Monterey Park
City Council
Agenda Item C
10.C. Services Agreement First Amendment to Fifth Asset Inc, DBA Debtbook for Debt,\nCash and Investment Management Software and Services\nIt is recommended that the City Council consider:\n1. Authorizing the City Manager to execute a First Amendment to Agreement No. 2369-\nAI with Fifth Asset Inc., DBA Debtbook, in a form approved by the City Attorney. This\nfirst amendment will permit Fifth Asset Inc. to continue to provide the City with debt,\ncash and investment management software and services from May 20, 2026,\nthrough May 19, 2029, and increase the not-to-exceed amount to $80,500 for the\nterm of the Agreement; and\n2. Taking such additional, related, action that may be desirable.