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Amendment No.1 to the Interdepartmental Memorandum of Understanding Dated March 7, 2016 with Housing and Community Services av lc-ad K0 AMENDMENT NO. 1 TO THE INTERDEPARTMENTAL MEMORANDUM OF UNDERSTANDING, DATED MARCH 7, 2016, BETWEEN THE CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES AND THE CITY OF MIAMI BEACH CAPITAL IMPROVEMENT PROJECTS OFFICE This Amendment No. 1 ("Amendment No. 1")to the Interdepartmental Memorandum of Understanding ("MOU"), dated March 3, 2016, by and between the CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES ("HCS"), and the CITY OF MIAMI BEACH CAPITAL IMPROVEMENT PROJECTS OFFICE ("Provider") is entered into this _1 — day of ��(7 2016 ("Effective Date"). WITNESSETH: WHEREAS, on July 8, 2015, the City Commission approved Resolution No. 2015- 29080, approving the One-Year Action Plan for Federal Funds for FY 2015/2016, and determined the necessity for engaging the Provider to continue the following project in Miami Beach: London House Apartment Rehabilitation (the "Project"); and WHEREAS,the amount allocated for this Project, pursuant to Resolution No. 2015- 29080, is Three Hundred Thousand Dollars ($300,000) of CDBG funds; and WHEREAS, the Provider is providing services needed for the rehabilitation of affordable housing which is a high priority need identified in the City's FY 2013-2017 Consolidated Plan, approved by the City Commission on June 5, 2013, pursuant to Resolution No. 2013-28237; and WHEREAS, the definition of retainage currently stated in Exhibit "A" of the MOU does not apply to the Project as the Provider is not responsible for fulfilling a National Objective; and WHEREAS, that responsibility falls on HCS, once the units are occupied with low- to–moderate Income residents; and NOW, THEREFORE, in consideration of the mutual benefits contained herein, HCS and Provider agree as follows: 1. The above recitals are true and correct and are incorporated herein as part of this Amendment No. 1. 2. The definition of"Retainage", as set forth in the section entitled "Related Definitions" of Exhibit "A" ("Scope of Services"), is hereby deleted in its entirety and replaced with the following: Retainage–All capital projects are subject to the withholding of ten percent (10%) of each progress payment made to Provider, in the form of a retainage until fifty percent of project completion ("50 percent completion"), and thereafter the retainage shall be reduced to five percent (5%) of each progress payment made to Provider. 3. The section entitled "Retainage", as set forth in Section VI, "Compliance with National Objective" of Exhibit "A" ("Scope of Services") is hereby deleted in its entirety and replaced with the following: Retainage All capital projects utilizing HUD funds are subject to a ten percent (10%) retainage until 50 percent completion, and thereafter the retainage shall be reduced to five percent (5%). Partial releases would be allowed pursuant Section 255.078, Florida Statutes. Final Release of Retainage will be approved once HCS receives Certificate of Completion along with all Closeout Documents, including final releases of liens from Sub-contractor(s). Retainage will be held as appropriate from all submitted reimbursement requests. 4. All other terms and conditions of the MOU shall remain unchanged and in full force and effect. In the event there is a conflict between Amendment No. 1 and the MOU, the provisions of this Amendment No. 1 shall govern. IN WITNESS WHEREOF,the CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES and CITY OF MIAMI BEACH CAPITAL IMPROVEMENT PROJECTS OFFICE have executed this Amendment No.1 to the MOU as of the day and year first written above by their duly authorized representatives. CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES LJ• - Direct is of Housing and Community Services Maria L. Ruiz Print Name Date CITY OF MIAMI B: CH CAPITAL IM OV ENT PROJECTS OFFICE Director, Capital Impro ement Projects Office David Martinez Print Name • (t/(11110 Date CITY OF MIAMI BEACH, a Florida munic•.•al corporation ATTEST: ity C erk City T-nage Rafael E. Granado Jimm ; L. Morales Print Name Print ame volgalan amolti' .1 4.6 Dat- r� , OWED: ORP kr) 4 ?, ,7•• .•' c APPROVED AS TO f: FORM & LANGUAGE H 2�� & FOR E ECUTION City Attorney . r Date F:\RHCD\$ALL\HSG-CD\CDBG\CDBG 2015-2016 Capital Improvements\London House\CMB London House Amendment 1 6.13.2016.doc