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THE CITY OF 7 <br /> CITY COUNCIL AGENDA REPORT <br /> pLE ASANTON® <br /> May 1, 2018 <br /> Finance <br /> TITLE: APPROVAL OF A SECOND AMENDMENT TO AN AGREEMENT WITH <br /> ECONOMIC & PLANNING SYSTEMS, INC. (EPS) TO CONDUCT A <br /> COMPREHENSIVE DEVELOPMENT IMPACT FEE STUDY <br /> SUMMARY <br /> On October 20, 2015, the City entered into an agreement with EPS for a not to exceed <br /> amount of$135,070 to conduct a development impact fee study. The City has fully <br /> expended the $135,070 and requires an amendment to complete the project. While <br /> EPS has completed draft development impact fee study reports, they need to attend <br /> meetings, help prepare presentations, and finalize reports. EPS estimates to require up <br /> to $10,000 to complete those tasks. In addition, the contract term needs to be extended <br /> to allow EPS to complete their work. <br /> RECOMMENDATION <br /> Staff recommends that the City Council authorize the City Manager to enter into a <br /> second amendment to an agreement with EPS to increase the not to exceed amount by <br /> $10,000 from $135,070 to $145,070 and extend the agreement term to October 19, <br /> 2018. <br /> FINANCIAL STATEMENT <br /> The $10,000 will be covered through the FY 2017/18 General Fund budget. <br />