AMENDMENT NO. 1
AMENDMENT NO. 1 SUBRECIPIENT AGREEMENT BETWEEN THE VIRGIN ISLANDS HOUSING FINANCE AUTHORITY AND THE VIRGIN ISLANDS WATER AND POWER AUTHORITY This Amendment No. 1 is made this ____ date of August, 2024 by and between the Virgin Islands Housing Finance Authority (“VIHFA”) and the Virgin Islands Water and Power Authority (“VIWAPA”). WHEREAS, on July 2, 2024. the VIHFA and VIWAPA entered into a Subrecipient Agreement for the Propane Supply Infrastructure Acquisition, Subrecipient Agreement No.: SA-DR(VIWAPA)- 002-2024) funded through the Community Development Block Grant Mitigation ("CDBG-MIT") Grant; and WHEREAS, VIHFA is correcting the date of the Term of the Agreement in the SRA. WHEREAS, VIHFA is removing the requirement for Windstorm Insurance in the Agreement. NOW THEREFORE. in consideration of the mutual covenants herein contained and intending to be legally bound by this Agreement. the parties hereto do covenant and agree as follows: Section 1. …
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