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HomeMy WebLinkAboutContract 41645-E3 CITY SECRETARY CONTRACT No. 41645-E3 EXTENSION NOTIFICATION UNDER FORT WORTH CITY SECRETARY CONTRACT NO. 41645 GLOBAL SECURITIES LENDING AGENCY AGREEMENT,AS AMENDED This Extension Notification is entered into by and between the CITY OF FORT WORTH (the "Lender"), a home rule municipal corporation situated in portions of Tarrant, Denton, Wise, Parker, and Johnson Counties, Texas, with its principal place of business at 200 Texas Street, Fort Worth, Texas, and CITIBANK, N.A., a national banking organization (the "Agent"), with principal offices at 390 Greenwich Street, 4th floor, New York, New York 10013. RECITALS WHEREAS, the parties have previously entered into a Global Securities Lending Agency Agreement, which was executed on March 31, 2011, that agreement being Fort Worth City Secretary Contract No. 41645 (the "Agreement"); and WHEREAS, the Agreement involves the appointment and acceptance of the Agent to lend certain of the Lender's securities upon the terms and conditions set forth in the Agreement; and WHEREAS, the Agreement was amended in April 2011 to revise the term and certain other provisions, that instrument being Fort Worth City Secretary Contract No. 41645-A1; was amended effective April 1, 2018 to enact a revised Schedule III and was extended, that instrument being Fort Worth City Secretary Contract No. 41645-A2EI; and was amended effective June 7, 2018 to enact a revised Schedule 1, that instrument being Fort Worth City Secretary Contract No. 41465-A3 (collectively the three instruments are referred to hereinafter as the "Amendments"); and WHEREAS, the Agreement, as amended by the Amendments, provides for an initial one-year term and nine, one-year renewal options, with the latest renewal period ending on March 31, 2020; and WHEREAS, the parties wish to extend the Agreement, as amended by the Amendments, for an additional one-year period. NOW, THEREFORE, Lender and Agent, acting herein by and through their duly authorized representatives, agree as follows: 1. That Fort Worth City Secretary Contract 41645, as amended by Fort Worth City Secretary Contract Nos. 41465-A1, 41465-A2EI, and 41465-A3, is hereby renewed and extended for an additional one year term commencing on April 1, 2020 and ending March 31, 2021. OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX Ninth Extension —CSC 41645 Page 1 of 2 2. That this Extension Notification may be executed in several counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. A signature received via facsimile or electronically via email shall be as legally binding for all purposes as an original signature. 3. That all other provisions of the Agreement, as amended, that are not expressly amended herein shall remain in full force and effect. Executed this 24th day of August 2020. CITY OF FORT WORTH CITIBANK, N.A. By: Jesus J. Chapa By: Jesus "Jay" Chapa Name: Richard Kissinger Deputy City Manager Title: Director 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. By Jay ATTEST: see additional page By: Mary Kayser, City Secretary APPROVED AS TO FORM AND LEGALITY: By: see additional page Denis C. McElroy,Assistant City Attorney OFFICIAL RECORD CITY SECRETARY FT.WORTH,TX Ninth Extension —CSC 41645 Page 2 of 2 Signature: ��� Signature: Tesus T. Cha Jesus J.Cha pa(Aug 24,202014:56 CDT) Email: denis.mcelroy@fortworthtexas.gov Email: jesus.chapa@fortworthtexas.gov d4noon� 's°f°�..... o Signature: a °ape Ronald P.Gonzales(Aug 24, 15: ) pro °�0 Email: Ronald.Gonzales@fortworthtexas.gov o*6 ° ° ° *� oa b �aR QEXA5o4p