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HomeMy WebLinkAboutContract 35775-A8DocuSign Envelope ID: 4F57C6E7-BE7B-4CBF-A839-AFB9B0464B3F CSC No.35775-A8 EIGHTH AMENDMENT TO CSC No. 35775 MASTER COMMERCIAL CARD AGREEMENT THIS EIGHTH AMENDMENT (the "Amendment") to Commercial Card Agreement (as amended, supplemented, restated, or replaced from time to time, the "Agreement") dated as of August 31, 2007 between JPMorgan Chase Bank, N.A. or one or more of its Affiliates ("Bank") and City of Fort Worth, Texas ("Client") is made and is effective as of Julv 30, 2023 (the "Effective Date"). WHEREAS, Bank and Client entered into the Agreement on August 31, 2007, effective September 11, 2007; WHEREAS, Bank and Client agreed to the seventh Amendment which replaces Provision 7 of the Pricing Exhibit on October 15, 2021, effective September 1, 2021; WHEREAS, Client issued Request for Proposals for Purchasing Card Services ("RFP No. 21- 0095) on March 17, 2021; and WHEREAS, pursuant to RFP No. 21-0095, Bank and Client mutually agree to extend the terms of the Agreement for one (2)-year term with the option to renew for one remaining (2)-year term; NOW THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledge, Bank and Client agree to amend the Agreement, as previously amended, as follows: Definitions. Capitalized terms used in this Amendment and defined in the Agreement shall be used herein as so defined, except as otherwise provided herein. 2. Acknowledgment. The Parties hereto acknowledge and agree that the term of the Agreement shall be renewed for one (2)-year term from the Effective Date of this Amendment. Thereafter, the Agreement shall have the option to be renewed for one remaining (2)-year terms unless either Party terminates in accordance with the terms of the Agreement. 3. Continued Effect. Except to the extent amended hereby, all terms, provisions and conditions of the Agreement, as it may have been amended from time to time, shall continue in full force and effect and the Agreement shall remain enforceable and binding in accordance with its terms. 4. Counterparts. This Amendment may be executed in any number of counterparts, all of which when taken together shall constitute one and the same document, and each Party hereto may execute this Amendment by signing any of such counterparts. Facsimile signatures shall have the same force and effect as the original. OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX FOR DocuSign Envelope ID: 4F57C6E7-BE7B-4CBF-A839-AFB9B0464B3F IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their duly authorized representatives as of the Effective Date. JPMORGAN CHASE BANK, N.A. DOCUSigned by: By I a va 1, Gvt,t & 87156CO8DOB0442... Name Laura L Green Title vice President Client Authorization: The undersigned is an officer, member, manager, director, managing partner, or general partner (or person authorized to represent the foregoing), as applicable, of Client, authorized to bind Client to enter into and to perform its obligations under this Amendment. The undersigned certifies to Bank that the governing body of Client has adopted resolutions or other appropriate and binding measures authorizing Client to enter into and perform its obligations under this Amendment and that those resolutions or other appropriate and binding measures were: (a) adopted in accordance with, as applicable, all requirements of law and Client's organizational or constituent documents, (b) have been entered into the minute books or company records of Client, and (c) are now in full force and effect. Client shall provide to Bank immediately upon demand conclusive evidence of the authorizations described above. CITY OF FORT WORTH A By Reginald Zeno (Mav31.20231100 CDT) Name Reginald Zeno Title Chief Financial Services Officer Note: The legal name of any member, managing member or general partner who is signing but is not an individual person must appear in the signature block. Client Attestation: The undersigned officer, member, manager, director, managing partner, or general partner (or person authorized to represent the foregoing) of Client, hereby certifies that the individual signing above on behalf of Client has been duly authorized to bind Client and to enter into and perform its obligations under this Amendment and that the person signing above on behalf of Client, whose execution of this Amendment was witnessed by the undersigned, is an officer, member, manager, director, managing partner, or general partner (or person authorized to represent the foregoing) of Client possessing authority to execute this Amendment. Client shall provide to Bank immediately upon demand conclusive evidence of the authorizations described above. A By Name Janette Goodall Title City Secretary p 6 ,aZ14 O� F .o%%o o � o dva o =d P�� * o �*� d� d � nEXA5o4p OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX DocuSign Envelope ID: 4F57C6E7-BE7B-4CBF-A839-AFB9B0464B3F AS APPROVED TO FORM AND LEGALITY By: Name: Jeremy Anato-Mensah Title: Asst. City Attorney By: Jo Gunn�May31,202313:31 CDT) Name: Jo Ann Gunn Title: Asst. Finance Director City of Fort Worth 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: 7� U4&&& Name: Tracy Walter Title: Budget Analyst II