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HomeMy Public PortalAboutAddendum No. 1 to Contract No. 37-2020 - O.W. Krohn - financial services ADDENDUM 1 TO CONTRACT NO. 37-2020 This Addendum to Contract No. 37-2020, executed on the 10th day of March, 2020, by and between the City of Richmond, Indiana,by and through its Board of Sanitary Commissioners (hereinafter, "City"), and O.W.Krohn&Associates,LLP (hereinafter "Contractor"), is hereby entered into retroactively as of the Pt day of January,2021 although signatures have been affixed subsequent to that date. WHEREAS, on or about March 10,2020,the City and Contractor entered into an Agreement for services to be rendered by Contractor to City for good and valuable consideration with said Agreement bearing Contract No. 37-2020; and WHEREAS,the original Agreement expired as of December 31, 2020 unless the parties extended the same by a written and signed Addendum;and WHEREAS,the parties failed to execute a written Addendum prior to the expiration of the original Agreement;however, each party has operated pursuant to the terms and conditions of the original Agreement throughout the entirety of the year 2021; and WHEREAS,Exhibit"A"to Contract 37-2020 does contemplate a term to expire on December 31,2022; and WHEREAS,the parties now desire to formally extend the term of the original Agreement by complying with the extension terms of the original Agreement through December 31,2022. NOW,THEREFORE, for valuable consideration and passage by majority vote of the Board of Sanitary Commissioners,the parties now implement this Addendum to Contract No. 37-2020,to wit: 1. The parties agree that Contract No. 37-2020 shall continue in effect until and including December 31,2022,unless the parties extend the Agreement by a written and signed Addendum. 2. The parties agree that the remainder of the terms and provisions of the underlying Agreement shall remain in full force and effect unless specifically modified herein. 3. The parties acknowledge and agree that any person executing this Addendum in a representative capacity for Contractor hereby represents and warrants that he or she has been duly authorized, in writing, by Contractor to execute this Addendum on behalf of Contractor and his or her signature is binding upon Contractor and its assigns, and that such authorization has not been rescinded or revoked. [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK. SIGNATURES TO FOLLOW ON PAGE 2] 2 "CITY" "CONTRACTOR" The City of Richmond, Indiana,by and O.W.Krohn&Associates, LLP through its Board of Sanitary Commissioners By: Sue Miller, President Dated: /ef (Printed): Ia 1\\ Title: Aman Bakshi,Vice President Dated: �aILZ Dated: S-Z'-E-�7-2— iear 41 eg Stein ,Member Dated: g-e APPROVED: David M. Snow, r kblfr