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Ordinance No. 6,833ORDINANCE NO. 6833 931014 -16 AN ORDINANCE RENEWING THE CONTRACT OF BRINK'S i INCORPORATED FOR THE ANNUAL CARRIER SERVICE OF BANK DEPOSITS CONTRACT AND AUTHORIZING PAYMENT BY THE CITY OF BAYTOWN, THE SUM OF FIVE THOUSAND EIGHT HUNDRED EIGHT AND N01100 DOLLARS ($5,808.00); MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, Brink's Incorporated was awarded the annual carrier service of bank deposits contract on October 22, 1992, pursuant to competitive bidding procedures, which contract included an option by the parties to renew for two (2) additional one (1) year periods; and WHEREAS, Brink's Incorporated has indicated their willingness to renew the contract for an additional year under the same terms and conditions; and WHEREAS, the Administration has reviewed the market conditions and recommends renewal as being in the best interest of the City; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown hereby renews the contract of Brink's Incorporated for the annual carrier service of bank deposits contract for the sum of FIVE THOUSAND EIGHT HUNDRED EIGHT AND NO /100 DOLLARS ($5,808.00), and authorizes payment thereof. Section 2: That pursuant to the provisions of TEX.L.GOV'T.CODE ANN. S 252.048, the City Manager is hereby granted general authority to approve any change order involving a decrease or an increase in costs of FIFTEEN THOUSAND AND N01100 DOLLARS ($15,000.00) or less, provided that the original contract price may not be increased by more than twenty -five (25 %) percent or decreased by more than twenty -five (25 %) percent without the consent of the contractor to such decrease. Section 3: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 14th day of October, 1993. • �x PETE C. AL FARO, Mayor y 0 ATTEST: ,ZQRACIO RAMINi2—,–S-15, City Attorney 431014 -16a