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Last modified
3/5/2021 12:26:32 PM
Creation date
10/14/2020 11:59:44 AM
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Template:
Official Documents
Official Document Type
Amendment
Approved Date
10/06/2020
Control Number
2020-215
Agenda Item Number
12.A.1.
Entity Name
Florida Housing Finance Corporation (FHFC)
Subject
Amendment 1 to Coronavirus Relief Fund Agreement 064-2020
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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />FIRST AMENDMENT <br />TO AGREEMENT NUMBER 064-2020 <br />THIS FIRST AMENDMENT ("Amendment') to AGREEMENT NUMBER 064- <br />2020 is entered into and effective as of October 1, 2020, ("Effective Date") by and between <br />FLORIDA HOUSING FINANCE CORPORATION, a public corporation and a public <br />body corporate and politic ("Florida Housing"), and INDIAN RIVER COUNTY BOARD <br />OF COUNTY COMMISSIONERS ("Subrecipient"). <br />RECITALS <br />A. Florida Housing and Subrecipient entered into Contract Number 064-2020, dated <br />August 21, 2020, ("Contract') wherein Subrecipient agreed to participate in the <br />Coronavirus Relief Fund Program. As used herein, "Agreement' shall include within <br />its meaning any modification or amendment to the Agreement. <br />B. The term of the Contract began on August 21, 2020 and ends March 31, 2021. <br />C. Section C.2. of the Agreement provides for a potential second disbursement of funds <br />on or before October 1, 2020 for Subrecipients who meet the requirements of this <br />Agreement and are satisfactorily performing. <br />AGREEMENT <br />NOW THEREFORE, in consideration of the terms and conditions contained in the <br />Contract and this Amendment, and other good and valuable consideration, the receipt and <br />sufficiency of which is hereby acknowledged, the parties agree as follows: <br />A. Effective Date; Recitals. Upon its execution by both parties, this Amendment shall <br />be effective as of October 1, 2020. The above recitals are true and correct and form a part <br />of this Amendment. <br />B. Amendments. The Agreement is hereby amended to: <br />Add a definition for Technical Bulletin as a new Section B.11. <br />11. "Technical Bulletin" or "TB" means any technical assistance document that <br />Florida Housing issues to explain updated processes, provisions or monitoring <br />requirements as Florida Housing receives updates, clarification and additional <br />guidance with respect to the CRF funds. <br />2. Delete Section C.1. in its entirety and replace with the following: <br />1. Amount of Funds Available to Subrecipient: The total funds made available <br />to Subrecipient under this Agreement is up to $873,220.00. <br />First Amendment <br />Agreement #064-2020 <br />
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