04/09/2024 - Laserfiche WebLink

Home Browse Search

2. Three Million, Five Hundred Thousand . and No/100 Dollars ($3,500,000.00) for theproject described in Section 8.05(x19). {c) Section 8.03(b) of the Agreement is hereby amended by adding the %loving sentence pertaining to the Second Amendment VWork; "The Second Amendment Work, as dentifie d. -in :Sections 8.05(aX1$) and (19) above, shall be eligible for full reimbursement from the County from the Capital Reserve Account up to the amount of Five Hundred Severity Thousand and N*1100 Dollars. ($570,000.00) for theeject described in Section 8.05(al(18) and up to the amount. of Three Million, Five Hundred Thousand and No/1.00 Dollars ($3,500,000.00) for the project described inn Section 8.054)09)." (d) Any portion of the Second Amendment Fund Amount not utilized for the project for which it was allocated in accordance with Section 4(b) ofthis Second Amendment. shall be returned to the County. If the cosi of the Second Amendment Work exceeds the project amounts allocated in. Section 4(b) of -this Second Amendment, incise excess costs shall bre bome by Verotown. (e) Pursuant to Section 8.01 of the Agrnt and notwiths��anyt1iing to fine contrary contained. in the Agreement, the County hereby ,approves and guts to Verotown the Second Amendment. Fuad Amount to be used by Verotown to Worn the Second Amendment Work in accordance with the' teams: of this Second. Ameldment and such amount shall not be subject to any restriction outlined in Section 8.02 of the Agreement. Notwithstanding Section 8.01 of the Agreement, Ve�town is not required to obtain County's: approval in connection with the Second Ameodiriml Weak and Verotown's performance of any world associated therewith (including, without limitation, any, }dans, drawings, selected materials or design features); provided.; however, *At Vea+otown is required to obtain all necessary site plan approvals and building department permits as required by law. The provisions of Section 8.03 shall apply to disbursement of the Second Amendment Fund: Amount. 5. Executive Buddinn Ren& OpM. how Section: 8.04(b) of the Agreement is ,: amended b, deleting the re ference to "Executive Building°' therein.4t being a owledged and agreed to by the parties that County shall be ref erved of its obligation: to' replace the roof on the Executive Building. Section 16 Of the. First Ame ndment. to the Amended and Restated Facility Lease Agent is hereby deleted in its entirety, Section 11(iii).ofthe First Amendment to the Amended and Restated Facility Luse Agreement is hereby deleted in its entirety. 6. Additional Insurance. Section 17 of the First Amendment to the Amended and Restated Lease Agreement is hereby amended to :road as follows; "Until the commencement of; construction of the: Executive Building p"Ject der lu~d in Section 8.05(a)(19).or September eptember 1, 2023; whichever occtus sooner, in addition to the obligations set forth in Section 8,04(e) of the Agreement, tie: county agrees to reimburse Verotown up to One Hundred Thousand and No/100 Dollars ($)00,00 in documented _. 3