City Council

11.\nAmendment No. 1 to Services Agreement with StoneX Financial, Inc. – FCM Division\nRecommendation:\nA. Find that the best interests of the City are served by a direct award of Amendment No. 1\nto the Services Agreement with Stone X Financial, Inc., - FCM Division (StoneX) for Energy\nRisk Management Services, without a competitive selection process pursuant to Vernon\nMunicipal Code Sections 3.32.110(B)(2) and (3); and\nB. Approve and authorize the City Administrator to execute Amendment No. 1 to the\nServices Agreement with StoneX, in substantially the same form as submitted, to amend the\nAgreement to modify the scope of work, for a total amount not-to-exceed $21,000.