HomeMy WebLinkAboutexhibitPROFESSIONAL SERVICES AGREEMENT AMENDMENT
This agreement entered into as of the 30 day of November 2001, by and between
the City of Miami, a municipal corporation of the State of Florida, (hereinafter referred to
as "the City") and First Union National Bank of Florida, a national banking association
(the "Bank" or "First Union").
RECITALS:
WHEREAS, following the execution of an agreement with the Bank dated
, (the "Agreement") it merged with Wachovia Corporation, thereby resulting
in a change to its name, and
WHEREAS, the Bank has provided satisfactory services to the City, and
WHEREAS, the City also wants to exercise its option to extend the Agreement;
NOW, THEREFORE, in consideration of the above promises and for other good
and valid consideration, the parties hereto agree as follows:
1. The City agrees to permit the assignment of the Agreement from the Bank to
Wachovia Corporation ("Wachovia").
2. The parties agree to extend the Agreement for one (1) year ending on
November 29, 2005.
3. The Agreement is hereby amended to allow the City Manager to approve all future
extensions to the Agreement, if any, without further City Commission approval.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed
by the respective officials thereunto duly authorized, this day and year first above written.
ATTEST: CITY OF MIAMI, a municipal corporation
Of the State of Florida
BY:
PRISCILLA A. THOMPSON JOE ARRIOLA, CITY MANAGER
CITY CLERK
Approved as to form and correctness: WACHOVIA CORPORATION
BY:
JORGE L. FERNANDEZ SCOTT KRIEGER, VICE PRESIDENT
CITY ATTORNEY
Approved as to the insurance requirements:
DANIA F. CARRILLO
RISK MANAGEMENT ADMINISTRATOR