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NIFA Housing GrantoIR Ik I A6 NIFA NEBRASKA INVESIMENi fINANU AOiNORIiV° August 15, 2014 REGULAR MAIL Robert Boettcher Blair Planning Commission 218 S. 16th Street Blair, NE 68008-1674 Re: Housing Study Grant Funding - Letter Agreement Amount of Grant Funding $21,525 Dear Mr. Boettcher, This letter ("Letter Agreement"), acknowledged by you below, will serve as the agreement between the Nebraska Investment Finance Authority ("NIFA") and the Blair Planning and Zoning Commission ("Recipient") with respect to the award by NIFA of Housing Study Grant Funding in the amount set forth above (the "Award"). The Award was made by NIFA pursuant to NIFA's Housing Study Grant Program. The award will be used by Recipient to stimulate ideas for addressing the community's housing issues and need or for a comprehensive plan encompassing land use, housing, utilities, transportation, recreation, as well as community and/or economic development opportunities. Any comprehensive plan should address and include recommendations for public policy, socio -cultural, environmental, technological and economic elements for the community. On the basis described in this Letter Agreement, NIFA will advance funds to the Recipient in accordance with the schedule attached hereto upon the satisfaction by Recipient of the other conditions of this Letter Agreement. Recipient shall proceed to commission the study in accordance with the terms and conditions of Recipient's application submitted to NIFA requesting Housing Study Grant Funding (the "Application"). Such Application is incorporated by reference and shall be a part of this Letter Agreement. The Study shall also meet the terms and conditions, and address those issues outlined in NIFA's Housing Study Grant Program. 1230 0 Street • Suite 200 • Lincoln, NE 68508-1402 • (402) 434-3900 • (800) 204-NIFA • FAX: (402) 434-3921 • vvww.nif'a.org August 15, 2014 Mr. Robert Boettcher PAGE TWO As a condition to receiving the Award, Recipient agrees that: - at least quarterly, Recipient shall provide a written report to NIFA outlining the progress with respect to its Study; - on any report or other written or verbal communication published or released with respect to the Study, Recipient shall acknowledge the Award made by NIFA; - NIFA shall be provided a copy of the final Study in digital format, if available; - the Study shall be completed within 18 months from the date of the award; and, - representatives from NIFA shall be invited to any presentation or ceremony held upon completion of the Study. If the foregoing terms are acceptable to you and reflect your understanding of our agreement, please acknowledge this Letter Agreementbelow and return one of the originals to my attention at the address above. NIFA looks forward to assisting you in your efforts for comprehensive community planning. NEBRASKA INVESTMENT FINANCE AUTHORITY By: / 14 Execu ve Dire for Agreed and Accepted: Robert Boettcher Blair Pla g Co sion 11 By: A�� Ad Ae Title:Man rn ssl o o CbaLrKV- rl Date: -� 110 ►y SCHEDULE OF DISBURSEMENTS Date Action/Stage/Event NIFA Match Disbursement Upon completion of the study $21,525 $40,125 and compliance with the terms and conditions herein* * Please submit a cover letter requesting payment and include copies of your consultant's proposals and a final invoice.