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Approving an agreement with the Indiana Bell Telephone Co., Inc., for the installation of a fire alarm system
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Approving an agreement with the Indiana Bell Telephone Co., Inc., for the installation of a fire alarm system
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5/16/2017 10:20:05 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
3/22/1971
Ord-Res Number
265-71
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n • <br /> to prior termination as herein provided. Company may terminate <br /> only for non-payment of monthly charges described in Attachment <br /> "A" hereto. The Agreement may be cancelled by Company and the <br /> service provided herein terminated not less than sixty (60) days <br /> following written notice from Company to City of the non-payment <br /> of any charges called for in Attachment "A" . City may cancel <br /> the Agreement and terminate the services of the System upon <br /> thirty (30) days prior written notice to Company. Unless this <br /> Agreement is cancelled as provided herein, on or before the <br /> end of the initial ten (10) year period, it shall continue <br /> in force thereafter on a month to month basis, subject, however, <br /> to cancellations as herein provided. <br /> 7. City agrees that in the event of its termination <br /> of the Agreement upon prior written notice hereinabove described, <br /> or in the event of termination by Company because of non-payment <br /> of the monthly charges due, as provided herein, the termination <br /> charges specified in Attachment "A" shall become immediately <br /> due and payable and shall be paid immediately by City. The <br /> termination charges will be reduced as provided in Attachment <br /> "A" for each month that City makes the monthly payments pro- <br /> vided thereunder for the System or each portion thereof, and, <br /> at the expiration of ten (10) years from the date the System <br /> or each portion of it is placed in operation, provided the <br /> monthly payments due to that date are paid in full, no termi- <br /> nation charges will be thereafter applicable. <br /> 8. City agrees to begin making monthly payments in <br /> the month in which the System is placed in full operation and <br /> - 4 - <br />
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