Loading...
THIRD AMENDMENT TO AGREEMENT (~. (:.! , , I NST :JI: 92--153320 MAY 27, 1992 5:40PM PINELLAS COUNTY FLA. OFF.REC.BK 7920 PG 1653 THIRD AMENDMENT TO AGREEMENT liJoo70 C_oCL_ TH IS THIRD AMENDMENT TO AGREEMENT is made and entered into thi s ~oA la,~O__ day of 1J.~, 1989, by and between the CITY OF CLEARWATER, FLORIDA, a R. --municipal corporation hereinafter referred to as "City", and the CHI CHI ---RODRIGUEZ YOUTH FOUNDATION, INC., 1345 Court Street, Clearwater, Florida, (0 t S() 34616, he rei nafter referred to as "Foundat ion" . ::.:::: .......~: , , <-J ... u:: .... ,,: >- ~;:l:i <:: ....lQ ;:r.w :.: '-"'l ;..:..J . . ~LL. H .ll: Li-Ul ::> z ij~ : r-: ..... '-' ::cu <::w ~u:: WIT N E SSE T H: WHEREAS, the Foundation has constructed a publ ic golf course on City owned land located on the west side of the McMullen Booth Road pursuant to the Agreement between the parties dated November 12, 1985; and I/HEREAS, the Foundation plans to operate an environmental/vocational education and rehabilitation program for young people, which will be of benefit to the City; and HHEREAS, the Foundat i on has constructed all improvements wi th pri vate funds; and WHEREAS, the Foundation has requested and the City has agreed to provide financial assistance to pay/the transportation impact fees for the site; NOW THEREFORE, in consideration of the premises and of the covenants and agreements between the parties, it is mutually agreed as follows: 1. The Agreement is amended by adding a new Paragraph 36 to read: 36. The City shall loan the Foundation $45,440 at no interest with such funds to be used to pay the required transportation impact fee s . a. The total loan of $45,440 shall be repaid to the City by the 'Foundat ion in fi ve equal annual. payments of $9,088 per yea r, without interest. Payment shall be made on or before the 15th day of November of each year with the fi rst payment due on November 15, 1990, and the fi nal payment due on November 15, 1994. b. If the Foundat ion shoul d defaul tin the performance of its obligations hereunder, then the City of Clearwater shall furnish to the Foundation and to any creditor of the Foundation having a secured interest in the~asehold under this Agreement a notice in writing specifying the default and giving the Foundation thirty (30) days in which to correct the default. If the defau"lt is not corrected within thirty (30) days after giving this This' mstrument was prepared by: M, A. Galbraith, Jr. City Attorney City of Clearwater, P. O. Box ,17.18 Clearwater, FL 34613-.i74/l.. \. _ RETURN TO~ \J CITY CLERK POST OFFICE BOX 4748 CLEAR1Ml\TER. FI :iL1R1'L17.-l I .:/ - ...-- / r- -' ~'-. ~ '1 '..- ./ I , F' I NELL AS COUNTY FLA: OFF.REC.BK 792~ _~G_ ~6~4 not ice, then the City may termi nate thi s Agreement and immedi ately take possession of the leased property, and all improvements thereon shall become the property of the Ci ty, subject only to the ri ghts of a credi tor of the Foundation having a secured interest in the leasehold superior to the interest of the Ci ty, if any. 2. All other terms of the Agreement, including all prior amendments thereto, shall continue in full force and effect and are incorporated herein by reference as if set forth in full. IN WITNESS WHEREOF, the parties hereto have set their hands and seal the date first above written. CITY OF CLEARWATER, FLORIDA Attest: a........................~......:.:.....;i:...~....l....:.~.... . ~:-.. ~~,,\t: :'. ... . , ~'. " 1 ~ ,f ..: . ." Co Rbn.:+L : ~abun'v - ~ ,: :,n" ;: '_ \ ,'; ,:" ;.... .;,. C\!Y,:~anager r'_ W..~2"~...":, , - -. ..~. .... -.... '....... ...> ~ ''-, -~ ~-'..~, ,-! : .. - "- , . _ ,'~_'l. --~-~.ynd..'.'~.. '.. .0. u..g'.ft'~~y_......2 . . /' "GH y CJ-e l'R,': ..;' , .- "'-..: ~,..., ,,<.' .,j-' By: Rita Garvey Mayor-Commissio Approved as to form and correctness: JkL~ Milton A. Galbrait , Ci ty At torne CHI CHI RODRIGUEZ YOUTH FOUNDATION, INC. lfe,6.1~ By: Attest: \~it nes se s : c~~ ~..~ As to Chi Chi Rodriguez Youth Foundation, Inc.