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REV: 02-11-25 MI <br />AMENDMENT NO. 1 TO AGREEMENT FOR SERVICES <br />MuniServices, LLC <br />This Amendment No. 1 (the “Amendment No. 1”) is entered into and effective as <br />of _________ 2025, by and between the City of Redwood City, a charter city and <br />municipal corporation of the State of California (“City”), and MuniServices, a Delaware <br />limited liability company (“Consultant”) (collectively, the “Parties”). <br />RECITALS <br />A. The Parties previously executed that certain Agreement for Services, dated <br />as of February 16, 2022, (the “Original Agreement” or “Agreement”). <br />B. The Parties have negotiated and agreed to the terms and conditions set <br />forth in this Amendment No. 1, including any terms and conditions of the attached Exhibit <br />“A,” incorporated herein by reference. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br />1. Consultant will provide the additional services set forth in Exhibit “A” of this <br />Amendment No. 1, and such services will be considered part of the Services for purposes <br />of the Agreement. <br />2. City will pay Consultant a not-to-exceed amount of Two Hundred Twelve <br />Thousand Five Hundred Dollars ($212,500) for the completion of all the services <br />described in Exhibit “A” of this Amendment No. 1, which sum will include all costs or <br />expenses incurred by Consultant. Including all amendments through Amendment No. 1, <br />the total amount payable under the Agreement will be a not-to-exceed amount of Five <br />Hundred Thirty-Seven Thousand Five Hundred Dollars ($537,500). <br /> <br />3. The term of the Agreement is hereby extended for an additional two year <br />period. Including all extensions through this Amendment No. 1, the total term of the <br />Agreement is five years, expiring on February 15, 2027. <br />4. All other provisions of the Agreement will remain in full force and effect. <br />5. All requisite insurance policies to be maintained by Consultant pursuant to <br />the Agreement will include coverage for this Amendment No. 1. <br />6. The individuals executing this Amendment No. 1 and the instruments <br />referenced in it on behalf of Consultant each represent and warrant that they have the <br />legal power, right and actual authority to bind Consultant to the terms and conditions of <br />this Amendment No. 1. <br />ATTY/AGR.2025/Amend. no.1/MuniServices, LLC (Page 1 of 8) <br />Feb 27th