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HomeMy Public PortalAboutAddendum No 1 to Contract No. 186-2018 ...onal Signal Corp - Industrial Pkwyi, THIS ADDENDUM, (Number I to Contract No..186-2018) is made and entered into this dayIq of 20 b and between Richmond Indiana a municipal � _-�a Y p corporation acting through its Board of Public works and Safety with'its office at 50 North 5thStreet, Richmond, Indiana, 47374 (hereinafter referred to as "City"), and National Signal Corporation, 47433 Ryan Road, Shelby Township, Michigan, 48317 (hereinafter referred to as "Contractor"). WHEREAS, City and Contractor entered into Contract No. 186-2018 on November 29, 2018; and WHEREAS, City wishes to continue to .retain Contractor to continue to provide services in connection with the inspection, testing, and repair of railroad crossing protection equipment for the City of Richmond as set forth within the scope of Contract_ No. 186-2018. NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, including the above stated recitals, City and Contractor hereby agree as follows: 1. The C ity and Contractor executed and entered into Contract No. 186-2 018, on November 29, 2018.' Pursuant to Contract No. 186-2018, Section IV Term of Agreement, the City has an option to renew the Agreement for the 2020 calendar year, which option is exercised pursuant to this Addendum. Said Section in the Agreement also provides that the quoted rate compensation payable to Contractor is to be at the increased rate of Five Hundred Twenty Dollars and Zero Cents ($520.00) per month for the 2020 calendar year. Contractor shall continue to provide services in connection with the inspection, testing, and repair of railroad crossing protection equipment for the City of Richmond as identified within Contract No. 186-2018 for the 2020 calendar year at the increased rate quoted. Such services shall be performed in a manner consistent with Contract No. 186--2018, which is hereby incorporated'by reference and made a part hereof, at the same rates as set forth within said Agreement. 2. City and Contractor expressly agree that the City shall have an option to renew the Agreement for a final calendar year, as contained in Contract No. 186-2018, upon the same terms and conditions therein, for the calendar year 2021, at the same increased rate quoted, as set forth in Section IV of said Agreement. 3. City and Contractor expressly agree that all other terms, conditions, and covenants contained in Contract No. 186--2018, shall be applicable to the work performed pursuant to this Addendum, unless such term, condition or covenant conflicts with this Addendum Number 1, in which case this Addendum Number 1 shall be controlling. Addendum No. 1 to Contract No.186--2018 Page I of 2 4. Both parties hereby agree that with the exception of the .extension of the contract date of termination pursuant to the exercise of the option to renew the contract for the 2020 calendar year at the increased rate quoted,. Contract No. 186-2018 shall remain intact and unchanged and in full force and effect. 5. Both parties agree that any person executing this Contract in a representative ' capacity hereby warrants that he or she has been duly authorized by his or her principal to execute this Addendum. IN WITNESS WBEREOF, this Addendum is executed- and 20 to beroved by the undersigned re resentatiyes of the Ci and Contractor this daLey!,r , p tY� � y of effective in accordance with its terms as of January 1, 2020. "CITY' "CONTRACTOR" THE CITY OF RICHMOND, NATIONAL SIGNAL CORPORATION 1NDLA,NA by and through its 47433 Ryan Road Board of Public works and Safety Shelby Township, MI 48317 By: � ��� BY: Vicki Robinson, President By; � _ Printed: T- �- �A�✓�-5 ��1� . Emily almer, Member ' 46 By;_ Title: Ar-ea Matt Evans, Member APPROVED: ( Date: 1 �ci�%Z�z� now, or . Date: Page 2 of 2