Cities Index.
item 8 Approval of an Amendment to Project Finance Advisory Limited for the P3 Project Feasibility and Project Management consultant services for the Garden Grove Civic Center Project. (Cost: $149,803.50) (A

Garden Grove City Council
January 28, 2025

Document
item 8 Approval of an Amendment to Project Finance Advisory Limited for the P3 Project Feasibility and Project Management consultant services for the Garden Grove Civic Center Project. (Cost: $149,803.50) (A
Meeting
January 28, 2025
Body
Garden Grove City Council
Original file
303 KB
Text extracted from the city's file for reading and search. Open the original on agendasuite.org. That file is the official record.

1 CITY OF GARDEN GROVE

AMENDMENT NO. 4

This Amendment No. 4 is made and entered into this____ day of ______, 2025 by and between the CITY OF GARDEN GROVE, hereinafter referred to as "CITY", and PROJECT FINANCE ADVISORY LIMITED (PFAL) hereinafter referred to as ("CONSULTANT").

WHEREAS, CITY and CONSULTANT previously entered into that certain Professional Services Agreement dated July 12, 2022, for CONSULTANT to provide project feasibility and project management consulting services for the Garden Grove Civic Center Project and implement Phase 1 of the Scope of Services (the “Original Agreement”); and

WHEREAS, the Original Agreement was amended by Amendment No. 1 to increase the contract price in the amount of $18,145.00 to cover additional services; and

WHEREAS, Amendment No. 2 added implementation of Phases 2 and 3 of the Scope of Work to develop the Request for Qualifications/Proposals to select a preferred developer for the implementation of the Garden Grove Civic Center Project and finalize the design, build and finance agreement with the selected developer; and

WHEREAS, Amendment No. 2 further increased the total compensation under the Agreement to the not to exceed amount of $1.3 million; and

WHEREAS, the Original Agreement, Amendments Nos. 1, 2, and this Amendment No. 3 are hereby referred to collectively herein as the “Agreement;” and

WHEREAS, Amendment No. 3 further increased the total compensation under the Agreement to the not to exceed amount of $1,449,950.86; and

WHEREAS, CONTRACTOR and CITY desire to amend the Existing Contract as provided herein.

Now, therefore, it is mutually agreed, by and between the parties as follows:

Section 3.0., COMPENSATION - shall be amended as follows:

Section 3 of the Agreement is hereby amended to increase the total compensation under the Agreement to the not to exceed amount of ONE MILLION FIVE

HUNDRED NINETY-NINE THOUSAND SEVEN HUNDRED FIFTY FOUR
DOLLARS AND THIRTY-SIX CENTS ($1,599,754.36) an increase of $149,803.50 to cover the additional costs to implement Phase 6 of Scope of Work pursuant to Attachment A.

Except as expressly amended hereby, all of the terms and conditions in the Existing 2 Contract remain in full force and effect as originally executed.

[SIGNATURE PAGE FOLLOWS]
3 IN WITNESS THEREOF, these parties hereto have caused this Agreement to be executed as of the date set forth opposite the respective signatures.

ATTEST:

City Clerk Dated

APPROVED AS TO FORM:

City Attorney Dated
“CITY”

CITY OF GARDEN GROVE

By:

City Manager Dated

“CONSULTANT”

PROJECT FINANCE ADVISORY

LIMITED

By:

Title:

Dated:

Tax I.D.:

If CONSULTANT/CONTRACTOR is a
corporation, a Corporate Resolution
and/or Corporate Seal is required. If a
partnership, Statement of Partnership
must be submitted to CITY

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