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HomeMy WebLinkAboutAddendum - 1AMENDMENT NO. 1 TO CAG 22-300 FOR AFFORDABLE HOUSING NEXUS STUDY THIS AMENDMENT, dated for reference purposes only as January 1, 2023, is by and between the City of Renton (the "City''), a Washington municipal corporation, and David Rosen Associates {"Consultant"), a foreign {California) corporation. The City and the Consultant are referred to collectively in this Amendment as the "Parties." Once fully executed 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-22-300, dated August 15, 2022, to provide necessary services for the affordable housing nexus study {referred to herein as the "Agreement"); Whereas, the Parties wish to amend the Agreement to extend the time for performance in order to provide for additional time for project completion. NOW THEREFORE, It is mutually agreed upon that CAG-22-300 is amended as follows: 1.Time of Performance: Section 3, Time of Performance, is amended pursuant to the schedule(s) set forth in Exhibit Al. Exhibit Al to this Amendment amends Exhibit A of the Agreement only as to the schedule identified under "Budget and Payment Schedule" of that Exhibit. All Work shall be performed by no later than June 1, 2023. 2.All terms of the Agreement not explicitly 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. **SIGNATURE PAGE FOLLOWS** CAG-22-300, Adden #1-23 IN WITNESS WHEREOF, the Parties have voluntarily entered into this Amendment as of the date last signed by the Parties below. CITY OF RENTON By:_;_...:..ll.ql-J..R����,.....L:.�� Maryjan Administrator, EHHS , Date Approved as to Legal Form By:----------- M.Patrice Kent Sr. Assistant City Attorney Contract Template Updated 06/17/2021 (legal ref# 2331) PAGE20F4 CONSULTANT By: David Rosen Principal Date / (approved via email on 12/21/2022) Exhibit Al PAGE30F4 Task No. 1 3 4 6 7 8a 8b City of Renton Affordable Housing Nexus Study Amended Schedule Task Deliverable Payment Estimated Completion Project Initiation Memo $7,875 Complete Prototypes Memo $7,875 Complete Residential Nexus ARO Report Sec tion $12,600 January 16, 2023 Non-Residential Nexus ARD Report Section $12,600 February 6, 2023 Affordability Gap ARD Report Section $13,650 March 6, 2023 Financial Feasibilit y Analysis ARD Report Section $15,750 March 6, 2023 Policy Recommendations Memo or ARD Report $6,825 March 27, 2023 Section ARD Report $2,625 March 27, 2023 Final Report $1,575 May 1, 2023 Grand Total $81,375 PAGE40F4