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HomeMy WebLinkAboutFIRST AMENDMENT AUGUSTA MINI THEATRE INC CDBG -~ ORIGINAL FIRST AMENDMENT CONTRACT BElWEEN AUGUSTA, GEORGIA & AUGUSTA MINI THEATRE, INC. COMMUNITY ARTS THEATRE COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) This First Amendment to the Contract executed by and between the Parties on January 1,2003, is made and entered into on the 17th day of July 2007, by and between AUGUSTA, GEORGIA, (hereinafter referred to as "GRANTEE"), and AUGUSTA MINI THEATRE, INC. (hereinafter referred to as the "SUBRECIPIENT"). WHEREAS, GRANTEE desires to amend the ORIGINAL CONTRACT to allow the SUB-RECIPIENT to effectively and efficiently administer its PROJECT; WHEREAS, SUBRECIPIENT has determined that this amendment is in its best interest and has agreed to the said amendment; NOW THERFORE, in exchange for their mutual good and valuable consideration, the receipt and sufficiency of which each PARTY acknowledges, and intending to be legally bound, GRANTEE and SUBRECIPIENT agree to amend said CONTRACT as follows: (1) 1. Paragraph (7) on the Original Contract shall be stricken in its entirety and shall be replaced with the following language: 7. COMPENSATION "The SUBRECIPEINT shall be paid a total consideration of $106,404.55 for the full performance of services specified under this Contract. Any cost above this amount shall be the sole responsibility of the Subrecipient. The Grantee shall be responsible for paying the contractor for work performed under this agreement for the Subrecipient." . ... (2) ,1 First Amendment Contract Between Augusta, Georgia & Augusta Mini Theatre, Inc. Community Development Block Grant Program Community Arts Theatre Page 2 of3 II. Appendix (C) shall be stricken in its entirety and shall be replaced with the following language: APPENDIX (C) "On April 18, 2006 Commission reprogrammed $22,000 from this project. On March 20, 2007 Commission approved a CDBG in the amount of $10,304.55. On July 17, 2007 Commission approved the transfer of the 2007 CDBG grant in the amount of $50,000 to this project. Total amount funded $106,404.55. See funding sources in chart below. Total construction cost and grant amounts awarded: $106,404.55" s~aai.HanaJlt1ran A roved March 20, 2007 10,304.55 Approved July 17, 2007 50,000.00 (2007 grant transferred to this ro' ect) Total Grant Amount: $106,404.55 (3) IlL Except for the modifications made by this First Amendment, the terms and conditions of the ORIGINAL CONTRACT, as previously amended, shall remain in full force and effect. SIGNATURES APPEAR ON THE FOLLOWING PAGE First Amendment Contract Between Augusta, Georgia & Augusta Mini Theatre, Inc. Community Development Block Grant Program, Community Arts Theatre '. Page 3 of3 IN WITNESS WHEREOF, the parties have set their hands and seals as of the date first written above. ATTEST: AUGUSTA. GEORGIA (Gra ee) ..~. ,~";~~~~~:::?;~"\, .ff ('~)' rft/",f) _ f}lil. ~1~' \'~", :: :..s~ ,,:i "~ 9 ;/ .... * ~ . ~ '~ ~~f!a \Cler~. 0 e" .\ fIf, :,. .8 'i~ 't!cS4!'l...'\C!C:iI,,,o .,qy' ~\14~: G~OnG\~ '*-~:.... l\~'>i'lJl:>~~~~l&.o >>zX By: t..- David S. Cope (As its Mayor) ATTEST: AUGUSTA MINI THEATRE. INC. (Subrecipient) SEAL By: /'~~~ D. ~ ~tewaY'l7d.n'~A-e 1) JlvrI"L€r (As its President) 1 , S_oJ . T. ~e Cr4W~rd (As its COFPorate Secretary) ~)~ ltness)