HomeMy Public PortalAboutSRF Amendment 2 WW460730
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STATE REVOLVING FUND
AMENDMENT 2 TO LOAN AGREEMENT WW460730
CITY OF CRESTVIEW
This amendment is executed by the STATE OF FLORIDA DEPARTMENT OF
ENVIRONMENTAL PROTECTION (Department) and the CITY OF CRESTVIEW,
FLORIDA, (Local Government) existing as a local governmental entity under the laws of the
State of Florida. Collectively, the Department and the Local Government shall be referred to as
“Parties” or individually as “Party”.
The Department and the Local Government entered into a State Revolving Fund Loan
Agreement, Number WW460730, as amended; and
Loan repayment activities need rescheduling to give the Local Government additional time to
complete Planning and Design Activities; and
Certain provisions of the Agreement need revision and provisions need to be added to the
Agreement.
The Parties hereto agree as follows:
1. Section 8.12 is added to the Agreement as follows:
8.12. CIVIL RIGHTS.
The Local Government shall comply with all Title VI requirements of the Civils Rights
Act of 1964, Section 504 of the Rehabilitation Act of 1973, and the Equal Employment
Opportunity requirements (Executive Order 11246, as amended) which prohibit activities that are
intentionally discriminatory and/or have a discriminatory effect based on race, color, national
origin (including limited English proficiency), age, disability, or sex.
2. Unless repayment is further deferred by amendment of the Agreement, Semiannual
Loan Payments as set forth in Section 10.05 shall be received by the Department beginning on
February 15, 2025, and semiannually thereafter on August 15 and February 15 of each year until
all amounts due under the Agreement have been fully paid.
3. The items scheduled under Section 10.07 of the Agreement are rescheduled as
follows:
(2) Completion of all Planning and Design Activies is scheduled for August 15, 2024.
(3) Establish the Loan Debt Service Account and begin Monthly Loan Deposits no later
than August 15, 2024.
(4) The first Semiannual Loan Payment in the amount of $23,467 shall be due
February 15, 2025.
4. All other terms and provisions of the Loan Agreement shall remain in effect.