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Amendment 1 - MBCDC avv7 AMENDMENT NO. 1 TO COMMUNITY DEVELOPMENT BLOCK GRANT AGREEMENT, DATED OCTOBER 1, 2007 BETWEEN THE CITY OF MIAMI BEACH AND MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION THIS AMENDMENT NO. 1 TO COMMUNITY DEVELOPMENT BLOCK GRANT AGREEMENT is entered into this s A day of 0 arc A 2012, by and between the CITY OF MIAMI BEACH, a Florida municipal corporation, having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, (City), and MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION, a Florida not - for - profit corporation, with offices located at 945 Pennsylvania Avenue, Miami Beach, Florida 33139. WITNESSETH: WHEREAS, the City is an entitlement recipient of U.S. Department of Housing and Urban Development (HUD) funds as part of its Community Development Block Grant (CDBG) Program for the period from October 1, 2008, to September 30, 2009 and WHEREAS, on July 11, 2007, the Mayor and City Commission passed Resolution No. 2007- 26585, adopting the City's One -Year Action Plan for Federal funds for Fiscal Year 2007/2008, authorizing the Mayor and City Clerk to sign a CDBG Agreement in the amount of ONE HUNDRED SIXTY THOUSAND TWO HUNDRED AND THIRTY DOLLLARS ($160,230) for the Meridian Apartments Project, and further authorizing the City Manager to extend the expiration dates of the FY 2007/2008 CDBG agreements; and WHEREAS, the project has encountered implementation delays that prevented its completion by September 30, 2008 as originally planned; and NOW, THEREFORE, in consideration of the mutual promises contained herein, the parties hereby amend the Agreement as follows: 1. Section 11, on page 3 of the Agreement, is deleted in its entirety and replaced with the following: Term: This Agreement shall commence on October 1, 2007, and terminate on September 30, 2012, with the understanding that at the end of the Agreement, the City has the authority to re- appropriate any remaining unused funds. 2. All other terms and conditions of the Agreement shall remain unchanged and in full force and effect. i IN WITNESS WHEREOF, the parties hereto execute this Amendment No. 1 to Community Development Block Grant Agreement as of the day and date first above written. MIAMI BEACH CDC a Florida not - for - profit corporation ATTEST: Witness R ert orre Execu ive Director, Authorized Signatory ATTEST: CITY OF MIAMI BEACH a Florida Municipal Corporation 0 City Clerk J e M&nzalqtqy APPROVED AS TO FORM & LANGUAGE & FO CUTION L' ttorn;qi Date F: \RHCD \$ALL \HSG -CD \Brian \Contract Development\FY 10 -11 Contracts \MBCDC \The Allen Contract Extension