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(5)AR 122209 First Amendment/Urban Futures, Inc.
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2009
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12/22/2009 5:30 pm Adjourned/Special Meeting
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CONSENT CALENDAR:
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RDA: Approval of Amendment No. 1 to a Professional Services Agreement with Urban Futures, Inc in the amount of $25,000 to Provide Financial Advisement Services to the Agency. [Staff Person: R. Foster]
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(5)AR 122209 First Amendment/Urban Futures, Inc.
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Last modified
2/23/2014 5:25:36 PM
Creation date
2/20/2014 12:37:44 AM
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Agenda Item
Item Number
5
Submitted On
12/17/2009
Submitted By
Sabdi Espinoza
Item Title
AR 122209 First Amendment/Urban Futures, Inc.
ATRequest
3210
Status (2)
2
Department
City Clerk
Meeting Date
12/22/2009
Meeting Time
5:30:00 PM
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FIRST AMENDMENT TO <br />PROFESSIONAL SERVICES AGREEMENT <br />BETWEEN THE CITY OF COLTON <br />AND <br />URBAN FUTURES, INC. <br />1. PARTIES AND DATE. <br />This First Amendment to the Professional Services Agreement (First Amendment") is <br />made and entered into this 22nd day of December, 2009 by and between the Redevelopment <br />Agency for the City of Colton ("City") and Urban Futures, Inc. ("Consultant"). City and <br />Consultant are sometimes individually referred to as "Party" and collectively as "Parties" in this <br />First Amendment. <br />2. RECITALS. <br />2.1 Agreement. City and Consultant entered into that certain Professional Services <br />Agreement dated November 24, 2009 ("Agreement"), whereby Consultant agreed to prepare the <br />Agency's 2010-2014 Implementation Plan. <br />2.2 Amendment. City and Consultant desire to amend the Agreement for the First <br />time to revise the scope of services and increase the compensation. <br />3. TERMS. <br />3.1 General Scope of Services. Section 3.1.1 of the Agreement (General Scope of <br />Services) is hereby amended to include Exhibit "A" attached hereto and incorporated herein by <br />reference. <br />3.2 Schedule of Services. The Services identified in Exhibit "A" of this First <br />Amendment shall be performed within time frames reasonably determined by the Agency's <br />Representative, but in no event later than the end of the Term of the Agreement. <br />3.3 Compensation. Section 3.3.1 (Compensation) of the Agreement is hereby <br />amended to increase the compensation by Twenty Five Thousand Dollars ($25,000) for the <br />services identified in Exhibit "A" of this First Amendment. Therefore, the total compensation <br />for the Services provided for in the Agreement shall not exceed Fifty Three Thousand Three <br />Hundred and Ninety -Five Dollars ($53,395) without written approval of the City Council, and <br />the total compensation for the Services provided for by this First Amendment shall not exceed <br />Twenty -Five Thousand Dollars ($25,000) without written approval of the City Council. The <br />services identified in Exhibit "A" of this First Amendment shall be performed only on an as <br />needed basis and at the rates set forth in Exhibit `B" attached hereto and incorporated herein by <br />reference. <br />
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