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Amendment 1 MBCDC 7� �3 lr AMENDMENT NO. 1 TO COMMUNITY DEVELOPMENT BLOCK GRANT AGREEMENT, DATED OCTOBER 6, 2011 BETWEEN THE CITY OF MIAMI BEACH AND MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION THIS AMENDMENT NO. 1 TO COMMLJNITY PEVELOPMENT BLOCK GRANT AGREEMENT is entered into this day of 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, 2011, to September 30, 2012 and WHEREAS,on July 13,2011,the Mayor and City Commission passed Resolution No.2011- 27694, adopting the City's One-Year Action Plan for Federal funds for Fiscal Year 2011/2012, authorizing the Mayor and City Clerk to sign a CDBG Agreement in the amount of TWO HUNDRED DOLLLARS ($200-,000)for its Homeownership Assistance Program, and further authorizing the City Manager to extend the expiration dates of the FY 2011/2012 CDBG agreements; and WHEREAS, the project has encountered implementation delays that prevented its completion by September 30, 2012 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, 2011, and terminate on March 31, 2013, 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. 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 ATTE T: Witness Roberto Datorre Executive Director, Authorized Signatory ATTEST: CITY OF MIAMI BEACH a Florida Municipal Corporation �� ...B City Clerk � INCORP ORATED: ie G. Brook , Interim City Manager APPROVED AS TO FORM&LANGUAGE &FOR UTION 0 � . Date F:\RHCD\$ALL\HSG-CD\Brian\FY 2011 12\MB CDC\Homeownership Assistance\MB CDC Homeownership Assistance FY 2011 CDBG Amendment 1.doc