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ypN NY fsCFs <br />�°� e9 FOURTH AMENDMENT TO THE AGREEMENT BETWEEN THE CITY <br />OF SUNNY ISLES BEACH AND THE AMUSEMENT SOURCE. LLC <br />CONTRACT NO. 2021-7626 <br />e C1 i3OP yt <br />R <br />ov SUN P? <br />THIS FOURTH AMENDMENT TO THE AGREEMENT between the CITY OF <br />SUNNY ISLES BEACH ("City") and THE AMUSEMENT SOURCE, LLC, whose Federal <br />EmPlo er Identification (FEI) No. is 81-2079023 ("Contractor"), executed this day of <br />Fel a 11025, is made a part of the original Agreement between the City and the Contractor, <br />dated March 17, 2021, attached hereto as Attachment "A" and incorporated herein by reference. <br />The City and Contractor hereby agree as follows: <br />1. OPTION TO RENEW. Effective March 18, 2025, the City hereby elects to exercise its <br />option to renew the Agreement for one (1) year as set forth in Section 4 of the Agreement. There <br />are no remaining renewal options. <br />2. ADDITIONAL COMPENSATION. City and Contractor wish to amend Section 5 of the <br />Agreement, entitled "Compensation," to provide additional compensation in an amount not to <br />exceed Ninety Thousand Dollars and No Cents ($90,000.00). The additional compensation <br />provided herein will bring the total Agreement not to exceed amount to Four Hundred Seventy - <br />Five Thousand Dollars and No Cents ($475,000.00). <br />3. INSURANCE. City and Contractor also wish to amend Section 8 of the Agreement, <br />entitled "Insurance," with regards to the minimum Comprehensive General Liability insurance <br />coverage required, as follows: <br />Comprehensive General Liability Insurance <br />General Liability for Bodily Injury & Property Damage with limits of $1,000,000 per <br />occurrence and $2,000,000 annual aggregate on a primary and non-contributory basis, <br />including the City of Sunny Isles Beach as Additional Insured, with a Waiver of <br />Subrogation to the City and a Hold Harmless Agreement. Name The City of Sunny Isles <br />Beach as an "Additional Insured". Coverage must be offered in a form no more restrictive <br />than the latest edition of the Comprehensive General Liability policy, without restrictive <br />endorsements, as filed by the Insurance Services Office, and shall specifically include the <br />following with minimum limits not less than those required for Bodily Injury Liability and <br />Property Damage Liability: <br />• Premises and Operation; <br />• Independent Contractors; <br />• Products and/or Completed Operations Hazard; <br />• Broad Form Property Damage; <br />■ Broad Form Contractual Coverage applicable to this specific <br />Contract, including any hold harmless and/or indemnification <br />agreement. <br />Personal Injury Coverage with Employee and Contractual Exclusions <br />removed, with minimum limits of coverage equal to those required for <br />Bodily Injury Liability and Property Damage Liability. <br />4. OTHER PROVISIONS REMAIN IN EFFECT. Except as specifically modified herein, <br />all terms and conditions of the original Agreement, as amended, shall remain in full force and <br />effect. <br />THE AMUSEMENT SOURCE, LLC — FOURTH AMENDMENT Page 1 of 6 <br />G� <br />