AMENDMENT NO. 1 TO SERVICE AGREEMENT BETWEEN
THE CITY OF HUNTINGTON BEACH AND
EXCALIBUR WELL SERVICES, CORP.
FOR
CIVIC CENTER WELL ABANDONMENT
THIS AMENDMENT is made and entered into by and between the CITY OF HUNTHSTGTON BEACH, a California municipal corporation, hereinafter referred to as "City," and EXCALIBUR WELL SERVICES, CORP, hereinafter referred to as "Contractor."
WHEREAS, City and Contractor are parties to that certain agreement, dated February 20, 2024, entitled "Service Agreement Between the City ofHuntington Beach and Excalibur Well Services, Corp. for Civic Center Well Abandonment" which agreement shall hereinafter be referred to as the "Original Agreement"; and City and Contractor wish to amend the Original Agreement to increase the amount of compensation to be paid to Contractor,
NOW, THEREFORE, it is agreed by City and Contractor as follows:
1. ADDITIONAL COMPENSATION
In consideration of the services to be performed under the Original Agreement, City agrees to pay Contractor at the rates specified in Exhibit B which is attached hereto and incorporated by reference into this Agreement. City further agrees to pay Contractor an additional sum not to exceed One Million One Hundred Fifty Thousand Dollars ($1,150,000.00). The additional sum shall be added to the original sum of One Million Ninety-Nine Thousand Seven Hundred Seventy Dollars ($1,099,770.00), for a new contract amount not to exceed Two Million Two Hundred Forty-Nine Thousand Seven Hundred Seventy Dollars ($2,249,770.00). 24-15368/354241
2.REAFFIRMATION
Except as specifically modified herein, all other terms and conditions for the Original Agreement shall remain in full force and effect.
FN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized officers on _, 2024.
EXCALIBUR WELL SERVICES, CORP
By:_
CITY OF HUNTINGTON BEACH, a
municipal corporation of the State of
California
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ITS: (circle one) Chauman/PresidentA^ice President
AND
By:_
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ITS: (circle one) Secretary/Chief Financial
Officer/Asst. Secretary - Treasurer
City Clerk
INITIATED AND APPROVED:/.
^Fire Chief
APPROVED
^
24-15368/354241
2.REAFFIRMATION
Except as specifically modified herein, all other terms and conditions for the Original Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their authorized officers on _, 2024.
EXCALIBUR WELL SERVICES, CORP
By:_
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ITS: (circle one) Ctininn.iii^PrcsideiU^/icc President Mavnr AND
CITY OF HUNTINGTON BEACH, a
municipal corporation of the State of
California
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By: _ _ ^^n^~^----
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ITS; (circle oMc^Secrctar^Chicf Financial
Officer/Asst, Secretary - Treasurer
City Clerk
INITIATED AND APPROVED:
Fire Chief
APPROVED AS TO FORM:
City Attorney
24-15368/354241