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2025-27 Signature Sculpture - LQ Art Preservation Amendment 1MEMORANDUM DATE: March 27, 2025 TO: Jon McMillen, City Manager FROM: Michael Calderon, Senior Management Analyst ,Ca Qa�&a CALIFORNIA RE: Amendment No. 1 - Signature Sculpture - art maintenance and repair services Please list the Contracting Party / Vendor Name, any change orders or amendments, and the type of services to be provided. Make sure to list any related Project No. and Project Name. Authority to execute this agreement is based upon: ❑✓ Approved by City Council on July 19, 2022 Consent 18 ❑ City Manager's signing authority provided under the City's Purchasing & Contracting Policy [Resolution No. 2023-008] for budget expenditures of $50,000 or less. R .❑ .❑ NOTE. City Manager's signing authority provided under the City's Personnel Policy Section 3.2 for temporary employment positions. Department Director's or Manager's signing authority provided under the City's Purchasing Policy [Resolution No. 2023-008] for budget expenditures of $15,000 and $5,000, respectively, or less. Procurement Method (one must apply): Bid W] RFP ❑ RFQ ❑ 3 written informal bids Sole Source ❑ Select Source ❑ Cooperative Procurement Requesting department shall check and attach the items below as appropriate, Agreement payment will be charged to Account No.: 270-0000-74800 Agreement term: Start Date July 1, 2022 Amount of Agreement, Amendment, Change Order, etc End Date June 30, 2027 $ 60,000 (per fiscal year) z. Signing authorities listed above are applicable on the acrgregate Agreement amount, not individual Amendments or Change Orders! Insurance certificates as required by the Agreement for Risk Manager approval Approved by: Oscar Mojica Date: 3/28/2025 Bonds (originals) as required by the Agreement (Performance, Payment, etc.) Conflict of Interest Form 700 Statement of Economic Interests from Consultant(s) Review the "Form 700 Disclosure for Consultants" guidance to determine if a Form 700 is required pursuant FPPC regulation 18701(2) Business License No. LIC-768635 Expires: 2/28/2025 Requisition for a Purchase Order has been prepared (Agreements over $5,000) — — — — — — -- AMENDMENT NO. 1 TO AGREEMENT FOR CONTRACT SERVICES WITH SIGNATURE SCULPTURE LLC. This Amendment No. 1 ("Amendment 1") to Agreement for Contract Services ("Agreement") is made and entered into as of the 15 day of April 2025, ("Effective Date") by and between the CITY OF LA QUINTA ("City"), a California municipal corporation and SIGNATURE SCULPTURE LLC. ("Contracting Party"). RECITALS WHEREAS, on or about July 27, 2022, the City and Contracting Party entered into an Agreement to provide services related to art maintenance, repair, and preventative care, for a total not to exceed amount of $60,000 per year, encompassing the initial and any extended terms of the Agreement. The term of the Agreement expires on June 30, 2025 ("Initial Term"); and WHEREAS, pursuant to Section 3.4 Term, the City and Contracting Party mutually agree to extend the term of the agreement for two additional years from June 30, 2025, through June 30, 2027 ("Extended Term"); and WHEREAS, The City and Contracting Party mutually agree to amend Section 2.1 Contract Sum and Exhibit B — Schedule of Compensation of the Agreement removing the 3.5% annual increase in compensation for the Extended Term. NOW THEREFORE, in consideration of the mutual covenant herein contained, the parties agree as follows: AMENDMENT In consideration of the foregoing Recitals and the covenants and promises hereinafter contained, and for good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the parties hereto agree as follows: 1. Section 2.1 Contract Sum is amended to read as follows: 2.1 — Contract Sum. For the Services rendered pursuant to this Agreement, Contracting Party shall be compensated in accordance with "Exhibit B" (the "Schedule of Compensation") in a total amount not to exceed Sixty Thousand Dollars ($60,000) per fiscal year, encompassing the initial and any extended terms (the "Contract Sum"), except as provided in Section 1.7.The method of compensation set forth in the Schedule of Compensation may include a lump sum payment upon completion, payment in accordance with the percentage of completion of the Services, payment for time and materials based upon Contracting Party's rate schedule, but not exceeding the Contract Sum, or such other reasonable methods as may be specified in the Schedule of Compensation. The Contract Sum shall include the attendance of Contracting Party at all project meetings reasonably deemed necessary by City; Contracting Party shall not be entitled to any additional compensation for attending said meetings. 2. Exhibit B — Schedule of Compensation is amended as listed in "Exhibit B", attached hereto and incorporated by this reference. 3. Section 3.4 Term is amended to read as follows: 3.4 — Term. Unless earlier terminated in accordance with the provisions in Article 8.0 of this Agreement, the term of this agreement shall commence on July 1, 2022, and terminate on June 30, 2025 ("Initial Term"). This Agreement is being extended for two (2) additional year(s) from July 1, 2025 through June 30, 2027 ("Extended Term"). This Agreement may not be extended any further. In all other respects, the original Agreement shall remain in effect. IN WITNESS WHEREOF, the City and Contracting Party have executed this Amendment No. 1 to the Agreement on the respective dates set forth below. CITY OF LA QUINTA a California municipal corporation L P cMILLEN, City Manager City of La Quinta, California Dated: 4 111 Z ATTEST: MONIKA RADEVA, C(iy Clerk City of La Quinta, California APPROVED AS TO FORM: WILLIAM H. IHRKE, City Attorney City of La Quinta, California SIGNATURE SCULPTURE a California LLC. BRETT FIORE, President Signature Sculpture, LLC. Dated: 03/25/25 Exhibit B Schedule of Compensation With the exception of compensation for Additional Services, provided for in Section 2.3 of this Agreement, the maximum total compensation to be paid to Contracting Party under this Agreement is not to exceed Sixty Thousand Dollars ($60,000) per fiscal year, encompassing the initial and any extended terms (the "Contract Sum"), except as provided in Section 1.7. The Contract Sum shall be paid for the work tasks performed and properly invoiced by Contracting Party in conformance with Section 2.2 of this Agreement in four (4) installment payments per year, as per the payment schedule listed below. Anticipated Payment Schedule: Fiscal Year Installment Payment Schedule: Due July Due October Due February Due April Annual Total 2022-23 $12,665.75 $12,665.75 $12,665.75 $12,665.75 $50,663 2023-24 (includes 3.5% increase) $13,109.00 $13,109.00 $13,109.00 $13,109.00 $52,436 2024-25 (includes 3.5% increase) 13 567.75 13,567.75 13,567.75 13,567.75 $54,271 Optional Extended Term: 2025-26 13,567.75 13,567.75 13,567.75 13,567.75 $54,271 2026-27 13,567.75 13,567.75 13,567.75 13,567.75 $54,271