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CONTRACT 6744A AmendmentAgreement No. 6744A FIRST AMENDMENT TO AGREEMENT NO. 6744 BETWEEN THE CITY OF EL SEGUNDO AND URBAN FUTURES, INC. THIS FIRST AMENDMENT ("Amendment") to Agreement No. 6744 ("Agreement") is made and entered into this 23rd day of May 2024, by and between the CITY OF EL SEGUNDO, a general law city and municipal corporation existing under the laws of California ("CITY"), and URBAN FUTURES, INC, a California corporation ("CONSULTANT"). The parties agree as follows: 1. Pursuant to Section 34 of the Agreement, Section 1(C) is modified to increase the not to exceed amount of the agreement to $17,550. 2. Pursuant to Section 34 of the Agreement, the scope of work set forth in Agreement Exhibit "A" is amended to include the additional scope of work attached hereto as Attachment 1. 3. This Amendment may be executed in any number or 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. CONSULTANT warrants that its signatory (or signatories, as applicable) to this Amendment has the legal authority to enter this Amendment and bind CONSULTANT accordingly. 4. Except as modified by this Amendment, all other terms and conditions of the Agreement remain the same. [SIGNATURES ON NEXT PAGE] Agreement No. 6744A IN WITNESS WHEREOF the parties hereto have executed this contract the day and year first hereinabove written. CITY OF EL SEGUNDO 1-'-77 ';�/ Z/� , Paul Chung, CFO ATTEST: .. Tracy Weaver, City Clerk APPROVED AS TO FORM: MART ,,Q. HENSLEY, City Attorney Joaquin Vazquez, Assistant City Attorney 1 Name: Jonathan Isom C L'-v Title: Taxpayer ID No. 15-2-s If Iq2 Agreement No. 6744A ATTACHMENT 1: ADDITIONAL SCOPE OF WORK Agreement No. 6744A 5/23/24, 12:36 PM Mail - Lydic, Liz - Outlook UFI Invoice - Updated Forecast Model (2024) James Morris <jamesm@urbanfuturesinc.com> Tue 5/14/2024 6:30 PM To:Lydic, Liz <elydic@elsegundo.org> 0 2 attachments (2 MB) City of El Segundo - UFI Invoice (2024-026).pdf, Urban Futures, Inc. - PSA #6744.pdf, Good evening Liz, Hope this email finds you well and the FY25 budget preparation proceeding smoothly. Please find attached our invoice for the ongoing work performed for the City through 05/13/24. Per our proposal to the City in July 2023 (copy of agreement with proposal attached for your reference), we broke out the invoice into two separate amounts. The first amount is for the proposed work (not to exceed $12,000) to transition the City's Forecast Model to the current UFI forecasting platform and to update the Forecast Model to meet the City's current needs. The second amount is for the work that was requested in addition to our proposed scope of work, which included the preparation and presentation of the updated City Forecast Model to the Finance Committee and City Council. Please let me know if you have any questions or concerns, or if you would like to discuss any aspects of the invoice. We appreciate your assistance and the opportunity to continue serving the City of El Segundo. Kind regards, JAMES P. MORRIS, JD, MUP I Managing Director UFI I Financial Solutions 1470 Maria Lane, Suite 315, Walnut Creek CA 94596 Phone: 909.648.3176 Text or Chat: ISMicrosoft Teams www.urbanfuturesinc.com Jim Morris is a non -MA employee of Urban Futures, Inc. He may be included in a distribution list but is not performing municipal advisory services in any capacity. hops:tloutlook,pfrce3 5.comi ailtAAMkAGFiNWFkYWEiL`rkwMG tNDhhMiO4YTOOLTIwYzl,zMiQxNi hYOAu CkoOilo6haKT7rvAdn k nOA... 111