Contract - JP Morgan Chase Bank - 4/9/2015 CITY OF ROUND ROCK §
STATE OF TEXAS § KNOW ALL BY THESE PRESENTS:
COUNTY OF TRAVIS §
COUNTY OF WILLIAMSON §
TERM RENEWAL AGREEMENT NO. 1
TO "DEPOSITORY AND BANKING SERVICES CONTRACT"
WITH
JPMORGAN CHASE BANK,N.A.
This Term Renewal Agreement No. 1 to "Depository and Banking Services Contract,"
hereinafter called "Renewal Agreement," is made by and between the City of Round Rock,
Texas, a home-rule municipality with offices located at 221 East Main Street, Round Rock, TX
78664-5299, hereinafter called "City" and JPMorgan Chase Bank, N.A., a national banking
association organized under the laws of the United States and authorized by law to do banking
business in Texas and now conducting such business in said state, hereinafter called "Bank."
WHEREAS, City and Bank executed the referenced "Depository and Banking Services
Contract," hereinafter called the "Agreement," on April 12, 2012, by Resolution No. R-12-04-
12-11E1; and
WHEREAS, pursuant to Section II of the Agreement, "Term, Renewal, and
Termination,"the initial term of the Agreement was for thirty-six (36) months from the effective
date of the Agreement; and
WHEREAS,the initial term of the Agreement expires April 12, 2015; and
WHEREAS, the parties desire to extend the term of the Agreement for the sole
allowable twenty-four(24)-month renewal term;
NOW THEREFORE, in consideration of the mutual promises and obligations in the
Agreement and this Renewal Agreement, City and Bank agree as follows:
I.
Pursuant to Section II of the Agreement, "Term, Renewal, and Termination," the term of
the Agreement is renewed for the sole allowable twenty-four (24) month renewal period. The
additional twenty-four (24) months shall commence on the last day of the original term of the
Agreement.
00331107/ss2
R-2Dl s-2358
II.
This Renewal Agreement embodies the sole allowable twenty-four (24) month renewal
period, and extends the original Agreement as to time only with no other changes in terms or
conditions of the original Agreement.
IN WITNESS WHEREOF, City and Bank have executed this Renewal Agreement on the dates
indicated.
CITY OF ROUND ROCK,TEXAS JPMORGAN CHASE BANK, N.A.
By: / 4 By: j
Printed Name- V1 Printed Name: L1V-nE 1 CakAl)i_L5_
Title: M(A Title: Sentry- aCn-)n-je_v(_icJ rg'jvC(_U_
Date Signed: •( Date Signed:
ATTEST: ''nn,,,, nn ' A �_[_j
By: 4I��IVV• Vlk4
Sara L. White, City Clerk
FOR CITY, A P OVED AS O FORM:
By:
Stepha Sheets, City Attorney
2