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Amendment No. 1 to the Interdepartmental Memorandum of Understanding 243140- 2931to AMENDMENT NO. 1 TO THE INTERDEPARTMENTAL MEMORANDUM OF UNDERSTANDING, DATED JULY 1, 2016, BETWEEN THE CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY DEVELOPMENT AND THE CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES This Amendment No. 1 (the "Amendment") to the Interdepartmental Memorandum of Understanding (MOU)dated July 1, 2016 is entered into this 19day of_ sar..-z _g—t-r: 2016 (Effective Date), by and between the City of Miami Beach Office of Housing and Community Development, a division of the Office of Housing and Community Services("HCD")and the City of Miami Beach Office of Housing and Community Services ("Sub-Recipient"). WITNESSETH: WHEREAS, on March 9, 2016,the City Commission approved Resolution No. 2016-29316, approving the recapture and reallocation of Community Development Block Grant(CDBG)funds previously unspent in the amount of $172,438.92; and WHEREAS, Staff identified the replacement of water heaters at the Neptune Apartments as an eligible project that will increase the quality of life of the residents of this low-to moderate- income City owned rental building; and WHEREAS, in the original MOU Staff inadvertently left the Agreement Amount as $305,047.84 instead of the $41,690 budgeted for this project; and WHEREAS, Staff wishes to amend the Agreement Amount to reflect the correct budget. NOW, THEREFORE, in consideration of the mutual promises contained herein,the parties hereby agree to amend the MOU, as follows: 1. The above recitals are true and correct and are incorporated as part of this Amendment. 2. Section 3 of the Agreement, entitled "Agreement Amount" is hereby amended to read as follows: Section 3.Agreement Amount: HCD agrees to make available Community Development Block Grant(CDBG) Funds, in the amount of$305,017.81 $41,690.00 for use by the Sub- Recipient during the Term of the Agreement. 3. 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 this Amendment and the MOU, the provisions of this Amendment shall govern. IN WITNESS WHEREOF, the City of Miami Beach Office of Housing and Community Development, a division of the Office of Housing and Community Services, and the City of Miami Beach Office of Housing and Community Services have executed this Amendment 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 DEVELOPMENT, A DIVISION OF THE OFFICE OF HOUSING AND COMMUNITY SERVICES Maria L. Ruictu r 1.4I l - Date CITY OF MIAMI BEACH OFFICE OF HOUSING AND COMMUNITY SERVICES Kath• G. Broo s, Assistant City Manager 10 In II if Date CITY OF MIAMI BEACH a Florida municipal corporation ATTEST: 7 A. l alp-glib — City Clerk City y anage Rafael E. Granado Jim ■ L. Morales Print Name Print Name Date �''����%%%%%�qq%%%%%%% J \v-. „ . -4 1�f•. CMB Neptune Apartments Amendment N q01. U 8' S ,!s '•��io * INCORPORATED: G •• APPROVED AS TO $ . / • ,(r ORM & LANGUAGE .. ',N��_ & CUTION ,,,�cH 26 c - City Attorney „ `i Dote