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Chandler Asset Management CSA Amendment No. 1 Final
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Chandler Asset Management CSA Amendment No. 1 Final
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10/14/2024 12:33:01 PM
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8/7/2024 9:07:23 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
7/1/2024
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Amendment No. 1 to <br />Consulting Services Agreement between City of San Leandro and Chander Asset Management <br />April 10, 2024 <br />Page 1 of 2 <br />AMENDMENT NO. 1 TO CONSULTING SERVICES AGREEMENT BETWEEN THE CITY OF SAN LEANDRO AND <br />CHANDLER ASSET MANAGEMENT <br />FOR <br />INVESTMENT SERVICES <br />This Amendment No.1 (“Amendment”) is made by and between the City of San Leandro (“City”) <br />and Chandler Asset Management (“Consultant”) (together sometimes referred to as the “Parties”) as of July <br />1, 2024, and amends that certain Consulting Services Agreement (“Agreement”) dated July 1, 2021, <br />between the Parties. <br />WHEREAS, City and Consultant have executed the Agreement, pursuant to which Consultant has <br />provided certain consulting services to City with regard to Investment Services , and <br />WHEREAS, the Parties desire to amend the Agreement to extend the Agreement to June 30, <br />2025, and <br />WHEREAS, the Agreement was approved by the City Council on June 7, 2021 per City Council <br />Resolution Number 2021-084. <br />NOW THEREFORE, for good and valuable consideration, the sufficiency of which is hereby <br />acknowledged, the Parties hereby agree to amend the Agreement as follows: <br />1.Section 1.1 of the Agreement entitled “Term of Services” is hereby amended to extend the <br />term from July 1, 2024, to June 30, 2025; and <br />2.Section 2 of the Agreement entitled “Compensation” is hereby amended to pay Consultant a <br />sum not to exceed $160,000; and <br />3.Exhibit B of the Agreement entitled “Compensation Schedule & Reimbursable Expenses” is <br />hereby amended to read: <br />a.Exhibit B (amended)— Attached <br />4.All other terms shall remain in full force and effect. <br />This Amendment may be executed in multiple counterparts, each of which shall be an original and <br />all of which together shall constitute one agreement. <br />SIGNATURES ON FOLLOWING PAGE <br />Docusign Envelope ID: E571EE6C-B343-4CE2-8746-B58DFC0487A5
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