South Pasadena

City Council

August 05, 2026 Item #12

Agenda Item 12

12. CONSIDERATION OF APPROVAL OF SECOND AMENDMENT TO THE PROFESSIONAL SERVICES AGREEMENT WITH KEYSER MARSTON ASSOCIATES, INC., FOR ON CALL AS NEEDED FINANCIAL AND REAL ESTATE ADVISORY SERVICES RELATED TO THE 1503-1507 EL CENTRO STREET AFFORDABLE HOUSING PROJECT, IN THE AMOUNT OF $50,000 FOR A NEW TOTAL AGREEMENT AMOUNT OF $80,000 4 Recommendation It is recommended that the City Council consider approval of the proposed Second Amendment to the Professional Services Agreement with Keyser Marston Associates, Inc., for financial and real estate advisory services related to the 1503-1507 El Centro Street affordable housing project, in the amount of $50,000, for a new total not to exceed amount of $80,000.