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<br />Consulting Services Agreement between City of San Leandro and KNN Public Finance <br />Last Review 02/17/2022 <br /> Page 1 of 16 <br />CONSULTING SERVICES AGREEMENT BETWEEN <br />THE CITY OF SAN LEANDRO AND <br />KNN PUBLIC FINANCE, LLC <br />FOR <br />FINANCIAL ADVISORY SERVICES <br /> <br /> THIS AGREEMENT for consulting services is made by and between the City of San Leandro (“City”) <br />and KNN Public Finance, LLC (“Consultant”) (together sometimes referred to as the “Parties”) as of March <br />1, 2022 (the “Effective Date”). <br /> <br />Section 1. SERVICES. Subject to the terms and conditions set forth in this Agreement, Consultant <br />shall provide to City the services described in the Scope of Work attached as Exhibit A at <br />the time and place and in the manner specified therein. In the event of a con flict in or <br />inconsistency between the terms of this Agreement and Exhibit A, the Agreement shall <br />prevail. <br /> <br />1.1 Term of Services. The term of this Agreement shall begin on the Effective Date and shall <br />end on March 1, 2025, the date of completion specified in Exhibit A, and Consultant shall <br />complete the work described in Exhibit A on or before that date, unless the term of the <br />Agreement is otherwise terminated or extended, as provided for in Section 8. The time <br />provided to Consultant to complete the service s required by this Agreement shall not affect <br />the City’s right to terminate the Agreement, as referenced in Section 8. <br /> <br />1.2 Standard of Performance. Consultant shall perform all services required pursuant to this <br />Agreement in the manner and according to the standards observed by a competent <br />practitioner of the profession in which Consultant is engaged. <br /> <br />1.3 Assignment of Personnel. Consultant shall assign only competent personnel to perform <br />services pursuant to this Agreement. In the event that the City, in its sole discretion, at any <br />time during the term of this Agreement, desires the reassignment of any such persons, <br />Consultant shall, immediately upon receiving notice from City of such desire of City, reassign <br />such person or persons. <br /> <br />1.4 Time. Consultant shall devote such time to the performance of services pursuant to this <br />Agreement as may be reasonably necessary to meet the standard of performance provided <br />in Subsection 1.2 above and to satisfy Consultant’s obligations hereunder. <br /> <br />Section 2. COMPENSATION. The City agrees to pay Consultant a sum not to exceed $49,000.00, <br />notwithstanding any contrary indications that may be contained in Consultant’s proposal . <br />Payment for services to be performed pursuant to Exhibit A and reimbursable costs incurred <br />under this Agreement shall be consistent with the rates and structure of payment provided <br />for in the Compensation and Reimbursement Schedule, attached hereto as Exhibit B and <br />incorporated herein. In the event of a conflict between this Agreement and Consultant’s <br />proposal, attached as Exhibit B, regarding the amount of compensation, the Agreement shall <br />prevail. City shall pay Consultant for services rendered pursuant to this Agreement at the <br />DocuSign Envelope ID: FE79E270-FE62-41BA-BAA6-72B6426025DC