HomeMy Public PortalAboutSRF Amendment 1 WW460720STATE REVOLVING FUND
AMENDMENT 1 TO LOAN AGREEMENT WW460720
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 WW460720; and
Loan repayment activities need rescheduling to give the Local Government additional time to
complete planning; 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 Civil 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 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 $39,435 shall be due
February 15, 2025.
4. All other terms and provisions of the Loan Agreement shall remain in effect.
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This Amendment 1 to Loan Agreement WW460720 may be executed in two or more
counterparts, any of which shall be regarded as an original and all of which constitute but one
and the same instrument.
IN WITNESS WHEREOF, the Department has caused this amendment to the Loan
Agreement to be executed on its behalf by the Secretary or Designee and the Local Government
has caused this amendment to be executed on its behalf by its Authorized Representative and by
its affixed seal. The effective date of this amendment shall be as set forth below by the
Department.
for
CITY OF CRESTVIEW
Mayor
Attest:
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City Clerk ,o„„GeREsrte�,,,
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Approved as to form and legal sufficiency:
for
STATE OF FLORIDA
DEPARTMENT OF ENVIRONMENTAL PROTECTION
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Digitally signed by Angela
Knecht
Date: 2024.02.06 11:03:17 -05'00'
Secretary or Designee Date
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