Laserfiche WebLink
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 />COUNTY: ATM OWNER: <br />INDIAN RIVER COUNTY IBM Southeast Employees' Credit Union. <br />By: <br />Bob Solari, Chairman <br />By: <br />Jason E. Brown, County Administrator <br />APPROVED AS TO FORM AND LEGAL SUFFICIENCY <br />By: <br />Dylan Reingold, County Attorney <br />Jeffrey R. Smith, Clerk of Court and Comptroller <br />Attest: <br />Deputy Clerk <br />(SEAL) <br />By: <br />Attest <br />(CORPORATE SEAL) <br />85 <br />