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Amendment to PSA - Creative Financial Services LLC - Extend the Temporary Accounting Services for Water Works
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Amendment to PSA - Creative Financial Services LLC - Extend the Temporary Accounting Services for Water Works
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4/2/2025 8:24:32 AM
Creation date
3/14/2018 10:14:55 AM
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Board of Public Works
Document Type
Contracts
Document Date
3/13/2018
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FIRST AMENDMENT TO PROFESSIONAL SERVICES AGREEMENT <br />BY AND BETWEEN THE CITY OF SOUTH BEND BOARD OF PUBLIC WORKS <br />AND CREATIVE FINANCIAL SERVICES, LLC <br />This First Amendment of tile Professional Services Agreement between tile City of South Bend, Indiana <br />acting by and through its Board of Public Works (tile "City") and Creative Financial Services, LLC <br />("Contractor") is effective as of the 7111 day of February 2018. <br />WHEREAS, the City and Contractor entered into an Professional Services Agreement to be effective for <br />approximately 60 days, commencing on December 6, 2017 and expiring oil February 7, 2018 for <br />Contractor to provide professional services to assist City Water Works Department with accounting <br />analysis work and other related activities. <br />WHEREAS, the City and Contractor do now mutually desire to, amend certain terms of the Professional <br />Services Agreement. <br />NOW, THEREFORE, in consideration of the promises and mutual covenants contained in this First <br />Amendment, the parties do hereby agree to amend their Professional Services Agreement as follows: <br />Section 2, Consideration. Section 2 of the Professional Services Agreement provided for <br />consideration in the amount of an hourly rate of Forty-two and 501100 Dollars ($42,50) per hour with <br />total compensation not to exceed the surn.of Fourteen Thousand Dollars ($14,000) during the initial <br />60 day term. Section 2 is hereby amended to provide for additional consideration not to exceed <br />Fourteen Thousand Dollars ($14,000) during extension of term. <br />Section 3. Term and Renewal- The term of the Professional Set -vices Agreement shall be extended <br />for a period of time not to exceed six months, commencing on February 7, 2018 and expiring on <br />August 7, 2018. <br />Except for the provisions herein contained, said Professional Services Agreement, including all <br />Amendments, will remain in full force and effect as previously made. <br />IN WITNESS WHEREOF, the undersigned parties executed this Agreement as dated. <br />CREATIVE FINANCIAL SERVICES, LLC: <br />Signature <br />Printed Name and Title <br />330 Q.. -Te lVtf"", ,, <br />Street Address <br />� 10 11kV% 1�3P- r1A , M 0 Ili � � <br />City State and Zip Code <br />CITY OF SOUTH BEND BOARD OF <br />PMB IC WORKS), <br />Gary A, , / Gi I q,t <br />Therese J. <br />erg <br />A. Maradik <br />
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