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HomeMy WebLinkAboutCedar Valley TechWorks, Inc-8/20/2012FORM CD -451 U.S. DEPARTMENT OF COMMERCE (REV. 10-03) DAO 203-26 AMENDMENT TO FINANCIAL ASSISTANCE AWARD AGREEMENT El GRANT . COOPERATIVE CFDA NO. AND PROJECT TITLE 11.300 RECIPIENT NAME Cedar Valley TechWorks, Inc. AWARD NUMBER 05-01-04477 RECIPIENT NAME City of Waterloo, Iowa AMENDMENT NUMBER 1 STREET ADDRESS 10 West 4th. Street, Suite 310 EFFECTIVE DATE OF AMENDMENT 6/20/2012 CITY, STATE, ZIP CODE Waterloo, Iowa 50701-5428 EXTEND WORK COMPLETION TO NA BUREAU 20 FUND 40 FCFY 7 PROJECT -TASK 0 ORGANIZATION 5 OBJECT CLASS 41 10 16 00 COSTS ARE REVISED AS FOLLOWS: PREVIOUS ESTIMATED COST ADD DEDUCT TOTAL ESTIMATED COST FEDERAL SHARE OF COST $1,600,000 $ - $600,000.00 $1,000,000.00 RECIPIENT SHARE OF COST $5,084,013 $ - $3,022.018.53 $2,061,994.47 TOTAL ESTIMATED COST $6,684,013 $ - $3,622,018.53 $3,061,994.47 REASONS) FOR AMENDMENT The purpose of this amendment is to revise the scope of the project from renovating the entire six story building to the renovation of only the 3rd floor with installation of infrastructure and utility systems to support the building; amend the project budget by adding an administrative line item and to reflect the actual budget and increase the grant rate of the project from 23.94% to 32.665%. This Amendment signing the previous provisions shall be returned without modification Amendment. o o approved three documents, incorporated to the by Department Special Award Line Item Other(s): by the Grants Officer is issued in triplicate and constitutes an obligation of Federal funding. By the Recipient agrees to comply with the Amendment provisions checked below, attached, and into the Award. Upon acceptance by the Recipient, two signed Amendment documents Grants Officer and the third document shall be retained by the Recipient If not signed and returned the Recipient within 30 days of receipt, the Grants Officer may unilaterally terminate this of Commerce Financial Assistance Standard Terms and Conditions (March 2008) Conditions Budget Amend the scope of the project and increase the grant rate. M SIGNATU -' 0 DEP ' TMENT OF COMM G TS OFFICER •�/ DATE ilit/O 140 /-Z TYPED NAM ' E, A ND SIGNATURE J 0 THORIZED RECIPIENT OFFICIAL DATE 6 Z IL TYPED NA > , AND SIGNATURE OF AUTHO D ECIPIENT OFFICIAL 1 2it i DATE 0 i/ h Form ED -508 (Rev. 7/07) U.S.. DEPARTMENT OF COMMERCE ECONOMIC DEVELOPMENT ADMINISTRATION PUBLIC WORKS PROJECT COST CLASSIFICATIONS REVISED BUDGET Date: July 16, 2012 ATTACHMENT NO. 1 EDA Award No: 05-01-04477 State: Iowa County: Blackhawk Cost Classification Approved Revised Administrative and legal expenses $ 0 $ 3,408 Land, structures, rights-of-way, etc. 0 0 Relocation expenses and payments 0 0 Architectural and engineering fees 0 0 Other architectural and engineering fees 0 0 Project inspection fees 0 0 Site work 0 0 Demolition and removal 0 0 Construction 3,398,917 3,058,586 Equipment 3,285,096 0 Contingencies 0 0 TOTAL PROJECT COSTS $ 6,684,013 $ 3,061,994