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HomeMy WebLinkAboutAsian Business Institute & Resource Center - Small Business Relief - 1st Amdt. - 20201 FIRST AMENDMENT TO GRANT AGREEMENT BETWEEN THE CITY OF FRESNO AND ASIAN BUSINESS INSTITUTE & RESOURCE CENTER REGARDING SMALL BUSINESS RELIEF THIS FIRST AMENDMENT TO GRANT AGREEMENT (Amendment) is effective as of December 31, 2020, and amends the Grant Agreement between the CITY OF FRESNO, a municipal corporation (CITY), and ASIAN BUSINESS INSTITUTE & RESOURCE CENTER, a California nonprofit corporation (GRANTEE). RECITALS A. CITY and GRANTEE entered into the Grant Agreement effective September 24, 2020, related to providing funding for outreach, education, and assistance to small Southeast Asian businesses within the Southeast, Central and Southwest areas of the City of Fresno related to the COVID-19 pandemic. B. CITY and GRANTEE now desire to modify the Agreement by extending the timeline for performance as set forth below. AGREEMENT NOW, THEREFORE, in consideration of the above recitals, which recitals are contractual in nature, the mutual promises herein contained, and for other good and valuable consideration hereby acknowledged, the parties agree that the aforesaid agreement be amended as follows: 1. Term. The term of the Grant Agreement shall be extended through December 31, 2021. 2. Effect of Amendment. Except as expressly modified by this Amendment, the Agreement is hereby reaffirmed and ratified. In the event of any conflict between the Agreement and this Amendment, this Amendment shall control. [Signatures follow on the next page.] DocuSign Envelope ID: 0C399AAD-EFE5-4C52-862D-AB62DD05C6D8 2 IN WITNESS WHEREOF, the parties have executed this Agreement on the date set forth above. CITY OF FRESNO, a California municipal corporation By: Thomas C. Esqueda City Manager APPROVED AS TO FORM: DOUGLAS T. SLOAN City Attorney By: Raj Singh Badhesha Date Supervising Deputy City Attorney ATTEST: YVONNE SPENCE, CRM MMC City Clerk By: Deputy ASIAN BUSINESS INSITUTE & RESOURCE CENTER, a California nonprofit corporation By: Name: Title: (If corporation or LLC., Board Chair, Pres. or Vice Pres.) By: Name: Title: (If corporation or LLC., CFO, Treasurer, Secretary or Assistant Secretary) DocuSign Envelope ID: 0C399AAD-EFE5-4C52-862D-AB62DD05C6D8 Executive Director Blong Xiong Kee Xiong Vice Chair-person/Secretary 1/22/2021 1/22/2021