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HomeMy WebLinkAbout2017-027 FOURTH EXTENSION TO AGREEMENT FOR PROVIDING AUCTION SERVICES FOR INDIAN RIVER COUNTY, FLORIDA This Extension to that certain Agreement to provide auction services is entered into effective as of February 19, 2017 by and between Indian River County, a political subdivision of the State of Florida ("County") and Associate Auctions, LLC, a Florida corporation, having its principal address at 608 S. Colorado Ave., Stuart, Florida 34994 ("Auctioneer'). BACKGROUND RECITALS A. Effective February 19, 2013, the County and the Auctioneer entered into an Agreement for Auction Services. B. Article 22 of the Agreement contains the term and renewal provisions. C. The first renewal term commenced effective as of February 19,2014 and ended on February 18,2015;the second renewal term commenced effective as of February 19, 2015 and ended on February 18,2016.The third renewal term commenced effective as of February 19, 2016 and will end on February 18, 2017. D. Pursuant to the Agreement, the parties desire to again renew the Agreement by this Extension. NOW, THEREFORE, in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the County and the Auctioneer agree as follows: 1. The background recitals are true and correct and form a material part of this Fourth Extension. 2. The fourth renewal term shall commence effective as of February 19, 2017 and shall end on February 18, 2018; one additional 12-month renewal term is available. All renewal terms are subject to 30-day termination in accordance with the terms of this Contract. 3. All terms and provisions of the Contract shall be and remain in full force and effect. IN WITNESS WHEREOF,the parties have caused this Amendment to be executed effective the day and year first set forth above. ASSOCIATE AUCTIONS, LLC INDIAN RIVER COUNTY, FLORIDA BOARD OF COUNTY Cf1MMISSIONERS M�py By G,/ By. Jat O..... thorized Si nature J ose Scher, C it n, Board of Count *., sio kc- i (Corporate Seal) Jason E. rown County Administrator o; r Date -Z Approved s to form and legal sufficiency: ��9oyR000Nr;.E'o� Dylan Reingold, County Attorney Attest: Jeffrey R. Smith, Clerk of Circuit Court And Comptroller \ By: <D Clerk '1nDroved nn the 21st day of Februarv, 2017