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15
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2023
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041823
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4/12/2023 1:44:48 PM
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4/12/2023 1:44:46 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
4/18/2023
DESTRUCT DATE
15Y
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ATTACHMENT#1 <br /> Contract# 2020206 <br /> FOURTH AMENDMENT TO AGREEMENT <br /> This Fourth Amendment to Agreement("Fourth Amendment") is entered into this_day of April 2023 <br /> by the City of Pleasanton("City")and Raftelis Financial Consultants("Consultant'). <br /> Whereas, on September 3, 2019 the City and Consultant entered into Professional Services <br /> Agreement for water and sewer rate study services, as amended by a First Amendment dated September <br /> 1, 2020, a Second Amendment dated October 15, 2021, a Third Amendment dated December 22, 2021 <br /> (collectively the"Agreement'); <br /> Whereas,the parties desire to amend the Agreement to further extend the term, increase <br /> compensation, and expand the scope of Consultant Services. <br /> Now, therefore, in exchange for valuable consideration,the receipt of which is hereby acknowledged, <br /> the parties agree as follows: <br /> 1. Section 3 of the Agreement, "Terms" is amended to provide that the Agreement shall <br /> expire on September 3, 2024. <br /> 2. Section 4 of the Agreement, "Compensation" is amended to read: Total Compensation <br /> for the remaining term of this Agreement for services and reimbursement for cost shall <br /> not exceed $259,550. <br /> 3. Exhibit A of the Agreement(see attached), "Scope of Consultant Services and <br /> Compensation", is amended to include updating the rate models and preparing a water <br /> rate study. <br /> 4. This Fourth Amendment may be executed in multiple counterparts, each of which shall <br /> be an original and all of which together shall constitute one agreement. Counterparts <br /> may be delivered via facsimile,electronic mail (including pdf or any electronic signature <br /> complying with U.S. federal E-Sign Act of 2000 (15 U.S.Code §7001 et seq.), California <br /> Uniform Electronic Transactions Act(Cal.Civil Code §1633.1 et seq.), or other <br /> applicable law)or other transmission method, and any counterpart so delivered shall be <br /> deemed to have been duly and validly delivered and be valid and effective for all <br /> purposes. <br /> 5. All other terms and conditions of the Agreement shall remain in full force and effect. <br /> In witness whereof, authorized representatives of the parties have executed this Fourth Amendment to <br /> the Agreement as of the date and year first above written. <br /> CITY OF PLEASANTON CONSULTANT—Raftelis Financial <br /> By: <br /> Gerry Beaudin, City Manager Signature <br /> Fourth Amendment Page 1 <br />
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