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HomeMy WebLinkAboutAgreement A-10-432-3 with Tenaya Estates.pdf1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 AMENDMENT No. 3 TO AGREEMENT No. 10-432 This AMENDMENT III (“Third Amendment”) TO AGREEMENT is made this ____ day of _________, 2020, by the COUNTY OF FRESNO, a political subdivision of the State of California ("COUNTY"), on behalf of COUNTY SERVICE AREA NO. 2 (Tenaya Estates) ("CSA No. 2"), and TENAYA ESTATES, INC., a California Public benefit corporation, whose address is 1363 W. Sample Ave, Fresno, California 93711 ("CONTRACTOR"). WHEREAS, the parties entered into an agreement on August 10, 2010, to be retroactively effective as of July 1, 2010, identified as COUNTY agreement No. 10-432 (“Agreement”), for CONTRACTOR to oversee and carry out responsibilities for the operation and maintenance of the Park (as defined in the Agreement) including walkways, walkway lights, playground equipment, sprinklers and water system, trees, shrubs and lawn and related Park improvements and facilities; and WHEREAS, the parties on September 30, 2014, entered into Amendment No. 1 to Agreement No. 10-432 (Amendment 1), to extend the term of the Agreement and to increase the maximum compensation payable by COUNTY to CONTRACTOR; and WHEREAS, the parties on April 26, 2016, entered into Amendment No. 2 to Agreement No. 10- 432 (Amendment 2), to increase the maximum compensation payable by COUNTY to CONTRACTOR; and WHEREAS, the parties desire to extend the term of the Agreement; and WHEREAS, the parties desire to further increase the maximum compensation payable by COUNTY to CONTRACTOR under the Agreement due to increased cost in routine operations and maintenance, and due to necessary extraordinary maintenance that has been deferred; and WHEREAS, the parties desire to amend the Agreement as stated below. THE PARTIES THEREFORE AGREE AS FOLLOWS: 1.Section 3, TERM, of the Agreement, beginning on page 2, line 24 and ending on page 2, line 26, is deleted and replaced with the following: “3. TERM This Agreement shall be effective, retroactively, to July 1, 2010, and shall terminate June 30, 2024, unless terminated earlier in the manner specified herein.” Agreement No. 10-432-3 26th May 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2. Section 5, PAYMENT FOR SERVICES, paragraph A, of the Agreement, beginning on page 3, line 26 and ending on page 4, line 19, is deleted and replaced with the following: “A. The COUNTY shall establish and approve a budget for CSA No. 2 near the end of June each year. The CSA No. 2 budget will project revenues, expenditures, and reserves. Sources of revenues will be from CSA No. 2 property assessments, interest income, a percentage of property tax revenues distributed from the State and unobligated cash reserves from the prior fiscal year. The CSA No. 2 budget should have sufficient cash to pay the COUNTY for the preparation of audits and financial statements, general administration, performing general ledger accounting, utilizing the PeopleSoft Program, provide the CONTRACTOR with reimbursement payments and maintain adequate cash reserves. The CONTRACTOR’s COST REIMBURSEMENT for each fiscal year for operations and maintenance shall not exceed the appropriations for that fiscal year. However, the COUNTY does not guarantee this full amount will be available to the CONTRACTOR and the COUNTY may need to reduce the stated amount if CSA No. 2 revenues are insufficient. Fiscal Year Contractor’s Maximum Cost Reimbursement 2010-2011 $32,500 2011-2012 $33,000 2012-2013 $33,000 2013-2014 $33,000 2014-2015 $57,232 2015-2016 $48,000 2016-2017 $50,500 2017-2018 $52,500 2018-2019 $54,500 2019-2020 $56,500 2020-2021 $57,500 2021-2022 $60,500 2022-2023 $63,500 2023-2024 $66,500 TOTAL $698,732 3. COUNTY and CONTRACTOR agree that this Third Amendment is sufficient to amend the Agreement and, that upon execution of this Third Amendment, the Agreement and this Third Amendment together shall be considered the Agreement. 1 3. COUNTY and CONTRACTOR agree that this Third Amendment is sufficient to amend 2 the Agreement and , that upon execution of this Third Amendment, the Agreement and this Third 3 Amendment together shall be considered the Agreement. 4 5 6 7 8 9 10 11 12 13 14 4 . The Agreement, as hereby amended , is ratified and continued . All provisions, terms, covenants, conditions and promises contained in the Agreement, Amendment No. 1, and Amendment No. 2 and not amended herein shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment as of the day and ye first hereinabove written. Paul Heath , CFO Tenaya Estates, Inc. Print Name & Title 1363 W. Sample Ave Fresno, CA 93711 COUNTY OF FRESNO £~4:e-4=~ Ernest Buddy Mendes , Chairman of the Board of Supervisors of the County of Fresno 15 Mailing Address ATTEST: 16 17 18 19 20 21 22 23 24 25 26 27 28 FOR ACCOUNTING USE ONLY: Fund : 0160 Subclass : 12000 ORG : 9142 Account: 7220 Memo: 19 Bernice E. Seidel Clerk of the Board of Supervisors County of Fresno, State of California