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HomeMy WebLinkAboutContracts & Agreements_22-2022FIRST AMENDMENT TO AGREEMENT TO PERFORM PROFESSIONAL SERVICES This first amendment ("First Amendment") to the agreement for the provision of professional financial services to complete a water, wastewater and recycled/non-potable water rate study ("Agreement") dated April 1, 2021 ("Effective Date"), by and between the City of Redlands, a municipal corporation ("City"), and Raftelis Financial Consultants, Inc ("Consultant"), is made and entered into this 15th day of February, 2022 RECITALS WHEREAS, it is the desire of the City and Consultant to amend Article 4 1 of their existing Agreement to extend the date for termination of the Services to April 1, 2023, NOW, THEREFORE, City and Consultant agree as follows AGREEMENT Section 1 Section 4 1 of the Agreement, titled "Performance of Services," is hereby amended to read as follows "4 1 Consultant shall perform and complete the Services in a prompt and diligent manner The term of the Agreement shall be for a period of two (2) years commencing as of the Effective Date, unless terminated earlier as provided herein " Section 2 All other provisions of the Agreement shall remain unchanged by this First Amendment and in effect IN WITNESS WHEREOF, the parties have executed this First Amendment, to be effective as of February 15, 2022 CITY OF REDLANDS RAFTELIS FINANCIAL CONSULTANTS, INC •z6eZ-z) By Paul T Barich, Mayor Sudhir Pardiwala, P E Executive Vice President ATTEST ne Donaldson, City Clerk 1 L \ca\djm\Agreements\Raftelis First Amendment.FY21 0074.docxjn