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OM the 8n1OUDt Of such |DC[e8sehJ. K an agreement can't be reached within a <br />reasonable time on the amount of any proposed increases, the City shall have the right <br />tocancel the purchase and terminate this agreement. <br />5. Appropriation Updates: The City ofLa Porte agrees to give Sutphen Corporation an <br />annual update on or about October 1 of each year during the term of this agreement <br />when acquisition of another pumper is intended to a||ovv Sutphen time to properly <br />project the purchases of the numerous expensive components like the Cummins motor, <br />Hale fire pump etc. asoutlined inthe accepted Sutphen proposal. <br />6. Term: This agreement shall become effective when approved by the La Porte City <br />COUnC|| and Sh3|| eXp|[2 after City has elected to purchase afifth Heavy Duty Sutphen <br />"Shield 2" pumper, pursuant to this agreement, if not sooner terminated under Section <br />7ofthis agreement, <br />7. Termination: Either party has the right to terminate this Memorandum of Agreement <br />aLany time without obligation for future purchases by giving ninety (90) days written <br />notice tothe other party, <br />