HomeMy WebLinkAboutContract 53900-T1 CITY SECRETARY
ONNTRACT N0. 5 30100-T►.
TERMINATION AND RELEASE AGREEMENT
Trust Fund Event Support Contract
City Secretary Contract Number 53900
This TERMINATION AND RELEASE AGREEMENT ("Termination Agreement")
is made and entered into by and between the City of Fort Worth("City"), a home-rule municipal
corporations, acting by and through its duly authorized representative, and American Paint Horse
Association ("Company"). The City and Company are collectively referred to herein as the
"Parties".
The following statements are true and correct and form the basis upon which the parties
have entered into this Agreement:
WHEREAS, City and Company are currently parties to a Trust Fund Event Support
Contract, pursuant to which the City has agreed to reimburse certain costs relating to the
Company's 2020 American Paint Horse Association World Championship from September 21 —
October 4, 2020, the same being Fort Worth City Secretary Contract Number 53900
("Agreement").
WHEREAS, due to the recent events surrounding COVID-19, the Company has
reformatted its 2020 American Paint Horse Association World Championship to include new Ivent
dates of September 18—October 4, 2020;
WHEREAS, this change will require the submission of a new application to the EDT to
establish a new Event Trust Fund;
WHEREAS, the Parties desire to memorialize-this-- d the formal
termination date of the Agreement; and
NOW,THEREFORE,in consideration of the mutual covenants,promises and obligations
contained herein,the parties agree as follows:
1. The Parties agree that the recitals set forth above are true and correct and form the basis of
this Termination Agreement.
2. The Agreement is hereby terminated effective as of July 21, 2020.
3. Company, and its officers, representatives, successors, and assigns, does hereby fully,
finally, completely, generally, and forever release, discharge, and relinquish the City, and its
respective officers, directors, elected officials, current and former employees, agents, attorneys,
successors, and assigns from any and all claims, actions, demands, liens, and causes of action of
whatever kind or character, at law or in equity, whether known or unknown; present or future;
liquidated or unliquidated; asserted or un-asserted;joint or several; matured or unmatured; direct,
indirect, or derivative; or fixed or contingent that Company has or might claim to have against the
City related to the Agreement.
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ORTH,TX
4. This Termination Agreement may be executed in multiple originals each of which shall be
deemed an original for all purposes.
5. If any action, whether real or asserted, at law or in equity, arises on the basis of any
provision of this Termination Agreement, venue for such action shall lie in state courts located in
Tarrant County,Texas or the United States District Court for the Northern District of Texas—Fort
Worth Division. This Agreement shall be construed in accordance with the laws of the State of
Texas.
6. This Termination Agreement contains the entire understanding and agreement between the
City and Company as to matters contained herein. Any prior or contemporaneous oral or written
agreement is hereby declared null and void to the extent it is in conflict with the terms and
conditions of this Termination Agreement.
7. All terms in this Termination Agreement that are capitalized but not defined shall hav the
meanings assigned to them in the Agreement.
IN WITNESS WHEREOF,the parties hereto have executed this Termination Agreeme in
multiples.
CITY OF FORT WORTH AMERICAN PAINT HORSE
ASSOCIATION
By: ��-5rk— By: '�? U)44tt
Jay Chapa Casey West
Deputy City Manager President
Date: 8—1- Aeg';w Date: 7/2/2QQ21b
APPROVED AS TO FORM
AND LEGALITY:
By:isi
yler F. Wallach
Assistant City Attorney F.�......
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ATTEST: ;' 1
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Mar&KayerL4
City Secretar
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CITY OF FORT WORTH USE ONLY
Contract Compliance Manager:
By signing I acknowledge that I am the person responsible
for the monitoring and administration of this contract, including
ensuring all performance and reporting requirements.
Brandy Wner
ProgranWoordinator
Contract Authorization:
City Council Resolution Number 3513-08-2007
0MCIAL RECORD
CCTV SECREtARY
FT. WORTH,TX
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