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HomeMy WebLinkAboutAdden 3 CAG-13-042,Adden#3-19 T Hwy` s11i r- AMENDMENT NO. 3 TO AGREEMENT FOR BANKING SERVICES THIS AMENDMENT,dated for reference purposes as October 1,2019,is by and between the City of Renton ("CITY"), a Washington municipal corporation, and U.S. Bank N.A ("BANK"). CITY and BANK are referred to collectively in this Amendment as the"Parties."Once fully executed by the Parties,this Amendment is effective as of the last date signed by both parties. Whereas, CITY engaged the services of BANK under Agreement CAG-13-042, dated January 1, 2011 and as subsequently amended,to provide necessary banking services(referred to herein as the "Agreement"); Whereas, the Parties wish to amend the Agreement to change the term of contract in order to extend the existing term one(1) additional year. NOW THEREFORE, It is mutually agreed upon that CAG-13-042 is amended as follows: 1. Term of Contract: Section 3, Term of Contract, is amended such that the term of this Agreement shall continue through December 31, 2020. 2. All terms of the Agreement not explicitly modified herein shall remain in full force and effect and such terms shall apply to work performed according to this Amendment as if fully set forth herein. IN WITNESS WHEREOF,the Parties have voluntarily entered into this Agreement as of the date last signed by the Parties below. CITY OF RENTON BANK r By — By: an Hawn ennif r Lawson Administrative Services Seni r Vice Presiden Adminis ( `7) �r�t�� Date Date Approved as to Legal Form By: ..14��1' a Shane Moloney City Attorney Contract Template Updated 09/17/2019 PAGE 2 OF 2