HomeMy WebLinkAboutContract 45387-A9 CSC No. 45387-A9
AMENDMENT NO. 9 TO
FORT WORTH CITY SECRETARY CONTRACT NO. 45387
AGREEMENT FOR ARBITRAGE REBATE COMPLIANCE SERVICES
This Amendment No. 9 to Fort Worth City Secretary Contract No. 45387
("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 Hilltop Securities Asset
Management,LLC,formerly known as First Southwest Asset Management,Inc., a Delaware
Corporation ("First Southwest" or"Consultant").
WHEREAS,Issuer and First Southwest previously entered into an agreement for arbitrage
rebate compliance services, the same being Fort Worth City Secretary Contract No. 45387 (the
"Agreement"); and
WHEREAS, the Agreement provided for an initial term of one year and two one year
renewal options; and
WHEREAS, the Agreement was subsequently renewed twice and amended three times,
with each amendment extending the term for an additional one year period, those renewals and
amendments being Fort Worth City Secretary Contracts 45387-A1,A2,A3,A4, and A5; 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. 45387-A6; and
WHEREAS, in 2020 and 2021 the parties again entered into amendments to extend the
term,those amendments being Fort Worth City Secretary Contract Nos. 45387-A7 and 45387-A8;
and
WHEREAS,the current renewal term expires on January 31, 2022; and
WHEREAS,the Issuer and Consultant wish to again amend the Agreement, as previously
amended by Fort Worth City Secretary Contract No. 45387-A6, 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 7,"Effective Date of Agreement," of Fort Worth City Secretary Contract No.
45387, as previously amended, is hereby further amended and revised to provide that the
OFFICIAL RECORD
Amendment No.9—Arbitrage Rebate Compliance Services Agreement CITY SECRETARY
FT.WORTH, TX
Agreement shall continue in effect under the same terms and agreements until January 31, 2023,
unless terminated earlier in accordance with Section 7 of the Agreement.
2.
All other provisions of the Agreement, as amended, that are not expressly amended herein
shall remain in full force and effect.
3.
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 1,2022.
CITY OF FORT WORTH: CONSULTANT:
By: Reginald ZenoTreb 28,202210:28 CST) By:
Name: Reginald Zeno Name: Bill Johnson
Interim Assistant City Manager gd4a��n� Tale: Managing Director
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By: Jannette S.Goodall(Feb 28,2022 11:32 CST)
City Secretary
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: V V
Name: Alex Laufer,Debt Manager
APPROVED AS TO FORM AND LEGALITY:
By:
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Denis C.McElroy,Assistant City Attorney
OFFICIAL RECORD
Contract Authorization: M&C 21-0012 CITY SECRETARY
FT.WORTH, TX
Amendment No.9—Arbitrage Rebate Compliance Services Agreement