HomeMy WebLinkAboutContract 45144-A6 CSC No. 45144-A6
AMENDMENT NO. 6 TO
FORT WORTH CITY SECRETARY CONTRACT NO. 45144
FINANCIAL ADVISORY AGREEMENT
This Amendment No. 6 to Fort Worth City Secretary Contract No. 45144
("Amendment") is made and entered into by and between the City of Fort Worth, a home rule
municipal corporation of the State of Texas ("Issuer"or"City"), and FirstSouthwest,A Division
of Hilltop Securities, Inc., a Delaware Corporation ("FSC"or"Consultant").
WHEREAS, Issuer and FSC previously entered into an agreement for financial advisory
services, the same being Fort Worth City Secretary Contract No. 45144 (the"Agreement"); and
WHEREAS, the Agreement provided for an initial term of one year and two one year
renewals; and
WHEREAS,the Agreement was subsequently amended four times,with each amendment
extending the term for an additional one year period, those amendments being Fort Worth City
Secretary Contracts 45144-A1, A2, and A3; and
WHEREAS, in 2019 the parties again entered into an amendment to extend the term and
also to add language conforming with changes in Texas law, that amendment being Fort Worth
City Secretary Contract No. 45144-A4; and
WHEREAS, in 2020, the parties again entered into an amendment to extend the term for
a six month period,that amendment being Fort Worth City Secretary Contract No. 45144-A5; and
WHEREAS, the current renewal term expires on January 31, 2021; and
WHEREAS, the Issuer and FSC wish to again amend the Agreement, as previously
amended by Fort Worth City Secretary Contract No. 45144-A4, to provide an additional twelve
month extension for continued services.
NOW, THEREFORE, City and Consultant, acting herein by and through their duly
authorized representatives, agree as follows:
1.
That Section II, "TERM OF AGREEMENT," of Fort Worth City Secretary Contract No.
45144, as previously amended, is hereby further amended and revised to provide that the
Agreement shall continue in effect under the same terms and agreements until January 31, 2022,
unless terminated earlier in accordance with Section III of the Agreement.
OFFICIAL RECORD
Amendment No.6—Financial Advisory Agreement CITY SECRETARY
FT.WORTH,TX
2.
That all other provisions of the Agreement, as amended, that are not expressly amended
herein shall remain in full force and effect.
3.
That this Amendment 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.
IN WITNESS WHEREOF,the parties have executed this Amendment to be effective February 1,2021.
CITY OF FORT WORTH: FIRSTSOUTHWEST,A DIVISION OF
HILLTOP SECURITIES,INC.
By. �.0 wlFab By. a qnm rlFb4m Y3 S
Name: Jesus"Jay"Chapa Name: Laura Alexander
Deputy City Manager Title: Regional Managing Director
Date: Feb 8,2021 Date: Feb 8,2021
4444���
,d FORr�aa
a F°°°°°°°°° a
ATTEST: � �� 4
° °oo�dd
G g
vo °=
°•1d
Pd
By: p� c
0000000coo
City SecretarynEXP54ap�
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: cs,
Name: John Samford,Assistant Finance Director
APPROVED AS TO FORM AND LEGALITY:
By:
Denis C.McElroy,Assistant City Attorney
Contract Authorization: M&C 21-0012
OFFICIAL RECORD
Amendment No.6—Financial Advisory Agreement CITY SECRETARY
FT.WORTH,TX