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best interests of the health, safety and welfare of the City and its residents and that those actions comply with the public purposes and applicable provisions of state and local law. NOW THEREFORE, the parties mutually agree as follows: 1. Section 1 (Contract Amount and Term) of the Agreement between the parties is modified to read in its entirety as follows: The Organization shall provide the programs and services set forth at Exhibit A (the "Program ") on behalf of the City, for the Contract Amount for the period commencing January 1, 2007 and ending December 31, 2011. 2. Exhibit A of the Agreement between the parties is modified to read in its entirety as follows: The Organization shall provide the following services and programs: (1) Acquisition, Demolition, Pre - development, Landscaping and Holding Costs for 632 Portage Avenue, South Bend, Indiana (2) Facade Matching Grant Program- — Establish a program designed to encourage private investment by commercial, industrial, and mixed use property owners or lessees on the Corridor. Commercial property includes property used primarily for for - profit, nonprofit, or religious activities. The program goal is to promote exterior improvements that enhance the appearance, value and character of the property. The program is not intended to support deferred maintenance. Lessees must provide written proof that the property owner has authorized the proposed improvements. The program shall require: (1) A maximum of one grant per property address per year. (2) A matching public investment not to exceed sixty percent (60 %) of the total project cost. The maximum grant shall not exceed twenty thousand dollars ($20,000). (3) Projects that create a noticeable visual improvement to the Corridor and are consistent with the revitalization action plan for the Corridor approved by the Contract Administrator. (4) To be eligible, the subject property must have proper insurance and be on current property taxes. (5) A minimum of two (2) estimates from licensed contractors detailing the scope of work with itemized prices must be obtained before a project is approved. An applicant or his/her relative may not provide an estimate for his/her own project.