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HomeMy WebLinkAboutGE14-001 EC Housing and Development Authority Second Amendment SECOND AMENDMENT TO AGREEMENT BETWEEN GOLDEN EAGLE ELDERLY HOUSING CORPORATION AND EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY THIS SECOND AMENDMENT ("Second Amendment") is effective as of the 1st day of February, 2014 by and between Eagle County Housing and Development Authority, by and through its Board of Commissioners (hereinafter"Manager") and Golden Eagle Elderly Housing Corporation, a Colorado non-profit corporation(hereinafter"Golden Eagle"). RECITALS WHEREAS, Golden Eagle and Manager entered into an agreement dated the 1st day of January, 2010, for certain Services (the "Original Agreement"); and WHEREAS, Golden Eagle and Manager entered into a First Amendment to the Original Agreement dated the 4th day of February, 2013, (the"First Amendment"); and WHEREAS, the term of the First Amendment expired on the 31st day of January, 2014, and notwithstanding the foregoing,the parties desire to extend the term for an additional period of time as set forth below. SECOND AMENDMENT NOW THEREFORE, in consideration of the foregoing and the mutual rights and obligations as set forth below, the parties agree as follows: 1. The term of the Original Agreement is hereby extended to the 30th day of June, 2015. Notwithstanding the possible expiration or lapse in the term of the Original Agreement and First Amendment the parties desire to maintain the Original Agreement and any amendments thereto and consider the same to be in full force and effect subject to the terms of this Second Amendment 2. Capitalized terms in this Second Amendment will have the same meaning as in the p g Original Agreement. To the extent that the terms and provisions of the Second Amendment conflict with, modify or supplement portions of the Original Agreement or First Amendment, the terms and provisions contained in this Second Amendment shall govern and control the rights and obligations of the parties. 3. Except as expressly altered, modified and changed in this Second Amendment, all terms and provisions of the Original Agreement and First Amendment shall remain in full force and effect, and are hereby ratified and confirmed in all respects as of the date hereof. 4. This Second Amendment shall be binding on the parties hereto, their heirs, executors, successors, and assigns. IN WITNESS WHEREOF, the parties hereto have executed this Second Amendment to the Original Agreement effective the day and year first above written. GOLDEN EAGLE GOLDEN EAGLE ELDERLY HOUSING CORPORATION By: _At)_a L4t__ Sara J. Fisher, 'resident 9 � B►,: �A A_A .& A • A A •�• • • y w MANAGER EAGLE COUNTY HOUSING AND DEVELOPMENT AUTHORITY By: Jill Kl terman, Executive Director 2 Golden Eagle Am Term Scope Comp Final 1 14