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HomeMy WebLinkAboutExhibit 2AMENDMENT #3 This Amendment to that Agreement between the City of Miami, a municipal corporation of the State of Florida ("City") and One Art, Inc. ("Sub -recipient") dated September 13, 2006 (the "Agreement") is entered into this day of , 2008. RECITAL WHEREAS, pursuant to Resolution No. R-06-0371, passed and adopted by the City of Miami Commission on June 8, 2006 the City and Sub -recipient, have heretofore entered into the Agreement which sets forth the terms and conditions pursuant to which the City provided Sub -recipient the sum of $100,000 (One hundred thousand dollars); and WHEREAS, the City and the Sub -recipient, on April 24, 2007, executed an Amendment to correct the retention and accessibility of records to meet HUD administrative requirements; and WHEREAS, the City and the Sub -recipient, executed an Amendment to extend the term of the contract and add a Declaration of Restrictive Covenant to said Agreement; and WHEREAS, the City Commission adopted Resolution No. on February 14, 2008 wherein Subrecipient was awarded an additional fifty thousand dollars ($50,000) for public facilities and improvements activities to be used for the rehabilitation of the visual and performing arts center located at 4111 N. Miami Avenue; 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 one hundred and fifty thousand dollars ($150,000). 2. EXHIBIT B of the Agreement (Work Program) is amended to the new Exhibit B attached to this Amendment. 3. EXHIBIT C of the Agreement (Compensation and Budget Summary) is amended to the new Exhibit C attached to this Amendment 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. SUBRECIPIENT One Art, Inc. 4111 N. Miami Avenue Miami, Florida 33127 a Florida not -for -profit corporation ATTEST: Name Date Name: Title Title: CORPORATE SEAL: Date ATTEST: CITY OF MIAMI, a municipal Corporation of the State of Florida Priscilla A. Thompson Date Pedro G. Hernandez Date City Clerk City Manager APPROVED AS TO APPROVED AS TO FORM AND INSURANCE REQUIREMENTS: CORRECTNESS: LeeAnn Brehm Date Jorge L. Fernandez Date Risk Management City Attorney EXHIBIT B — WORK PROGRAM Left blank intentionally To be provided by sub -recipient