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2009-05,, ~~ -~~ o~ FCT Contract Number Q~ c7"--172- Dg' ~- A1- pip FLORIDA COMMUNITIES TRUST FF8 Award Number 08-070-FF8 INLAND GROVES PHASE II ADDENDUM I TO GRANT CONTRACT THIS ADDENDUM I am entered into by and between the FLORIDA COMMUNITIES TRUST (FCT), a nonregulatory agency within the State of Florida Department of Community Affairs, and CITY OF CLERMONT, a political subdivision of the State of Florida (Recipient), thi day of , 2009. ~23~ MArc.,G, NOW THEREFOR ,FCT and the Recipient mutually agree as follows: WHEREAS, the parties hereto entered into a Grant Contract which sets forth the conditions of conceptual approval that must be satisfied by Recipient prior to the receipt of the FCT Award and the restrictions that are imposed on the Project Site subsequent to its acquisition with the FCT Award; WHEREAS, the initial term of the Grant Contract expires March 2, 2009; WHEREAS, the Recipient, in accordance with Article I, paragraph 2. Of the Grant Contract and incompliance with Rule 9K-7.009(5), F.A.C., has timely submitted to FCT a written request for extension of the March 2, 2009 deadline; WHEREAS, Article II, paragraph 1. of the Grant Contract states that either party may request modification of the provisions of the Agreement at any time. Changes which are mutually agreed upon shall be valid only when reduced to writing and duly signed by both the Recipient and FCT; WHEREAS, the parties hereto desire to extend the term of the Grant Contract as provided by Rule 9K-7.009(5), F.A.C.; NOW THEREFORE, FCT and the RECIPIENT mutually agree as follows: Notwithstanding the language of Article I, paragraph 1., the parties hereby agree to revive the Grant Contract nunc pro tunc as though it had not lapsed in accordance with paragraph 2, herein. 2. In every respect, this amendment is to be construed and applied as though the parties had both signed it before March 2, 2009. 08-070-FF8 Feb. 6, 2009 GCAMD.1 3. The Grant Contract by and between FCT and the Recipient is hereby extended for a time sufficient to close. This Addendum I and the Grant Contract embody the entire agreement between the parties. All other terms and conditions not specifically referenced in this agreement remain the same and unchanged. IN WITNESS WHEREOF, the parties hereto have duly executed this Addendum I. CITY OF CLERMONT By: ~ ~ Print Name:}~prv1 ~(~ . Jur v/ lI ~ Title: ~u U Y` Dat ~ ~~ FLORIDA/COMMUNITIES TRUST By: ~v~. Ken Reecy Community Program Manager Date: ~j' •2.3~°I Appro ~as to Fo and Legality: By: ~- Print e: _ 08-070-FF8 Feb. 6, 2009 GCAMD.1 Approved as to Form and Legality: By: ' Kristen L. Coons, Trust Counsel 2