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HomeMy WebLinkAboutExhibit 2AMENDMENT #1 This Amendment to that Special Grant Agreement ("Agreement") between the City of Miami, a municipal corporation of the State of Florida ("CITY") and Rafael Hernandez Housing and Economic Development Corp. a Florida not-for-profit corporation ("SUB -RECIPIENT"), dated May 22, 2008, is entered into this day of 12009. RECITAL WHEREAS, the SUB -RECIPIENT is eligible to receive financial assistance from the Community Development Block Grant program ("CDBG Program") to undertake activities eligible for such assistance under Title I of the Housing and Community Development Act of 1974 (the "ACT").-, and WHEREAS, the CITY Commission, by Resolution No. 08-0123 adopted March 13, 2008, allocated funds and awarded a grant to SUB -RECIPIENT in the total amount of two hundred twenty five thousand three hundred and fifteen dollars ($225,315.00) for the exterior rehabilitation of the buildings for the businesses located at 5901-09 N.E. 2nd Avenue, 5911 N.E. 2nd Avenue and 5921 N.E. 2nd Avenue better known as The Little Haiti Commercial Rehabilitation Project ("PROJECT"); and WHEREAS, the CITY Commission adopted Resolution No. on January 2009, wherein SUB -RECIPIENT was awarded an additional fifty thousand dollars ($50,000.00) in CDBG funds to be used for the PROJECT; and WHEREAS, all the funds are subject to the same terms and conditions contained in the Agreement; NOW, THEREFORE, in consideration of the foregoing, the CITY and SUB - RECIPIENT hereby agree to amend the Agreement as follows: 1. The maximum compensation authorized under this contract is increased to two hundred seventy-five thousand three hundred fifteen dollars ($275,315.00). 2. EXHIBIT C of the Agreement (Compensation and Budget Summary) is amended to the new exhibit C attached to this Amendment 2se IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their respective officials thereunto duly authorized on the date above written. ATTEST: Name Date Name: Title Title: ATTEST: Priscilla A. Thompson Date City Clerk APPROVED AS TO INSURANCE REQUIREMENTS LeeAnn Brehm Date Risk Management SUB -RECIPIENT Rafael Hernandez Housing & Economic Development Corp. a Florida not-for-profit corporation 2400 N. Miami Avenue Miami, Florida 33127 CORPORATE SEAL: Date CITY OF MIAMI, a municipal Corporation of the State of Florida Pedro G. Hernandez City Manager APPROVED AS TO FORM AND CORRECTNESS: Julie O. Bru City Attorney Date Date EXHIBIT C — COMPENSATION AND BUDGET SUMMARY A. The CITY shall pay the SUB -RECIPIENT, as maximum compensation for the services required pursuant to this Agreement the sum of $225,315.00. B. During the term hereof and for a period of Five (5) years following the date of the last payment made hereunder, the CITY shall have the right to review and audit the time records and related records of the SUB -RECIPIENT pertaining to any payments by the CITY. C. Requests for payment should be made following the procedures stipulated in Exhibit D — Disbursement Procedures. D. SUB-RECIPIENT's and PROJECT Itemized Budgets, Cost Allocations, Budget Narratives, Staff Salaries Schedule are attached hereto and made part of this contract. The budgets shall list in detail all the all the costs for the PROJECT including but not limited to technical assistance, rehabilitation cost, architecture, advertisement, permits, and signs. E. The SUB -RECIPIENT must submit the final request for payment to the CITY within 30 calendar days following the expiration date or termination date of this Agreement in a form provided by the Department. If the SUB -RECIPIENT fails to comply with this requirement, the SUB -RECIPIENT shall forfeit all rights to payment and the CITY shall not honor any request submitted thereafter. E. Any payment due under this Agreement may be withheld pending the receipt and approval by the CITY of all reports due from the SUB -RECIPIENT as a part of this Agreement and any modifications thereto. Executive Director Date