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Resolution 11917CITY OF ALAMEDA RESOLUTION NO. 11917 AMENDING GRANT AGREEMENT WITH THE ECONOMIC DEVELOPMENT CORPORATION OF ALAMEDA FOR FISCAL YEAR 1989-90 AND AUTHORIZING EXECUTION THEREOF WHEREAS, the City of Alameda is a participant in the Community Development Block Grant Program (CDBG) authorized under the Housing and Community Development Act of 1974, as amended; and WHEREAS, the City of Alameda has entered into a Grant Agreement with the Economic Development Corporation of Alameda (EDCA) regarding the use of CDBG and Commercial Revitalization funds during FY 1989-90; and WHEREAS, the City and the EDCA do mutually desire to amend said Agreement to reallocate funds to the City to finance the position of Economic Development Manager; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Alameda that the EDCA FY 1989-90 Grant Agreement is hereby amended (Exhibit A) in accordance with the Budget (Exhibit B) attached hereto; and BE IT FURTHER RESOLVED that the City Manager be and hereby is authorized to execute and the City Clerk to attest on St said Amendment. _ ATTOPmFY I, tne unaersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 2nd day of - January , 1990, by the following vote to wit: AYES: NOES: Councilmembers Arnerich, Camicia, Thomas, Withrow and President Corica - 5. None. ABSENT: None. ABSTENTIONS: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 3rd day of January , 1990. (Deputy)bity Clerk of the City of Alameda MODIFICATION OF GRANT AGREEMENT WITH THE ECONOMIC DEVELOPMENT CORPORATION OF ALAMEDA FOR FISCAL YEAR 1989 -90 This Modification of the Grant Agreement with the Economic Development Corporation of Alameda, entered into this day of 19, by and between the CITY OF ALAMEDA, a municipal corporation (hereinafter "City ") and the ECONOMIC DEVELOPMENT CORPORATION OF ALAMEDA (hereinafter "Subgrantee "), is made with reference to the following: RECITALS: A. On July 5, 1989, a Grant Agreement authorized by Resolution No. 11757 was entered into by and between City and Subgrantee (hereinafter "Agreement "). B. City and Subgrantee desire to modify the Agreement on the terms and conditions set forth herein. NOW, THEREFORE, it is mutually agreed by and between the undersigned parties as follows: 1. Attachment A (Budget) to the Agreement is modified as shown on Budget Modification No. 1, attached hereto. Said Budget Modification reduces the allocation of Grant Funds to the EDCA by $30,000. 2. Except as expressly modified herein, all other terms and covenants set forth in the Agreement shall remain the same and shall be in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this modification of Agreement to be executed on the day and year first above written. ROVED AS TO 1RM ATTEST: City Clerk CITY OF ALAMEDA, a municipal corporation By: ECONOMIC DEVELOPMENT CORPORATION OF ALAMEDA By: EXHIBIT A EDCA BUDGET -FY 1989 -90 BUDGET MODIFICATION NO. 1 Item Grand Grant Funds Program Income Total CDD Other Funds Total Salaries $12,000.00 $3,000.00 $15,000.00 Payroll Taxes $0.00 $4,100.00 $4,100.00 Fringe Benefits $0.00 $180.00 $180.00 SUBTOTAL PERSONNEL $12,000.00 $7,280.00 $19,280.00 Rent $0.00 $5,600.00 $5,600.00 Telephone $0.00 $1,200.00 $1,200.00 Equipment- Office $0.00 $300.00 $300.00 Postage $0.00 $350.00 $350.00 Print /Copy $0.00 $1,000.00 $1,000.00 Consumables $0.00 $300.00 $300.00 Ad /Promo $0.00 $0.00 $0.00 Typing $0.00 $2,200.00 $2,200.00 Accounting $0.00 $2,000.00 $2,000.00 Audit $0.00 $3,000.00 $3,000.00 Legal $0.00 $0.00 $0.00 Other Costs Dues & Subs. $0.00 $400.00 $400.00 Travel $0.00 $0.00 $0.00 Miscell. $0.00 $0.00 $0.00 SUBTOTAL NON- PERSON. $0.00 $16,350.00 $16,350.00 TOTAL $12,000.00 $23,630.00 $35,630.00 Resolution No. 1/2/90 Acknowledged CB 01 EDCAbudgmod $3,000.00 $0.00 $0.00 $3,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $750.00 $100.00 $0.00 $0.00 $250.00 $0.00 $250.00 $650.00 $2,000.00 $18,000.00 $4,100.00 $180.00 $22,280.00 $5,600.00 $1,200.00 $300.00 $350.00 $1,000.00 $300.00 $750.00 $2,300.00 $2,000.00 $3,000.00 $250.00 $400.00 $250.00 $650.00 $18,350.00 $5,000.00 $40,630.00 Charles Olken, EDCA President EXHIBIT B