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SECOND AMENDMENT TO AGREEMENT ;;.. -' I I ..lo... SECOND AMENDMENT TO AGREEMENT THIS SECOND AMENDMENT TO AGREEMENT is made and entered into this /07H day of ~ , 1992, by and between the CITY OF CLEARWATER, FLORIDA, a~unicipal corporation, (the "City"), and CLEARWATER SHUFFLEBOARD CLUB, a Florida nonprofit corporation, located in Clearwater, Florida, (the "Club"), amending the Agreement between the parties dated October 22, 1987, as amended on July 14,1989 (the "Agreement"). WHEREAS, the City owns the Clearwater Shuffleboard property (the "Property") in the City of Clearwater, which Property is used by the Club; and WHEREAS, the Club has previously installed improvements to the thirteen shuffleboard courts (the "facil ity"), and now desires to install further improvements to the facility as described herein; now therefore, In consideration of the premises and of the faithful performance by each of the parties of the covenants and agreements between each other made, it is mutually agreed that the Agreement is hereby amended as follows: 1. Paragraphs 1 and 2 are amended to read: 1. The Club may replace the roof canopies CORstr~ct a roof canopy over 39 outdoor thirtccn shuffleboard courts at the Property, and may install siaing cORsistin~ of sliain~ ~lass winaows or Boors arol:lna tl:1c roof canElJ3Y, according to plans and specifications approved by the City, and upon completion of the canopy and siding improvements the Club shall continue to have a license to use the facility according to the provisions of this Agreement as amended and the prior Agreement between the parties dated July 24, 1981, which shall continue in full force and effect. 2. Followina review and approval of construction plans. the Citv will pav a cash donation of $12.500 and will lend $7.500 interest free to the Club. said loan beina added to the unpaid principle balance of the loans previouslv made bv the Citv to the Club. The Club shall continue pavina the loans to the citv in annual pavments of $2.500 on or before September 1 of each vear. with the final pavment now beina due on September 1. 1999. In addition. the Club shall also supplv approximatelv $6.000 in cash toward the canopv project. as necessarv to pav the balance of the actual costs of the work to be performed. (!Br (!(!,,' ~ ~ 71l~ 00-/.::<:(. , /- ". C. FollowiR~ rovie~ aR~ a~~roval of cORstryctioR plaAs tRe City will for,^,ar~ a sypplemcRtal paymcAt sf $15,000 for tRc siEliA~, iA ad~itioR te tRe $17,500 paid by tRc City to thc Cl~b for thc roof caAopy prejcct. Thc Cl~b sRall rcpay tRe City $12,500 over a fivc ycar pcried, iAtcrcst frec, plys $10,000 iA a s~pplemeRtal fo~r year pcriod, iRterest free, iR aAAyal paymeAts sf $2,500 f:>er year. PaymcRts shall hemaElc SA or bcfsrc SCf:>tembcr 1 of eacR ycar with tRe first paymcAt bciRg ~~c OR SCf:>tembcr 1, 1988, wRich paymcRt Ras bceR ma~e to tRo City.Thc sccoRd paymcRt shall bc d~e OR Septcmbcr 1, 1989, aAd tAc fiAal paymcAt shall bc 8YC OR Scptcmbcr 1, 1996. 2. All of the terms and conditions of the Agreement which are not expressly amended herein shall continue in full force and effect, and are incorporated herein by reference as if set forth in full. Rita Garvey Mayor-Commissioner CITY OF CLEARWATER, FLORIDA By: Approved as to correctness: Attest: ~~ M. A. Galbraith, City Attorney _ rf,. Q I ~.-- Goudeau CLEARWATER SHUFFLEBOARD CLUB By:tfl>>d1/4- dU'1Jf ~ President 2