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HomeMy Public PortalAboutAddendum # 1 to Contract 158-2009 - Gripp Inc servicing flow monitoring equipment.docADDENDUM #1 TO CONTRACT NUMBER 158-2009 THIS ADDENDUM is made and entered into this _23rd ______ day of _November_____ 2010, by and between the City of Richmond, Indiana, a municipal corporation acting through its Board of Sanitary Commissioners, (hereinafter referred to as the “City“), and Gripp, Incorporated, (hereinafter referred to as the “Contractor”). WHEREAS, City and Contractor entered into Contract Number 158-2009 on October 27, 2009 for the purchase of certain flow monitoring equipment and for the servicing of such equipment for an initial term of one (1) year; and WHEREAS, such contract contains an option for the City to renew such Agreement for the servicing such equipment for an additional year at a price equal to or less than that stated in Contract Number 158-2009; and WHEREAS, the City desires to renew and extend such contract for an additional year pursuant to such option. NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, including the above stated recitals, City and Contractor hereby agree as follows: SECTION IV. TERM OF AGREEMENT of Contract 158-2009 will be revised as follows: The term of this Agreement shall continue, without interruption, until October 26, 2011. (All remaining terms of Article IV. shall remain in effect, including the right of the City to renew this Agreement for one additional one-year term upon the same terms and conditions.) Addendum #1 to Contract No. 158-2009 SECTION III. COMPENSATION As set forth in Contract No. 158-2009, City shall pay Contractor a sum not to exceed Twenty-Seven Thousand Nine Hundred Sixty-Two Dollars and Zero Cents ($27,962.00) for annual servicing of equipment pursuant to the Agreement. 3 City and Contractor expressly agree that all other terms, conditions and covenants contained in Contract Number 158-2009, shall be applicable to the work performed pursuant to this Addendum, unless such term, condition or covenant conflicts with this Addendum, in which case this Addendum shall be controlling. IN WITNESS WHEREOF, the parties execute this Agreement effective the day and year first above written, although signatures may be affixed at different times. “CITY” THE CITY OF RICHMOND, INDIANA by and through its Board of Sanitary Commissioners By:_S/S Richard Bodiker__________ Richard Bodiker, President Date:_November 30, 2010 __________ APPROVED:_S/S Sarah L. Hutton__ Sarah L. Hutton, Mayor Date:_December 1, 2010____________ “CONTRACTOR” GRIPP, INCORPORATED By:_S/S Douglas B. Gripp__________ Printed: (_Douglas B. Gripp______) Title:_President____________________ Date:_December 6, 2010 ___________