Loading...
HomeMy WebLinkAbout19-123RESOLUTION NO. 2019-123 A RESOLUTION OF THE ST. LUCIE COUNTY SUSTAINABILITY DISTRICT APPROVING A FIRST AMENDMENT TO THE ADMINISTRATION AGREEMENT BETWEEN THE DISTRICT AND THE SOLAR AND ENERGY LOAN FUND OF ST. LUCIE COUNTY, INC. IN ORDER TO AMEND THE EFFECTIVE DATE OF THE ADMINISTRATION AGREEMENT, AUTHORIZING THE CHAIR AND OTHER DISTRICT OFFICIALS TO TAKE SUCH ACTIONS AND EXECUTE SUCH OTHER DOCUMENTS AS MAY BE NECESSARY TO EFFECTUATE THE PURPOSES HEREOF; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BY THE GOVERNING BOARD OF THE ST. LUCIE COUNTY SUSTAINABILITY DISTRICT AS FOLLOWS: SECTION 1. AUTHORITY. This Resolution of the St. Lucie County Sustainability District (the 'District") is adopted pursuant to the provisions of Chapter 1-19 of the Code of Ordinances (the "Ordinance") of St. Lucie County, Florida (the "County"), Chapter 189, Florida Statutes, Section 163.08, Florida Statutes, County Resolution No. 10-259, and other applicable provisions of law (collectively, the "Act"). SECTION 2. DEFINITIONS. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Ordinance, County Resolution No. 10-259, and the Administration Agreement by and between the District and the Solar and Energy Loan Fund of St. Lucie County, Inc. ("SELF") dated as of July 3, 2012 (the "Administration Agreement"). SECTION 3. FINDINGS. It is hereby ascertained, determined and declared as follows: (A) The District entered into the Administration Agreement in in order to effectuate the policy direction set forth in the Resolution and to establish the terms and conditions governing administration of the Program. (B) The District and SELF wish to enter into an amendment to the Administration Agreement (the "First Amendment to Administration Agreement") in order to revise the effective date of the agreement. SECTION 4. APPROVAL OF FIRST AMENDMENT TO ADMINISTRATION AGREEMENT. The District hereby approves the First Amendment to Administration Agreement in the form attached hereto as Appendix A, and authorizes the Chair to execute and deliver, and the Clerk of the District (the "Clerk") to attest, on behalf of the District, the First Amendment to Administration Agreement with such changes, insertions, and additions as the Chair may approve after consultation with the County Attorney, the Chair's execution thereof being evidence of such approval and by this reference made a part hereof with such changes as may be approved by the County Administrator and approved as to legal form and sufficiency by the County Attorney. The Chair, Clerk and other District officials are further authorized to take such other actions and execute and deliver any other documents which may be necessary or desirable to effectuate the purposes of this Resolution and the First Amendment to Administration Agreement. SECTION 5. EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption. Passed and /adopted b the St. Lucie County Sustainability District at a regular meeting duly called this d'( day of 2019. ATTEST: Deputy ST. LUCIE COUNTY SUSTAINABILITY DISTRICT By: c/ Chair Annrnved as tn Firm_ 2 APPENDIX A FORM OF FIRST AMENDMENT TO ADMINISTRATION AGREEMENT FIRST AMENDMENT TO ADMINISTRATION AGREEMENT This FIRST AMENDMENT ("First Amendment") to the ADMINISTRATION AGREEMENT (the "Administration Agreement") is made and entered into this day of 2019 by and between the ST. LUCIE COUNTY SUSTAINABILITY DISTRICT (the "District"), a dependent special district of St. Lucie County, Florida, and the SOLAR AND ENERGY LOAN FUND OF ST. LUCIE COUNTY, INC., a community development financial institution ("SELF"). WITNESETH: WHEREAS, capitalized terms used herein and not otherwise defined shall have the meanings specified in the Administration Agreement; and WHEREAS, the Administration Agreement effectuates the policy direction set forth in Resolution 10-259 and establishes the terms and conditions governing administration of the Program; and WHEREAS, the parties hereto execute this First Amendment to the Administration Agreement in order to implement mutually agreed-upon modifications to the effective date of the agreement. NOW, THEREFORE, the parties hereto agree as follows: Section 1. Recitals_ Incor ?ot rated. The above recitals are true and correct and incorporated herein. Section 2. Amendments to Administration Agreement. The Administration Agreement is hereby amended as follows, with additional text indicated by underline and with deleted text by striket4r-eug : (A) Section 36 of the Administration Agreement is amended as follows: (A) This Agreement shall be effective as of July 1, 2012. (B) The term of this Agreement shall be from July 1, 2012, through June 30, 2 U Sed tember 1, 2022. A-1 (C) The Parties expect that the Program will continue beyond the expiration date set forth in paragraph (B) above. Unless either Party delivers a written notice of nonrenewal to the other Party on or before the date that is 60 days prior to the then - effective expiration date, this Agreement shall be deemed renewed for an additional two years. Section 3. Effective Date. This First Amendment shall be effective as of the date first above written. IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to the Administration Agreement to be duly executed as of the date first set forth herein. (SEAL) ATTEST: ST. LUCIE COUNTY SUSTAINABILITY DISTRICT By: Chair Approved as to Form: Deputy Clerk County Attorney SOLAR AND ENERGY LOAN FUND OF ST. LUCIE COUNTY, INC. 0 Name: Doug Coward Title: Executive Director A-2