Agmt25HdL Coren & Cone (HdLCC) Amendment No.2

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REV: 01-30-25 MI AMENDMENT NO. 2 TO AGREEMENT FOR PROPERTY TAX REVENUE SERVICES HdL Coren & Cone (HdLCC) This Amendment No. 2 (the “Amendment No. 2”) is entered into and effective as of___________, 2025, by and between the City of Redwood City, a charter city and municipal corporation of the State of California (“City”), and HdL Coren & Cone, a California corporation (“Consultant”) (collectively, the “Parties”). RECITALS A. The Parties previously executed that certain Agreement for Property Tax Revenue Management Services, dated as of January 15, 2021, (the “Original Agreement”). B. The Parties previously executed Amendment No. 1 to the Original Agreement, dated as of January 15, 2024 (“Amendment No. 1”) (the Original Agreement and Amendment No. 1 are collectively known as the “Agreement”). C. The Agreement expired on January 14, 2025. However, the Parties continued to work together to ensure the continuation of services. The Parties now wish to renew the Agreement and authorize payment for services rendered for the period January 15, 2025 through effective date of this Amendment No. 2. D. The Parties have negotiated and agreed to the terms and conditions set forth in this Amendment No. 2, including any terms and conditions of the attached Exhibit “A,” incorporated herein by reference. NOW, THEREFORE, in consideration of these recitals and the mutual covenants contained herein, the Parties agree as follows: 1. Consultant will provide the additional services set forth in Exhibit “A” of this Amendment No. 2, and such services will be considered part of the Services for purposes of the Agreement. 2. City will pay Consultant a not-to-exceed amount of Seventeen Thousand Three Hundred-Twenty Dollars ($17,320) for the completion of all the services described in Exhibit “A” of this Amendment No. 2, which sum will include all costs or expenses incurred by Consultant. Including all amendments through Amendment No. 2, the total amount payable under the Agreement will be a not-to-exceed amount of Eighty Thousand Six Hundred Sixty-Two Dollars ($80,662). 3. Unless terminated earlier, the term of this Amendment No.2 will be for a period of (1) one year from January 15, 2025, through January 14, 2026. Including all amendments, through this Amendment No. 2, the total term of the Agreement is five (5) years , from the Effective Date of the Agreement, expiring on January 14, 2026. ATTY/AGR.2025/Amend. No. 2/HdL Coren & Cone (HdL Coren & Cone) (Page 1 of 7) February 7