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MBCDC 2nd Amendment to agmtSECOND AMENDMENT TO AGREEMENT This Second Amendment to the Agreement dated February 21, 2001, between the CITY OF MIAMI BEACH, a Florida municipal corporation, having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, 33139, hereinafter referred to as the "City", and MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION at 945 Pennsylvania Avenue, Miami Beach, FL 33139, hereinafter referred to as the "Provider", is entered into this 1st day of October, 2002. WITNESSETH: WHEREAS, on February 21, 2001, through Resolution Number 2001-24258, the Mayor and City Commission authorized the City to amend the City's One Year Action Plans for Federal Funds for Fiscal Years 1997/98, 1998/99, 1999/2000 and 2000/2001, reallocating $300,000 of Community Development Block Grant (CDBG) funds that were previously allocated to the City's Multi-Family Rehabilitation Program; and WHEREAS, as a result of this action, the Mayor and City Commission authorized the Mayor and City Clerk to execute an Agreement between the City and the Provider, for OWNER- OCCUPIED HOUSING REHABILITATION PROGRAM, in the amount of THREE HUNDRED THOUSAND DOLLARS ($300,000), to rehabilitate owner-occupied housing of income-eligible homeowners; and WHEREAS, on July 18, 2001, through Resolution Number 2001-24517, the Mayor and City Commission adopted the City's One Year Action Plan for Federal Funds for Fiscal Year 2001-2002; WHEREAS, as a result of this action, the Mayor and City Commission authorized the Mayor and City Clerk to execute an Amendment to the Agreement between the City and the Provider, to extend its expiration date to September 30, 2002; and WHEREAS, to date, the expenditures for the project total $69,199.83, with the remaining $230,800.17 being available for continuation of the project for hard costs only; and WHEREAS, the parties now wish to amend the aforementioned Agreement to extend the expiration date to September 30, 2003; and WHEREAS, these Amendments do not change ,the purpose, scope, location or beneficiaries of these activities as reflected in the City's One-Year Action Plan for Federal Funds for Fiscal Year 2001-2002. NOW, THEREFORE, the Agreement is hereby amended as follows: (1) The term of this Amendment to the Agreement is subject to the approval of the Mayor and City Commission; This Program shall continue as operational as of October 1, 2002 and shall be completed by September 30, 2003. The term specified herein may be subject to any applicable term restrictions and limitations prescribed by HUD, and/or as may be otherwise prescribed herein. (2) All other terms and conditions of the Agreement between the City and the Provider shall remain the same in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to the Agreement to be executed by their duly authorized officials on the day first above indicated. ATTEST: d[TY CLERK T~'Y OF~AMI BEACH, FLORIDA MIAMI BEACH COMMUNITY DEVELOPMENT CORPORATION ~TORY NAME AND TITLE OF AUTHORIZED SIGNATORY APPROVEDASTO FORM &LANGUAGE &FOREXECUTION