HomeMy WebLinkAboutContract 45064-A1 °QTY SECRETARY
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FIRST RENEWAL OF FORT WORTH CITY SECRETARY CONTRACT 45064
BANKING SERVICES AGREEMENT
This FIRST RENEWAL OF FORT WORTH CITY SECRETARY
CONTRACT 45064 BANKING SERVICES AGREEMENT ("Renewal")is made and
entered into by and between the City of Fort Worth, Texas, hereinafter referred to as
CITY, whose address is City of Fort Worth, 1000 Throckmorton, Fort Worth, Texas
76102, and JPMorgan Chase Bank, N.A., hereinafter referred to as BANK, whose
principal office for the purpose of this Renewal is located at 420 Throckmorton, Fort
Worth,Texas 76102.
WHEREAS, CITY and BANK are parties to a Banking Services Agreement, the
same being Fort Worth City Secretary Contract 45064 dated November 4, 2013
("Agreement"); and
WHEREAS, the Agreement provides for an initial three-year term and that the
Agreement may be renewed for up to two additional, one-year periods by mutual written
agreement between the CITY and the BANK; and
WHEREAS, the Agreement's initial term expires on September 30,2016; and
WHEREAS, the parties wish to exercise the first renewal option and extend the
Agreement for an additional one-year period under the same terms and conditions;
NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and
agreements contained herein,CITY and BANK hereby agree as follows:
1. CITY and BANK mutually agree to renew and extend the Agreement, for a one-
year first renewal period under the same terms and conditions, with such renewal
term to begin October 1, 2016, and continue thereafter in full force and effect
through September 30, 2017.
2. All terms and conditions of the Agreement that are not amended herein shall
remain in full force and effect throughout the first renewal term.
OFFICIAL RECORD
CITY SECRETARY
First Renewal of Banking Services Agreement Page 1 of 2
FT.WORTH,TX
IN WITNESS WHEREOF, the parties hereto have executeA this Renew 1 in multiples in
Fort Worth,Tarrant County,Texas, this Kkf-`day of Z'c� , 2016.
FOR THE CITY OF FORT WORTH: FOR�j RGAN CHASE BANK,N.A.:
BY. BY:
Susan A ani J.Mic ael VVIson
Assistant City Manager Senior Vice P esident
APPR VED AS TO
FORM LEG T
BY: �A\' ((r��
Denis C.M roy
Assistant City Attorne
ATTEST• p°O� Q��
d' °ao �
BY: . g
Mary J. Kayse 0 o
City Secretarya U 0
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OFFICIAL RECORD
CITY SECRETARY
FT.WORTH, TX
First Renewal of Banking Services Agreement Page 2 of 2