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23-1649 Approval of Amendment 1 to Agreement WW590550 - East Longwood Phase II RESOLUTION NO. 23-1649 A RESOLUTION OF THE CITY OF LONGWOOD,FLORIDA,AUTHORIZING THE EXECUTION AND DELIVERY OF A CLEAN WATER STATE REVOLVING FUND AMENDMENT 1 TO LOAN AGREEMENT WITH THE STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION FOR THE LOAN AUTHORIZED BY ORDINANCE 22-2233 CONCERNING THE FINANCING OF THE EAST LONGWOOD PHASE II SEPTIC TANK ABATEMENT PROJECT; PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE. WHEREAS, the City of Longwood (the "City") is vested with home rule authority pursuant to - - Article VII, Section 2 of the Constitution of the State of Florida and Chapter 166, Florida Statutes;"to enact ordinances; - WHEREAS, on October 17, 2022, the City Commission adopted Ordinance 22-2233 authorizing the issuance of debt in the principal amount of$4,452,708 excluding interests and the executing of the Loan Agreement to procure and implement the necessary labor, materials and equipment for the design, permitting, construction, installation and completion of the Project described in Ordinance 22-2233 and to finance the Project through a loan with State of Florida Department of Environmental Protection (the "Department"); and WHEREAS, the City of Longwood has executed the Loan Agreement (WW590550) ("Loan Agreement")with the Department concerning the Project as authorized by Ordinance 22-2233;and NOW,THEREFORE,BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA,AS FOLLOWS: SECTION 1. RECITALS. The foregoing findings are incorporated herein by reference and made a part hereof. SECTION 2. AUTHORIZATION OF AMENDMENT TO LOAN AGREEMENT. The City Commission hereby.approves the Amendment 1 of the Loan Agreement as set forth therein and does hereby authorize the execution and delivery on behalf of the City by the Mayor under the seal of the City, attested by the City Clerk, of the Amendment 1 with the Department. Amendment 1 shall be in substantially the form thereof attached hereto and marked Exhibit"A" and is hereby approved, with such changes therein as shall be approved by any of the authorized officers executing the same,with such execution to constitute conclusive evidence of such officer's approval and the City's approval of any changes therein from the form of the Amendment 1 attached hereto. SECTION 3. SEVERABILITY OF INVALID PROVISIONS. If any one or more of the covenants, amendments or provisions contained herein shall be held contrary to any express provisions of law or Resolution No.23-1649 Page 1of 2 contrary to the policy of express law,though not expressly prohibited,or against public policy,or shall for any reason whatsoever be held invalid,then such covenants,amendments or provisions shall be null and void and shall be deemed severable from the remaining covenants, amendments or provisions hereof and shall in no way affect the validity of any of the other provisions of this Resolution. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption. CITY COMMISSION iy ry . CITY OF LONGW D, FLORIDA J B, ,4�u e��a�e6taa`a i t s e , y: �; [SEAL] �. B Fr 0 erni, 3Ton Mayor * `< ATTEST: P 00, v4p. I g , , FCRM, City Clerk Approved as to form and legality for use and reliance by the City of Longwood, Florida only: Daniel W. LACitrC,V,t"!*y Resolution No.23-1649 Page 2of 2 EXHIBIT "A" STATE REVOLVING FUND AMENDMENT 1 TO LOAN AGREEMENT WW590550 CITY OF LONGWOOD This amendment is executed by the STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION(Department)and the CITY OF LONGWOOD,FLORIDA, (the "Local Government") existing as a local governmental entity under the laws of the State of Florida. Collectively,the Department and the Local Government shall be referred to as "Parties" or individually as "Party." WITNESSETH: WHEREAS, the Florida Water Pollution Control Financing Corporation (Corporation) and the Local Government entered into a Clean Water State Revolving Fund Loan Agreement, Number WW590550, authorizing a Loan amount of$4,452,708, excluding Capitalized Interest; and WHEREAS,the oversight and management of this Loan is being assumed by the Department;and WHEREAS, the loan to the Local Government is under same terms and conditions of the transferred loan unless amended herein; and WHEREAS,certain provisions of the Agreement require revision and provisions need to be added to the Agreement. NOW, THEREFORE,the Parties hereto agree as follows: 1. Oversight and management of the loan is transferred to the Department. All references in the Agreement to Corporation or Trustee are deleted and replaced with"Department" and all references to "Local Borrower" shall be replaced with"Local Government." 2. Subsections 1.01(4), (5), (11) and (26) of the Agreement are deleted. 3. Subsection 1.01(12) is deleted and replaced as follows: "Grant Allocation Assessment" shall mean an assessment, expressed as a percent per annum, accruing on the unpaid balance of the Loan. It is computed similarly to the way interest charged on the Loan is computed and is included in the Semiannual Loan Payment. The Department will use Grant Allocation Assessment moneys for making grants to financially disadvantaged small communities pursuant to Section 403.1835 of the Florida Statutes. 4. Subsection 2.01(14) of the Agreement is deleted. 5. Section 2.02. of the Agreement is deleted. 6. Section 8.04 of the Agreement is deleted and replaced as follows: 1 8.04. ASSIGNMENT OF RIGHTS UNDER AGREEMENT. The Department may assign any part of its rights under this Agreement after notification to the Local Government. The Local Government shall not assign rights created by this Agreement without the written consent of the Department. 7. Section 8.15 is added to the Agreement as follows: 8.15. CIVIL RIGHTS. The Local Government shall comply with all Title VI requirements of the Civils Rights Act of 1964, Section 504 of the Rehabilitation Act of 1973, and the Equal Employment Opportunity requirements (Executive Order 11246, as amended)which prohibit activities that are intentionally discriminatory and/or have a discriminatory effect based on race, color, national origin (including limited English proficiency), age, disability, or sex. 8. All other terms and provisions of the Loan Agreement shall remain in effect. REMAINDER OF PAGE INTENTIONALLY LEFT BLANK 2 ARTICLE XI -EXECUTION OF AGREEMENT This Amendment 1 to Loan Agreement WW590550 may be executed in three or more counterparts, any of which shall be regarded as an original and all of which constitute but one and the same instrument. IN WITNESS WHEREOF, the Department has caused this Agreement to be executed on its behalf by the Secretary or Designee and the Local Government has caused this Agreement to be executed on its behalf by its Authorized Representative and by its affixed seal. The effective date of this Agreement shall be as set forth below by the Department. for STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION Secretary or Designee Date for CITY OF LONGWOOD Mayor Attest: Attest as to form and correctness: City Clerk City Attorney SEAL APPROVED AND ACCEPTED BY THE FLORIDA WATER POLLUTION CONTROL FINANCING CORPORATION Chief Executive Officer Reviewed and approved by the Corporate Secretary or Designee 3