HomeMy WebLinkAboutExhibit 4AMENDMENT #1
This Amendment # 1 to the Agreement between the City of Miami, a municipal
corporation of the State of Florida ("City") and ("Subrecipient') dated
(the "Agreement") is entered into this day of , 2007.
RECITAL
WHEREAS, the City and Sub -recipient, have heretofore entered into the Agreement
which sets forth the terms and conditions pursuant to which the City provided Subrecipient the
sum of thousand dollars ($ ) for Micro Enterprise activities as authorized by the City
Commission through Resolution on ; and
WHEREAS, the City Commission adopted Resolution No. on September 11,
2007 wherein Subrecipient was given an additional sum of thousand dollars
for micro -enterprise assistance to low to moderate income business owners; and
WHEREAS, except as amended below, all contract funds are subject to the same terms
and conditions as contained in the Agreement; and
NOW, THEREFORE, in consideration of the foregoing, the City and Sub -recipient
hereby agree to amend the Agreement as follows:
I. The maximum compensation authorized under this contract is increased to
($ )•
II. Section 3.2 EFFECTIVE DATE AND TERM is amended as follows:
This agreement shall end on
III. ARTICLE IV CDBG FUNDING AND DISBURSEMENT REQUIREMENTS;
Section 4.3 is removed and replaced by the Section listed below:
4.3 FINANCIAL ACCOUNTABILITY:
The CITY reserves the right to audit the records of the SUBRECIPIENT at any
time during the performance of this Agreement and for a period of four (4)
years after its expiration/termination. The SUBRECIPIENT agrees to provide
all financial and other applicable records and documentation of services to the
CITY. Any payment made shall be subject to reduction for amounts included in
the related invoice which are found by the CITY, on the basis of such audit and
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at its sole discretion, not to constitute reasonable and necessary expenditures.
Any payments made to the SUBRECIPIENT are subject to reduction for
overpayments on previously submitted invoices.
IV. ARTICLE VI REPORTS AND RECORDS; Section 6.2.1 Retention and
Accessibility of Records is removed and replaced by the Section listed below:
6.2.1
The Department shall have the authority to review the SUBRECIPIENT'S
records, including Project and' programmatic records and books of account, for a
period of four (4) years from' the expiration/termination of this Agreement (the
"Retention Period"). All books of account and supporting documentation shall be
kept by the SUBRECIPIENT at least until the expiration of the Retention Period.
The SUBRECIPIENT shall maintain records sufficient to meet the requirements
of 24 CFR 570. All records, and reports required herein shall be retained and
made accessible as provided thereunder. The SUBRECIPIENT further agrees to
abide by Chapter 119, Florida Statutes, as the same may be amended from time to
time, pertaining to public records.
The SUBRECIPIENT shall ensure that the Agreement Records shall be at all
times subject to and available for full access and review, inspection and audit by
the CITY, federal personnel and any other personnel duly authorized by the
CITY.
V. Exhibit B — Work Program is removed and replaced with a new Exhibit B attached to
this amendment.
VI. Exhibit C — Compensation and Budget Summary is removed and replaced with a new
Exhibit C attached to this amendment.
IN WITNESS THEREOF, the City and Subrecipient have caused this instrument to be
executed by their respective officials as of the date of the first above written.
SUBRECIPIENT
Business
Address
Miami, FL
ATTEST:
Name:
Title
Date
By:
Name:
Title:
CORPORATE SEAL:
D ate
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ATTEST: CITY OF MIAMI,' a municipal Corporation
of the State of Florida
By: By:
Priscilla A. Thompson Date ; Pedro G. Hernandez Date
City Clerk City Manager
APPROVED AS TO APPROVED AS TO INSURANCE
FORM AND CORRECTNESS: REQUIREMENTS:.
By: By:
Jorge L. Fernandez Date 1 LeeAnn Brehm Date
City Attorney J Risk Management
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