JOINT CITY COUNCIL AND SUCCESSOR AGENCY BOARD AGENDA ITEM: (1) Waiver of Formal Bidding Procedures; and (2) Approval of a Fourth Amendment to the Agreement with Modern Parking Inc. for Parking Management Services Extending the Term of the Agreement to January 31 2016 at the Cardiff Ince and Watseka Parking Structures and at the Venice and Virginia Parking Lots in an Amount Not to Exceed $415 656. City of Culver City California Agenda Item Report Meeting Date: 06/08/2015 JOINT CITY COUNCIL AND SUCCESSOR AGENCY BOARD AGENDA ITEM: (1) Waiver of Formal Bidding Procedures; and (2) Approval of a Fourth Amendment to the Agreement with Modern Parking Inc. for Parking Management Services Extending the Term of the Agreement to January 31 2016 at the Cardiff Ince and Watseka Parking Structures and at the Venice and Virginia Parking Lots in an Amount Not to Exceed $415 656. Contact Person/Dept.: Todd Tipton/ CDD Fiscal Impact: Yes X No Phone Number: (310) 253 5783 General Fund: Yes X No Item Number: JC 4 Public Hearing: Action Item: Attachments: Commission Action Required: Yes No X Date: _______________ Public Notification: (E Mail) Meetings and Agendas City Council (06/03/15); Meetings and Agendas Successor Agency (06/03/15); (E Mail) Modern Parking Inc. Downtown Business Association and Chamber of Commerce on (05/28/15). Department Approval: Sol Blumenfeld (06/02/15) Chief Financial Officer Approval: Jeff Muir: (06/03/15) City Attorney/Authority Counsel Approval: Carol Schwab (by H. Baker) (06/02/15) City Manager/Executive Director Approval: John M. Nachbar (06/03/15) RECOMMENDATION: Staff recommends the City Council and the Successor Agency to the Culver City Redevelopment Agency Board (Successor Agency Board) (1) waive formal bidding procedures; and (2) approve a Fourth Amendment to the existing Agreement with Modern Parking Inc. (Modern) for parking management services extending the term of the Agreement to January 31 2016 at the Cardiff Ince and Watseka parking structures...
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