...Title
Amendment to Revenue Enhancement Service Agreements with MuniServices, LLC.
...Recommendations
Adopt a resolution authorizing the Director of Finance to negotiate and execute amendments to the agreements with MuniServices LLC, dba Avenu MuniServices, LLC, a Delaware Limited Liability Company to extend:
(a) Sales and Use Tax revenue enhancement services and data analysis and reporting services for one additional term of six (6) months, for the period of July 1, 2020 through December 31, 2020, at a maximum compensation for the extended term not to exceed $206,000, and a total maximum compensation not to exceed $2,163,000 for the primary services phase and data analysis and reporting phase of the agreement (October 1, 2015 - December 31, 2020), subject to the appropriation of funds, and to extend the completion services phase of the agreement an additional six (6) months through December 31, 2023 at no additional compensation; and
(b) Telephone Line Tax, Utility Users Tax and Franchise Fee compliance services for one additional term of six months, for the period of July 1, 2020 through December 31, 2020, at a maximum compensation not to exceed $35,000 for the extended term, and a total maximum compensation not to exceed $367,500 for the term of the agreement (October 1, 2015 - December 31, 2020), subject to the appropriation of funds.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Finance)