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HomeMy WebLinkAboutFresno Business Council-San Joaquin Vly Mfg Alliance First Amendment To Agreement - 12-15-231 FIRST AMENDMENT TO AGREEMENT THIS FIRST AMENDMENT TO GRANT AGREEMENT (Amendment) is effective as of _________________, 2023, (the Effective Date) and amends the Grant Agreement to provide funding to create a research and development center for manufacturing, provide for internship and externship opportunities for students and faculty and build upon current SJVMA resources to grow the manufacturing industry between the City of Fresno, a California municipal corporation (the CITY), and Fresno Business Council/San Joaquin Valley Manufacturing Alliance, a California Non-profit Corporation (GRANTEE). RECITALS A. The CITY and GRANTEE are parties to that certain Grant Agreement dated January 4, 2023 (the Agreement); to provide funding to create a research and development center for manufacturing, provide for internship and externship opportunities for students and faculty and build upon current SJVMA resources to grow the manufacturing industry. B. Pursuant to the Agreement, the CITY has issued to GRANTEE Program Funds in relation to a research and development center, internship/externship opportunities and resources to grow the manufacturing industry utilizing American Rescue Plan Act (ARPA) funding. C. The CITY and GRANTEE now desire to extend the term of the Agreement 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 May 4, 2024: 1. Term. The term of the Agreement expires on May 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: B7A3965C-B1AC-43F4-8A01-9D544B1B1167 December 15 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 M. Karst Date Senior Deputy City Attorney ATTEST: TODD STERMER, CMC City Clerk By: Deputy Date FRESNO BUSINESS COUNCIL/SAN JOAQUIN VALLEY MANUFACTURING ALLIANCE, 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: B7A3965C-B1AC-43F4-8A01-9D544B1B1167 Genelle Taylor Kumpe COO Deborah Nankivell CEO 12/15/2023 12/15/2023 12/15/2023 Tina Your