FIRST AMENDMENT TO FOOD AND DRINK BUSINESS TENANT GRANT PROGRAM - LOAN TO GRANT AGREEMENT (2)FIRST AMENDMENT TO FOOD AND DRINK BUSINESS TENANT GRANT
PROGRAM
LOAN -TO -GRANT AGREEMENT
432 CLEVELAND STREET, CLEARWATER, FL 33755
FOURCEE LLC, D/B/A BLACK BRICK TAVERN & KITCHEN
THIS FIRST AMENDMENT TO FOOD AND DRINK BUSINESS TENANT GRANT
PROGRAM LOAN -TO -GRANT AGREEMENT, entered into this 9&"`c day of
, 2019, by and between the Community Redevelopment Agency of the City
of Clearwater, Florida (hereafter "CRA"), whose address is P.O. Box 4748, Clearwater,
Florida 33758-4748, a public body corporate and politic of the State of Florida, and
Fourcee LLC, d/b/a Black Brick Tavern & Kitchen whose address is 432 Cleveland St.,
Clearwater, FL 33755 (hereinafter "Borrower").
WITNESSETH
WHEREAS, the CRA and the Borrower entered into a Food and Drink Business
Tenant Grant Program Loan -to -Grant Agreement ("the Agreement") on February 11,
2019; and
WHEREAS, the parties now desired to amend certain provisions of the Agreement
on the terms and conditions contained here;
NOW THEREFORE, in consideration of the premises, the mutual covenants, and
promises contained herein, and other good and valuable consideration, the Borrower
and the CRA agree and covenant each with the other as follows:
Section 1. Section B "Program Funding," Paragraph 3 of the Agreement is
amended to read as follows:
Loan funds will not be disbursed until Borrower obtains a Final Certificate of
Occupancy and the proposed restaurant use is open for business. However, if
Borrower does not obtain a Final Certificate of Occupancy and the proposed restaurant
is not open for business by October 1, 2019, Borrower agrees that this agreement shall
become null and void and that no loan funds shall be disbursed to Borrower.
Section 2. Section D "Default by Borrower," Paragraph 2 of the Agreement is
amended to read as follows:
Borrower's failure to obtain a Final Certificate of Occupancy or to open the
proposed restaurant for business by October 1, 2019.
Section 3. All terms and provisions of the Agreement not modified, changed,
or amended hereby shall remain in full force and effect.
IN WITNESS WHEREOF, the Borrower and CRA have executed or caused these
presents to be executed by its respective authorized representatives to be effective as
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of the day and year first above written. This Amendment is executed in two original
copies of which one is to be delivered to the Borrower and one to the CRA.
Approved as to form:
Michael P. Fuino
CRA Attorney
BORROWER: Fourcee LLC
By:
COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF CLEARWATER, FLORIDA
--c,eo'ce41Crc'tk�s
By:
George N. Cretekos
Chairperson
Attest: ;<<,P NNATE7.4
0th/ ; �seRA7E
!Rosemarie CaII 'A
Clearwater City Clerk <G�''••. • ti?
„4jumnnnnlo-
agaa
Its Member -Manager
STATE OF FLORIDA ]
COUNTY OF PINELLAS ]
The foregoing instrument was acknowledged before me this rday of � O ' Bill
Lagamba, who is personally known to me or who has produced a driver's license as
identification.
My Commission expires:
Notary Public
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