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■ <br />A. Completed SERVICES up to $160,000: AYSO 9 shall submit evidence of <br />completion of or portions of the SERVICES to CRPD; CRPD shall pay AYSO 9 <br />one half (1/2) of the amount requested for each portion requested, the total <br />amount not to exceed $80,000. <br />B. Completed SERVICES over $160,000: AYSO 9 shall submit evidence of <br />completion of or portions of the SERVICES to CRPD; CRPD shall pay AYSO 9 <br />the full amount requested for each portion requested. Upon completion of the <br />SERVICES, the full amount requested will become the loan amount ("LOAN <br />AMOUNT") (estimated to be $76,000) from CRPD to AYSO 9 and shall be <br />agreed to in writing between AYSO 9 and the CRPD. <br />C. AYSO 9 shall pay CRPD the interest free LOAN AMOUNT in 10 equal <br />installments due no later than April 1 of each year; the first installment is due <br />by April 1, 2 022 . <br />3. USE OF GRANT. AYSO 9's use of the GRANT and LOAN AMOUNT are subject to <br />the express terms and conditions of this Amendment #2. <br />4. PERMITS AND LICENSES. AYSO 9, or its designee, at its sole expense, will obtain <br />and maintain during the term of this Amendment #2, all appropriate permits and <br />licenses, and certificates that may be required in connection with the performance of <br />SERVICES under this Amendment #2. <br />5. PROJECT COORDINATION AND SUPERVISION. CRPD's Parks and Planning <br />Division will monitor the progress and execution of this Amendment #2. CRPD will <br />designate a representative to provide supervision and have the overall responsibility <br />for the progress and execution of this Amendment #2. <br />6. TERMINATION. This Amendment #2 and all terms and conditions of this Amendment <br />#2, will terminate by July 1, 2022 if no SERVICES have been rendered. <br />7. TERM OF MOU. The initial term of the April 19, 2007 MOU was extended by <br />Amendment #1 to April 1, 2023; and in accordance with Amendment #1 AYSO 9 is <br />provided an option to renew said MOU for an additional ten (10) year period expiring <br />April 1, 2033. Said option will be exercised automatically, with or without notice <br />unless, no later than October 1, 20227 AYSO gives written notice of intent not to <br />exercise said option. <br />By this Amendment #2, with the successful satisfaction by AYSO 9 of the terms and <br />conditions of this Amendment #2, AYSO 9 shall have an option to renew said MOU <br />for an additional ten (10) year period expiring April 1, 2043. Said option will be <br />exercised automatically, with or without notice unless, no later than October 1, 2032, <br />AYSO 9 gives written notice of intent not to exercise said option. <br />