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FIRST AMENDMENT TO THE BUINESS RENOVATION GRANT PROGRAM AGREEMENTFIRST AMENDMENT TO THE BUSINESS RENOVATION GRANT PROGRAM AGREEMENT THIS FIRST AMENDMENT TO THE BUSINESS RENOVATION RANT PROGRAM AGREEMENT ("Amendment"), entered into this 93'4 day of , 2024, by and between the Community Redevelopment Agency of the City of Clearwater, Florida (hereafter "the Agency"), whose address is P.O. Box 4748, Clearwater, Florida 33758-4748, a public body corporate and politic of the State of Florida, and Fashion Cleaners and Shirt Laundry Inc., whose address is 1152 Court Street Clearwater, Florida 33755 (hereinafter "Applicant"). WITNESSETH WHEREAS, the Agency and the Applicant entered into a Business Renovation Grant Program Agreement ("the Agreement") on January 17, 2024, for the property commonly referred to as —1152 Court Street, Clearwater, FL 33755; 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 Applicant and the Agency agree and covenant each with the other as follows: Section 1. The twelfth recital located on page two of the Agreement is amended to read as follows: WHEREAS, the Applicant has represented that the total project cost is one hundred sixty-five thousand two hundred and sixteen dollars ($165,216.00); and Section 2. Section 111(1) of the Agreement is amended to read as follows: The Agency shall reimburse the Applicant for fifty percent (50%) of the Eligible Project's Cost up to a maximum of eighty-two thousand six hundred and eight dollars ($82,608.00) ("reimbursement funds") as provided under the Program, payable within thirty (30) days after verification by the Agency that the Project work has been completed and evidence that the Applicant has actually incurred these Project costs to the satisfaction of the Agency's Executive Director. The Agency's Director retains sole discretion to determine whether any reimbursement funds which the Applicant seeks reimbursement for actually meet the requirements of this Section 111(1). If the Director determines any reimbursement funds the Applicant seeks reimbursement for does not meet the requirements of this Section 111(1) then the Parties agree that: 1) the Director's decision is final; 2) the Agency shall not owe any monies to the Applicant for the requested reimbursement; and 3) the Applicant shall have no recourse against the Agency. 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 Applicant and the Agency have executed or caused these presents to be executed by its respective authorized representatives to be effective as 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 Applicant and one to the Agency. COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLEARWATER, FLORIDA By: Approved as to form: Attest: Michael P. Fuino CRA Attorney Clearwater Jesus Nino �.o�o-It.i3U..,aT.rt...... Executive Director s,,,.QO) .......'' '(�' z W CORPORA y.ire <� )SEAL :�� • o• ' )�'% * •~•••.........••'' '�` %i,,,F� QC OR . iD A `� Rosemarie CaII City Clerk I ACKNOWLEDGE THAT I AM LAWFULLY AUTHORIZED TO EXECUTE THIS AGREEMENT. (.A )At 0 I-) cA,OW re,(‘-• (-) tk-(4 C_ - Entity Name (if any) Applicant Signature ')(4 Date STATE OF FLo121OA AA\ GmAcL -b fk-) 6(( COO Printed Name and Title (if any) COUNTY OF PINELLAS The foregoing instrument was acknowledged before me this 23 day ofocTo2024 , by \ C -V\EL 16 , as (title if applicable) PQFs►o T of (Entity name if any) FA'` -t► cLEAME712-S AN() 6 wt us)orvo gj iN G . , who [ ] is personally known to me or [as produced identification. Type of identification produced: PL V L. My commission expires: (Notary Seal) Notary Public Signature Notary Public Print Name TUL►A C. €1k1.31-PrS ........... Julia C. ialtas Comm.: HH 601100 Expires: Oct 7.2028 "OF, ... Notary Public . State of Honda