Rancho Palos Verdes
City Council
D. Consideration and possible action to approve Amendment No. 1 to the
Professional Services Agreement with Kosmont Financial Services (KFS) for
municipal advisory and financial consulting services. (Ramos)
Recommendation: (1) Approve Amendment No. 1 to the original Professional
Services Agreement with KFS in the amount of $50,000, thereby increasing
the agreement amount from $25,000 to $75,000 for a one-year term
concluding on June 29, 2024; and, (2) Authorize the Mayor and City Clerk to
execute the amendment in a form approved by the City Attorney.
Agenda Report