HomeMy WebLinkAboutCentral California Land Trust First Amendment to Agreement- 10-31-2024Docusign Envelope ID: B73F5CD8-C2E9-4020-B18C-7FEC491313CA
FIRST AMENDMENT TO AGREEMENT
THIS FIRST AMENDMENT TO AGREEMENT (Amendment) made and entered
into effect the 31 st day of October 2024, (Effective Date) by and between the City of
Fresno, a California municipal corporation (City), and Central California Land Trust, a
California nonprofit Public Benefit Corporation (Developer).
RECITALS
WHEREAS, the City and Developer entered into a State and Local Fiscal Recovery
Funds (SLFRF) Agreement (Agreement), effective November 30, 2022, to complete a
feasibility study to determine how the Developer can support community efforts to ensure
increased opportunities for affordable home ownership as well as an implementing
business plan (Project); and
WHEREAS, to ensure City and Developer have sufficient time to complete all
Scope of Work requirements for the Project, the City and Developer now desire to extend
the Agreement term through December 31, 2026.
AGREEMENT
NOW, THEREFORE, in consideration of the above recitals, which recitals are
contractual in nature, the mutual premises herein contained, and for other good and
valuable consideration hereby acknowledge, the parties agree that the aforesaid
Agreement be amended as follows:
1. The term of the Agreement is extended to December 31, 2026.
2. In the event of any conflict between the body of this Amendment and any
Exhibit or Attachment hereto, the terms and conditions of the body of this Amendment
shall control and take precedence over the terms and conditions expressed within the
Exhibit or Attachment. Furthermore, any terms or conditions contained within any Exhibit
or Attachment hereto which purport to modify the allocation of risk between the Parties,
provided for within the body of this Amendment, shall be null and void.
3. Except as otherwise provided herein, the Agreement entered into by the
City and the Developer on November 3, 2022, remains in full force and effect.
[SIGNATURE PAGE TO FOLLOW]
419155v1
Docusign Envelope ID: B73F5CD8-C2E9-4020-B18C-7FEC491313CA
IN WITNESS WHEREOF, the parties have executed this Amendment in Fresno,
California, the day and year first above written.
CITY OF FRESNO,
a California municipal corporation
DnCuSigned by:
By: _
Ge ann", ilWhite
City Manager
Date:
2/11/2025
APPROVED AS TO FORM:
ANDREW JANZ
City Attorney
Signed by:
By.
Tra"zoVam,anian
Assistant City Attorney
Date:
2/5/2025
ATTEST:
TODD STERMER, CMC
City Clerk
By
Name:
Deputy VAO-r
Date: 2-
Attachments:
CENTRAL CALIFORNIA LAND TRUST
a California Nonprofit Public Benefit Corporation
Loauftned by:
By:
Name:i~rker
Title: Board Chair
(Attach a notary certificate of acknowledgment)
DocuSigned by:
By:
Name: r
Title: Treasurer
(Attach a notary certificate of acknowledgment)
419155v1