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HomeMy WebLinkAboutContracts & Agreements_120-2016 FIRST AMENDMENT TO THE AGREEMENT FOR THE PROVISION OF CUSTODY SERVICES This first amendment ("First Amendment") to the agreement dated May 19, 2015 (the "Agreerrient") by and between the City of Redlands, a municipal corporation("City"), and G4S Secure Solutions ("Consultant"), is made and entered into this 21" day of June, 2016. .RECITALS WHEREAS, it is the desire ofCityand Consultant to arnend Article 5 (Payments to Consultant), of the Agreement; NOW, THEREFORE, City and Consultant agree as follows. AGREEMENT Section 1. Article 5 of the Agreement, entitled "Payment to Consultant,"is hereby amended to read as follows: -5.1 The total compensation of the consultant's performance of the Services shall not exceed the amount of One Hundred Twenty Eight Thousand Two Hundred Twenty Five Dollars ($128,225) annually for the term of this Agreement. City shall pay Consultant on a time and materials basis up to the not to exceed amount based upon the hourly rates shown in Exhibit "C." Exhibit "C" is attached hereto and incorporate herein by reference." Section 2. All other provisions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF,the parties have executed this First Amendment,to be effective as of June 21, 2016, CITY OF REDLANDS G4S SECURE SOLUTIONS By- Paul W. Foster, Mayor 'chard McDow&ll, General Manager ATTEST: Sani Irwin, .ityClerk (':',,Ifsei-s'ydon,ildson',J-)esktol.)\tst Amendmed 64S 6 71 16.doc