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HomeMy WebLinkAbout2nd Amendment - HdL - Property Tax Audit 1450782.1 SECOND AMENDMENT TO CONSULTANT SERVICES AGREEMENT This Second Amendment to Consultant Services Agreement (“Second Amendment”) is made and entered into as of December 15th, 2024, by and between the City of Diamond Bar, a municipal corporation (“City”), and HdL Coren & Cone a California Corporation (herein referred to as the “Consultant”) with reference to the following: A. The City and the Consultant entered into that certain Consultant Services Agreement dated as of December 15th, 2020, which is incorporated herein by this reference (the “Original Agreement”); and B. The City and the Consultant entered into that certain First Amendment dated as of December 15th, 2023, which is incorporated herein by this reference (“First Amendment”), which First Amendment and Original Agreement collectively are referred to herein as the "Agreement"); C. The City and the Consultant desire to amend the Agreement as provided herein. NOW, THEREFORE, the parties agree as follows: 1. Defined Terms. Except as otherwise defined herein, all capitalized terms used herein shall have the meanings set forth for such terms in the Original Agreement. 2. Term. The Term of the Original Agreement as set forth in Section 7.4 therein is from December 15th, 2020 to December 15th, 2023 with the option of two additional one- year renewals. The First Amendment extended the Term one year, up to including December 15th, 2024. This Second Amendment shall extend the Term up to and including December 15th, 2025. 3. Compensation. The Annual Base Fixed Fee as set forth in Section 6.1 of the Original Agreement is hereby amended to provide for an increase of 3.3% from the current fixed fee so that the new annual Base Fixed Fee shall be fifteen thousand nine hundred and seventy-five dollars (15,975.00), to be billed quarterly. 4. Integration. This Second Amendment and all attachments hereto (if any) integrate all of the terms and conditions mentioned herein, and supersede all prior negotiations between the parties with respect hereto. This Second Amendment amends, as set forth herein, the Agreement and except as specifically amended hereby, the Agreement shall remain in full force and effect. To the extent that there is any conflict or inconsistency between the terms and provisions of this Second Amendment and the terms Docusign Envelope ID: A193D2A0-019D-45F4-A0A0-F61ABF217908 1450782.1 and provisions of the Agreement, the terms and provisions of this Second Amendment shall control. IN WITNESS hereof, the parties enter into this Second Amendment on the year and day first above written. “CONSULTANT” “CITY” HdL Coren & Cone CITY OF DIAMOND BAR A California Corporation *By: By: Printed Name: Paula Cone Dan Fox, City Manager Title: President *By: ATTEST: Printed Name: Nichole Cone-Morishita Title: Chief Financial Officer Kristina Santana, City Clerk APPROVED AS TO FORM: Omar Sandoval, City Attorney Docusign Envelope ID: A193D2A0-019D-45F4-A0A0-F61ABF217908