2. FCCEDC Growth Initiative Fnd
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2. FCCEDC Growth Initiative Fnd
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<br />RECEIVED <br /> <br />I JAN 2 7 2005 AMENDMENT NO.2 TO <br />, MEMORANDUM OF UNDERSTANDING <br />, CASS COUNTY COMMISSION '~[)ð D <br />TInS AMENDMENT is made and entered into this 3yJday of,'f;t1/JI1r/J ~4999., by and between the <br />CITY OF FARGO, NORm DAKOTA, a municipal corporation unde~the State of North Dakota, <br />hereinafter called "Fargo", the CITY OF WEST FARGO, NORm DAKOTA, a municipal corporation under the <br />laws of the State of North Dakota, hereinafter called, "West Fargo", and CASS COUNTY, NORm DAKOTA, a <br />political subdivision of the State of North Dakota, hereinafter called"Cass County", said entities also being referred <br />to in this Agreement collectively as "governmental entities", and GROWfH INITIATIVE FUND, a North Dakota <br />non-profit corporation, hereinafter called "GIP". <br /> <br />Preliminary Statement <br /> <br />Pursuant to a Memorandum of Understanding dated February 14, 1997, the governmental entities and <br />the GIP agreed that the GIP would administer the PACE Loan Program for Fargo, West Fargo and Cas~ County. <br /> <br />The parties desire to amend the Memorandum of Understanding to set forth the amount of funding by <br />the governmental entities for 2000. <br /> <br />NOW, THEREFORE, it is agreed by and between the parties as follows: <br /> <br />1. <br /> <br />Section 3, Funding, is amended by adding the following thereto: <br /> <br />(a) <br /> <br />Each of the governmental entities agrees to contribute to the Loan Pool the following <br />amounts for 2000: <br /> <br />Fargo - $260,000 <br />West Fargo - $45,000 <br />Cass County - $400,000 <br /> <br />The cities of Fargo and West Fargo will remit their funds to the GIF in the first quarter of <br />2000. Cass County will remit funds as they beco'fle available from tax collections. <br /> <br />2. Except as amended herein, the Memorandum of Understanding, as amended, shall remain <br />in full force and effect. <br /> <br />IN WITNESS WHEREOF, the parties have executed this Agreement as of the day.and year first above <br />written. <br /> <br />~z~ <br /> <br />Its: --A1 ÄYw- <br /> <br /> <br />::s ::~OTA <br /> <br /> <br />94182\AMEND 2 TO MEM <br /> <br />CITY OF WEST FARGO, - <br />NOR~A <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />By: ,-V~ <br />ts: -~ <br />G R 0 WfH INITlA TIVE FUND <br />By: ~mr C.I2L, <br />Its: ý~ <br />
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