Loading...
Contract - Round Rock Chamber, City of Round Rock - 12/15/2016 SECOND AMENDMENT TO THE ADMINISTRATION AND FUNDING AGREEMENT FOR THE CITY OF ROUND ROCK ECONOMIC DEVELOPMENT PROGRAM This Second Amendment ("Second Amendment") is to that one certain Administration and Funding Agreement for the City of Round Rock Economic Development Program ("Agreement")entered into on the 24t" day of September, 2015 by and among the City of Round Rock("City"), the Round Rock Transportation and Economic Development Corporation ("TED Corp.") and the Round Rock Chamber of Commerce("Chamber"), collectively the"Parties". RECITALS WHEREAS,the Parties entered into the Agreement on the 24'x'day of September,2015;and WHEREAS, the Parties entered into the First Amendment on the 22"d day of September, 2016 to extend the term to December 31,2016; and WHEREAS, the Parties have determined that it is in their best interest to modify and extend the term of the Agreement to January 31,2017; NOW THEREFORE,the Parties agree to amend and modify the Agreement as follows: I. 1.02 Article V,Term, Section 5.01. Term of Agreement is hereby amended to read as follows: Section 5.01. Term of Agreement. This Agreement is effective as of October 1, 2015, and shall expire on January 31, 2017. Regardless of the foregoing, the Parties anticipate this Agreement to be a long term multi-year relationship among the Parties, subject to annual renewals thereof. H. 2.01 To the extent necessary to effect the terms and provisions of this First Amendment, the Agreement is hereby amended and modified. In all other respects, the aforesaid Agreement is hereby ratified and confirmed. 2.02 This First Amendment may be executed in counterparts, each of which shall be an original and all of which together shall constitute buy one and the same instrument. IN WITNESS WHEREOF, this Agreement is entered into to be effective as of the 15th day of December,2016 Second Amendment;12-15-16(00368788) 1Pe_—Z0U Ivy -71w, - 4fi q'i �-Cvw V1 Roun oc Cha ber of e ce By: t�lik� 0�c n ' its City of Round ock,Texas By: "/E� Alan McGraw, Mayor Attest: Sara White, City Clerk For C' pproved as to fo StephanL Sheets, City Attorney Round Ro k Transportation and Economic Development Corporation By: Alan McGraw, President For TED Co p., approved s to form: Stephan 4. Sheets, Corporation Attorney