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Agreement and Amendment No. 1 - Lance, Soll & Lunghard, LLP.

Manhattan Beach City Council
March 19, 2024

Document
Agreement and Amendment No. 1 - Lance, Soll & Lunghard, LLP.
Meeting
March 19, 2024
Body
Manhattan Beach City Council
Original file
4.3 MB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

Approved for use 2/15/20
2034384v3.doc City of MB Form
AMENDMENT NO. 1 TO THE PROFESSIONAL SERVICES AGREEMENT

BETWEEN THE CITY OF MANHATTAN BEACH AND LANCE, SOLL &

LUNGHARD, LLP
This First Amendment (“Amendment No. 1”) to that certain agreement by and between the City of Manhattan Beach, a California municipal corporation (“City”) and Lance, Soll & Lunghard, LLP , a California limited partnership (“Consultant”) (collectively, the “Parties”) is hereby entered into as of March 20, 2022 (“Effective Date”).

RECITALS
A. On March 20, 2019, the City and Consultant entered into an agreement for professional services for the Consultant to provide f inancial audit and related services statements and reports. (“Agreement”); B. Prior to the expiration of the Term of the Agreement both Parties desired to increase the Maximum Compensation and extend the Term; however, due to clerical oversight, the Parties did not execute an Amendment to memorialize the mutual desire to increase the Maximum Compensation and extend the Term prior to the termination of the Agreement;
C. The Parties now desire to amend the Agreement to increase the Maximum Compensation and extend the Term.

NOW, THEREFORE, in consideration of t he Parties’ performance of the promises, covenants, and conditions stated herein, the Parties hereby agree as follows:

Section 1. Section 2 of the Agreement is hereby revised to extend the Term of the Agreement through March 31, 2024, unless sooner terminated as provided in Section 12 of the Agreement.

Section 2. Section 3.A of the Agreement is hereby revised to increase the Maximum Compensation amount by $127,680.00, for a new Maximum Compensation of $297,750.00.

Section 3. “Exhibit B- Approved Fee Schedule” of the Agreement is hereby replaced by Exhibit B.1 attached to this Amendment.

Section 4. Except as specifically amended by this Amendment No. 1, all other provisions of the Agreement shall remain in full force and effect.

IN WITNESS THEREOF, the Parties hereto have executed this Amendment No. 1 on the day and year first shown above.
[SIGNATURE PAGE FOLLOWS]
The Parties, through their duly authorized representatives are signing this Amendment No. 1 on the date stated in the introductory clause.

City:

City of Manhattan Beach,
a California municipal corporation
Consultant:

Lance, Soil & Lunghard, LPP,
a California limited partnership
By:

Name: Bruce Moe
Title: City Manager
ATTEST:

By:

Name: Liza Tamura
Title: City Clerk
APPROVED AS TO FORM:

By:
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By:

Name:

Title:,
By:

Name: Quinn M. Barrow
Title: City Attorney
APPROVED AS TO FISCAL IMPACT:

By:

Name: Steve S. Charelian
Title: Finance Director
APPROVED AS TO CONTENT:
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^- By:

Name: Steve S. Charelian
Title: Finance Director
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Approved for use 2/15/20

-3-
Approved for use 2/15/20
2034384v3.doc City of MB Form
EXIBIT B.1

APPROVED FEE SCHEDULE

February 24, 2022

Julie Bondarchuk
Financial Controller
City of Manhattan Beach
1400 Highland Avenue
Manhattan Beach, CA 90266

At your request, we are providing you a quote to prepare the City of Manhattan Beach (City)’s Financial Transactions Report (State Controller’s Report) for fiscal year ending June 30, 2022 . The report will be prepared on a regulatory basis in the form prescribed by the California State Controller.

We will conduct our engagement in accordance with Statements on Standards for Accounting and Review Services (SSARSs) promulgated by the Accounting and Review Services Committee of the AICPA and comply with the AICPA's Code of Professional Conduct, including the ethical principles of integrity, objectivity, professional competence, and due care. We are not required to, and will not, verify the accuracy or completeness of the information you will provide to us for the engagement or otherwise gather evidence for the purpose of expressing an opinion or a conc lusion. Accordingly, we will not express an opinion or a conclusion or provide any assurance on the City’s State Controller’s Report. The City’s State Controller’s Report will not be accompanied by a report and will clearly indicate that no assurance is provided on it.

Our fee for the preparation of this report will be $4,325.

Again, Lance, Soll & Lunghard, LLP looks forward to continue to provide quality services to the City of Manhattan Beach. Should you or any other representative of the City have additional questions regarding this quote, please do not hesitate to contact Bryan Gruber, Engagement Partner at (714) 672-0022.

Sincerely yours,

203 N. Brea Blvd., Suite 203
Brea, CA 92821 Lance, Soll & Lunghard, LLP Phone: 714.672.0022

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