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 15, 2025, 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 amendments to the Agreement:
1. TERM AND TIME OF COMPLETION. Exhibit “B” of the Agreement is hereby amended to add Exhibit “B-1”, which extends the Agreement to April 16, 2027.
Exhibit “B-1” is attached hereto and incorporated by this reference. Contractor shall commence and complete all services described in Exhibit “A” of the Agreement in accordance with the schedule set forth in Exhibit “B”, as amended by Exhibit “B-1”.
2. COMPENSATION. Exhibit "C" of the Agreement is hereby amended to add Exhibit C-1”, which increases Contractor’s total compensation by $100,800, setting a new compensation limit of $210,800. Exhibit “C-1” is attached hereto and incorporated by reference. Contractor shall be compensated for the services described in Exhibit “A” of the Agreement.
3. 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]
2 -
IN WITNESS WHEREOF, the parties have executed this First Amendment in Redondo Beach, California, as of this 14th day of April, 2026.
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:
Joy A. Ford, City Attorney
President
4/ 1/ 2026 | 9: 51 AM PDT
Robert Schwieger
3 -
EXHIBIT “ B-1”
TERM AND TIME OF COMPLETION
TERM. The term of this Agreement shall be extended to April 16, 2027, unless otherwise terminated as herein provided.
4 -
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 a monthly fee in the amount of $8,400 for the services described in Exhibit “A”, amounting to an annual total of $100,800. This amount does not include compensation for additional services requested by the City under Section B below.
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. NOT TO EXCEED AMOUNT. Notwithstanding any other provision of the Agreement, as amended, in no event shall the total cumulative compensation paid to Contractor exceed 210,800.
D. METHOD OF PAYMENT. Contractor shall provide monthly invoices to City for approval and payment. The invoices shall include:
1. Dates and locations of service;
2. Description of services performed;
3. Monthly fee;
4. If applicable, the hourly and/or daily rates, and number of hours worked; and
5. If applicable, subcontractor costs.
Invoices must be based on the work performed in the prior month. Copies of subcontractor invoices, and/or supporting documentation shall be attached as applicable. Invoices must be itemized, adequately detailed, and based on accurate records, in a form reasonably satisfactory to City. Contractor shall provide any other back-up material upon request.
E. SCHEDULE FOR PAYMENT. City agrees to pay Contractor within forty-five (45) days of City’s receipt of the monthly invoice(s); provided, however, that services are completed to City’s full satisfaction.
F. NOTICE. Written notices to City and Contractor shall be given by registered or certified mail, postage prepaid, email, or personally served, and addressed to the following parties.
5 -
Contractor: Pegasus Studios
5760 Lindero Canyon Road, #1151
Westlake Village, CA 91362
Attention: Robert Schwieger
Email: robert@pegstudios. com
City: City of Redondo Beach
Information Technology Department
415 Diamond Street
Redondo Beach, CA 90277
Attention: Mike Cook, Information Technology Director
Email: [email protected]
All notices, including notices of address changes, provided under this Agreement are deemed received as follows: (1) on the second business day after emailing, provided that no “bounce-back” or similar message indicating non-delivery is received; (2) on the third day after mailing if sent by registered or certified mail; or (3) upon personal delivery. 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 in accordance with this section.