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Addenda t0 Contract Number 750.000 Concrete GST-North Beach Tank, Dated 4-23-07 No. 1 Prior to the third year anniversary, the tank is to be renovated on the exterior. The annual fee in Year 1 through Year 5 is set at $9,370. 00 . Beginning in Year 6, the annual fee reverts to the established base fee of $9,511 .00. No. 2 PAYMENT TERMS : All applicable taxes are the responsibility of the Owner and in addition to the stated costs and fees in this contract. The first annual fee shall be due and payable October 1 , 2007 . Each subsequent annual fee shall be due and payable October 1 of each year thereafter. No. 3 Should Indian River County Utilities-Vero Beach, Florida elect to cancel this agreement prior to the fifth year anniversary, any outstanding balance for work completed shall be due and payable within thirty (30) days of notice to cancel. No. 4 As a result of this vessel being a concrete structure, this agreement excludes interior renovations and structural repairs. During interior washout/inspections, Indian River County Utilities-Vero Beach, Florida shall be furnished with a detailed report on conditions . If conditions warrant, Utility Service Co ., Inc . shall submit a proposal for structural repairs or interior renovation. Indian River County Utilities- Vero Beach, Florida is under no obligation to accept said proposal as a part of this agreement. Owtler Utility Servic o . C . by date ,• �_� date" - e'Z date 6 - J6 - 6 r7 witness witness ', v above signatories certify that they are duty authorized to sign this Contract and the Addenda on behalf of the entities represented. The Company reserves the right to assign any outstanding receivables from this Contract to its Bank or other Lending Institutions as collateral for any Loans or Lines of Credit. SEAL SEAL rni istrator APPR , VEU AS 3n FORM AN ID E SUFFI`CJ ICY Z 278 ' MARIAN E . LL ASSISTANT COUNTY ATTORNEY Page 3 of 3 Copyright 2002 Utility Service Co., Inc.