City Council

16. Consider Approval of Amendment No. 2 to the Maintenance Services Agreement (MSA) With Yunex LLC for Traffic Signal and Street Light Maintenance Services Staff recommends that Council: 1. Approve Amendment No. 2 to the Maintenance Services Contract with Yunex for Traffic Signal and Street Light Maintenance Services, extending the term contract for an additional two (2) years and adjusting rates by 5% for Fiscal Year 2023-24 and 2.5% for Fiscal Year 2024-25 due to CPI increase; and, 2. Approve an increase to the annual not-to-exceed contract amount from $100,000 to $105,000 due to the CPI increase; and 3. Authorize the Mayor and City Clerk to execute Amendment No. 2; and, 4. Authorize the Finance Director to make necessary budget adjustments per the increase of rates to allow payments approved FY 2023-24. PUBLIC HEARING