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HomeMy WebLinkAboutContract 58829-A1CSC NO. 58829-Al AMENDMENT NO. 1 TO CITY SECRETARY CONTRACT NO. 58829 PURCHASE AGREEMENT This Amendment is entered into by and between the City of Fort Worth (hereafter 'Buyer"), a home rule municipal corporation, with its principal place of business at 200 Texas Street, Fort Worth, Texas, and IDT Payment Services, Inc. (hereafter "Seller"). Buyer and Seller are each individually referred to herein as a "Party" and collectively as the "Parties." WHEREAS, the Parties have previously entered into City of Fort Worth City Secretary Contract No. 58829 (the "Contract"); WHEREAS, the Contract was executed for Seller to provide the City for Gift Cards for the City of Fort Worth Police Department; and WHEREAS, the Buyer and Seller wish to amend the Agreement to update the expiration date to February 1, 2024 in the Term Section in Exhibit A. NOW, THEREFORE, Buyer and Seller, acting herein by the through their duly authorized representatives, enter into the following agreement to amend the Contract: 1. AMENDMENTS TO CONTRACT Section 3, entitled "Term," of the Agreement is hereby amended to read as follows: This Agreement shall begin on the date signed by the Buyer's signatory ("Effective Date") and shall expire on February 1, 2024 ("Expiration Date"), unless terminated earlier in accordance with this Agreement ("Initial Term"). Contract renewals are at the mutual agreement of both parties, to renew this Agreement under the same terms and conditions, for up to four (4) one-year renewal options. 2. ALL OTHER TERMS SHALL REMAIN THE SAME All other provisions of the Contract which are not expressly amended herein will remain in full force and effect. Amendment No. 1 to CSC No. 58829 Page 1 of 6 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX 3. ELECTRONIC SIGNATURE This Amendment may be executed in multiple counterparts, each of which shall be an original and all of which shall constitute one and the same instrument. A facsimile copy or computer image, such as a PDF or tiff image, or a signature, shall be treated as and shall have the same effect as an original. [SIGNATURE PAGE FOLLOWS] Amendment No. 1 to CSC No. 58829 Page 2 of 3 ACCEPTED AND AGREED: City of Fort Worth By: Name: Fernando Costa Mar 8, 2023 Title: Assistant City Manager Approval Recommended: 1rP` By. Robert Ile�dge Jr.(Mar. 8,202316:58 CST) Name: Robert A. Alldredge Jr. Title: Executive Assistant Chief 4apUOp4 p� 0FORT�y�9A0 Attest: Gig o Pvo o=4 o By: C aann n�aa54Qa Name: Jannette S. Goodall Title: City Secretary IDT PAYME7JL—) SERVICES, INC. By: Name: Marcelo Fisher Title: CFO APPROVED By Michael Grossman a19:41 am, Mar 07, 2023 Amendment No. 1 to CSC No. 58829 Page 3 of 3 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: Name Title: .K"!�i w Keith Morris Assistant Police Director Approved as to Form and Legality: 15; �17 �. By: Name: Taylor Paris Title: Assistant City Manager CONTRACT AUTHORIZATION: M&C: N/A Date Approved: Form 1295 Certification No.: N/A OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX