Conformed Copy - C1849 - National Agricultural Research Project - Amendment 4

Page 1 June 30, 1991 H.E. Musaba Mudavadi Minister of Finance Ministry of Finance P.O. Box 30007 Nairobi, Kenya Dear Sir: Kenya: National Agricultural Research Project (Cr. 1849-KE) Amendment We refer to the Development Credit Agreement for the above-mentioned Project, dated May 13, 1988 between the Republic of Kenya (the Borrower) and the International Development Association (the Association) as amended to date, and to your letter of June 10, 1993 requesting an extension of the project closing date and a reallocation of funds. We are pleased to inform you that the Association agrees to your request and proposes the following amendment to the Development Credit Agreement as follows: (a) "The date in Section 2.03 is amended to read "June 30, 1994." (b) The table set out in paragraph 1 of Schedule 1 to the Development Credit Agreement is amended to read as shown in the attachment to this letter. All provisions of the Development Credit Agreement as amended herein shall remain in full force and effect. Kindly counter-sign, date and return to us the enclosed copy of this letter. This amendment shall become effective as of date of counter- signature. Sincerely yours, Francis X. Colaco Director Eastern Africa Department Africa Region Confirmed: Republic of Kenya By Authorized Representative Date 24 July 1993 Attachment National Agricultural Research Project (Cr. 1849) The Table 1, in Paragraph 1 of Schedule 1 to the Development Credit Agreement is amended as follows: Page 2 Schedule 1 Amount of the Credit Allocated % of (Expressed in Expenditures Category SDR Equivalent) to be Financed (1) For Part A of the Project (a) Civil Works and 1,710,000 80% costs for consultant services for civil works (b) Vehicles, plane and 700,000 100% of foreign equipment expenditures and 70% of local expenditures (c) Nonsalary 1,320,000 (i) 90% up to an operating costs aggregate amount of SDR 700,000; thereafter (ii) 25% up to an aggregate amount of SDR 1,100,000; thereafter (iii)10% up to an aggregate amount of SDR 1,320,000 (d) Training, Workshops 280,000 100% and seminars (2) For Part B of the Project (a) Civil Works 6,060,000 80% (b) Vehicles plant 2,240,000 100% of foreign and equipment expenditures and 70% of local expenditures (c) Nonsalary 2,084,000 (i) 40% up to an operating aggregate costs amount of SDR 1,100,000; thereafter (ii) 25% up to an aggregate amount of SDR 1,800,000; thereafter (iii)10% up to an aggregate amount of SDR 2,084,000 (d) RRC Adaptive 500,000 100% (3) Refund of Project 86,000 Amount due pursuant to Section 2.02 Page 3 (4) Unallocated - 0 - TOTAL 15,500,000