El Monte
City Council
Agenda Item 3
12.3 Approval of a Third Amendment to the Professional Services Agreement with Ramona\nProperty Managers, Inc. to Provide On-Call Property Management Services for the M\nMotel Homekey Program Site.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Approve a Third Amendment to the Professional Services Agreement with Ramona\nProperty Managers, Inc. to extend the Agreement term through December 31, 2023 and\nincrease the Agreement amount from $85,300 by an additional $59,750 for a total not-to-\nexceed amount of $145,050 to provide on-call property management services for the M\nMotel Homekey Program Site; and\n2. Authorize the City Manager, or her designee, to make all conforming modifications and\nedits and execute all implementing documents.\nTotal Cost: $59,750 Account No: 242-65-047-6111\nIs the cost of this item budgeted? Yes Homekey ARPA