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HomeMy WebLinkAboutContract 55795-A1 CSC No. 55795-Al RIMMMIIIIIIIII 40 * City of Forth Worth 1120 South Fwy, Suite 106, Fort Worth, TX 76104 ♦ CoStar TM 2242862 Trae Williams -' Addendum to License Agreement This Addendum is made as of the date hereof by and between CoStar Realty Information, Inc. ("CoStar" or "Licensor") and City of Forth Worth ("Licensee") and is executed pursuant to and made a part of the License Agreement signed by Licensee on 6/2/2021, as amended, for the provision of Licensor's CoStar commercial real estate information service(s) (the "License Agreement"). Any capitalized term used in this Addendum and not otherwise defined shall have the meaning set forth in the License Agreement. NOW THEREFORE, Licensor and Licensee agree that the License Agreement shall be amended as follows: 1. Notwithstanding anything to the contrary in Section 4 of the License Agreement, Licensee's Initial Term shall be further extended for three (3) months and shall expire at 11:59 pm on 9/30/2022 (the "Extension Period"), unless earlier terminated pursuant to the terms therein. Licensee will pay a License Fee of$1,920.00 per month before taxes during the Extension Period. The License Agreement shall thereafter renew after the Extension Period in accordance with Section 4. 2. Licensor and Licensee agree that, except as expressly provided above, all of the terms of the License Agreement will remain in full force and effect. IN WITNESS WHEREOF,the parties hereto have executed this Addendum on the day and year set forth below and do each hereby warrant and represent that their respective signatories, whose signatories appear below, have been and are on the date hereof duly authorized by all necessary and appropriate action to execute this Addendum. CoStar Realty Information, Inc.: Licensee: By --Z By,P-6�S�- Name: Scott Wheeler Name: Robert Stur'r1S Title: CFO Title: Economic Development Director Date: 6-27-2022 Date: Jul 1,2022 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX City of Fort Worth,TX Page 2 Acknowledged and agreed to as it relates to the entire contract, including the Scope of Services on behalf of City of Fort Worth,Texas (the City). By: Reginald Zeno Jul 1,2022 09:26 CDT) Reginald Zeno Printed Name: Reginald Zeno Title: Interim Assistant City Manager Date: Jul 1, 2022 APPROVED AS TO FORM AND LEGALITY: iyf.�.uJa BY: 0� Title: Sr. Assistant City Attorney Attest: aqG coR����� a ` 0 00000 7� Tahhette S. Goodall _ ��o°° °°0��� By: ~o a�d Jannette Goodall 0 0 0 0 2d City Secretary ���*o o4 o 00 0 j, 0000000 /,/ �tl SEX ASa�p Signature: Email: Signature: Email: OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX