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<br />ORIGINAL <br /> <br />AMENDMENT NO. TWO TO EXTEND THE AGREEMENT FOR <br />AUDITING SERVICES <br />(Caporicci & Larson) <br /> <br />/f' This Amendment No. Two is entered into and effective as of the /6r4 day of <br />t/ar0.6a!J , 2007, extending and amending the agreement dated April 9, 2003 <br />(the "Agreement") by and between the City of Redwood City, a charter city and <br />municipal corporation of the State of California ("City"), and Caporicci & Larson, an <br />accountancy partnership ("Consultant") (collectively, the "Parties"). <br /> <br />RECITALS <br /> <br />A. On June 20, 2005, the Parties executed Amendment No. 1 to the <br />Agreement to extend and fund the Agreement; and <br /> <br />B. The Parties desire to extend and fund the Agreement for an additional <br />period of four (4) years; and <br /> <br />C. The Parties desire to alter the Agreement's scope of work to provide for <br />audit services for the years ending June 30, 2008 through 2011; and <br /> <br />D. The Parties have negotiated and agreed to a supplemental scope of work <br />and fee schedule, which is attached to and incorporated in by this reference as Exhibit <br /> <br />"A." <br /> <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br /> <br />1. In addition to those services contained in the Agreement, as may have <br />been amended from time to time, Consultant will provide those services described in <br />Exhibit "A." City will pay Consultant for all work associated with those services <br />described in Exhibit "A" on a time and materials basis not-to-exceed One Hundred <br />Ninety Eight Thousand Seven Hundred Five Dollars ($198,705). Consultant will provide <br />City, on a monthly basis, copies of invoices sufficiently detailed to include hours <br />performed, hourly rates, and related activities and costs for approval by City. <br /> <br />2. With this Amendment, the aggregate Agreement amount shall not exceed <br />Three Hundred Ninety One Thousand Eight Hundred Five Dollars ($391,805). <br /> <br />3. All other provisions of the Agreement, as may have been amended from <br />time to time, shall remain in full force and effect. <br /> <br />4. All requisite insurance policies to be maintained by the Consultant <br />pursuant to the Agreement, as may have been amended from time to time, shall include <br />coverage for this Amendment. <br /> <br />Atty/Agr/2007/Amend/Caporicci & Larson.02 <br />090507 <br />