HomeMy WebLinkAboutSOB14-001 EC Housing and Development Authority Second Amendment SECOND AMENDMENT TO AGREEMENT BETWEEN
SENIORS ON BROADWAY LIMITED PARTNERSHIP
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 Seniors on Broadway LP, a
Colorado limited partnership (hereinafter"SOB").
RECITALS
WHEREAS, SOB and Manager entered into an agreement dated the 1st day of January, 2010, for
certain Services (the "Original Agreement"); and
WHEREAS, SOB and Manager entered into a First Amendment to the Original Agreement dated
the 4th day of February, 2013, for certain Services (the"First Amendment"); and
WHEREAS, the term of the First Amendment expires on the 31st day of January, 2014, and 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 tern of the Original Agreement is hereby extended to the 30th day of June, 2015.
2. Capitalized terms in this Second Amendment will have the same meaning as in the
Original Agreement. To the extent that the terms and provisions of the Second
Amendment conflict with, modify or supplement portions of the Original Agreement,
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 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 the day and year first above written.
SENIORS ON BROADWAY LP
Seniors on Broadway LP
By Seniors on Broadway LLC, its general partner
By Golden Eagle Elderly Housing Corporation, its
sole member
Sara J. Fisher, P esident
MANAGER
EAGLE COUNTY HOUSING AND
DEVELOPMENT AUTHORITY
By: ---
Jill Klosterman, Executive Director
2
SOB Am Term Scope Comp Final 114
