Palos Verdes Estates
City Council
Agenda Item 4
4. APPROVE FIRST AMENDMENT TO THE CONTRACT FOR\nPROFESSIONAL SERVICES BETWEEN THE CITY OF PALOS\nVERDES ESTATES AND MV CHENG & ASSOCIATES TO PROVIDE\nSTAFFING FOR THE FINANCE DEPARTMENT FOR FISCAL YEAR\n2023-2024.\nRecommendation: That the City Council authorize the City\nManager to sign the First Amendment to the Contract for\nProfessional Services between the City of Palos Verdes Estates\nand MV Cheng & Associates in order to: (1) Extend the term of\nthe agreement by two years to June 30, 2025; and (2) For Fiscal\nYear 2023-2024, increase the not-to-exceed amount from $70,000\nto $97,000.\nStaff Report