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HomeMy WebLinkAboutAmendment 3Mats 05 03 10:53e Sarmi.nta Advertising AMENDMENT # 3 305377E055 P • 3 TO In AGR4EMENT PgrTWEEN '!' FIE CITY QF MIAMM > OR SARN TcFrO ADVERTISING GROUP L.L.C. BUS BENCH DESIQN, INSTALLATION AND MAINTENANCE This Amendment is entered into this day of , 2003, by and between THE CITY OF MIAMI, a municipal corporation of the State of Florida, hereinafter referred to as "CITY" and SARMIENTO ADVERTISING GROUP, L.L.C., a Florida limited liability company, hereinafter referred to as "CONTRACTOR" for the purpose of modifying that certain agreement between the CITY and CONTRACTOR for bus bench design, installation and maintenance (the "Agreement") as follows: WHEREAS, the CITY and CONTRACTOR entered into the Agreement for bus bench design, installation and maintenance; and WHEREAS, the CITY and CONTRACTOR, in Amendment #1 to the Agreement, acknowledged that the teams of the Agreement might need to be renegotiated after CITY approval of the Bus Bench designs and locations; and ' WHEREAS, the CITY and CONTRACTOR have renegotiated the terms of the Agreement; and WHEREAS, the CITY and CONTRACTOR desire to amend the Agreement to reflect the renegotiated terms. NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter contained herein, the parties hereto do hereby covenant and agree as follows: 1. ecjtMS, The Recitals and all statements contained therein are true and correct and are hereby incorporated into this Amendment. 2 percer tape Revenue, Notwithstanding anything to the contrary contained in the Agreement. the CITY shall not be entitled to receive a Percentage Revenue Payment. 3. Yearly Guaranteed !Minimum Pommel •cr Adve isinrt Ut'Laencl1. Exhibit "B" s n tr to the Agreement is deleted in ttij'�""T yearly guaranteed minimum payment per Advertising Bus Bench shall be as set forth in Exhibit "A" attached to this Amendment. 03-- 354 Mau 05 03 10:53a Sarmiento fldvartisinC 3053770756 P. 4 4. Increase in Numpees. Paragraph 2.3 of. Article II of the Agreement is deleted in its entirety and the following substituted in its place: 2.3 Increase in Nutn¢. CITY and CONTRACTOR may mutually agree, without the necessity of additional CITY COMMISSION approval, to increase the number of Bus Benches and City. Panels contemplated by this Agreement. In such event, the CITY may require an increase in the yearly guaranteed 1ninirntun payment per Advertising Bus Bench and City Panels. 5. Jvljnimum number of gdvertisine Bus Bencbea. Paragraph 1.1 of Article I, of Exhibit "A" to the Agreement is deleted in its entirety and the following substituted in its place: 1.1 CONTRACTOR shall install and maintain at no cost to the CITY 1500 Bus Benches at designated locations throughout the CITY. Of the 1500 total, a minimum of 450, but no more than 900 shall be Advertising Bus Benches. 6. Rate of Instailatiop of Novi -Advertising Bus Benches, Paragraph 1.5 of Article 1. of Exhibit "A" to the Agreement is deleted in its entirety and the following substituted in its place: 1.5 Contractor represents that as of March 31, 2003 it has installed 177 Non -Advertising Bus Beaches. Contractor shall install Non - Advertising Bus benches at a rate such that the total number of Bus Benches installed is 1500 by December 31, 2003. 7. Paragraph 1.6 of Article 1. of Exhibit "A" to the Agreement is deleted in its entirety and the following substituted in its place: 1.6 Contractor represents that as of March 31, 2003 it has installed 123 Advertising Bus Benches. Contractor shall bring the total Advertising Bus Benches installed to at least 200 by June 30. 2003; to at least 275 by September 31. 2003; to at least 350 by December 31. 2003; to at least 425 by March 31. 2004: and tnla by June 30, 2004. Totals may be reached by convening an installed Non -Advertising Bus Bench to an Advertising Bus Bench where such conversion is approved by the City. 8. Waiver of AIL Prior Clans. CONTRACTOR hereby waives all claims and causes of action of any nature whatsoever it may have against the CITY arising out of, or related in any way, to the subject matter of this Agreement accruing prior to the date of this Amendment. 9. Ingernnification, CONTRACTOR agrees to indemnify, defend, and save the CITY. its officials and employees. harmless from and against any and all claims which may arise r ic:tiw ainci Amend N3 Page 2 of 03- 354 May 05 03 10:53a Sarmiento Advertising 3053778756 13.5 out of the CITY entering into this Amendment. The provisions of this section shall survive the cancellation or expiration of this Agreement. 10. Prior Asreemeais. This Amendment incorporates and includes all prior negotiations, correspondence, conversations, agreements. and understandings applicable to the matters contained herein and the parties agree that there are no commitments. agreements or understandings concerning the subject matter of this Amendment that are not contained in this document. Accordingly, the parties agree that no deviation from the terms hereof shall be predicated upon any prior representations or agreements, whether oral or written. 1. Except as, specifically provided herein, all other terms and conditions of the Agreement shall remain in effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment #3 to the Agreement Between The City Of Miami And Sarmiento Advertising Group, L.L.C. For Bus Bench Design, Installation And Maintenance on the day and year fast above written. SARMIENTO ADVERTISING GROUP, L.L.C.. a Florida limited liability company Witness; "CONTRACT R" By: � f Print Name 8 Title ATTEST: By; Priscilla A. Thompson City Clerk mic;9ui bench Amend .3 By: rcos Guillermo Victoria Corporate Executive Vice -President, Publicidad Sarmicnto of South Florida, Inc.. Managing Partner. Sarmiento Advertising Group. L.L.C. THE CITY OF MIAMI. a municipal •corporation of the of the State of Florida "CITY" By; Page 3 of 5 Joe Arriola City Manager 03- 354 Kay 05 03 10:63a Sarmiento Advertising 3053778756 p.6 APPROVED AS TO FORM APPROVED AS TO INSURANCE AND CORRECTNESS REQUIREMENTS By: By: Alejandro Vilarello Diane Ericson. Adminisuaror City Attorney Risk Management MK:RIO ranch Anima 17 Page 4of5 • 03- 3'54 May 0S 03 10355a Sarmiento Advertising 305377875E AGREEMENT BETWEEN THECITY OF MIAMI AND SA.RMIENTO ADVERTISING GROUP, L.L.C. • FOR BUS BENCH DESIGN, INSTALLATION AND MAINTENANCE PA EXHIBIT "A" YEARLY .ED MINIMU NT PEA ADVEj q3 INO a C11 1.1 For the first 450 Advertising Bus Benches installed, the CONTRACTOR shall pay to the CITY the following minimum guaranteed payment per Advertising Bus Bench. Year Payment Pet Bus Bench 1 S 400.00 2 S 400.00 3 S 400.00 4 $ 400.00 5 $ 400.00 6 S 800.00 7 $ 800.00 8 $ 800.00 9 S 800.00 10 $ 800.00 11 S 900.00 12 S 900.00 13 S 900.00 4 5 900.00 15 S 900.00 1.2 Should CONTRACTOR seek to install more than 450 Advertising Bus Benches. CITY shall be entitled to require a higher yearly guarani minimum payment per Advertising Bus Bench for benches above 450. The City Manager is authorized to negotiate the new yearly guaranteed minimum payment per Advertising Bus Bench for benches above 450, provided that the rate may not be lower than the rate for the first 450 Advertising Bus Benches and may not vary the other terms of this Agreement. . rain Bw Beneh Arnoldt3 Page 5 of 5 03- 354 4/03/03 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT NO. 3 TO AN AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH SARMIENTO ADVERTISING GROUP, L.L.C. TO (1) LOWER THE NUMBER OF. ADVERTISING BENCHES FOR WHICH THE CITY OF MIAMI WILL RECEIVE. PAYMENT FROM 900 TO 450, (2) REDUCE THE MINIMUM GUARANTEED PAYMENT PER BENCH, ) ELIMINATE THE. REQUIREMENT THAT SARMIENTO PAY A PERCENTAGE OF GROSS REVENUES TO THE CITY, AND (4) ALTER THE RATE AT WHICH BUS BENCHES MUST BE INSTALLED. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is authoriZedl' to execute Amendment No. 3 to an Agreement, in a form acceptable to the City Attorney, with Sarmientc Advertising Group, L.L.C. to (1) lower the number of advertising benches for which the City of Miami will receive payment from 900 to 450, (2) reduce the minimum guaranteed payment per bench, (3) eliminate the requirement that Sarmientc pay a percentage of gross revenues to the City, and (4) alter the rate at which bus benches must be installed. 11 The herein authorization is further subject tCompliance m li nce with all requirements that may be imposed by the y At1 cable neyy including but not limited to those prescribed by app Charter and Code provisions. Section 2. This Resolution shall become effective immediately upon its adoption and signature Of the Mayor'.21 PASSED AND ADOPTED this day of , 2003. MANUEL A. DIAZ, MAYOR ATTEST: PRISCILLA A. THOMPSON CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: ALEJANDRO VILARELLO CITY ATTORNEY `/ If the Mayor does not sign this Resolution, it shall became effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor upones this overrideofsolution, it the veto by shall became effective immediately the City Commission. Page 2 of 2