporation, American Bank of St Paul Inc 217 S Newton Ave Albert Lea, MN 56007 INSURER A: Chubb Group of Ins. Co. A ++ 35800320 35800320 INSURER B: NAIC: 20303 08/01/14 08/01/14 INSURER C : $ 1,000,00 INSURER 0 $ 1,000,QO INSURER E $ 5,00 INSURER F: $ 1,000,00 cnVCOer_FC CERTIFICATE WIIMRFR REVISION NLIMHER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ILT R TYPE OF INSURANCE POLICY NUMBER MMIDDD�Y MmfDDNYYY LIMITS A GENERAL LIABILITY X COMMERCIAL GENERAL LIABILITY CLAIMS -MADE a OCCUR X Mtg Protection 35800320 35800320 08/01113 08/01/13 08/01/14 08/01/14 EACH OCCURRENCE $ 1,000,00 Ea ooeurrence $ 1,000,QO -PREMISES MED EXP (Anyone person) $ 5,00 PERSONAL BADVINJURY $ 1,000,00 X Inc Contract Llab GENERAL AGGREGATE $ 1,000,00 GEN'L AGGREGATE LIMIT APPLIES PER: POLICY PRO- X LOC PRODUCTS - COMP /OP AGG $ Include Mtg Prot $ 000,00 A AUTOMOBILE LIABILITY ANY AUTO ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON -OWNED AUTOS 74983745 08/01/13 08/01114 COMBINED SINGLE LIMIT $ 11000,00 X BODILY INJURY NJURY (Per parson) $ BODILY INJURY (Per accident) $ PROPERTY DAMAGE (Per accident) $ $ A UMBRELLA LIAB EXCESS LUIS X OCCUR CLAIMS -MADE, 79813523 08/01113 08/01N4 EACH OCCURRENCE $ 10,000,00 AGGREGATE $ 10,000,00 DEDUCTIBLE RETENTION $ 10,000 $ X $ • • WORKERS COMPENSATION AND EMPLOYERS' LIABILITY ANY PROPRIETOR/PARTNER/EXECUTIVE Y / N OFFICER/MEMBER EXCLUOED� � (Mandatory in NH) tf es, desuibe under DESCRIPTION OF OPERATIONS below N/A 71712722 (CALIFORNIA) 71712593 (MN, KS, FL, MD) 08/27/13 08/01/13 08/27/14 08101/14 X WC STATU- X 0TH- LIM ER E.L. EACH ACCIDENT $ 500,00 E.L. DISEASE - EA EMPLOYEE $ 500,00., E.L. DISEASE - POLICY LIMIT $ 500,00 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, If more space is required) Certificate Holder is named as additional insured for General Liability coverage. GILROY1 City of Gilroy its officers, representatives, agents and employees 7351 Rosanna St Gilroy, CA 95020 SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS. AUTHORIZED REPRESENTATIVE ©1988 -2009 ACORD CORPORATION. All rights reserved. ACORD 25 (2009/09) The ACORD name and logo are registered marks of ACORD Liability Insurance Endorsement Policy Period AUGUST 1, 2013 TO AUGUST 1, 2014 AUGUST 1, 2013 Effective Data Policy Number 3580 -03 -20 DMO Insured AMERICAN BANCORPORATION, AMERICAN BANK OF ST. PAUL Name of Company GREAT NORTHERN INSURANCE COMPANY Date Issued AUGUST 9, 2013 This Endorsement applies to the following forms: GENERAL LIABILITY WHO /S AN INSURED Under Who Is An Insured, the following provision is added: Designated Person Or Organization Any person or organization designated below is an insured; but they are insureds only with respect to liability arising out of your operations or premises owned by or rented to you. City of Gilroy, it's officers, representatives, agents and employees 7351 Rosanna Street Gilroy, CA 95020 Insurance is primary and non - contributory All other terms and conditions remain unchanged. Authorized Representative Llab#W Insurance ADDL !NS - SCHEDULED PERSON OR OROAN04TION Form 80-02 -2373 (Ed. 4 -94) Endorsement last page Page i