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HomeMy WebLinkAboutFIRST AMENDMENT TO MEMORANDUM OF UNDERSTANDING MAY PARK ORIGINAL FIRST AMENDMENT TO MEMORANDUM OF UNDERSTANDING May Park 622 Fourth Street Augusta, Georgia Year 2005 Community Development Block Grant (CDBG) Program January 1, 2005 - December 31,2005 This First Amendment to the Memorandum of Understanding (MOU) executed by and between the Parties on January 1,2005 is made and entered into on the 10th day of July. 2007. by and between AUGUSTA, GEORGIA, (hereinafter referred to as "GRANTEE") and the Augusta-Richmond County Recreation Department (hereinafter referred to as the "SUBRECIPIENT"). WHEREAS, GRANTEE desires to amend the ORIGINAL MEMORANDUM OF UNDERSTANDING to allow the SUB-RECIPIENT to effectively and efficiently administer its MAY PARK PROJECT; WHEREAS, SUB-RECIPIENT has determined that this amendment is in its best interest and has agreed to the said amendment; NOW THEREFORE, 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 SUB-RECIPIENT agree to amend said MEMORANDUM OF UNDERSTANDING as follows: (1) I. Paragraph (4) of the Original Memorandum of Understanding shall be stricken in its entirety and shall be replaced with the following language: GRANT FUNDS "Funding for this Project has been approved by the Augusta- Richmond County Commission and the U.S. Department of Housing and Urban Development in the amount of $150,000.00. Any costs exceeding the grant amount will be the responsibility of the SUB-RECIPIENT. The GRANTEE shall be responsible for paying the contractor for work performed under this MOU for the SUB-RECIPIENT." 1 (2) "On January 1, 2005 Commission approved a CDBG in the amount of $75,000. The amount of funds already expended to date is $13,237.60. On July 10, 2007 Commission approved an additional CDBG in the amount of $50,000. The total amount funded is $125,000.00. Total construction cost and grant amount awarded: $125,000.00. Source of Funds Community Development Block Grant CDBG #05031 Amount $75,000.00 Additional$so,ooowas approved 07jl0j2007from roe ectsbelow Re ro rammed Funds CDBG $50,000.00 Total Grant Amount: $125,000.00 SIGNATURES FOLLOWING THIS PAGE 2 APPROVED: JIfJ/ / ~4it rt$ ~ L)/. .' [L / David S. Copenhaver - As its Mayor ATIEST: SEAL ':4~~#;;~4..~..."tt:~ ~-~CHMOND"'~ll~., .;;r ~ ...00........ 0.. .",~ IflI" ~\' ",.. ... () Wcl. ;' 4:;;'" , .- ..... ~ ,.~ rS?o..fI ~A' ;.:~,).. .. .~a p .. II ~ , t _ ~ .. .... '" "'l.\:ii ....[1 " Lena J. B ' ner ;n(, ".l' if ~ .4; H Clerk of Com~ission '''''''''''''cc;;';;;:;'' ~~ Chester A. Wheeler, III Director Augusta- Richmond County Housing and Community Development Department Augusta, Georgia ~.. f__ , l~-~ Tom F. Beck, Jr., Dire or Augusta-Richmond C unty Recreation Department Augusta, Georgia Date: flit! 1 Date: Date: 3 7jltf/IJ1 71ft