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go/dZvlxol3 <br /> � o Z3 ! 6 � <br /> AMENDED AND RE - STATED AGREEMENT BETWEEN <br /> Indian River County [ Grantee ] <br /> AND <br /> Indian River Habitat for Humanity [ Developer] <br /> FOR THE <br /> Neighborhood Stabilization Program 3 ( NSP3 ) <br /> THIS Amended and Re-stated Agreement, is entered this 20 day of August, 2013 by and <br /> between the NSP3 Grantee of Indian River County ( herein called "Grantee" ) and Indian River Habitat <br /> for Humanity ( herein called " Developer" ) . <br /> WHEREAS, Grantee was awarded a Neighborhood Stabilization Program 3 Community <br /> Development Block Grant ( CDBG ) (Contract # 1341 - UN42 -0022 ) from the U . S . Department of Housing <br /> and Urban Development ( HUD ), which provides for the purchase, rehabilitation, administration, and sale <br /> of foreclosed properties to eligible very low, low and moderate income families; and <br /> WHEREAS, on August 16, 2011 Grantee entered into an Agreement with Developer to carry out <br /> specific activities within Grantee' s NSP3 contract with HUD in accordance with applicable notices, <br /> regulations and guidance from HUD, and <br /> WHEREAS, on July 2 , 2013 Grantee and Developer entered into an amended and re-stated <br /> Agreement; <br /> WHEREAS, Grantee and Developer mutually agree to significant changes to the July 2, 2013 <br /> Agreement; <br /> NOW, THEREFORE, in consideration of the mutual promises and covenants, the parties agree to the <br /> following Amended and Re-stated Agreement : <br /> le SCOPE OF SERVICE <br /> Developer will be responsible for carrying out NSP3 activities in a manner satisfactory to Grantee and <br /> consistent with all standards required as a condition of providing these funds . Program activities will <br /> include the following uses and corresponding activities eligible under NSP3 : <br /> A . Developer Responsibilities <br /> 1 . This program activity involves the acquisition and development <br /> ( rehabilitation ) of residential property that has been foreclosed upon or abandoned, is <br /> 1 I Page Amended and Re- stated NSP3 Developer Agreement : August 20 , 2013 <br />