9th Amendment 05/20/2020 ; :w .. Kevin Madok, CPA
t
. Tr
Clerk of the Circuit Court& Comptroller—Monroe County, Florida
DATE: May 20, 2020
TO: Kevin C. Wilson, PE
Assistant County Administrator
Suz2nne Rubio
Executive Administrator
FROM: Pamela G. Hance.
SUBJECT: May 20th BOCC Meeting
Enclosed are two duplicate originals of the following item, executed on behalf of Monroe
County, for your handling:
PI O 9th Amendment to die State Revolving Fund Agreement with die State of Florida
Department of Environmental Protection for loan W W440710 authorizing a one-year deferral of
loan payments until June 15, 2021.
Please be sure to return a fully executed original (or electronic copy) to this office once
signed by the state. Should you have any questions please feel free to contact me at(30.5) 292-
3550.
cc: County Attorney
Finance
File
KEY WEST MARATHON PLANTATION KEY PK/ROTH BUILDING
500 Whitehead Street 3117 Overseas Highway 88820 Overseas Highway 50 High Point Road
Key West,Florida 33040 Marathon,Florida 33050 Plantation Key,Florida 33070 Plantation Key,Florida 33070
305-294-4641 305-289-6027 305-852-7145 305-852-7145
STATE REVOLVING FUND
AMENDMENT 9 TO LOAN AGREEMENT 71
MONROE COUNTY
This amendment is executed by the STATE OF FLORIDADEPARTMENT OF
ENVIRONMENTAL (Department)and MONROE COUNTY,FLORIDA,
l Government)existing as a local governmental entity under the laws of the State o
Florida. Collectively, the Department and the cal Government shall be referred to as"Parties"
r individually as "Party".
e Department and the Local Government entered into to Revolving Fund Loan
Agreement,Number WW440710,as amended; and
Tbe Local Government has requested,and the Department has agreed to loan revisions to allow
the Local Government to address " edi to economic conditions.
e Parties hereto e as follows:
1. The Semiannual Loan Payment, as established in Section 10.05 C the Agreement, is
wised as follows::
Semiannual aye e due June 1 , 2020 and December 15,2020 shall be
suspended, d no payment shall be due. Semiannual Doan Payments beginning June 1 , 2021
d continuing semiannually there r on December 15 and June 15 of each year until all
amounts due hereunder have been fully paid, shall include principal and interest and shall be i
the amount of$4,689,740.35.
® All other terms and provisions of the Loan Agreement shall remain in effect.
REMAINDER OFPAGE INTENTIONALLY LEFT LAB
I
This Amendment 9 to Loan Aglia..iiient W W4407I0 may be executed in two 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 amendment w the Loan
Agreement to be executed on its behalf by the Secretary or Designee and the Local Government
has caused this amendment to be executed on its behalf by its Authorized Representative and by
its affixed seal. The effective date of this amendment shall be as set forth below by the
Department.
for
MONROE COUNTY
Mayor
Attest. Approved as to form and legal sufficiency:
AV15P fiN MK CL€mc
oE. CLERK Ywi /haG
County Clerk Assistant County Attorney
SEAL
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for
STATE OF FLORIDA = i m
DEPARTMENT OF ENVIRONMENTAL PROTECTION y 2
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oglolly sign H by Irma vklmuer
Trina Vielhauer Date:,o,bo„o,,,,,,,0,g0.
Secretary or Designee Date
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