HomeMy WebLinkAbout19- Amendment 1 to Sub-Recipient Agreement - Prospera Business Network - Community Development Block Grant Revolving Loan Fund for FY19-20 A A
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AMENDMENT TO SUB-RECIPIENT AGREEMENT
THIS AMENDMENT TO THE SUB-RECIPIENT AGREEMENT FOR COMMUNITY
DEVELOPMENT BLOCK GRANT REVOLVING LOAN FUND made effective on the date
last executed on July 24, 2017 (the "Agreement") is made and entered effective the 24th day of
July, 2019 ("Effective Date"), by and between the CITY OF BOZEMAN, MONTANA, a self
governing municipal corporation organized and existing under its Charter and the laws of the State
of Montana, 121 North Rouse Street, Bozeman,Montana,with a mailing address of PO Box 1230,
Bozeman, MT 59771, hereinafter referred to as "City," and PROSPERA BUSINESS
NETWORK, whose address is 2015 Charlotte Street, Suite 1, Bozeman MT 59718, a nonprofit
economic development corporation, hereinafter referred to as "Sub-Recipient."
In consideration of the mutual covenants and agreements herein contained, the receipt and
sufficiency whereof being hereby acknowledged,the parties hereto agree to amend the Agreement
as follows:
1. Extension of Term. Section D of the Agreement is amended to extend the term of the
Agreement fiom the Effective Date until January 31,2020.The Agreement shall terminate
on January 31, 2020 unless earlier terminated as provided in the Agreement.
2. Agreement still valid. All remaining terms and provisions of the Agreement remain valid.
**** END OF AGREEMENT EXCEPT FOR SIGNATURES ****
Amendment to Sub-Recipient Agreement for Community Development Block Grant Revolving Loan Fund
FY 2019-2020
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IN WITNESS WHEREOF, the parties hereto have executed this instrument the day and
year first above written.
CITY OF BOZEMAN, MONTANA PROSPERA BUSINESS NETWORK
By By
Andrea Surratt, City Manager Paul R i rt,Executive Director
APPROVED AS TO FORM
By
Greg Sullivan, Bozeman City Attorney
Amendment to Sub-Recipient Agreement for Community Development Block Grant Revolving Loan Fund
FY 2019-2020
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