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Contract - Davis Farr LLP - 2017-11-30 FIRST AMENDMENT TO AGREEMENT FOR CONSULTING SERVICES Davis Farr, LLP This First Amendment to Agreement is made and effective as of November_, 2017, and retroactive as of July 1, 2017 between the Costa Mesa Sanitary District, a sanitary district ("DISTRICT"), and Davis Farr LLP, a limited liability partnership ("CONSULTANT"). In consideration of the mutual covenants and conditions set forth herein, the parties agree as follows: Recitals WHEREAS, on June 1, 2015 the DISTRICT and CONSULTANT entered into an Agreement for Treasurer and other financial services; and WHEREAS, on April 17, 2017 CONSULTANT submitted a request for hourly rate increases for the services to be rendered; and WHEREAS, the CONSULTANT's request was approved during the Fiscal Year 2017-18 & 2018-19 adopted budget cycle; and WHEREAS, on October 25, 2017, the DISTRICT Board of Directors officially approved CONSULTANT'S request for an hourly rate increase; and WHEREAS, the hourly rate increase will be retroactive as of July 1, 2017; and WHEREAS, the DISTRICT and CONSULTANT now desire to amend the Agreement to increase CONSULTANT'S hourly rates for Treasurer and other financial services. NOW, THEREFORE, the parties hereto agree as follows: 1. Section 5(a) is hereby removed and replaced with the following: "DISTRICT agrees to pay CONSULTANT for providing District Treasurer and, on occasion, other financial services at the following hourly rates. These hourly rates are inclusive of travel to District facilities. Name Classification Hourly Rate Marc Davis Partner $126.00 Jacque Rogers Senior $ 90.00 2. The term of the First Amendment shall become retroactive and effective on July 1, 2017. 3. Except as specifically amended by the terms of this First Agreement, all provisions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed this day and year first above written. COSTA MESA SANITARY DISTRICT DAVIS FARR LLP J Mike,cheafer, Presid: nt arcus D. Davis, Partner I 011911(112' C J(\••4t)) Arlene Schafer, Secretary ATTEST: ifftfLI i stric CI-rk APPROVED TO FORM: 64L14 4 f-e District Counsel I