AMENDMENT TO AGREEMENT
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AMENDMENT TO AGREEMENT
THIS AMENDMENT TO AGREEMENT is made and entered into this
/ It; +t,
day
of Inarch , 1990, by and between the CITY OF CLEARWATER, FLORIDA
(the II City II ), and the GREATER CLEARWATER CHAMBER OF COMMERCE, I NC., (the
"Chamber").
WHEREAS, the City and the Chamber entered into an agreement dated July 13,
1988 (here in, the II Agreement "), whereby the City agreed to pro v i de f i nanc i a 1
assistance to the Chamber for the construction of a welcome station on the
Courtney Campbell Parkway; and
WHEREAS, the Chamber has requested a modification of the due date of the
annual installments on the loan; now, therefore,
IN CONSIDERATION of the sum of One Dollar ($1.00) and other good and
sufficient consideration, it is agreed between the parties hereto as follows:
1. Paragraph 3 of the Agreement is amended to read:
3. The total loan of $108,130.32 shall be repaid to the
City by the Chamber in ten equal annual payments of $10,813.03 per
year, without interest. The first oavment shall be made on or
before the 15th day of November. 1988. and subseQuent oavments shall
be made on or before the 30th day of June of each year beQinninQ on
June 30. 1990. wi th the f i na 1 oa vment be i nQ due on June 30. 1998.
PaymeRt s~all ee mase SA 9P eefspe t~e 1et~ say sf Ne~emsep sf ea€~
yeap wit~ t~e fipst ~aymeAt eye SR Nsvemsep 15, 199B, aAe t~e fiRal
~aymeRt eye SA Nsvemsep 15, 1997.
2. Except as modified herein, all of the terms and conditions of the
Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the undersigned parties have set their hands and seals
the day and year first above written.
Rlta Garvey
Mayor-Commissioner
CITY OF CLEARWATER, FLORIDA
By: 4~ .OJd____
Ron H. Ra un
City Manager
Attest:
By:
Z. l}j<--. >n~
E . "f)oudeau'
err",
Attest:
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:;t!Jsecretary /./"~7
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G ER CLEARWATER'CHAMBER OF
Ilf.fotERCE ~__
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By: -
Pres, ent
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