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Res89 11078
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Res89 11078
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Last modified
10/11/2019 1:51:53 PM
Creation date
10/11/2019 1:51:53 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
7/10/1989
Description
RES 0 L UTI 0 N 11 078 JUl1\Q1989 N o. RESOLUTION APPROVING AND AUTHORIZING EXECUTION OF THIRD AMENDMENT TO AGREEMENT FOR ACCOUNTING AND FINANCIAL SERVICES (SOUTH BAYSIDE SYSTEM AUTHORITY) BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD CITY, AS FOLLOWS: That certain agreement entitled "Third Amendment to Agreement Accounting and Financial Services" (form dated 06/14/89R) by and between the City of Redwood City, a municipal corporation of the State of California and the South Bayside System Authority, a public entity, amending certain provisions of
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<br />eX h i bit II A 11 <br /> <br />DES:djk <br />DES .lg <br /> <br />06/12/89 (#37) <br />06/14/89R <br /> <br />THIRD AMENDMENT TO AGREEMENT <br /> <br />ACCOUNTING AND FINANCIAL SERVICES <br /> <br />THIS AMENDMENT TO AGREEMENT, made this <br /> <br />day of <br /> <br />1989 by and between the SOUTH BAYSIDE SYSTEM <br /> <br />AUTHORITY, a public entity, (" SBSA") and the CITY OF REDWOOD <br /> <br />CITY, a municipal corporation of the State of California, <br /> <br />("City"); <br /> <br />WIT N E SSE T H : <br /> <br />WHEREAS, the parties hereto entered into an agreement on <br /> <br />January 8, 1987 (the "Basic Agreement"), pursuant to which City <br /> <br />has performed certain professional accounting and financial <br /> <br />services for SBSA; and <br /> <br />WHEREAS, pursuant to paragraph 4 of the aforesaid Agreement, <br /> <br />the parties renewed and extended the term and revised the <br /> <br />compensation payable under said Agreement pursuant to an <br /> <br />Amendment thereto dated June 16, 1987 ("The First Amendment"), <br /> <br />and an Agreement dated June 22, 1988 ( "The Second Amendment"); <br /> <br />and <br /> <br />WHEREAS, the parties hereto desire to renew and extend the <br /> <br />term hereof and provide for revision to compensation payable <br /> <br />hereunder for the period July 1, 1989 - June 30, 1990; <br /> <br />NOW, THEREFORE, the parties hereto agree as follows: <br /> <br />1. Paragraph 2 of the Basic Agreement is hereby amended to <br /> <br />read as follows: <br /> <br />"2. COMPENSATION. SBSA shall compensate City in the <br /> <br />amount of Forty Seven Thousand Six Hundred Forty and No/I00 <br /> <br />Dollars ($47,640.00) per year, of which Seven Thousand Two <br />Hundred and No/I00 Dollars ($7,200.00) shall be designated <br /> <br />11078 <br />
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