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HomeMy WebLinkAboutC2018-646 - 9/18/2018 - Approved AMENDMENT NO. 1 TO AMENDED CONSULTING SERVICES AGREEMENT Whereas,on October 2,2015,the City of Corpus Christi(the"City")and the Corpus Christi Convention and Visitors' Bureau (the "CVB") entered into an Amended Consulting Services Agreement (the "Agreement") ; Whereas, Section 10 of the Agreement provided for a termination date of September 30, 2018; Whereas, the City and the CVB would like to extend the Agreement on a month- to-month basis until a new agreement can be reached; NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1) Section 10.01 of the Agreement is hereby amended to read as follows: "10.01. The term of the Agreement commences as of October 1, 2015 and continues until September 30,2018,subject to termination as provided in this Agreement. Upon the expiration of the original term, this Agreement shall automatically renew on a month-to- month basis unless either party provides one month's prior written notice of nonrenewal to the other party. This Agreement shall automatically terminate if the parties enter into a new consulting services agreement." 2) Section 8.04 is hereby added to the Agreement to read as follows: "8.04. Deduction of Advance Paid in 2017: For the 2018-2019 fiscal year, the City shall deduct an amount equal to $336,960 from the payments of the Contract Amount. Such funds shall be used to reimburse the City for the funds that were advanced to the CCCVB in the 2017-2018 fiscal year to fund additional advertising that was required due to a storm event. To reach the total of $336,960, $28,080 shall be deducted from each monthly payment made between October 1, 2018 and September 30, 2019." 3) All other terms and conditions of the previously executed Agreement between the parties which are not inconsistent herewith shall continue in full force and effect. This Amendment becomes effective upon execution by all parties. [Signature page to follow] C2018-646 9/18/18 M2018-179 CVB SCANNED EXECUTED IN DUPLICATE ORIGINALS by the authorized representative of the parties. City of Corpus ri: i/ Corps Christi Convention i � nd Visitors' Bureau / , / / ; _ , '/.=muel Keit S- man Paulette Kluge Interim City Man..er Chief Executive Officer • Date: r Date: �1 4A-1 g Att- eFIC 4.—',.. ...0' Ill ' Rebecca Huerta City Secretary proved as to egal Form on Z.1 of 5e0tA4Lec20 15c. Assistant City Attorney H2ct I1 21 ORI C c., e 1r COUPIC.IL.._.______. SFracTnv'