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2016-104A
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2016-104A
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Last modified
8/3/2016 12:35:41 PM
Creation date
8/3/2016 12:35:41 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/12/2016
Control Number
2016-104A
Agenda Item Number
8.N.
Entity Name
Oculina Bank
Subject
Automated Teller Machine ATM
Area
County Admin Bldgs
Bid Number
RFP 2016042
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Agreement <br /> THIS AGREEMENT made and entered into this 12th day of Jam, 2016, by and between Oclulina Bank, <br /> hereinafter called the ATM Owner and Indian River County, 180127 1h St. Vero Beach, FL. hereinafter called <br /> the County. <br /> WITNESSED:That whereas,the COUNTY and the ATM Owner agree as set forth below: <br /> 1. BASIC AGREEMENT <br /> As per specifications of advertised and sealed Indian River County Request for Proposal #2016042: <br /> It is hereby agreed that ATM Owner is granted the exclusive right to securely install, maintain, repair, and <br /> insure an automated teller machine ("ATM") at each of the locations indicated at no cost or obligation to the <br /> County.There will be no County participation in the operation or maintenance of the ATM. <br /> 2. FILLING THE MACHINE <br /> It shall be the responsibility of the ATM Owner to maintain sufficient funds in the machine and replenish the <br /> ATM with cash. <br /> 3. ELECTRICAL REQUIREMENTS <br /> The County shall be responsible for the electrical line installation (standard 110 volt outlet), and the ongoing <br /> monthly cost for electrical service.ATM Owner, at its discretion and expense, shall connect the ATM through <br /> a wireless device. <br /> 4. INSTALLATION & MAINTENANCE <br /> ATM Owner shall install or contract installation of the ATM. For insurance requirements and security <br /> purposes, the ATM must be bolted to the floor. ATM Owner shall provide all labor involved with service and <br /> maintenance of the ATM, including supplies. ATM Owner shall provide 24-hour customer help and technical <br /> support. A Toll Free number shall be prominently displayed on the front of the ATM for customers to call for <br /> assistance. <br /> S. SIGNAGE <br /> ATM Owner shall be allowed to erect ATM signage, subject to review and approval by the County, as <br /> necessary to attract ATM business. Signage shall not be placed in view from the exterior of the building. <br /> 6.TERM OF AGREEMENT <br /> This Agreement shall commence on August 16, 2016 and remain in effect for a term of thirty six(36) months. <br /> The County retains the right to automatically renew this Agreement with the consent of ATM Owner, under <br /> the same terms and conditions,for two additional twelve(12) month terms.Additional terms and/or services <br /> may be added to this Agreement upon satisfactory negotiation of terms between the County and ATM <br /> Owner.ATM Owner must receive written notification from the County to cancel no less than 60 days prior to <br /> the end of the initial term. Upon removal of the ATM, ATM Owner is not responsible for restoring the <br /> County's property to its pre-installation condition (i.e. replacing flooring), unless caused by negligence or <br /> intentional damage. <br />
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