HomeMy WebLinkAboutExhibitAMENDMENT ONE TO LOCALLY FUNDED AGREEMENT
BETWEEN THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
AND THE CITY OF MIAMI
This Amendment One to that certain Locally Funded Agreement, executed on July 20, 2007 (the "Contract"),
incorporated herein by reference, between the City of Miami, a municipal corporation of the State of Florida ("CITY"), and
the State of Florida Department of Transportation, a component agency of the State of Florida ("DEPARTMENT'), for the
installation of landscape lighting on State Road (S.R.) 5/US 1 from NE 40"' Street to NE 50"' Street and decorative
sidewalk treatments on US 1/ S.R. 5 from NE 50th Street to NE 67th Street, programmed under Financial Project Number
250224-2-52-01 ("PROJECT"), is entered into this day of 20_.
RECITALS:
WHEREAS, the Contract was entered into by both parties pursuant to the approval of the DEPARTMENT and of
the CITY Commission by Resolution No. R-07-0361, adopted on June 14, 2007, in the total amount of Two Hundred
Nineteen Thousand Dollars ($219,000.00) for PROJECT landscape lighting and decorative sidewalk treatment costs; and
WHEREAS, it is necessary to modify the Financial Provisions, Section 3(e), to include the following: "All interest
accumulated in the escrow account shall remain in the account to be applied to any shortfall in PROJECT funding."; and
WHEREAS, the CITY Commission has adopted Resolution No. on 20_, to
approve the modification to the Financial Provisions, Section 3(e);
NOW, THEREFORE, for the considerations hereinafter set forth:
The Contract dated July 20, 2007, is hereby amended as follows:
Financial Provisions, Section 3(e), shall be modified to include: "All interest accumulated in the escrow
account shall remain in the account to be applied to any shortfall in PROJECT funding."
All other terms and conditions of the Contract are in effect and remain unchanged.
CITY OF MIAMI:
By:
City Manager
ATTEST:
(SEAL)
By:
City Clerk
LEGAL REVIEW
By:
City Attorney
STATE OF FLORIDA, DEPARTMENT OF
TRANSPORTATION:
By:
District Secretary
ATTEST:
(SEAL)
By:
Executive Secretary
LEGAL REVIEW:
By:
District Chief Counsel