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HomeMy WebLinkAbout2020-147SECOND EXTENSION TO AGREEMENT FOR AUTOMATED TELLER MACHINE SERVICES BETWEEN iTHINK FINANCIAL CREDIT UNION ("ATM OWNER") AND INDIAN RIVER COUNTY ("COUNTY") THIS SECOND EXTENSION to the Agreement for Automated Teller Machine Services is entered into this 18th day of August, 2020, by and between ATM OWNER and COUNTY. BACKGROUND RECITALS A. On July 12, 2016, OCULINA BANK and COUNTY entered into the Agreement for Automated Teller Machine Services (the "Agreement"). B. Effective April 1, 2019, Oculina Bank merged with IBM Southeast Employees' Credit Union, and operated as "IBM Southeast Employees' Credit Union." C. On September 17, 2019, Parties executed the First Extension to the Agreement for the period August 16, 2019 through August 15, 2020. D, Effective March 2, 2020, IBM Southeast Employees' Credit Union changed its name to 1THINK Financial Credit Union." E, Paragraph 6 of the Agreement contains the term and renewal provisions. F. Pursuant to the Agreement, the parties desire to renew the Agreement by this Second Extension. NOW, THEREFORE, in consideration of the mutual undertakings herein, and other good and valuable consideration, the parties agree as follows: 1. The background recitals are true and correct and form a material part of this Second Extension. 2. The Agreement for Automated Teller Machine Services is hereby extended from August 16, 2020 until August 15, 2021. 3. All other provisions of the Agreement and First Extension remain in full force and effect. IN WITNESS WHEREOF, the parties have caused this Extension to be executed effective the day and year in which set forth above. COUNTY: IN RIV COUNTY By: Susa d s, Chair By: Jason Administrator �,� OOh1M L By: COUtt�'� APPROVED AS V FORM AND LEGAL SUFFICIENCY By: Dylan Reingold, County Attorney Jeffrey R. /�hh, Clerk of Attest: a" �� Co and Comptroller Deputy Clerk (SEAL) h;e-F �Peaaf (CORPORATE SEAL) Attest DAWNMARfE CHRISTENSEN Notary Public - State of Georgia Cobb County My Commission Expires Jun 23. 2023