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Meeting Date:	06/22/2020
Self-Help Center Retainage Payment - Habitat for Humanity of Laredo
Submitted for:	Cassie Allred	Submitted By:	Cassie Allred
Department:	Self Help Center

Subject:

Discussion and possible action to authorize the release of the following 10% retainer payment to Habitat for Humanity of Laredo, Inc., to be paid from Self-Help Center grant funds in the amount of $5,000. This action will not impact the County's General Fund. [Requested by Community Action Agency - Self Help Center]

Issue: Ten percent (10%) of the new construction project amount is held in retainage from the contractor for 30 days from the completion date of each project to ensure that any deficiencies which may arise are addressed by the contractor. Contract amount is $50,000 and 10% retainer amount is $5,000.

Solution: Commissioners Court authorizes the release of the retainer funds to the contractor.

Result: The contractor will be paid for services rendered.

Background:

The project listed above has been inspected by a third party inspector licensed by the Texas Real Estate Commission and a report has been submitted stating that the inspected home is free from deficiencies as required by the Texas Department of Housing and Community Affairs.

Previous Court Action:

None.

Fiscal Impact

Budget Account Number:	2530-206000
Funding Source:	2530
Balance:	5,000
Financial Impact:
No impact to the General Fund. This is a grant funded activity.

Attachments
Inspection Report