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HomeMy WebLinkAboutAsian Business Institute & Resource Center First Amendment To Agreement - 11-9-231 FIRST AMENDMENT TO AGREEMENT THIS FIRST AMENDMENT TO GRANT AGREEMENT (Amendment) is effective as of __________,2023, (the Effective Date) and amends the Grant Agreement for Business Outreach, Technical Assistance and the Crop Buyback Program between the City of Fresno, a California municipal corporation (CITY), and Asian Business Institute & Resource Center, a California Non-profit Corporation (GRANTEE). RECITALS A. CITY and GRANTEE are parties to that certain Grant Agreement for the Business Outreach, Technical Assistance and the Crop Buyback Program dated January 4, 2023 (the Agreement). B. Pursuant to the Agreement, the CITY has issued to GRANTEE Program Funds in relation to the Business Outreach, Technical Assistance and the Crop Buyback program utilizing American Rescue Plan Act (ARPA) funding; CITY and GRANTEE now desire to extend the term of the Agreement by five months in order to complete the implementation of the program and expend all allocated funding. 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 to extend to June 4, 2024: 1. Term. The term of the Agreement expire on June 4, 2024. 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. [SIGNATURE PAGE FOLLOWS] DocuSign Envelope ID: A6F50B8A-E543-40CF-B3A4-FF8AC11F3E14DocuSign Envelope ID: 4DABDAD1-AF5B-4B34-88E8-D3E638835E3B November 9 2 IN WITNESS WHEREOF, the parties have executed this Agreement on the date set forth above. CITY OF FRESNO, a California municipal corporation By: Georgeanne A. White City Manager APPROVED AS TO FORM: ANDREW JANZ City Attorney By: Angela Karst Date Senior Deputy City Attorney ATTEST: TODD STERMER, CMC City Clerk By: Deputy Date Asian Business Institute & Resource Center, a California Non-profit 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: A6F50B8A-E543-40CF-B3A4-FF8AC11F3E14 Kee Xiong Executive Director Board Chairperson Stanley Tom 11/9/2023 DocuSign Envelope ID: 4DABDAD1-AF5B-4B34-88E8-D3E638835E3B 11/9/2023 11/9/2023 Tina Your