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PY2011 CDBG Sub-Recipient Agreement with MDCFIRST ADDENDUM to SUBRECIPIENT AGREEMENT BETWEEN CITY OF MERIDIAN AND MERIDIAN DEVELOPMENT CORPORATION FOR PY 2011 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS This FIRST ADDENDUM to SUBRECIPIENT AGREEMENT BETWEEN CITY OF MERIDIANAND MERDIAN DEVELOPMENT CORPORATION FOR PY 2011 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS ("First Addendum") is made this ~~ day of December, 2012 by and between the City of Meridian, a municipal corporation organized under the laws of the State of Idaho ("City") and the Meridian Development Corporation, an urban renewal agency as established under Chapter 20, Title 50, Idaho Code ("Subrecipient"). WHEREAS, on or July 24, 2012, Subrecipient and City entered into a Subrecipient Agreement for PY2011 Community Development Block Grant Funds ("December 6, 2011 Agreement") establishing rights and responsibilities regazding the investment of Community Development Block Grant ("CDBG") funds in Subrecipient's programming; WHEREAS, Subrecipient requires additional time to complete such programming; NOW, THEREFORE, in consideration of the mutual covenants of the parties, the Parties agree as follows: I. An-IENnivIENT. Section I(F) of the July 24, 2012 Agreement between the parties shall be amended to read as follows: Time of performance. Services of Subrecipient shall start on or before July 25, 2012 and end on June 30, 2013. The term of this Agreement and the provisions herein shall be extended to cover any additional time period during which Subrecipient remains in control of CDBG funds or other CDBG assets, including program income. II. ALL OTHER PROVISIONS IN EFFECT. EXCept aS eXpTCSSly mOdlfied by this F1rSt Addendum Or Other duly executed addenda, all provisions of the December 6, 2011 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 December 6, 2011 Agreement or this First Addendum thereto. IN WITNESS WHEREOF, the parties shall cause this First Addendum to be executed by their duly authorized officers to be effective as of the day and year first above written. SUBRECIPIENT: Meridian Development Corporation By ie Pipal, Boazd hairman npTGn AUCU` CITY OF MERIDIAN: ~¢° sTr Tammy de erd u r `'"` ` ~ow~o y eeQ3~] Mayor °'~ SFAi Clerk eyrFe E°o u~ eAe i0.F ASAP