SECOND AMENDMENT OF PARKING FACILITIES MANAGEMENT CONTRACT
SECOND AMENDMENT OF PARKING FACILITIES MANAGEMENT CONTRACT
This SECOND AMENDMENT OF P ARKlNG FACILITIES MANAGEMENT
CONTRACT (this "Amendment") is made and entered into as of this I~ day of ~
2006, by and between the City of Clearwater, Florida, a municipal corporation of tlie State of
Florida, hereinafter referred to as the "City," and Standard Parking Corporation, a Delaware
corporation, hereinafter referred to as the "Firm."
WITNESSE TH:
THAT, WHEREAS, the City and the Firm are parties to a certain Parking Facilities
Management Contract dated September 26, 2003, as amended by that certain First Amendment of
Parking Facilities Management Contract dated effective October 1, 2003 (as so amended, the
"Contract"), which Contract was the result of the City's Request for Proposal No. 33-03 ("RFP"),
the terms of which RFP the parties acknowledge are incorporated into the Contract; and
WHEREAS, the City and the Firm desire to amend the Contract as herein set forth.
NOW, THEREFORE, for good and valuable consideration, the parties hereto agree as
follows:
1. RECITALS AND DEFINITIONS. The above recitals are incorporated herein.
The terms defined in the Contract shall have the same meanings ascribed to such terms therein when
used herein, unless expressly defined otherwise herein.
2. EXTENDED TERM. The term of the Contract is hereby extended for two (2)
years, from October 1, 2006, through and including September 30, 2008 ("Extended Term").
During said Extended Term, the Contract shall remain subject to sooner termination pursuant to all
applicable terms ofthe Contract.
3. MANAGEMENT FEE. The monthly Management Fee, which during the year
ending September 30, 2006, was $37,227.93 per month, shall increase on October 1,2006, by three
percent (3%) of that amount, and again on October 1, 2007, by three percent (3%) of the
Management Fee in effect for the month ending September 30, 2007. Notwithstanding the
foregoing, if parking spaces should be reduced or eliminated by the City for construction purposes
during the Extended Term, then the Management Fee shall be reduced pro rata in a manner that is
mutually agreed upon by the City and the Firm. Said reduced Management Fee shall nevertheless
remain subject to the annual three percent (3%) increases stipulated herein.
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4. NO OTHER CHANGES. Except as expressly modified herein, the Contract
remains in full force and effect upon its original terms and conditions.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the date
first above written.
THE FIRM:
STANDARD PARKING CORPORA nON
By:
Name:
Title:
~7A-
Bruce Kubena
Senior Vice President
CITY:
Countersigned:
Approved as to form:
Attest:
C~-~~.
Carlos F. Colon
Assistant City Attorney
~'i-L~~. A...o...
Cynthia E. Goudeau
City Clerk
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