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Agenda - 04-18-1978
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Agenda - 04-18-1978
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Last modified
7/9/2015 4:41:05 PM
Creation date
7/9/2015 4:40:42 PM
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BOCC
Date
4/18/1978
Meeting Type
Work Session
Document Type
Agenda
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ADDENDUM TO CONTRACT <br /> This Agreement is made as of this 18th day of April <br /> 19780 by and between Distributed Data Systems, Incorporated, <br /> a North Caro!1ina corporation (DDS) and Orange County, North <br /> Carolina (County) a body politic and corporate existing under <br /> the Laws of North Carolina for the Addendum of the Contract <br /> entered into between the parties on the 27th day of October, 1977. <br /> The Con Tact is amended to Change Section IV to read <br /> as follows: <br /> SECTION IV " <br /> PURCHASE PRICE AND METHOD OF PAYMENT -- The principal <br /> amount of the equipment purchases is $ 179,815.00 as itemized <br /> .in.. Exhibxt A� This price does not include taxes, transportation <br /> charges, handling charges, or maintenance. The COUNTY will pay <br /> for the equipment set out in Attachment A as follows: <br /> A. $15,448.50 to DDS upon execution of this contract. <br /> B. The balance of $164,370.50 plus interest at 8.50% <br /> per annum, payable $19,681 .49 semi.--annually to DDS and its <br /> assignee, as provided for in Paragraph XIV of this contract, <br /> according to the payment schedule set out in Attachment B;. The <br /> first such payment will be due upon acceptance by the COUNTY. <br /> the COUNTY y prepay the principal balance shown in Attachment <br /> B on or before the due date of any semi--annual. payment. <br /> IN WITNESS WHEREOF; County and DDS have caused this Addendum <br /> to Contract tp be executed by their respective officers hereunto <br /> du,!�!.authorized, all as of the day and a first above written. <br /> r Attst: f DTST B ED D INC. <br /> (SEAL) By Xer <br /> Title: President <br /> At : i . ',t ORANGE COUNTY, NORTH CAROLINA <br /> f3 oaf' <br /> (SEAL) BY <br /> 1 f chard E t � <br /> ,,• `'`,, Whztted, Chairman Orange County Board Of Commissioner <br /> J <br /> Agat R. Jo✓hhso Clerk tO the <br /> Boar of Oran e ounty Commissioners <br />
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