HomeMy WebLinkAbout2016-145 2016-145
1 SEVENTH AMENDMENT TO CONSULTANT SERVICES AGREEMENT BETWEEN
2 THE CITY OF SAN BERNARDINO AND URBAN FUTURES, INC. REGARDING
3 RESTRUCTURING AND FISCAL ANALYSIS SERVICES
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5 THIS SEVENTH AMENDMENT is made and entered into as of July 18, 2016, by and
6 between the CITY OF SAN BERNARDINO, a charter city ("CITY") and URBAN FUTURES,
7 INC. ("CONSULTANT") as to assisting the City through the Bankruptcy process. In
8 consideration of the mutual covenants and conditions set forth herein,the parties agree as follows:
9 1. This Amendment is made with respect to the following facts and purposes:
10 a. On June 4, 2012 CITY and CONSULTANT entered into a certain agreement
11 entitled "CONSULTANT SERVICES AGREEMENT" in the amount of
12 $150,000 for consultant services, $86,000 of said$150,000 was specifically for
13 restructuring and fiscal analysis services and $64,000 of said $150,000 was
14 specifically for Interim Public Works Director services.
15 b. On October 1, 2012 the CITY and CONSULTANT entered into the First
16 Amendment to Consultant Services Agreement Regarding Interim Public
17 Works Director Services which increased the amount for those services only by
18 $115,200.
19 c. On October 1, 2012 the CITY and CONSULTANT entered into the Second
20 Amendment to Consultant Services Agreement Regarding Restructuring and
21 Fiscal Analysis Services which increased the amount for those services only by
22 $214,000.
23 d. On April 1, 2013 the City and Consultant entered into the Third Amendment to
24 Consultant Services Agreement Regarding Restructuring and Fiscal Analysis
25 Services which increased the amount for these services by $100,000.00.
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2016-145
1 e. August 5, 2013 - Resolution 2614 was approved authorizing execution of an
2 amendment #4 for $600,000.00 with Urban Futures LLC and the City of San
3 Bernardino for Finance Restructuring and Fiscal Analysis Services.
4 f. August 18, 2014 - Resolution 3332 was approved authorizing execution of an
5 amendment 95 for $602,000.00 with Urban Futures LLC and the City of San
6 Bernardino for Finance Restructuring and Fiscal Analysis Services.
7 g. April 20, 2015—Resolution 2015-74 was approved authorizing execution of an
8 amendment 46 for $375,000 with Urban Futures LLC and the City of San
9 Bernardino for Finance Restructuring and Fiscal Analysis Services.
10 h. The parties now desire to increase the payment for Restructuring and Fiscal
11 Analysis Services in the amount of$150,000.
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13 2. Section 2. Compensation of the Agreement is hereby amended to increase the
14 total amount by a sum not to exceed $150,000 (One Hundred Fifty Thousand
15 Dollars and no cents) for restructuring and fiscal analysis services.
16 3. Except for the changes specifically set forth herein, all other terms and conditions of
17 the Agreement shall remain in full force and effect.
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2016-145
1 SEVENTH AMENDMENT TO CONSULTANT SERVICES AGREEMENT BETWEEN
2 THE CITY OF SAN BERNARDINO AND URBAN FUTURES, INC. REGARDING
3 RESTRUCTURING AND FISCAL ANALYSIS SERVICES
4
5 IN WITNESS THEREOF, the parties hereto have caused this Amendment to be executed
6 by and through their respective authorized officers, as of the date first above written.
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8 CITY OF SAN BERNARDINO, CONSULTANT
A Municipal Corporation
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Mark Scott, City Manager Michael Busch, P sident
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12 APPROVED AS TO FORM:
13 Gary D. Saenz, City Attorney
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