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ONE YEAR EXTENSION TO FINANCIAL ADVISOR SERVICE AGREEMENT . t' One Year Extension to Financial Advisor Service Agreement THIS AGREEMENT made this /..3"tL day of ~ ' 2001 by and between the City of Clearwater, P.O. Box 4748, Clearwat , Florida 33758, hereinafter referred to as the "City", party of the first part, and Banc of America Securities, LLC, 400 North Ashley Drive, Second Floor, M.S. FLI-0I0-02-08, Tampa, Florida 33602, herein after referred to as the "Financial Advisor", party of the second part; WITNESSETH: WHEREAS, the City and Financial Advisor have previously entered into a Financial Advisor Service Agreement dated June 21, 2000, for a one-year period (the "Agreement"). Said Agreement had two (2) one year renewals; and WHEREAS, the City and Financial Advisor wish to extend the term of the Agreement for a renewal of the first renewal period, which shall extend the term of the Agreement to J une.zn2002; and NOW THEREFORE, in consideration of the promises and mutual covenants contained herein and in the Agreement, the parties hereto do hereby agree as follows: SECTION 1: Financial Advisor is hereby authorized to continue to provide Financial Advisor services as described in the Agreement and for the professional fees described in the Agreement. SECTION 2. The term of the agreement is hereby extended for one year beginning June 22, 2001 and terminating June 21, 2002. SECTION 3. All other terms of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the City and Financial Advisor have executed this Agreement as of the date first written above. Countersigned: CITY OF CLEARWATER, FLORIDA 13-.. J- ~ Brian J. AU#t ~ Mayor-Commissioner -----l3y: ~~ Bill Home Interim City Manager Financial Advisor Services Extension Agreement ~ , I Approved as to form: I, J 0 Carassas Assistant City Attorney ........., /)1. -I!3ynt Attest: ~ BANC OF AMERICA SECURITIES, LLC 2 Financial Advisor Services Extension Agreement