Cities Index.
3rd Option Renewal Letter

Santa Monica City Council
February 24, 2026

Document
3rd Option Renewal Letter
Meeting
February 24, 2026
Body
Santa Monica City Council
Original file
129 KB
Text extracted from the city's file for reading and search. Open the original on santamonicacityca.iqm2.com. That file is the official record.

Date:#

Mr. Alex Schindelbeck
Yardi Systems, Inc.
430 South Fairview Avenue
Goleta, CA 93117
Re: SAAS Subscription Agreement No. 10362 - Renewal Third Option Dear Mr. Schindelbeck:

Please accept this letter as the City’s notification of its intent to extend the term of the above-referenced SAAS Subscription Agreement (the “SAAS”) for a period of one (1) year. As noted in Section 1 of the Terms and Conditions of Subscription Agreement dated January 25, 2017 the City may extend the term for up to four (4) additional one (1)-year terms. The renewal will extend the term of the PSA beginning on January 1, 2020 through December 31, 2020. All other terms and conditions of the SAAS shall remain the same and in full force and effect.

If you have any questions, please contact Stelios Makrides, Airport & Real Estate Director at (310) 458-8591 or [email protected]
Sincerely,
Rick Cole
cc: Stelios Makrides, Airport & Real Estate Director
John Barry, Contracts Coordinator
DocuSign Envelope ID: 77C2DD78-DEB7-4F5B-BFAA-CA59FB4966A3 








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