Amendment 08/16/2001
AMENDMENT TO AGREEMENT
THIS ADDENDUM to agreement is made and entered into this 16th day of August
2001, between the Monroe County Board of County Commissioners, The Legendary Key
Largo Chamber of Commerce and First State Bank of the Florida Keys.
WHEREAS, there was a contract entered into on May 22, 1996, as amended July
16, 1997; May 12, 1999 ; October 13, 1999 and May 18, 2000 between Monroe County
Board of County Commissioners and The Legendary Key Largo Chamber of Commerce
for the preparation of the surplus Navy ship Spiegel Grove as an artificial reef and
transporting the Spiegel Grove to a site off Key Largo, Florida, where the ship will be
scuttled and turned into an artificial reef, and
WHEREAS, The Legendary Key Largo Chamber of Commerce has entered into a
security agreement with First State Bank of the Florida Keys for the agreement dated May
22, 1996 and amendments to agreement thereafter; and
WHEREAS, it has become necessary to amend The Legendary Key largo Chamber
of Commerce's (hereinafter "Chamber") agreement to provide for Assignment to First
State Bank of the Florida Keys of the rights of the Chamber to receive payment to;
NOW THEREFORE, the above parties agree as follows:
1. The Chamber of Commerce assigns its right to receive payment under the
agreement dated May 22, 1996 ,as previously amended, to First State Bank of the
Florida Keys.
2.
The County approves and accepts the assignment of said payment rights to Firs,t
State Bank of the Florida Keys.'" :.:.
.. ::t:.
.. :J.
(--
c=i
;,:: .....;,~
O' ._ ",
All other provisions of the contract dated May 22, 1996, as amended ~e~d s:.:
thereafter, not inconsistent herewith, remain in full force and effect. ~~%i 5r ;~
:< :-IX rr1
.." f!::.. \.0 ("')
IN WITNESS WHEREOF, the parties have set their hands and seal on tf-1,1t: d&, ar9rl
f. t b 'tt )> -"0
year Irs a ove wn en. . \.0 :~::;
3.
Key Largo Chamber
First State Bank of the Florida Keys
~
~
BY: d;'cJ~' vI
~ ANNY L. KOLHAGE, CLERK BOARD OF COUNTY COMMISSIONERS
J'F MONROE COUNTY, FLORIDA
~t(-e ~~
Mayor/Chairman
",--..,
" S Z NNE!, HU'9'ON
t"lATE '7 30/0 (