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SUPPLEMENTAL AGREEMENT NO. 1
TO AGREEMENT NO. 7
BETWEEN THE COMMUNITY REDEVELOPMENT
AGENCY AND URBAN PROJECTS, INC.
WHEREAS the Community Redevelopment Agency has entered into an
agreement with Urban Projects, Inc. , to provide fiscal consultation
to implement the Downtown Redevelopment Plan; and
WHEREAS the Community Redevelopment Agency desires to amend said
contract to increase payments for services rendered under said
agreement,
NOW THEREFORE BE IT RESOLVED by the Community Redevelopment Agency
of the City of Palm Springs , and Urban Projects, Inc. , that
Section III of Agreement No. 7, dated May 5, 1974, is hereby amended
to read as follows:
"III . PAYMENTS
It is agreed that payment for work under this
agreement shall be made by the Redevelopment
Agency on a monthly basis after receipt of an
invoice for requested services rendered by the
Fiscal Consultant. Services shall be charged
at the rate of $40.00 per hour, but not to
exceed $300.00 per diem pro rated to half days ,
for travel and services in Palm Springs. In
addition, out-of-pocket travel expenses and
costs such as long distance telephone and
copying charges shall be billed at cost.
Invoices accompanied by supporting documenta-
tion shall be submitted with a written state-
ment of services performed on a monthly basis.
It is agreed that the maximum for all services
under this contract shall be three thousand
five hundred dollars ($3,500.00) . "
Dated this day of F c ( a I-C, 1974.
ATTEST: COMMUNITY REDEVELOPMENT AGENCY
CITY` OF.,PAL'M'`SPfINGS, CALIFORNIA
0
Byrik%`� , ,r
Secretary Chairman
REVIEWED A APPROVED
APPROVED BY THE COMMUNITY URB- PROJECTS INC.
REDEVELOPMENT AGENCY, �,� , `
RESOLUTION NO. 33, 10-16-74 By
By
CRA (c)
AGREEMENT NO. 7
BETWEEN THE COMMUNITY REDEVELOPMENT.
AGENCY OF THE CITY OF PALM SPRINGS,
CALIFORNIA AND URBAN PROJECTS, INC.
-------------------
WHEREAS the Community Redevelopment Agency of the City of Palm Springs is
undertaking a community improvement program directed toward upgrading and/or
better utilizing major portions of downtown Palm Springs; and
WHEREAS the Community Redevelopment Agency of the City of Palm Springs
desires to retain, the services of a consultant to provide fiscal consulting
services; and
WHEREAS Urban Projects, Inc. , has agreed to undertake the work proposed.
NOW THEREFORE this Agreement is entered into with Urban Projects, Inc. ,
(hereinafter referred to as Fiscal Consultant) and the Community Redevelop-
ment Agency of the City of Palm Springs (hereinafter called Redevelopment
Agency). The parties hereby do mutually agree as follows:
1. WORK TO BE PERFORMED BY FISCAL CONSULTANT
The Fiscal Consultant hereby agrees to perform the following; a
�rM,.,•.,, ,�
1. Analysis of the Agency tax increment income, (known and
projected) with the objective being the development of a
feasible method of financing to achieve long-term and short- r/
term redevelopment goals. 9�1
2. Assistance in development of Agency operating budget. L Y
f0 a.ni a:i"(P I(V✓➢L's,,../ r.25 �r7/:..{'.�?f^'a�'f �._.�::. .]� ..�J�
3. -Pr orat--son- o-r4pertinent cash `'f3.cna analvsis tailored to u/ki
accomodate specific program.
4. Recommendation on alternative methods of financing and
source of assistance.
5. An evaluation of probable costs attendant to alternative
financing strategies.
6. Recommendation of fiscal policies to assist in future
development.
7. Assistance in projecting income vs cost vs cash flow on
specific proposed developments.
II. WORK TO BE PERFORMED BY THE REDEVELOPMftNT AGENCY
,4111
A. Furnish necessary staff personnel to cousult(with the Fiscal Nei
Consultant during the term of this agreement:
I
III, PAYMENTS
It rporead that payment for work under this; agreement shall be made
by the Redevelopment Ag_-ncy on a monthly bpsis after receipt of an
invoice for requested services rendered by the Fiscal Consultant.
Services shall be charged at the rate of $40.00 per hour, but not
to exceed $300.00 per diem pro rated to half days, for travel and
services in Palm Springs. In addition, out-of-pocket travel expenses
and costs such as long distance telephone and copying charges shall be
I at cost. I-DVOiCe_S accompanied by supporting documentation shall
be submitted :with a written statement of services performed on a monthly
besis.
It is agreed that the maximum for all services under this contract shall
be. two thousand dollars ($2000.00) .
CRA 1
March 27, 1974
Agreement No. 7
IV. PRINCIPAL STAFF
It is expressly understood that the firm of Urban Projects, Inc. , will
provide the services of Manuel L. De Dios as the principal staff
assistant to the Redevelopment Agency.
V. CANCELLATION
It is agreed that the Redevelopment Agency shall have the right to
cancel this agreement on a thirty (30) day notice.
Dated at Palm Springs, California, this day of -) AA 4 192 y.
ATTEST: :C r NI R VELOP!,ENT. AGENCY&. ="
r f
Secretary air
a
REVIEWED & APPROVED
URBAN PROJECTS, INC.
By
77�
By
APPROVED BY CRA RES. NO. 29
Adopted March 27, 1974
CRA 1