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HomeMy WebLinkAboutExhibitAMENDMENT #3 This Amendment to the Community Development Block ("CDBG") Grant Special Economic Development Agreement between the City of Miami, a municipal corporation of the State of Florida ("City"), and Tarpun Bay USA, Inc. ("Sub -recipient") dated August 10, 2005 (the "Agreement") is entered into this day of 2008. RECITAL WHEREAS, pursuant to Resolution No. 05-0291, passed and adopted by the City of Miami Commission on May 12, 2005, 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 $90,000.00 (Ninety Thousand Dollars) to create and maintain six (6) new jobs for residents of Little Haiti/District 5 area; and WHEREAS, Resolution No. 01-632, passed and adopted by the City of Miami Commission on July 10, 2001, allows for automatic roll over awards for multi -year projects funded by the CDBG Programs; and WHEREAS, Resolution No. 05-0682, passed and adopted by the City of Miami Commission on November 17, 2005, authorizes the extension and rollover of these funds; and WHEREAS, Resolution No. 06-0650, passed and adopted by the City of Miami Commission on November 9, 2006, authorized the- transfer of Seventy Thousand Dollars ($70,000) from this project; and WHEREAS, Resolution No. 06-0713, passed and adopted by the City of Miami • Commission on December 13, 2006, approved Seventy Thousand Dollars ($70,000) to completed for the rehabilitation of a building to open a restaurant that would result in the creation of 6 jobs for low to moderate income people in the Little Haiti area; and WHEREAS, Resolution No. 07- 0695, passed and adopted by the City of Miami Commission on December 13, 2007, allows for automatic roll over awards for multi -year projects funded by the CDBG Programs; and WHEREAS, Resolution No. 08- , passed and adopted by the City of Miami Commission on November 13, 2008, authorizes the extension and rollover of these funds to September 30, 2009; and WHEREAS, all the funds are subject to the same teens and conditions contained in the Agreement; b7t) I 49O/ NOW, THEREFORE, in consideration of the foregoing, the City and Sub - recipient hereby agree to amend the Agreement as follows: 1. ARTICLE III, TERMS AND PROCEDURES; Section 3.2 Effective Date and Term is amended to read as follows: The Term of this Agreement shall end on September 30, 2009. 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) 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. ATTEST: SUBRECIPIENT Tarpun Bay USA, Inc. PO Box 370671 Miami, Florida 33137-0671 a Florida for profit corporation Corporate Secretary Date Officer's Name: 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 Julie O. Bru Administrator Risk Management City Attorney Date