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FIRST AMENDMENT TO CONSULTANT SERVICES AGREEMENT
CITY OF FRESNO, CALIFORNIA
THIS FIRST AMENDMENT TO SERVICE AGREEMENT (First Amendment) is effective April 1, 2026, and amends the Consultant Service Agreement entered into between the CITY OF FRESNO, a California municipal corporation (City), and Wil ldan Financial Services, a California corporation (Consultant).
RECITALS
WHEREAS, the City and the Consultant entered into a consultant services agreement, dated May 1, 2021 (Agreement) for professional administrative services for the Special District, bond arbitrage, and bond continuing disclosure (Project); and WHEREAS, the City and the Consultant now desire to extend the term for two (2) additional years through April 1, 2028; and
WHEREAS, the City and Consultant desire to increase the total compensation by $134,098 and modify the Scope of Services to revise the Fee Schedule; and WHEREAS, with entry into this First Amendment, the Consultant agrees it has no claim, demand, or dispute against the City and affirms that it will abide by all obligations contained in the Agreement.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing, it is mutually agreed that this First Amendment shall revise the Agreement as follows:
1. The Term of the Agreement shall be extended through April 1, 2028, subject to an earlier termination in accordance with the Agreement.
2. The Consultant’s compensation for performance of all services required or rendered pursuant to this First Amendment shall be $134,098 through April 1, 2028, increasing the Agreement total fee not to exceed $384,098.
3. The Fee Schedule set forth in S ection 2 “Compensation” of Exhibit A (Scope of Services) of the Agreement is hereby amended and replaced in its entirety with the revised Fee Schedule attached hereto as Exhibit A.
4. Except as otherwise provided herein, the Agreement entered into by the City and the Consultant on May 1, 2021, remains in full force and effect. In the event of any conflict between the Agreement and this First Amendment, this First Amendment shall control.
[Signatures follow on the next page.]
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IN WITNESS WHEREOF, the parties have executed this First Amendment at Fresno, California, the day and year first above written.
CITY OF FRESNO,
A California municipal corporation
By: __________________________
Georgeanne A. White
City Manager
APPROVED AS TO FORM
ANDREW JANZ
City Attorney
By:___________________________
Sukhman S. Sekhon Date
Deputy City Attorney
ATTEST:
AMY K. ALLER
City Clerk
By:__________________________
Deputy Date
Addresses:
CITY:
City of Fresno
Attention: Finance Department
2600 Fresno Street, Rm 2156
Fresno, CA 93721
Phone: (559) 621-7001
FAX: (559) 457-1534
WILLDAN FINANCIAL SERVICES, INC.
a California corporation
By:
Name: Gladys Ceballos
Title: Vice President/Director
(If corporation or LLC, Board Chair,
President or Vice President)
By:
Name: Rebekah Smith
Title: Assistant Secretary
(if corporation or LLC., CFO
Treasurer, Secretary or Assistant
Secretary)
CONSULTANT:
Willdan Financial Services, Inc.
Attention: Gladys Ceballos
Vice President, Group Manager
27368 Via Industria, Suite 200
Temecula, California 92590
Phone: (951) 587-3500
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Exhibit A
Revised Fee Schedule
Consultant Service Agreement between City of Fresno
And Willdan Financial Services
MUNICIPAL SECURITIES ADMINISTRATION
“2. Compensation – YEAR 1
Assessment District Bond and PBID Administration
Description Fee per
District
Fee per Parcel
Annual - Districts with less than 1,000 parcels $2,750 $0.00 Annual - Districts with 1,000 to 9,999 parcels $2,750 $0.55 Annual - Districts with more than 10,000 parcels $8,250 $0.00 Revenue & Taxation Code 163 Report $75 per District $75 per District Additional Fees (Please Detail) See
Miscellaneous
See Miscellaneous
Community Facilities District Administration:
Description Fee per
District
Fee per Parcel
Annual - Districts with less than 5,000 parcels $2,200 $0.55 Annual - Districts with 5,000 to 9,999 parcels $2,200 $0.55 Annual - Districts with more than 10,000 parcels $7,700 CDIAC Report Incl. in above fee Incl. in above fee
Additional Fees (Please Detail) See
Miscellaneous
See Miscellaneous
Landscape and Lighting Maintenance District:
Description Fee per
District
Fee per Parcel
Annual - Districts with more than 10,000 parcels $8,250 0
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Assessment & Special Tax Apportionment Administration:
Description Fee per
District
Unit
Apportionment & Amended Diagram $1,000 Parcel Map (<5 Pcl) Apportionment & Amended Diagram (Parcel Map) $1,000 Final Parcel (<5 Pcl)
Apportionment & Amended Diagram $1,500 + $20/Pcl Tract (5+ Pcl) Apportionment & Amended Diagram (Tract) $1,500 + $20/Pcl Final Parcel (5+ Pcl)
Apportionment & Amended Diagram $1,500 + $20/Pcl Subdivision (5+ Pcl)
Apportionment & Amended Diagram (Subdivision) $1,500 + $20/Pcl Final Parcel (5+ Pcl)
Additional Fees (Please Detail) Not Applicable Not Applicable
Assessment and Special Tax Delinquency Administration:
Description Fee per
District
Unit
Reminder Letter $15 Letter
Demand Letter $45 Letter
Foreclosure Letter $65 Letter
Payment Plan Setup and Monitoring $200 Property Owner
Removal of Levied Assessment or Special Tax $125 Parcel Per Year Paid Foreclosure $300 Parcel
Additional Fees (Please Detail) Not Applicable Not Applicable
Payoff Quotes (Paid by requesting parties when requested):
Description Per Parcel
Fee
Assessment Districts $50
Community Facilities Districts $600
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Arbitrage Rebate Administration:
Description Fee per
District
Unit
Engagement $250 Transaction
Annual Rebate Calculation Report $850 Transaction
Construction Period Calculation $250 Transaction
Semi-Annual Spend Down Analysis $500 Transaction
Commingled Fund Analysis $200 Transaction
Multi-Period Calculation $200 Transaction
Transferred Proceeds Analysis $250 Transaction
Variable Rate Issues $250 Bond Year
Requests for Refund of Overpayment Included Request
Preparation of IRS Form 8038-T Included Form
Additional Fees (Please Detail) See Hourly Rates
Municipal Disclosure Administration:
Description Fee per
District
Unit
Existing Bond Setup $0 Bond
Existing Bond Annual $880 Bond
New Bond Setup $0 Bond
New Bond Annual $880 Bond
Dissemination of Annual Report $110 Recipient
Significant Event Notice $165 Event
Dissemination of Significant Event Notice Included
Additional Fees (Please Detail) $225 - $250
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Hourly Rates:
Position Hourly Rate
Group Director $250
Principal Consultant $210
Senior Project Manager $185
Project Manager $165
Senior Project Analyst $135
Senior Analyst $125
Analyst $100
Analyst Assistant $75
Property Owner Services Representative $55
Support Staff $50
The above amounts shall include any and all applicable taxes
“2. Compensation – YEAR 2
Assessment District Bond and PBID Administration
Description Fee per
District
Fee per Parcel
Annual - Districts with less than 1,000 parcels $2,805 $0.00 Annual - Districts with 1,000 to 9,999 parcels $2,805 $0.56 Annual - Districts with more than 10,000 parcels $8,415 $0.00 Revenue & Taxation Code 163 Report $75 per District $75 per District Additional Fees (Please Detail) See
Miscellaneous
See Miscellaneous
Community Facilities District Administration:
Description Fee per
District
Fee per Parcel
Annual - Districts with less than 5,000 parcels $2,244 $0.56 Annual - Districts with 5,000 to 9,999 parcels $2,244 $0.56 Annual - Districts with more than 10,000 parcels $7,854
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CDIAC Report Incl. in above fee Incl. in above fee
Additional Fees (Please Detail) See
Miscellaneous
See Miscellaneous
Landscape and Lighting Maintenance District:
Description Fee per
District
Fee per Parcel
Annual - Districts with more than 10,000 parcels $8,415 0
Assessment & Special Tax Apportionment Administration:
Description Fee per
District
Unit
Apportionment & Amended Diagram $1,000 Parcel Map (<5 Pcl) Apportionment & Amended Diagram (Parcel Map) $1,000 Final Parcel (<5 Pcl)
Apportionment & Amended Diagram $1,500 + $20/Pcl Tract (5+ Pcl) Apportionment & Amended Diagram (Tract) $1,500 + $20/Pcl Final Parcel (5+ Pcl)
Apportionment & Amended Diagram $1,500 + $20/Pcl Subdivision (5+ Pcl)
Apportionment & Amended Diagram (Subdivision) $1,500 + $20/Pcl Final Parcel (5+ Pcl)
Additional Fees (Please Detail) Not Applicable Not Applicable
Assessment and Special Tax Delinquency Administration:
Description Fee per
District
Unit
Reminder Letter $15 Letter
Demand Letter $45 Letter
Foreclosure Letter $65 Letter
Payment Plan Setup and Monitoring $200 Property Owner
Removal of Levied Assessment or Special Tax $125 Parcel Per Year Paid Foreclosure $300 Parcel
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Additional Fees (Please Detail) Not Applicable Not Applicable
Payoff Quotes (Paid by requesting parties when requested):
Description Per Parcel
Fee
Assessment Districts $50
Community Facilities Districts $600
Arbitrage Rebate Administration:
Description Fee per
District
Unit
Engagement $250 Transaction
Annual Rebate Calculation Report $867 Transaction
Construction Period Calculation $250 Transaction
Semi-Annual Spend Down Analysis $500 Transaction
Commingled Fund Analysis $204 Transaction
Multi-Period Calculation $204 Transaction
Transferred Proceeds Analysis $250 Transaction
Variable Rate Issues $250 Bond Year
Requests for Refund of Overpayment Included Request
Preparation of IRS Form 8038-T Included Form
Additional Fees (Please Detail) See Hourly Rates
Municipal Disclosure Administration:
Description Fee per
District
Unit
Existing Bond Setup $0 Bond
Existing Bond Annual $898 Bond
New Bond Setup $0 Bond
New Bond Annual $898 Bond
Dissemination of Annual Report $112 Recipient
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Significant Event Notice $168 Event
Dissemination of Significant Event Notice Included
Additional Fees (Please Detail) $225 - $250
Hourly Rates:
Position Hourly Rate
Group Director $250
Principal Consultant $210
Senior Project Manager $185
Project Manager $165
Senior Project Analyst $135
Senior Analyst $125
Analyst $100
Analyst Assistant $75
Property Owner Services Representative $55
Support Staff $50
The above amounts shall include any and all applicable taxes