1972 Supplemental Agreement
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SUPPLEMENT At AGREEMl~N'l'
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AGREE!-1ENT bet\4een 'HiE COUNTY 01<' OUTCI-lESS. a ~~t.m1cipal
Co~porat1on. party of the first part. and THE ~CwN OF WA?FINGER,
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"rIiE VILLAGE: OIl' ~lAPf'lNGERS FALLS. THE TOwN OF POUGHKE:Er~aE.
- ,rUE CITY OF POUGHKEEPSIE and -rHE TOwN OF'LAGRANGE . all
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. ~~n1c1pal Corporat1ons, partios of the second part,
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WHERI::AS. an asreement e~:i$tc between the part i06 harcto
. \-Jilsreby the party of the f1rst part did grant: to th~ p.:::.rt1ce of
the s.econd part. the right. license, privilege and p0rmiss1on
to ma1ntaina lsndf111 operation in and on certain tract of
land adjacent to the Coun~y Airport in the Town of wappingQ~~
Dut.che$s Count)'. l~ew YorltJ 6nd
~1UEREAS. the pa.rties are cognizant of thaueed for certain
-'capital ,1mp:rovefllCnta,.at $a1d 131te. \ih!.~h capital lmproveulQuto;;
are required by the part)' of the first part through its Depart-
ment of Health. and
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WHEREAS. the parties of the second part wish to' contil.1u-,
the U5C of said facility and the party of the first part will
improve same at tin estimated eost of up to Sixty lhousand
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Dollars ($6v,COO.OO). and
WIiE1U':AS. the parties of the second part agree that they
will individually and Jointly each guarantee their ~roportionate
share (>f the sum$ ~:-,pended by the ptu:ty of the first part in
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lmp3:"oving said facility,
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'UIEREFORE. in consideration of mutual cover..;;.:'U"'. it is
agreed:
1. 1hat all of the t~rms and eonditions of the .:..n.t.oei.1':i.jl..
between the parties will remain in full ferce and <.:...: ;Eo\,.: c'X~(, ..<..::
ing they will be modified as provided herein.
2. 1ho cancellation and/or termination clau~o i~
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modified and changed to provide that tho agreement may not bo
cancelled by any party hereto upon sixty (60) d4YS written
notice untl1the capital expenditure provl~ed herotn 10 repaid
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~~.;:,'t :,.h; ':'~i<' <,""" 3., .. tho party of tho ii-trot p.!1rt agrees as oKpedltio1Jsly
4S possible to correct tbe condition at the facility 4S required !
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by tho Department of i1ealth. being a department of tho party of
the first part. which improvement and capitalization. will be
conaidered and called phase 1 of such corrective pracedUt"o. It
1s agre~d between the parties that the IDa;c1mum est1rroate of said
lmp~ovement will be Sbcty Thousand Dollars ($60.000.00) end tho
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party of the firct part will let out for bids as et<pedlt1ourJly aCI
possible tho improvement which will be tmplemented and complet~d !
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"'"\mder the su1d~lnce and direction of the party of the first part .1
f.or utilization by the partleG of the oocond part.
4. Upon completion of said lmprovemon~ t the p.Qr~e'sl fof I.the
second part will repay to the party of the first part an amOUnt I
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interest on any cap1tall~atlon required by the party of the f1rstl
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equal to one-twtlfth of said improvement. plue an estimate for
part and said one-twelfth payment will be made in addition to
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the amounts paid fot' as ~')rovt.ded in the agreomcnt bett.:een the;.'
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parties on an agequal basta over 4 twelve roonth parlod until
tbe tame nos bQCU fully paid.
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5. 1hQ par:tos 0: the Gocond part each &grco lnd1v1dually
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and jointly to be fully and complotoly responsiblo to the
party of the first part for the full amount of uny remaining
CClounts due to the party of the first part.
I). It 10 agreed by and between the part1es of the; secor:d
part that in the event of a default by any ~ ., one or n:ore of tho i
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parties of tho second part. then sald def'nulted .ums will be psid '
by the remaining parties of the cecond part and tho remaining
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parties may recover from the defaulted party su~h amounts either
by action in equity or lQw.
;.\,_,.""J.~Wl'INESS WHEREOU the parties entere~, into 811d eKecuted
thl. agreement.
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COUN1'~ OF DU1'CHESS
T~WN OF WAPPINGER
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(by)
Supervisor, signed the
day of " 1972
!OWN 0F POUGHKEEPSIE
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. 1972 .
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e1'1'Y OF l'OUGHKEEPSIE
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(by) ~
City t-'lanager-M.:1yor .s1gned the
d~y of ,1972
VILLAGE OF WAPPINGERS FALLS
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(by)"
Mayor, signed the
of
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day'-
t 1972
TOWN OF LA GRANGE
(by)
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Supe'rvisor. st~~n(!:d the __
day of J " . 1972