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• <br /> 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 2016, by and between the County of Los Angeles, hereinafter called the "County," <br /> acting by and through the Community Development Commission of the County of Los <br /> Angeles (Commission) and City of Rancho Palos Verdes, hereinafter called the <br /> "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 27, 2015, 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 5, COMPENSATION AND METHOD OF PAYMENT is amended to <br /> show a revised compensation amount of Two Hundred Eighty-Eight Thousand <br /> Forty-Seven Dollars and Zero Cents ($288,047.00). This is an increase of One <br /> Hundred Forty-Six Thousand Eight Hundred Fifty-One Dollars and Zero Cents <br /> ($146,851.00) in the compensation amount. <br /> This contract amends the original contract to reflect the additions and/or change(s) noted <br /> above, and this section(s) should be substituted in its entirety or added to the previously <br /> executed contract. All other terms and conditions of said contract shall remain the same. <br /> Revised May 2016 <br />