2024-25 J&H Asset Property Management MOU - Dune Palms Mobile EstatesMEMORANDUM OF UNDERSTANDING
REGARDING AGREEMENT FOR CONTRACT SERVICES
This Memorandum of Understanding ("MOU") effective October 21, 2024, relates to that
certain Agreement for Contract Services by and between the La Quinta Housing
Authority, a public body, corporate and politic, and J & H Asset Property Management,
Inc., a California Limited Liability Corporation ("Contracting Party") approved by the City
Council of the City of La Quinta on March 16, 2021 (the "Agreement").
RECITALS
A. WHEREAS, on March 16, 2021, Authority approved the Agreement; and
B. WHERAS, Section 3.4 of the Agreement provided that the term of the Agreement
would begin on January 1, 2021, and would terminate on June 30, 2022, subject
to one (1) additional extension for one (1) additional two (2) year term, ending on
June 30, 2024; and
C. WHEREAS, on June 30, 2022, Authority and Contracting Party agreed to extend
the term of the Agreement, pursuant to Section 3.4 thereof, to June 30, 2024; and
D. WHEREAS, Section 10.6 of the Agreement authorizes Authority and Contracting
Party to amend the Agreement upon mutual written approval; and
E. WHEREAS, Authority and Contracting Party agree that they inadvertently
permitted the term of the Agreement to expire, but that each party has continued
to operate as though the Agreement were still in effect and did not terminate from
June 30, 2024 until the effective date of this MOU; and
F. WHEREAS, by execution of this MOU, Authority and Contracting Party desire to
memorialize their continued operation under the terms of the Agreement, subject
to the additional terms set forth in this MOU.
NOW THEREFORE, Authority and Contracting Party agree as follows:
AGREEMENT
1. Continuation of Agreement. Authority and Contracting Party acknowledge that
each party has been operating as though the Agreement were still in effect
between June 30, 2024 and the date this MOU goes into effect and that the terms
of the Agreement shall be fully applicable to the parties' performance during that
period.
2. Terms of MOU. Authority and Contracting Party desire to continue performance
of each of their rights and obligations under the Agreement as though the
Agreement were still in effect, pursuant to this MOU until the earlier of (a)
Authority's provision of at least thirty (30) days' written notice that it is terminating
this MOU or (b) June 30, 2025, whichever is sooner.
3. Incorporation by Reference. The Agreement and the Recitals set forth above are
incorporated herein by this reference.
4. Counterparts. This MOU may be executed in multiple counterparts, each of which
shall be an original and all of which together shall constitute one agreement.
MEMORANDUM OF UNDERSTANDING
REGARDING AGREEMENT FOR CONTRACT SERVICES
4. Counterparts. This MOU may be executed in multiple counterparts, each of which
shall be an original and all of which together shall constitute one agreement.
IN WITNESS WHEREOF, Authority and Contracting Party have executed this MOU as of
the date set forth in the preamble,
LA QUINTA HOUSING AUTHORITY, a J & H ASSET PROPERTY
public body, corporate and politic MANAGEMENT, INC., a California Limited
\ —
Liability CorporatiorL
JON McMILLEN, Executive Director &
City Manager
La Quinta, California
ATTEST
October 22, 2024
MONIKA RADEVA, Authority Secretary
& City Clerk
La Quinta California
APPROVED AS TO FORM
WILLIAM H. IHRKE, Authority General
Counsel & City Attorney
City of La Quinta, California
JAMES J
resident
THOMAS '°A4ELLI, Vice President of
Operations
MEMORANDUM OF UNDERSTANDING
REGARDING AGREEMENT FOR CONTRACT SERVICES