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AGREEMENT BETWEEN THE CITY OF SUNNY ISLES BEACH AND L & L TRUCK REPAIRS, INC. FOR FLEET BUS MAINTENANCE AND REPAIR SERVICES CONTRACT NO. C1112 -060 THIS AGREEMENT, entered into this day of 2012, by and between the CITY OF SUNNY ISLES BEACH (hereinafter referred as to the "City ") and L & L TRUCK REPAIRS, INC. a corporation, authorized to do business in the State of Florida (hereinafter referred to as the ( "Contractor "), whose federal tax identification number is RECITALS WHEREAS, the City is in need of a contractor to provide preventative maintenance and repair services to City owned buses ( "Services "), as more particularly described in Invitation to Bid No. 12- 07 -01; WHEREAS, the City advertised Invitation to Bid No. 12 -07 -01 and the Contractor submitted a bid in response thereto, attached hereto as Attachment "A" and made a part hereof; WHEREAS, the Contractor is qualified, willing and able to provide the Services on the terms and conditions set forth herein; and WHEREAS, the City desires to enter into this Agreement with Contractor to provide the Services in a total amount not to exceed Sixty Thousand Dollars ($60,000.00). NOW THEREFORE, in consideration of the foregoing and for the mutual covenants, representations and warranties and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree as follows: 1. RECITALS. The Recitals set forth above are hereby incorporated into this agreement and made a part hereof for reference. 2. SERVICES. Contractor shall provide the Services pursuant to the terms and conditions set forth in Invitation to Bid No. 12- 07 -01, incorporated herein by reference, and Contractor's response thereto, attached hereto as Attachment "A" and made a part hereof. 3. TERM. Subject to the provisions relating to the termination of this Agreement as set forth in Section 10 hereunder, this Agreement shall commence on the first calendar day of the month succeeding approval of this Agreement by the City Commission and shall end one (1) year thereafter. 4. RENEWAL. Prior to, or upon completion of the initial one year term, the City shall have the option to renew this Agreement for an additional four (4) one year renewal terms. Prior to completion of each exercised contract term, the City may consider an adjustment to the price based Page 1 of 8 C1112 -060 L & L TRUCK REPAIRS, INC.,