City Council

Item 53:\nExtension of Software License and Maintenance Agreement with BMI Associates,\nInc. for management of the San Diego Region Revolving Loan Fund.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThis First Amendment to the agreement extends the term by an additional one (1) year,\nwith the option to extend up to one (1) year and will increase the not-to-exceed (NTE)\namount by $30,000.00, for a total NTE of $120,000.00, over the term of the contract.\nFunds will come from the San Diego Region Revolving Loan Fund City Match.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\nAdopt the following Ordinance which was introduced on 4/6/2026, Item S400, (Council\nvoted 8-0, Council President Pro Tem Lee-not present):\n(O-2026-107)\nOrdinance approving a first amendment to a software and license and maintenance\nagreement with BMI Associates, Inc. to extend the agreement for management of the San\nDiego Region Revolving Loan Fund.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken: N/A\nEconomic Development: Christina Bibler, (619) 236-6421\nCity Attorney Contact: Marguerite Ella Middaugh