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Administrative Report

Redondo Beach City Council
May 14, 2024

Document
Administrative Report
Meeting
May 14, 2024
Body
Redondo Beach City Council
Pages
1
Original file
158 KB
Text extracted from the city's file for reading and search. Open the original on redondo.legistar1.com. That file is the official record.

Administrative
Report
H.4., File # 24-0816 Meeting Date: 5/14/2024
To: MAYOR AND CITY COUNCIL
From: WENDY COLLAZO, FINANCE DIRECTOR
TITLE
APPROVE CONTRACTS UNDER $35,000:

1. APPROVE A SECOND AMENDMENT TO THE AGREEMENT WITH FIFTH ASSET, INC. DBA

DEBTBOOK FOR USE OF LEASE MANAGEMENT SOFTWARE TO CAPTURE AND

ORGANIZE INFORMATION AND DATA RELATED TO CITY LEASES IN ORDER TO COMPLY WITH GASB 87 AND GASB 96 ACCOUNTING STANDARDS IN AN AMOUNT NOT TO EXCEED $28,250 AND TO EXTEND TERM TO MAY 16, 2026

EXECUTIVE SUMMARY
Approve Contracts Under $35,000
APPROVED BY:

Mike Witzansky, City Manager

ATTACHMENTS
· Second Amendment, Signature and Insurance - Fifth Asset, Inc. dba DebtBook · First Amendment and Agreement - Fifth Asset, Inc. dba DebtBook

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