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2. EXHIBIT B, Payment Schedule, shall be amended as follows: <br /> "City shall pay Recipient an amount not to exceed the total sum of Eighty Eight <br /> Thousand Five Hundred Dollars ($88,500) for improvements to be constructed." <br /> "Said maximum includes previously approved allocations of Fifty Five Thousand <br /> Dollars ($55,000), Thirteen Thousand Five Hundred Dollars ($13,500), plus <br /> additional funds under this amendment of Twenty Thousand Dollars ($20,000) <br /> and is the total for completion of all work items." <br /> 3. EXHIBIT E, General Federal /State Conditions, shall be amended as follows: <br /> 11. SECTION 3. <br /> a. "Section 3 requires that to the greatest extent feasible, opportunities <br /> for training and employment be given to Section 3 residents and <br /> businesses. A Section 3 resident is defined as residents of public <br /> housing, or low- income residents whose income (or a family whose <br /> income, adjusted for family size) does not exceed 50% of the median <br /> income, or low- income residents whose income (or a family whose <br /> • <br /> income, adjusted for family size) does not exceed 80% of the median <br /> income. A Section 3 business is one that is owned by Section 3 <br /> residents; or employs Section 3 residents in full -time positions; or <br /> subcontracts with businesses which provide economic opportunities <br /> to low- income persons." <br /> 4. In all other respects the Agreement is hereby ratified, confirmed and shall <br /> continue in full force and effect. <br /> • <br /> Amendment to Agreement <br /> Page 2 of 3 <br /> • <br />