CONTRACT 5469E AmendmentAgreement No. 5469E
FIFTH AMENDMENT TO CONTRACT 5469 BETWEEN
City of El Segundo AND MuniServices, LLC
THIS FIFTH AGREEMENT AMENDMENT ("Amendment") to Agreement No. 5469
("Agreement") is entered into between City of El Segundo, a government entity in the State of
California ("City") and MuniServices, LLC, a Delaware limited liability company
("Consultant" or "MuniServices"), (collectively the "Parties").
The City and Consultant agree as follows:
WHEREAS, the City and Consultant, entered into a Professional Services Agreement
on January 27, 2018 (hereinafter "Agreement") for Utility Users Tax (UUT) Administration
Services ("Services"); and
WHEREAS, under Section 8 - TERM, the initial term of the Agreement shall be from
May 1, 2018 to February 28, 2019, unless otherwise determined by written amendment between
the parties; and
WHEREAS, on or about March 1, 2019 the Parties mutually agreed to extend the term
of the Agreement another year to February 28, 2020 through Amendment No. 1; and
WHEREAS, on or about February 10, 2020, the Parties mutually agreed to extend the
term of the Agreement to February 28, 2021 through Amendment No. 2; and
WHEREAS, on or about December 16, 2020 the Parties mutually agreed to extend the
term of the Agreement to June 30, 2021 through Amendment No. 3; and
WHEREAS, on or about June 15, 2021 the Parties mutually agreed to amend the
agreement to automatically renew on an annual basis through Amendment No. 4; and
WHEREAS the parties now seek to update Agreement Exhibit "A" regarding
compensation payable under the Agreement, including an update the monthly administration fee.
NOW THEREFORE, in consideration of the promises and mutual covenants
contained herein, the Parties hereby agree to amend the Agreement as follows:
1. Pursuant to Agreement Section 35 (Authority/Modification), Exhibit "A" to the Agreement
is amended to update the monthly administrative fee to an amount of $3.25 per filing
transaction, which is typically one transaction per UUT taxpayer per month.
2. Pursuant to Agreement Section 35 (Authority/Modification), Subsection C of Section 1
(Consideration) is amended to update the total not -to -exceed compensation to an amount
not to exceed $19,000 per City fiscal year.
Agreement No. 5469E
3, All other terms and conditions of the Agreement, except as modified by this Amendment,
shall remain in full force and effect.
[SIGNATURES ON FOLLOWING PAGE]
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Agreement No. 5469E
IN WITNESS WHEREOF, the undersigned authorized representatives of Consultant and City
have executed this Amendment.
CITY OF EL SEGUNDO
By: a
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Title: &NAcj
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Tracy Weaver,
City Clerk
APPROVED AS TO FORM:
MARK D. HENSLEY, CITY ATTORNEY
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Joaquin 'rzquez,
aSSIST NT City Attorney
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MUNISERVICES, INC.
Name: Paul Colangelo
Title: Ceo
Taxpayer ID No.