HomeMy WebLinkAbout2020-05-19 - Washington State Public Works Board - General Agreements / General Service Agreements - 2018-07CONTRACT FACE SHEET
Contract Number: PR18-96103-051
Amendment: A
PUBLIC WORKS BOARD
PRE -CONSTRUCTION LOAN CONTRACT
1. Contractor
2. Contractor Doing Business As (optional)
City of East Wenatchee
N/A
271 9'" Street NE
East Wenatchee, WA 98802
3. Contractor Representative
4. Public Works Board Representative
N/A
N/A
5. Contract Amount
6. Funding Source
7. Contract Start
8. Contract End
Date
Date
$750,000
Federal: ❑ State: 0 Other: ❑
Contract Execution
June 1, 2038
N/A: ❑
Date
9. Federal Funds (as applicable) Federal Agency CFDA Number
N/A N/A N/A
10. Tax ID #
11. SWV #
12. UBI #
13. DUNS #
91-9009051
0003756-00
601-140-637
14. Contract Purpose
The purpose of this amendment is to modify the loan terms and interest rate of the loan.
The Board, defined as the Washington State Public Works Board and Borrower/Contractor acknowledge and
accept the terms of this Agreement/Contract As Amended and have executed this Agreement/Contract
Amendment on the date below to start as of the date and year referenced above. The rights and obligations of
both parties to this Agreement/Contract As Amended are governed by this Agreement/Contract Amendment
and the following other documents incorporated by reference: Amendment Terms and Conditions. A copy of
this Agreement/Contract Amendment shall be attached to and made a part of the original Agreement/Contract
between the Board and the Borrower/Contractor. Any reference in the original Agreement/Contract to the
"Agreement" or the "Contract' shall mean the "Agreement As Amended" or "Contract As Amended,"
respectively.
FOR THE CONTRACTOR
FOR PUBLIC BOARD
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Scott Hutsell, Public Works Board Chair
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Print
Date
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APPROVED AS TO FORM ONLY
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This 18" Day of December. 2008
Date
Rob McKenna
Attorney General
Signature on File
Kathryn Wyatt
Assistant Attorne General
CLIENT INFORMATION
Legal Name:
Loan Number:
PROJECT INFORMATION
Project Title:
Project City:
Project State:
Project Zip Code:
LOAN INFORMATION
Loan Amount:
Total Estimated Cost:
Total Estimated Funding:
Loan Forgiveness % (if applicable):
Original Loan Term:
Revised Loan Term:
Original Interest Rate:
Revised Interest Rate:
Time of Performance
DECLARATIONS
City of East Wenatchee
PR18-96103-051
10th St NE Improvements
East Wenatchee
Washington
98802
$750,000.00
$750,000.00
$750,000.00
0%
5
20
0.78%
1.56%
24 months from Execution Date of this Contract to Project
Completion.
SPECIAL TERMS AND CONDITIONS GOVERNING THIS LOAN AGREEMENT
LOAN SECURITY CONDITION GOVERNING THIS LOAN AGREEMENT
This loan is a general obligation of the CONTRACTOR.
SCOPE OF WORK
Right of way acquisition and pre -construction activities for the 10'" street NE Eastmont Ave to
Kentucky Ave Improvement Project.
The project costs may include but are not limited to engineering, cultural and historical resources,
environmental documentation, review, permits,
The project needs to meet all applicable Local,
public involvement, easements, and bid documents.
State, and/or Federal standards.
AMENDMENT TERMS AND CONDITIONS
Washington State Department of Commerce
PUBLIC WORKS BOARD
PRE -CONSTRUCTION LOAN CONTRACT
Contractor/Borrower: City of East Wenatchee
Contract Number: PR18-96103-051
Amendment Number: A
The purpose of this amendment is to modify the loan term and interest rate of the above referenced Public Works
Board Program.
The Public Works Board (or its successors), a department of the State of Washington, (hereafter referred to as
the "Board") and the Contractor, listed above and on the attached Face Sheet, agree to amend the declared loan
as described below.
Board authorized extending term from 5 to 20 years, changing interest rate to .78% from 1.56%.
The Term of Loan is amended to delete the original Term of Loan in your contract and replace it with the LOAN
TERM as shown on the attached Declarations Page. The Amendment End Date on the attached Contract Face
Sheet reflects this new contract duration.