Cities Index.
Attachment A - Amendment 1 - Assured Technology COOP

City Council and Concurrent Authorities
May 14, 2024

Document
Attachment A - Amendment 1 - Assured Technology COOP
Meeting
May 14, 2024
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City Council and Concurrent Authorities
Original file
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Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

1 (Rev. 03.21.22)

CITY OF STOCKTON

STANDARD AGREEMENT AMENDMENT
This Amendment Number 1 to the above referenced Agreement is entered into on the date of full execution by both parties, between the City of Stockton (“City”) and Assured Technology, Inc. “Contractor”.

RECITALS
Exhibit C General Terms and Conditions, Paragraph 7 Changes, states the City may modify the scope of services and any material extension or change in the scope shall be memorialized in a written amendment prior to the performance of additional work; and
Exhibit C General Terms and Conditions, Paragraph 8 Amendment, states no variation of the terms of this Agreement shall be valid unless an Amendment is made in writing and signed by both parties; and The City needs to increase the Compensation, Not to Exceed (NTE) amount in Paragraph 3 of the Cooperative Agreement, by $642,385, to pay for the additional purchase and installation of a new Closed-Circuit TV (CCTV) and Intercom system for the following City owned parking garages in downtown Stockton:

1. Coy
Garage – 130 North Hunter St.

2. Mar
ket Garage – 430 East Market St.

3. Channe
l Garage – 350 East Channel St.

Now therefore, the City and the Contractor mutually agree as follows:

1.The maximum not to exceed amount to be paid to the Contractor, including if authorized, reimbursement of expenses, in Paragraph 3 of the Cooperative Agreement, will now read as follows:

Initial NTE $ 578,036
Increase to the initial NTE $ 642,385
Total maximum compensation to be paid to the
Contractor under this Cooperative Agreement
$1,220,421
All other terms and conditions of the Agreement shall remain unchanged and remain in full force and effect unless modified by a written amendment signed by both parties.

IN
WITNESS WHEREOF, the authorized parties have executed this Agreement.

CONTRACTOR
Assured Technology, Inc.
_____________________________________________________________________________________________ Contractor’s Name (if other than an individual, state whether a corporation, par tnership, etc.):
________________________________________________________ 4-16-2024____________________________
Authorized Signature Date
Brian James, CEO
____________________________________________________________________________________________ Printed Name and Title of Person Signing
4120 Dale Road,
Suite J-8 #244, Modesto, CA 95356
____________________________________________________________________________________________ Address
Agreement Number: Amendment
Number:
424000004 1

ATTACHMENT A
2 (Rev. 03.21.22)

CITY OF STOCKTON
_____
________________________________________________________________________________________ Harry Black, City Manager Date
AT
TEST:
_____________________________________________________________________________________________ Eliza R. Garza CMC, City Clerk
APPR
OVED AS TO FORM:

Lori M. Asuncion, City Attorney
BY:

ATTACHMENT A

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