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Amendment 10/01/1996-1999 \ AMENDMENT TO AGREEMENT This Amendment to the Interagency Cooperation Agreements, dated October I, 1996, October I, 1997, October I, 1998 and October I, 1999, between the CITY OF MIAMI BEACH COMMUNITYI ECONOMIC DEVELOPMENT DEPARTMENT, acting through and on behalf of the City of Miami Beach, having its principal office at 1700 Convention Center Drive, Miami Beach, Florida, hereinafter referred to as the "City," and CITY OF MIAMI BEACH COMMUNITY /ECONOMIC DEVELOPMENT DEPARTMENT, hereinafter referred to as the "Project Operator", is entered into this 18th day of October, 2000. WITNESSETH: WHEREAS, on September 17, 1999, the Mayor and City Commission, through Resolution Number 99.23284, authorized the Mayor and City Clerk to execute an Agreement between the City and the Project Operator, for CMB MULTI-FAMILY HOUSING REHABILITATION PROGRAM, in the amount of THREE HUNDRED THOUSAND DOLLARS ($300,000), for the provision of decent, safe and sanitary housing through matching grants or other financial inducements to rehabilitate multi-unit buildings, upgrade the existing housing stock and provide affordable housing opportunities; and WHEREAS, on September 9, 1998, the Mayor and City Commission, through Resolution Number 98-22868, authorized the Mayor and City Clerk to execute an Agreement between the City and the Project Operator, for CMB MULTI-FAMILY HOUSING REHABILITATION PROGRAM, in the amount of ONE HUNDRED AND SIX THOUSAND DOLLARS ($106,000), for the provision of decent, safe and sanitary housing through matching grants or other financial inducements to rehabilitate multi-unit buildings, upgrade the existing housing stock, and provide affordable housing opportunities; and WHEREAS, on September 24, 1997, the Mayor and City Commission, through Resolution Number 97-22525, authorized the Mayor and City Clerk to execute an Agreement between the City and the Project Operator, for CMB MULTI-FAMILY HOUSING REHABILITATION PROGRAM, in the amount of TWO HUNDRED AND SIXTY THOUSAND TWO HUNDRED DOLLARS ($260,200), for the provision of decent, safe and sanitary housing through matching grants or other financial inducements to rehabilitate multi-unit buildings, upgrade the existing housing stock, and provide affordable housing opportunities; and WHEREAS, on September 25, 1996, the Mayor and City Commission, through Resolution Number 96-22134, authorized the Mayor and City Clerk to execute an Agreement between the City and the Project Operator, for CMB MULTI-FAMILY HOUSING REHABILITATION PROGRAMS, in the amount of FOUR HUNDRED THOUSAND DOLLARS ($400,000), for the provision of decent, safe and sanitary housing through matching grants or other financial inducements to rehabilitate multi-unit buildings, upgrade the existing housing stock, and provide affordable housing opportunities; and WHEREAS, to date, the expenditures for the project for hard costs total $551,532, with the remaining $514,668 being available for continuation ofthe project for hard costs only; and WHEREAS, the parties now wish to amend the Agreement to extend the expiration date to September 30, 200 I; and WHEREAS, the Amendment does not change the purpose, scope, location or beneficiaries of this activity as reflected in the City's One- Year Action Plan for Federal Funds for Fiscal Year 1999/2000 or in the Agreement; and WHEREAS, All other terms and conditions ofthe Agreement between the City and the Project Operator shall remain the same in full force and effect. NOW, THEREFORE, Section II: "Term of the Agreement", of each Agreement is hereby amended to read as follows: Subject to the approval of this Agreement by the Mayor and City Commission, this Program shall become operational as of October I, 1996, and shall be completed by Seotember 30, 2001. 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. 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: THE CITY OF MIAMI BEACH, FLORIDA ~(J ~tUJv- ~A CITY CLE~ WITNESSES: . ~ MAYOR c~M.AM~MUNITY / ECONOMIC DEVELOPMENT DEPARTMENT #~ ~O~ JORGE M. GONZALEZ, CITY MAN~VED AS 10 FORM & LANGUAGE IICH2ISVSIDDHP\$ALLIL YSSETTEIACTPLAN\2000-01lcontractlAmendmentslMulti Family Amend.doc & FOR EXECUTION ~ (~ Deft