HomeMy WebLinkAboutPW11-366 - Amendment - #X - Public Works Board - Public Works Trust Fund PC12-951-024 - 10/29/2014 �I
Records Manm'gern
KENT
Document
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CONTRACT COVER SHEET j
This is to be completed by the Contract Manager prior to submission
to City Clerks Office. All portions are to be completed.
If you have questions, please contact City Clerk's Office.
Vendor Name: Public Works Board
Vendor Number:
JD Edwards Number
Contract Number:
This is assigned by City Clerk's Office
Project Name: Public Works Trust Fund Loan
Description: ❑ Interlocal Agreement ❑ Change Order ® Amendment ❑ Contract
❑ Other:
Contract Effective Date: 12/4/2008 Termination Date: N/A
Contract Renewal Notice (Days):
Number of days required notice for termination or renewal or amendment
Contract Manager: Public Works Director Department: Public Works
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Contract Amount: 8,000,000.00
Approval Authority: ❑ Department Director ❑Mayor []City Council
Detail: (i.e. address, location, parcel number, tax id, etc.):
PC12-951-024
adccW10877 8 14
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AMENDMENT FACE SHEET
Loan Number: PC12-951-024
Amendment Number: X
Washington State Department of Commerce
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PUBLIC WORKS BOARD
PUBLIC WORKS TRUST FUND
1.Contractor 2.Contractor Doing Business As(optional)
City of Kent N/A
220 4th Avenue South
Kent, WA 98032
3.Contractor Representative(only if updated) 4. Public Works Board Representative(only if
updated)
N/A NIA
5.Original Contract Amount 6.Amendment Amount 7. New Contract Amount
$8,000,000.00 N/A N/A
8.Amendment Funding Source ' 9.Amendment Start Date 10.Amendment End Date
Federal: ❑ State: d Other: ❑ N/A: ❑ I Amendment Execution Date Upon Execution
11. Federal Funds (as applicable): Federal Agency: CFDA Number:
N/A N/A N/A
12.Amendment Purpose:
The purpose of this amendment is to rescind all obligations and provisions contained in the loan
agreement/contract of the Public Works Trust Fund Loan Number PC12-951-024.
The Board, defined as the Washington State Public Works Board,and Borrower/Contractor acknowledge
and accept the terms of this Agreement/Contract As Amended and have executed this
Agreement/Contract Amendment on the date below to start as of the date and year referenced above.
The rights and obligations of both parties to this Agreement/Contract As Amended are governed by this
Agreement/Contract Amendment and the following other documents incorporated by reference:
Amendment Terms and Conditions:A copy of this Agreement/Contract Amendment shall be attached to
and made apart of the original Agreement/Contract between the Board and the Borrower/Contractor.
Any reference in the original Agreement/Contract to the"Agreement"or the"Contract"shall mean the
"Agreement As Amended"or"Contract As Amended,"respectively.
FOR THE BORROWERICONTRACTOR' FOR PUBLIC WORKS BOARD "
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Signature v Stan
Finkelstein, Public Works Board Chair
Print Name i Date
Title APPROVED AS TO FORM ONLY
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le)fZ w This 41h Day of December,2008
Date Rob McKenna
Attorney General
Signature on File
Kathryn Wyatt
Assistant Attorney General
City of Kent Page 1 Termination Amendment
PC12-951-024 10/20/2014 Public Works Trust Fund
AMENDMENT TERMS AND CONDITIONS j
PUBLIC WORKS BOARD
PUBLIC WORKS TRUST FUND
The Washington State Public Works Board(hereinafter referred to as the`Board")and City of Kent
(hereinafter referred to as the"Borrower/Contractor")agree to amend the Public Works Trust Fund Loan
Number Agreement/ContraetPC12-951-024 to rescind all obligations and provisions contained in the
loan agreement/contract.
In accordance with the Borrower/Contractor's written request, the Board and the Borrower/Contractor
have agreed to terminate the Public Works Trust Fund Loan Agreement/Contract Number PC12-951-024
for the following reason:
The City wishes to terminate this loan and use other funds.
The Borrower/Contractor will be required to make the final payment on the outstanding loan balance,
accrued interest payable and any interest earned on the investment of Public Works Trust Fund money
within thirty(30)days of the execution date of this amendment.
The Borrower/Contractor shall not be required to initiate and provide a Project Completion/Closeout
Report for any activities completed as identified in Attachment 1: Scope of Work of the original
agreementicontract.
In accordance with the above provisions,Public Works Trust Fund Loan Agreement/Contract Number
PC12-951-024 is hereby terminated.
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City of Kent Page 2 Termination Amendment
PC12-951-024 10/2012014 Public Works Trust Fund