Seal Beach

City Council

March 25, 2024 Item #H

Agenda Item H

H. Approving and Authorizing Amendment No. 1 to the Professional\nServices Agreement with Raftelis Financial Consultants, Inc. for Water\nand Wastewater Financial Planning Services - That the City Council adopt\nResolution 7500: 1. Approving Amendment No. 1 to the Professional Services\nAgreement with Raftelis Financial Consultants, Inc. dated June 23, 2023, to\nprovide additional Water and Wastewater Financial Planning Services;\nincrease compensation for such additional services by $48,352 for a revised\ntotal contract not-to-exceed amount of $135,767; and extend the term to\nDecember 31, 2024; and, 2. Authorizing and directing the City Manager to\nexecute Amendment No. 1 on behalf of the City.