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HomeMy WebLinkAboutContract 47400-A1 Crry SECRETAXYL CONTRACT NO. FIRST AMENDMENT TO FORT WORTH CITY SECRETARY CONTRACT NO.47400 This Amendment is made between the City of Fort Worth("CITY"),a municipal corporation,acting herein by and through Jesus J. Chapa,its duly authorized Assistant City Manager and SP Plus Corporation("OPERATOR"),acting herein through Christopher B. Conley,its duly authorized Senior Vice President. WHEREAS,CITY and OPERATOR entered into an Agreement identified as Fort Worth City Secretary Contract No.47400 for a period of five years beginning February 1,2016; and WHEREAS,it is the collective desire of both CITY and OPERATOR to amend the Agreement to change the payment terns process for reimbursement of operating expenses. NOW THEREFORE,KNOWN ALL BY THESE PRESENT: Fort Worth City Secretary Contract No.47400 is hereby amended to be effective on February 1,2016 by: 1. Replacing Section 3.4 to read as follows: 3.4. PAYMENT TERMS: On or before the fifteenth day of each month, OPERATOR shall submit to CITY an invoice for the prior month's Operating Expenses and Management Fees together with such supporting detail to document the Operating Expenses. The CITY shall remit payment of each invoice within thirty days of receipt of the invoice. All other terms,provisions,conditions,covenants and recitals of said Agreement not expressly amended herein shall remain in full force and effect. APPROVED FOR APPROVED FOR CITY 0?jF FORT WORTH: SP PLU O O By: By: Jesus J. Chapa Christopher . Conley Assistant City Manage Senior Vice Pre dent Date: Ty—�� Date: ` ' /ti APPROVED AS TO FORM AND LEG I Y: By. �sV� Jessica Sangsv g , Assistant Ci ttorney �' pa ATTE ®� By: S Ma J. ay City Secret �,000aoo°o66 ®FFICIAL RECORD Xp►� ((,-07V SECRETARY Contract Authorization: M&C: - r"r WORTH,TX Date Approved: First Amendment to Fort Worth City Secretary Contract No.47400 Execution Copy 4/4/16 ry io 11 12 Al 21956 Ldoc A Location ID:05165 TX 1��y i/ ) APR 15 2016tJ