CONTRACT 6148A AmendmentAgreement No. 6148A
FIRST AMENDMENT TO
PROFESSIONAL SERVICES AGREEMENT NO. 6148
BETWEEN THE CITY OF EL SEGUNDO AND
FINANCIAL CREDIT NETWORK
THIS FIRSTAMENDMENT("Amendment") is made and entered into this loth day of August,
2022, by and between the CITY OF EL SEGUNDO, a general law city and municipal corporation
existing under the laws of California ("CITY"), and Financial Credit Network, a California
corporation ("CONSULTANT'). The parties agree as follows:
1. Pursuant to Section 34 of Agreement No. 6148 ("Agreement"), the term of the
Agreement described in Section 7 is extended to June 30, 2023.
2. Pursuant to Section 34 of Agreement, Section 1(C) is amended to increase the
compensation payable by CITY to CONSULTANT by $45,000, for a total not to exceed
amount for the Agreement of ninety thousand dollars $90,000. This additional
compensation is limited to the extended term set forth in Section 1, above.
3. This Amendment may be executed in any number of counterparts, each of which will be
an original, but all of which together constitutes one instrument executed on the same
date. In accordance with Government Code § 16.5, the parties agree that this
Amendment will be considered signed when the signature of a party is delivered by
electronic transmission. Such electronic signature will be treated in all respects as
having the same effect as an original signature.
4. Except as modified by this Amendment, all other terms and conditions of Agreement
No. 6148 will remain the same.
[SIGNATURES ON FOLLOWING PAGE]
Agreement No. 6148A
IN WITNESS WHEREOF the parties hereto have executed this Amendment the day and
year first hereinabove written.
CITY OF EL SEGUNDO
. ....................
Darrell reorg0,
w a
City Manager
ATTE
Tracy eaver,
City Clerk
APPROVED AS TO FORM:
MARK D. HENSLEY, CITY ATTORNEY
µ ................
Joaquin Vazquez,
Deputy City Attorney
411nsuraApproval:
k Manager
2
FINANCIAL CREDITNETWORK, a
California Corporation
bM a,
Kris avtsson,
Vice President
Taxpayer ID No. 48-1292262