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R2016-27 AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO ADDENDUM G OF THE MASTER PAYMENT PROCESSING AGREEMENT
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R2016-27 AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO ADDENDUM G OF THE MASTER PAYMENT PROCESSING AGREEMENT
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Last modified
3/31/2016 8:36:19 AM
Creation date
3/31/2016 8:36:18 AM
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Resolution/Ordinance
Res Ord Num
R2016-27
Res Ord Title
AUTHORIZING CITY MANAGER TO EXECUTE AND ENTER INTO ADDENDUM G OF THE MASTER PAYMENT PROCESSING AGREEMENT WITH FIRSTECH, INC.
Approved Date
3/21/2016
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Addendum G to <br /> Master Payment Prooessing Services agreemerrt betwee�QTY OF DECATUR and FIRSTECH,INC. <br /> EXTENSION OF CONTRACT TE� <br /> This Addendum(the"Addendum"},dated 0 3/21 /2 01 6 ,is by and between��Y OF DECATUR. <br /> (hereinafter"ClienY�and EirsTech,Inc.,an Illinois Corporation,(hereinafter"FrsTech'�,and is an extension of the <br /> Master Payment Processing Servic�.s Agreement induding Addendums A through F(the"Agreement'�,pursuant to <br /> which FirsTech agreed to provide payment processing and related services to Client's customers. The temu of this <br /> Addendum shalt prevail over the terms of the Agreement in the event of any conflict between them. <br /> For good and sufficient consideration,the sufficiency of which is hereby acknowledged,the parties agree as follows: <br /> General Terms� <br /> 1. This Addendum shall be effective as of the Effective Date above and extends the kerm of the Agreement <br /> through March 21st,2021,for ail services. Thereafter,the contracted services shall automatically renew for <br /> addifional five{5)year terms,unless one Party gives written notice ta the other party of its intent not ta <br /> renew the�senrices at least ninety(90)days prior to tfie expiration of such initial term or any renewal <br /> term. <br /> IN WITNESS WHEREOF,the parties hereto have caused this Addendum,consisting of one section,to be executed by <br /> their dufy authorized representativ�. <br /> CI?Y OF DE L FIRSTECH,INC. <br /> r �, <br /> By: `"' �---- gy; � � �'� <br /> Name: Tim Gleason Name• �OWA� i�. /7�0o�'VC i° 1� ' <br /> (Printed) (Pnnted) II <br /> Title: City Manager T�; ��S�O�T���� <br /> Date: March 21 , 2016 Date: �—Z-� —/�e <br />
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