RESOLUTION 2012 -_____ MODIFICATION 3 TO THE SUB-GRANT AGREEMENT WITH THE FLORIDA DEPARTMENT OF COMMUNITY AFFAIRS FOR THE NEIGHBORHOOD STABILIZATION PROGRAM A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM COAST, FLORIDA, APPROVING MODIFICATION 3 TO THE FEDERALLY FUNDED SUB-GRANT AGREEMENT WITH THE FLORIDA DEPARTMENT OF COMMUNITY AFFAIRS FOR THE NEIGHBORHOOD STABILIZATION PROGRAM; AUTHORIZING THE CITY MANAGER TO REVISE ATTACHMENTS TO THE AGREEMENT AS REQUIRED; AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; PROVIDING FOR IMPLEMENTING ACTIONS AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Palm Coast entered into a Sub-Grant Agreement with the Florida Department of Community Affairs in order to implement the Neighborhood Stabilization Program; WHEREAS, the Florida Department of Community Affairs has initiated Modification 3 to the Sub-Grant Agreement in order to allow the City of Palm Coast to continue to implement the Neighborhood Stabilization Program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PALM COAST, FLORIDA, AS FOLLOWS: SECTION 1. APPROVAL OF MODIFICATION. The City Council of the City of Palm Coast hereby approves Modification 3 to the federally funded Sub-Grant Agreement with the Florida Department of Community Affairs for the Neighborhood Stabilization Program, which is attached hereto and incorporated herein by reference as Exhibit “A.” SECTION 2. AUTHORIZATION TO REVISE ATTACHMENTS TO THE AGREEMENT. The City Manager is hereby authorized to revise attachments to the SubGrant Agreement as required by the Florida Department of Community Affairs. SECTION 3. AUTHORIZATION TO EXECUTE. The City Manager, or designee, is hereby authorized to execute the necessary documents. Resolution 2012-____ Page 1 of 2 SECTION 4. SEVERABILITY. If any section or portion of a section of this Resolution proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the validity, force, or effect of any other section or part of this Resolution. SECTION 5. CONFLICTS. All resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are hereby repealed. SECTION 6. IMPLEMENTING ACTIONS. The City Manager is hereby authorized to take any actions necessary to implement the action taken in this Resolution. SECTION 7. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption by the City Council. DULY PASSED AND ADOPTED by the City Council of the City of Palm Coast, Florida, on this 4th day of September 2012. CITY OF PALM COAST, FLORIDA ATTEST: JON NETTS, MAYOR VIRGINIA A. SMITH, CITY CLERK Attachments: Exhibit A – Modification #3 to Federally Funded Sub-Grant Agreement with the Florida Department of Community Affairs for the Neighborhood Stabilization Program Approved as to form and legality William E. Reischmann, Jr., Esq. City Attorney Resolution 2012-____ Page 2 of 2