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HomeMy WebLinkAboutContracts & Agreements_120B-2019FIRST AMENDMENT TO THE FUNDING AGREEMENT FOR PROFESSIONAL ENVIRONMENTAL REVIEW FOR A PRIVATE PROJECT This first amendment ("First Amendment") to the agreement dated the 18th day of December 2018 ("the Agreement") by and between the City of Redlands, a municipal corporation ("City") and 1600 Orange, LLC a limited liability corporation ("Consultant"), is made and entered into this 21st day of June, 2019 RECITALS WHEREAS, it is the desire of the City and Consultant to amend Section 1 Funding Obligation of their existing Agreement to increase the total compensation payable to Consultant by the amount of eleven thousand nine hundred sixty eight dollars ($11,968), NOW, THEREFORE, in consideration of the mutual promises contained herein, the City of Redlands and 1600 Orange, LLC agree as follows AGREEMENT Section 1 Funding Obligation of the Agreement, entitled "AGREEMENT" is hereby amended to read as follows "Section 1 Funding Obligation Within ten (10) days of the date of written request of City, Applicant shall deposit the additional sum of seventy seven thousand forty one dollars eighty cents ($77,041 80) dollars (the "Deposit") with City to engage a professional consultant who will commence work on the Environmental Documents The present additional cost of the Environmental documents is estimated to be an additional seventy thousand thirty eight dollars ($70,038) and the contract administration fee is set at seven thousand three dollars righty cents ($7,003 80) Applicant acknowledges that Applicant is obligated by this Agreement to pay to City the full, actual cost for the preparation of the Environmental Documents, as deemed reasonable or necessary by City, to ensure the legal sufficiency of the Environmental Documents, The Additional Deposit will be applied towards the actual total cost of the Environmental Documents, Applicant shall thereafter make payments to City for the balance of City's cost for preparation of the Environmental Documents within ten (10) days of the date City submits written invoices to Applicant " IN WITNESS WHEREOF, the parties involved have executed this First Amendment to be effective as of June 21, 2019 CITY DLANDS 1600 ORANGE, LLC .6"004( Ja cConnell, Assistant Ci y Manager y Barzal Attest ne Donaldson, City Clerk 1 L lcaldimlAgreements\First Amendment 1600 ORANGE LLC Funding Agmt.docx.}n