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City of Meridian and MDC Comunity Block Grant FundsSECOND AMENDMENT TO SUBRECIPIENT AGREEMENT BETWEEN CITY OF MERIDIAN AND MERIDIAN DEVELOPMENT CORPORATION FOR PY 2016 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS This SECOND AMENDMENT TO SUBRECIPIENT AGREEMENT BETWEEN CITY OF MERIDIAN AND MERIDIAN DEVELOPMENT CORPORATION FOR PY 2016 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS is entered into this , c _ day of December, 2017 by and between the City of Meridian, a municipal corporation organized under the laws of the state of Idaho ("City") and Meridian Development Corporation, an urban renewal agency established under the laws of the state of Idaho ("Subrecipient"). WHEREAS, on April 26th, 2017, City and Subrecipient entered into a "Subrecipient Agreement Between City of Meridian and Ada County Housing Authority for PY2016 Community Development Block Grant Funds " ("April 26, 2017 Agreement"), a cooperative agreement for the investment of Community Development Block Grant ("CDBG") funds from Program Year 2016 (PY16); and WHEREAS, Subrecipient needs more time, to complete the activities funded by CDBG funds; NOW, THEREFORE, in consideration of the mutual covenants of the parties contained herein and in the April 26, 2017 Agreement, the Parties agree as follows: I. Provision modified — Title. Title of the April 27, 2017 Agreement shall be amended to read as follows: SubrecipientAgreement Between City of Meridian and Meridian Development Corporation for PY 2016 Community Development Block Grant Funds. II. Provision modified — Time of performance. Section LF of the April 27, 2017 Agreement shall be amended to read as follows: F. Time of Performance. This Agreement shall become effective as of the Effective Date upon execution by both parties, and shall expire on March 31, 2018, unless earlier terminated or mutually extended by separate written agreement. III.Provision modified — Draw Requests. Section II.C.5 of the April 27, 2017 Agreement shall be amended to read as follows: C. Draw Requests. It is expressly agreed and understood that the total amount to be paid by City under this Agreement shall not exceed sixty thousand dollars ($60,000). Drawdowns for the payment of eligible expenses shall be made against the activity specified, in accordance with performance and as expenses are incurred by Subrecipient. Draw requests shall only be accepted on official City and/or HUD forms and must be completed in full to be processed. All draw requests are to be submitted as needed, but no more than one per month and in coordination with the CDBG Administrator. Draw requests shall include the following: draw request form; progress report; beneficiary income eligibility documentation; transaction detail, HUD -1, and related summary information; and proof of payment by Subrecipient. Final draw under this Agreement will be submitted by Subrecipient no later than March 15, 2018 unless otherwise agreed in writing. SECOND AMENDMENT TO PY 16 SUBRECIPIENT AGREEMENT- MERIDIAN DEVELOPMENT CORPORATION PAGE 1 OF 2 IV. All other provisions in effect. Except as expressly modified by this Second Amendment or other duly executed addenda, all provisions of the April 27, 2017 Agreement shall remain in full force and effect. No other understanding, whether oral or written, shall be deemed to enlarge, limit or otherwise affect the operation of the April 27, 2017 Agreement or this Second Amendment thereto. IN WITNESS WHEREOF, the parties shall cause this Second Amendment to be executed by their duly authorized officers to be effective as of the day and year first above written. SUBRECIPIENT: Meridian Development Corporation t k "-, it2A.,JI AL_�� B : Dan Basalone, hairman CITY: City of Meridian By: Tammy/dq�Weerd, Mayor ED AUGUS Attest: T ('ity of s "N1Ho y Co1�City Cleric SEAL SECOND AMENDMENT TO PY 16 SUBRECIPIENT AGREEMENT—MERIDIAN DEVELOPMENT CORPORATION PAGE 2 OP 2