CONTRACT 5482D AmendmentAgreement No. 5482D
FOURTH AMENDMENT TO
PROFESSIONAL SERVICES AGREEMENT NO.5482
BETWEEN THE CITY OF EL SEGUNDO AND
MGT OF AMERICA, INC.
THIS FOURTH AMENDMENT ("Amendment") is made and entered into this 18th day of June,
2024, by and between the CITY OF EL SEGUNDO, a general law city and municipal corporation
existing under the laws of California ("CITY"), and MGT OF AMERICA, INC., a Florida
corporation ("CONSULTANT"). The parties agree as follows:
Pursuant to Section 35 of Agreement No. 5482 ("Agreement"), the term of the
Agreement described in Section 8 is extended to June 30, 2025. The parties agree that
this Amendment will take effect retroactively on July 1, 2023.
2. Section 1 (C) is amended to read as follows:
"As additional consideration, CITY agrees to pay CONSULTANT a sum not to exceed
$4,300 per fiscal year for CONSULTANT'S services. CITY may modify this amount as
set forth below. Unless otherwise specified by written amendment to this Agreement,
CITY will pay this sum as specified in the attached Exhibit "A", which is incorporated
by reference.
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 the Agreement
will remain the same.
[SIGNATURES ON FOLLOWING PAGE]
Agreement No. 5482D
IN WITNESS WHEREOF the parties hereto have executed this Amendment as of the
day and year first hereinabove written.
CITY OF EL SEGUNDO
Dino Marsocc",
Treasury & Customer Services Manager
ATTEST:.
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..................
Trac.........y.............. _._........._
Weaver,
City Clerk
APPROVED AS TO FORM:.
MARK D. HENSLEY, CITY ATTORNEY
(-� L,-." . . .............
Joao a it azquez,
DepUty lity Attorney
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MGT OF AMERICA
CONSULTING, LLC.
A. Trey Traviesa,
CEO
Taxpayer ID No. _ 81-0890071