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COUNTY OF LOS ANGELES <br /> COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM <br /> REIMBURSABLE CONTRACT WITH PARTICIPATING CITY <br /> AMENDMENT NUMBER 1 <br /> CITY: City of Rancho Palos Verdes <br /> CONTRACT NUMBER: 70741 <br /> THIS AMENDMENT NUMBER 1 TO CONTRACT 70741 is made this 1st day <br /> of July 2013, by and between the County of Los Angeles, hereinafter called the <br /> "County," acting by and through the Community Development Commission of the <br /> County of Los Angeles (Commission) and City of Rancho Palos Verdes, hereinafter <br /> called the "Operating Agency." <br /> WITNESSETH THAT: <br /> WHEREAS, the County and the Participating City previously entered into a <br /> Community Development Block Grant Program Reimbursable Contract with Operating <br /> Agency, Contract Number 70741 dated May 23, 2012, and any subsequent amendments; <br /> and <br /> WHEREAS, the County has entered into a Contract with the United States of <br /> America, through its Department of Housing and Urban Development (HUD), to execute <br /> the County's CDBG Program; and <br /> WHEREAS, Operating Agency desires to participate in said CDBG program and <br /> is qualified by reason of experience, preparation, organization, staffing and facilities to <br /> provide the services and implement the project described herein. <br /> NOW, THEREFORE, in consideration of the mutual covenants herein set forth <br /> and the mutual benefits to be derived there from,the parties agree as follows: <br /> 1. Section 4, TIME OF PERFORMANCE is amended as follows: Operating <br /> Agency shall commence the services described herein on the date first above <br /> written and shall complete same by no later than June 30, 2014. Construction <br /> projects shall be limited to a three (3) year duration and must be successfully <br /> completed within this period, unless the Operating Agency has received prior <br /> written approval from the Commission, through its Executive Director, or his <br /> designee. <br /> 2. Section 5, COMPENSATION AND METHOD OF PAYMENT is amended to <br /> show a revised compensation amount of Two Hundred Seventy-Five Thousand <br /> Two Hundred Fifty-Two Dollars and Zero Cents ($275,252.00). This is an <br /> Revised 3/13 <br />