FIRST AMENDMENT TO THE
AGREEMENT FOR PROJECT SERVICES
BETWEEN THE CITY OF REDONDO BEACH AND PEGASUS STUDIOS
THIS FIRST AMENDMENT TO THE AGREEMENT FOR PROJECT SERVICES ("First Amendment") is made between the City of Redondo Beach, a chartered municipal corporation ("City") and Pegasus Studios, a California corporation ("Contractor").
WHEREAS, on April 16, 2024, the parties hereto originally entered into the Agreement for Project Services between the City and Contractor (the "Agreement"); and WHEREAS, the parties wish to amend the Agreement.
NOW THEREFORE, in consideration of the promises and mutual covenants contained herein, and intending to be legally bound, the parties hereby agree to make the following amendment to the Agreement:
1. COMPENSATION. Exhibit "C" of the Agreement is hereby amended to add Exhibit “C-1”, which increases the compensation paid to Contractor to $98,600, and confirms the submission of monthly invoice. Exhibit “C-1” is attached hereto and incorporated by reference. Contractor shall be compensated for the services described in Exhibit “A”.
2. NO OTHER AMENDMENTS. Except as expressly stated herein, the Agreement shall remain unchanged and in full force and effect. The Agreement and this First Amendment constitute the entire agreement between the parties and supersede any previous oral or written agreements with respect to the subject matter hereof. In the event of any inconsistency between the terms of the Agreement and this First Amendment, the terms of this First Amendment shall govern. [SIGNATURES ON NEXT PAGE]
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IN WITNESS WHEREOF, the parties have executed this First Amendment in Redondo Beach, California, as of this 23rd day of July, 2024.
CITY OF REDONDO BEACH, PEGASUS STUDIOS,
a chartered municipal corporation a California corporation __________________________ By: _______________________
James A. Light, Mayor Name: _______________________
Title: _______________________
ATTEST: APPROVED:
__________________________ __________________________
Eleanor Manzano, City Clerk Diane Strickfaden, Risk Manager APPROVED AS TO FORM:
__________________________
Michael W. Webb, City Attorney
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EXHIBIT "C-1"
COMPENSATION
Provided Contractor is not in default under this Agreement, Contractor shall be compensated as provided below.
A. AMOUNT. Contractor shall be paid $98,600 for the work described in the Agreement, as amended by this First Amendment. This amount does not include compensation for additional services requested by the City.
B. ADDITIONAL SERVICES. In the event the City requests additional services as described in Section K of Exhibit “A” of the Agreement, Contractor shall be paid in accordance with the following schedule.
Description of Services Rate
Emergency broadcast services or maintenance
services
$175 per hour
Onboarding $600 per day
C. METHOD OF PAYMENT. Contractor shall provide monthly invoices to City for approval and payment. The invoices shall include the dates of service, description of services performed, location, total amount, and if applicable, hourly rates and subcontractor costs, and be based on the work performed in the prior month. Copies of subcontractor invoices, and/or supporting documentation must be attached.
Invoices must be itemized, adequately detailed, based on accurate records, in a form reasonably satisfactory to City. Contractor shall provide any other back-up material upon request.
D. SCHEDULE FOR PAYMENT. City agrees to pay Contractor within forty-five (45) days of City’s receipt of the invoice(s), provided, however, that services are completed to City’s full satisfaction.
E. NOTICE. Written notices to City and Contractor shall be given by email or registered certified mail, postage prepaid and addressed to or personally served on the following parties.
Contractor: Pegasus Studios
5760 Lindero Canyon Road, #1151
Westlake Village, CA 91362
Attention: Robert Schweiger
Email: [email protected]
City: City of Redondo Beach
Information Technology Department
415 Diamond Street
Redondo Beach, CA 90277
Attention: Mike Cook, Information Technology Director
Email: [email protected]
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All notices, including notices of address changes, provided under the Agreement are deemed received on the second business day after email, and the third business day after mailing if sent by registered certified mail. Changes in the respective address set forth above may be made from time to time by any party upon written notice to the other party.