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Addenda to Contract Number 750,000 Hvdropillar-Roseland Tank, Dated 4-23-07 <br /> No. 1 <br /> Prior to the first year anniversary, the tank is to be renovated on the exterior. The interior is to be <br /> renovated prior to the third year anniversary date. The annual fee in Year 1 through Year 5 is set at <br /> $48,809.00 . Beginning in Year 6 , the annual fee reverts to the established base fee of $20, 352 .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 invoiced on or before October 1 , <br /> 2007 . The annual fee in Year 2 shall be due and payable October 1 , 2008 and each year thereafter on <br /> October 1 . <br /> No. 3 <br /> Should Indian River County Utilities-Vero Beach, Florida elect to cancel the contract prior to <br /> remitting the first five (5) annual fees, any outstanding balance for work completed shall be due and <br /> payable within thirty (30) days of notice to cancel . <br /> Owner Utility Servi Co nc . <br /> by � � Gt � /�i� by <br /> KV <br /> date date -a 6 - o <br /> witness witness ti <br /> The 'above signatories ceriity that they are duly authorized to sign this Contract and the Addenda on behalf of the entities <br /> repr6egied. <br /> The C u6p riy reser �s-the right to assign any outstanding receivables from this Contract to its Bank or other Lending Institutions <br /> as collateral fbt�attj^Lbans or Lines of Credit. <br /> SEAL SEAL <br /> ZG � rsta is rustrator <br /> AP RQvtO As to FORM <br /> AN G UFFICIEN <br /> Ii <br /> CY <br /> MARIAN E . FELE <br /> ASSISTANT COUNTY ATTORNE <br /> Page 3 of 3 <br /> Copyright 2002 <br /> Utility Service Co. , Inc. <br />