Agmt13 Mental Health Association of San Mateo Co. (MHA)

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(b) City will allocate to Contractor the sum of Two Hundred Thousand and no/100 Dollars ($200,000)for exclusive use by Contractor during the fiscal years commencing July 1, 2014, and ending June 30, 2016, solely for the purposes described in Paragraph 2(b). The CDBG financial assistance from the City shall be evidenced by a Promissory Note in favor of the City, in the form attached hereto as Exhibit "F" (the "Additional Promissory Note") and secured by the Deed of Trust. The Additional Promissory Note shall provide that the loan be deferred of payments for a term of thirty 30 years at zero percent (0%) interest, except in the case of default as hereinafter provided, and shall be repaid in full at the end of the Additional Loan Term, except in the case of a default as hereinafter provided in which case repayment may be accelerated. For the purposes of this Agreement, the "Additional Loan Term" shall be the date which is thirty (30) years from the date of Project Completion. 4. Amendments to Paraqraph 2. Use of Funds. All of Original Agreement Paragraph 2 (Use of Funds) after the title is hereby designated as subparagraph (a), the reference to "Paragraph 1" is hereby revised to read "Paragraph 1(a)", and the following is hereby added as a new subparagraph (b): (b) Contractor will use the funds provided pursuant to Paragraph 1(b) solely for the Project purposes described in Exhibit A (and Exhibit E if applicable), attached hereto and by this reference incorporated herein. Contractor shall perform services as described in Exhibit E in consideration of the payments set forth in Paragraph 4(b). 5. Amendments to Paraqraph 4. Pavments. All of Original Agreement Paragraph 4 (Payments) after the title other than the last two sentences is hereby designated as subparagraph (a), the last two sentences are hereby designated as subparagraph (c), and the following is hereby added as a new subparagraph (b): (b) No more frequently than monthly, Contractor may submit expense documentation, including invoices, proof of payment and a schedule of expenditures including sources and uses, in form and substance reasonably satisfactory to City's Housing Manager for payment in accordance with the provisions of Exhibit E. Provided that the Contractor has complied with all conditions precedent, the City shall pay to Contractor up to a total of $200,000 within 30 days of receiving each payment request. City shall not be obligated to pay Contractor for the services covered by any invoice if Contractor presents the invoice to City on or after June 30, 2016. 6. No Other Modifications. Except as specifically modified herein, the Original Agreement remains in full force and effect. To the extent that any provision of this Amendment conflicts with any provisions of the Original Agreement, this Amendment shall control. 7. Miscellaneous. The individuals executing this Amendment and the instruments referenced in it on behalf of Contractor each represent and warrant that they have the legal power, right and actual authority to bind Contractor to the terms and conditions of this Amendment. Paragraph headings and subparagraph headings as used herein are for convenience only and will not be deemed to alter or modify the provisions of the Paragraphs or subparagraphs headed thereby. (Signature Page Follows] REV:10-19-15 VR Page 2 of 7 ATTY/AGR.Amend. No. 1lMHA Funding Agmt Amendment No.1