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HomeMy WebLinkAboutAddendum - 2AMENDMENT NO. 2 TO AGREEMENT FOR ARBIT RAGE REBAT E CONSULTING SERVICES THIS AMENDMENT, dated for reference p11poses only as November 30, 2025, is by and between the City of Renton (the "City"), a Washington municipal corporation, and Arbitrage Compliance Specialists, Inc. ("Consultant"). The City and the Consultant are referred to collectively in this Amendment as the "Parties." Once fully e�cuted by the Parties, this Amendment is effective as of the last date signed by both parties. Whereas, the City engaged the services of the Consultant under Agreement CAG-22-010, dated December 31, 2021, to provide necessary arbitrage compliance services (referred to herein as the "Agreement"); Whereas, the Parties executed Amendme■t No.1 on November 30, 2022, continuing the terms and conditions of the original Agreement L nder CAG-22-010 with a period of performance from January 1, 2023 through December 31, 20;.s. Whereas, the Parties wish to amend the Agreement to change the time for performance in order to extend the time of performance for three (3) additional years. NOW THEREFORE, It is mutually agreed upJn that CAG-22-010 is amended as follows: 1.Time of Performance and Fee Schedule: Section 3, Time of Performance and the Fee Schedule in Exhibit A of the agreement are amended to reflect that services may continue through December 31, 2028, at the rates provided for in the existing fee schedule. All Work shall be performed by no later than December 31, 2028. 2.All terms of the Agreement not ex:,licitly modified herein shall remain in full force and effect and such terms shall apply to Work performed according to this Amendment as if fully set forth herein. IN WITNESS WHEREOF, the Parties have voluntarily entered into this Amendment as of the date last signed by the Parties below. CAG-22-010, Adden #2-25 CITY OF RENTON By:�£,,A......___ riRoller Finance Administrator Date Attest Jason A. Seth City Clerk Approved as to Legal Form By: _________ _ Shane Moloney City Attorney Contract Template Updated 06/17/2021 CONSULTANT By:R � � Director 11/06/2025 Date PAGE 2 OF2 N/A Approved by Shane Moloney via email 11/4/2025