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2019-155AA
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2019-155AA
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Last modified
12/27/2019 2:26:15 PM
Creation date
11/15/2019 12:07:13 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/17/2019
Control Number
2019-155AA
Agenda Item Number
8.H.
Entity Name
IBM Southeast Employees’ Credit Union (formerly Oculina Bank)
Subject
First extension to Automated Teller Machine (ATM) agreement
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FIRST EXTENSION TO AGREEMENT FOR AUTOMATED TELLER MACHINE SERVICES BETWEEN IBM <br />SOUTHEAST EMPLOYEES' CREDIT UNION ("ATM OWNER") AND BETWEEN INDIAN RIVER COUNTY <br />("COUNTY") <br />THIS FIRST EXTENSION to the Agreement for Automated Teller Machine Services is entered into this 17th day <br />of September, 2019, by and between ATM OWNER and COUNTY. <br />BACKGROUND RECITALS <br />A. On July 12, 2016, OCULINA BANK and COUNTY entered into the Agreement for Automated Teller Machine <br />Services (the "Agreement"). <br />B. Effective April 1, 2019, Oculina Bank merged with IBM Southeast Employees' Credit Union, and now <br />operates as "IBM Southeast Employees' Credit Union." <br />C. Paragraph 6 of the Agreement contains the term and renewal provisions. <br />D. Pursuant to the Agreement, the parties desire to renew the Agreement by this First Extension and include <br />the mandatory termination clause relating to F.S. 215.4725. <br />NOW, THEREFORE, in consideration of the mutual undertakings herein, and other good and valuable <br />consideration, the parties agree as follows: <br />1. The background recitals are true and correct and form a material part of this First Extension. <br />2. The Agreement for Automated Teller Machine Services is hereby extended from August 16, 2019 until <br />August 15, 2020. <br />3. The following is added as a supplement to Paragraph 8 of the agreement: <br />8a. ATM OWNER certifies that it and those related entities of ATM OWNER as defined by Florida law are not <br />on the Scrutinized Companies that Boycott Israel List, created pursuant to s. 215.4725 of the Florida Statutes, <br />and are not engaged in a boycott of Israel. COUNTY may terminate this Contract if ATM OWNER, including all <br />wholly owned subsidiaries, majority-owned subsidiaries, and parent companies that exist for the purpose of <br />making profit, is found to have been placed on the Scrutinized Companies that Boycott Israel List or is <br />engaged in a boycott of Israel as set forth in section 215.4725, Florida Statutes. <br />4. All other provisions of the Agreement remain in full force and effect. <br />IN WITNESS WHEREOF, the parties have caused this Extension to be executed effective the day and year in which <br />set forth above. <br />��'i"coniMiss; <br />COUNTY: , 1 ••o,;, ., ATM OWNER: <br />INDIAN RIVER COUNTY 13s:IBM Southeast Employees' Credit Union. <br />By: �-2 c --P 'iy:44- <br />`� �) C'0 <br />oma°�� <br />By: �`'� (r ' , R i tti I .„.• (CORPORATE (CORPORATE SEAL) <br />Jas. E. B .wn, County Administrator <br />APPROVED • FORM AND LEGAL SUFFICIENCY <br />By: <br />Dylan Reingold, County Attorney <br />Jeffrey R. ^ th, Clerk of Court and Comptroller <br />Attest: <br />Deputy Clerk <br />(SEAL) <br />Attest <br />YVETTE WILDER <br />¢f;1 Notary Public - State of Florida <br />Commissions GG 196179 <br />ton My Cornr.t. Expires Apr 13.2022 <br />Bonded through National Notary Ass <br />/vt — W Ide r" <br />�m . k't.p • '-I-I 3 -aa <br />
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