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HomeMy WebLinkAboutContract 41645-E2 y CITY SECRETARY CONTRACT No. Io�I S-Ea� EXTENSION NOTIFICATION UNDER X110 FORT WORTH CITY SECRETARY CONTRACT NO. 41645 c\�1'po P LOBAL 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-A2E1; and was amended effective June 7, 2018 to enact a revised Schedule I, 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 current renewal period ending on March 31, 2019; 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. Fort Worth City Secretary Contract 41645, as amended by Fort Worth City Secretary Contract Nos. 41465-A1, 41465-A2E1, and 41465-A3, is hereby renewed and extended for an additional one year term commencing on April 1, 2019 and ending March 31, 2020. OFFICIAL RECORD CITY SECRETARY FT. WORTH,TX Eighth Extension —CSC 41645 Page 1 of 2 2. All other provisions of the Agreement, as amended, t'aatt are not expressly amended herein shall remain in full force and effect. Executed this 15 day of February, 2019 CITY OF FORT WORTH CITIBANK,N. By: By: Susa&AWiis Na MGM Director Assistant City Manager T1t1 . Agency Securities Lerr.: -- freen�rich St+ Newyork NY 10(1:: Office: 212-723-523! Fax:212-723-8502 CONTRACT COMPLIANCE MANAGER: Email: richard.kissinger c:crti.com 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 R)d ed , Treasury Supefv1sor FORT ATTEST: V :Z By: * , Mary Kayser, ret APPROVED AS TO FORM AND LEGALITY: By: �Ix �� / Denis C. M Troy, A i tant City Attorney EFT- IAL RECORD, SECRETARY ORTH,TX , Eighth Extension —CSC 41645