15-0407-Amendment 1- PFM Asset Management LLCFIRST AMENDMENT TO
PERSONAL SERVICES AGREEMENT
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TIMI AG"REEMENT is made, entered into, and shall become effective this day
ofXV\ 2015, by and between the City of San Juan Capistrano (hereinafter referred
to as the "'City") and PFM Asset Management LLC (hereinafter referred to as the
"Consultant").
RECITALS
WHEREAS, City has retained the services of Consultant regarding the City's
proposal for investment management services pursuant to the scope of work included in
the Agreement dated June 4, 2013; and,
WHEREAS, the City and Consultant desire to amend the terms of the Agreement as
provided hereunder.
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NOW THEREFORE, in consideration of the promises and mutual covenants
contained therein, City and Consultant agree to amend the Agreement between City and
Consultant as follows;
Section 2. Term.
This Agreement shall commence on the effective date and shall terminate, and all
services required hereunder shall be completed, no later than June 30, 2016.
Section 3. Compensation.
3.1 Amount.
Total compensation for the services hereunder shall not exceed $40,000 per
fiscal year.
(SIGNATURE PAGE FOLLOWS)
IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
CITY OF SAN JUAN CAPISTRANO
By: R
Derek Reeve, Mayer
PFM ASSET MANAGEMENT LLC
By: ej
AT E
Maria rris, C ity Cie
APPROVED AS TO FORM:
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