Amend 3 to Parking Lot Management Agreement.docx
THIRD AMENDMENT
TO
PARKING LOT MANAGEMENT AGREEMENT
BETWEEN
CITY OF FRESNO, CALIFORNIA
(A Municipal corporation)
and
SP PLUS CORPORATION
A Delaware Corporation
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Amend 3 to Parking Lot Management Agreement.docx
THIRD AMENDMENT TO AGREEMENT
This THIRD AMENDMENT TO THE PARKING MANAGEMENT SERVICES AGREEMENT (“Amendment”) is made and entered into as of the ____ day of _________________, 2024, by and between the City of Fresno California, a municipal corporation hereinafter referred to as the "City", and SP Plus Corporation, a Delaware Corporation duly admitted in good standing to do business in California, hereinafter referred to as "Contractor".
RECITALS
WHEREAS, City owns and operates the Fresno Yosemite International Airport, a public airport (Airport), located in the City of Fresno, California; and WHEREAS, City provides public parking facilities at Fresno Yosemite International Airport (Airport) for use by the public and employees; and
WHEREAS, Contractor and City (each a Party; collectively the Parties) have heretofore entered into a Parking Lot Management Services Agreem ent on February 26, 20 14, and entered into a First Amendment to The Parking Management Services Agreement on December 1, 2015, and entered into a Second Amendment to The Parking Management Services Agreement on August 31, 2018 (Agreement); and
WHEREAS, Contractor procured the License Plate Recognition equipment and software so it will integrate with existing Airports Parking Access Revenue Control Systems (PARCS); and WHEREAS, the purpose of the License Plate Recognition System is to assist parking lot management company to control inventory of Airports parking facilities and assist with lost tickets and expedite exiting vehicles to prevent idle time; and WHEREAS, the parties desire to amend the Agreement upon the terms and conditions herein set forth.
AGREEMENT
NOW, THEREFORE , in consideration of the foregoing, the mutual covenants and promises hereinafter set forth and other good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties intending to be legally bound, hereby agree as follows:
1. Pursuant to Article II, Section 2.01(E ), “Future Parking Facilities,” City authorizes Contractor to purchase and install, at the City’s cost and expense, a License Plate Recognition (LPR) system at Airport public parking lots.
2. The total amount of reimbursement to the Contractor from the City for all components of the purchase and installation of equipment sh all not exceed Four-Hundred Eighty-Seven Thousand Two-Hundred Seventy-Five and Forty Cents ($487,275.00), Exhibit A-1.
3. City shall make four (4) payments to Contractor as follows:
a. Payment 1 – 50% of the total purchase cost do wn at signing of contract between Contractor and Vendor;
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Amend 3 to Parking Lot Management Agreement.docx
b. Payment 2 – 30% of remaining purchase cost upon receipt of shipment of all equipment;
c. Payment 3 – 15% of remaining purchase cost upon substantial completion of the installation of the LPR system; and
d. Payment 4 – 5% Final retention at project close out.
4. Funding for the LPR system shall come from Measure C New Technology Grant funds that were awarded to City for Advanced Transit and Tr ansportation Projects at the Airport. The Grant Funds and Resolution No. 2020-032, we re previously approv ed by City Council on February 27, 2020, Exhibit B-1.
5. All capitalized terms not otherwise defined he rein shall have the meaning ascribed to such terms in the Agreement.
6. Except as amended herein, the Agreement sha ll be and remain in full force and effect. ///
///
///
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Amend 3 to Parking Lot Management Agreement.docx
IN WITNESS WHEREOF, the parties have executed this Third Amendment at Fresno, California, the day and year first above written.
CITY OF FRESNO, CALIFORNIA
A Municipal Corporation
By:
Georgeanne A. White
City Manager
ATTEST:
Todd Stermer, CMC MMC
City Clerk
By:________________________
Deputy
APPROVED AS TO FORM:
Andrew Janz
City Attorney
By:__________________________
Christine Charitar, Deputy Date
Address for Notice:
City of Fresno
Airports Department
4995 E. Clinton Way
Fresno, CA 93727
SP PLUS CORPORATION
A Delaware Corporation
By:
Title:
(If Corp or LLC, Board Chair,
President or Vice President)
By:
Title:
(If Corp or LLC, CFO, Treasurer,
Secretary or Assistant Secretary)
Address for Notice:
SP Plus Corporation
200 East Randolph Street, Suite 7700
Chicago, IL 60601
Phone (312) 274-2000
Fax (312) 640-6162
ATTACHMENTS:
EXHIBIT “A-1”: License Plate Recognition System Quote
EXHIBIT “B-1”: Resolution No. 2020-032
4
EXHIBIT “$”
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