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Addenda to Contract Number 2,000,000 Concrete GST-South Co Rd #2 Tk, Dated 4-23-07 <br /> No. 1 <br /> Prior to the third year anniversary, the tank is to be renovated on the exterior. The annual fee in Year 1 <br /> through Year 5 is set at $ 16,445 .00. Beginning in Year 6, the annual fee reverts to the established base <br /> fee of $ 15 ,288 .00 . <br /> No. 2 <br /> PAYMENT TERMS : All applicable taxes are the responsibility of the Owner and in addition to the <br /> stated costs and fees in this contract. The first annual fee shall be due and payable October 1 , 2007 . <br /> Each subsequent annual fee shall be due and payable October 1 of each year thereafter. <br /> No . 3 <br /> Should Indian River County Utilities-Vero Beach, Florida elect to cancel this agreement prior to the <br /> fifth year anniversary, any outstanding balance for work completed shall be due and payable within thirty <br /> (30) days of notice to cancel . <br /> No. 4 <br /> As a result of this vessel being a concrete structure, this agreement excludes interior renovations and <br /> structural repairs. During interior washout/inspections, Indian River County Utilities-Vero Beach, <br /> Florida shall be furnished with a detailed report on conditions . If conditions warrant, Utility Service Co ., <br /> Inc . shall submit a proposal for structural repairs or interior renovation . Indian River County Utilities- <br /> Vero Beach, Florida is under no obligation to accept said proposal as a part of this agreement. <br /> Owner Utility Servic <br /> by e by 7 Z' <br /> date --`7 ,' Qdate 6 - ') 6 - 0 7 <br /> witne s:skaAtu witness 1�" Q,t V-01 <br /> �i.f ' • • _. . . <br /> The above signatories certify that they are duly authorized to sign this Contract and the Addenda on behalf of the entities <br /> " aiepresdnted. <br /> — The Company reserves the right to assign any outstanding receivables from this Contract to its Bank or other Lending Institutions <br /> as collateral for any Loans or Lines of Credit. <br /> SEAL SEAL <br /> C6hntyAdrd1nistrat6r <br /> APPHOVEb A8 TO <br /> FORM <br /> JE63 <br /> ALSUFFI IENCMARIAN <br /> TANT COUNTY ATTORNEY <br /> gof 3 <br /> Copyright 2002 <br /> Utility Service Co., Inc. <br />