Laserfiche WebLink
FOURTH AMENDMENT TO AGREEMENT TO PERFORM PROFESSIONAL SERVICES <br />This fourth amendment ("Fourth Amendment") to the agreement for the provision of <br />services associated with Community Facilities District ("Agreement"), dated September 18, 2018, <br />by and between the City of Redlands, a municipal corporation and a general law city ("City"), and <br />Webb Municipal Finance, LLC, a California limited liability company ("Consultant"), is made and <br />entered into this 16th day of April, 2024. <br />RECITALS <br />WHEREAS, the Parties entered into a Professional Services Agreement ("Agreement") on <br />September 18, 2018, to provide Community Facilities District services to the City; and <br />WHEREAS, the Parties entered into a First Amendment to the Agreement ("First <br />Amendment") on November 5, 2019; and <br />WHEREAS, the Parties entered into a Second Amendment to the Agreement ("Second <br />Amendment") on December 20, 2022; and <br />WHEREAS, the Parties entered into a Third Amendment to the Agreement ("Third <br />Amendment") on February 7, 2023; and <br />WHEREAS, it is the desire of the Parties to amend their existing Agreement, specifically <br />to make a change to the total amount of the Agreement. <br />NOW, THEREFORE, for good and valuable consideration in the receipt of which is hereby <br />acknowledged City and Consultant agree as follows: <br />AGREEMENT <br />Section 1. Article 5 of the Agreement, entitled "Payments to Consultant," is hereby <br />amended to read as follows: <br />"5.1 Total compensation for Consultant's performance of the Services shall not exceed the amount <br />of One Hundred Thirty-six Thousand Five Hundred Dollars ($136,500). City shall pay Consultant <br />on a time and materials basis up to the not -to -exceed amount in accordance with Exhibit `B" entitled <br />"HOURLY RATE SCHEDULE" attached hereto and incorporated herein by reference." <br />Section 2. The hourly rate schedule set forth in Exhibit "B" of the Agreement, entitled <br />"Hourly Rate Schedule," is hereby amended and replaced by an amended Exhibit "B", which is <br />attached hereto and incorporated herein by this reference as Attachment 1. <br />Section. 3. All other provisions of the Agreement shall remain unchanged by this <br />Fourth Amendment and in effect. <br />1 <br />I:\cmo\Agreements\Webb Municipal Finance, LLC Fourth Amendment FY23-0064.docx-ms <br />