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HomeMy Public PortalAbout003 - Contract No. 16-2006 - City - Chase BankADDENDUM NO. 3 THIS ADDENDUM (No. 3 to Contract No. 16-2006) is made and entered into this 22" d day of January, 2009, by and between the City of Richmond, Indiana, a municipal corporation acting through its Board of Public Works & Safety, with its office at 50 North 5t Street, Richmond, Indiana (hereinafter the "City"), and JPMorgan Chase Bank, N.A., 1 East Ohio Street, Suite IN1-0045, Indianapolis, Indiana 46277-0045 (hereinafter the "Contractor"). WHEREAS, City and Contractor entered into an Agreement numbered 16-2006, which Agreement is attached hereto, marked as Exhibit A, and incorporated herein by reference, and an Addendum No. 1 to Agreement No. 16-2006, both dated March 1, 2006, and Addendum No. 2 to Agreement No. 16-2006 dated February 28, 2006 (hereinafter the "Agreement"); and WHEREAS, City wishes to retain Contractor to provide those services within the scope of Agreement for an additional fourth year upon the same terms and conditions, including all attached and incorporated Exhibits in said Agreement and Addendums, as proposed by Contractor in its response dated January 12, 2006, to City's Request for Proposals dated December 1, 2005; and 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. Contractor shall perform certain banking services as delineated in Agreement for an additional one (1) year ending February 28, 2010. 2. City shall pay Contractor at a five (5%) percent increase to the current rates under the Agreement for such additional term. 3. City and Contractor expressly agree that all other terms and conditions and covenants contained in Agreement No. 16-2006 shall be applicable to the work performed pursuant to this Addendum, unless such terms, conditions, or covenants conflict with this Addendum, in which case this Addendum shall be controlling. The remainder of this page is intentionally left blank. Signature page follows. Addendum No. 3 to Contract No. 16-2006 IN WITNESS WHEREOF, the parties execute this Agreement effective the day and year first written above, although signatures may be affixed at different times. "CITY" THE CITY OF RICHMOND, INDIANA by and through its Board of Public Works and Safety By:_S/S Vicki Robinson Vicki Robinson, President By:_S/S Dian Lawson Dian Lawson, Member By:_S/S Mary Jo Flood Mary Jo Flood, Member Date: January 22, 2009 APPROVED:_S/S Sarah L. Hutton Sarah L. Hutton, Mayor Date: January 23, 2009 "CONTRACTOR" JPMORGAN CHASE BANK By:_S/S Sherry Dietzen Printed: Sherry Dietzen Title: Vice President Date: February 4, 2009 Addendum No. 3 to Contract No. 16-2006