Santa Monica
City Council
Agenda Item B
B. Approval of Second Modification to Agreement with Yardi Systems, Inc. for Real Property and Asset\nManagement Software Licensing and Maintenance\nRecommended Action\nStaff recommends that the City Council:\n1. Adopt a finding of no possibility of significant effect pursuant to Section 15061(b)(3)\n(Common Sense Exemption) of the California Environmental Quality Act (CEQA)\nguidelines; and\n2. Authorize the City Manager to negotiate and execute a second modification to agreement\n#10362 in the amount of $350,000 with Yardi Systems, Inc. for real property and asset\nmanagement software licensing and maintenance services for the Public Works\nDepartment. This would result in a fourteen-year amended agreement with a new total\namount not to exceed $600,000, with future year funding contingent on Council budget\napproval.\nStaff Report Printout\na. September 27, 2016 Staff Report (web link)\nb. February 27, 2018 Staff Report (web link)\nc. Yardi Software Agreement\nd. Yardi First Modification\ne. 3rd Option Renewal Letter\nf. 4th Option Renewal Letter\ng. First Addendum to Agreement\nh. Second Addendum to Agreement\ni. Oaks Initiative Form\nj. Levine Act Disclosure Form