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CC:SA - Approval of a Fifth Amendment to the Agreement with Modern Parking, Inc. for Parking Management Services at the Cardiff, Ince, and Watseka Parking Structures and at the Venice and Virginia Parking Lots to (1) Extend the Term of the Agreement for an Additional Three Months to April 30, 2016, (2) Authorize the City Manager/Executive Director to Approve Additional Extensions Beyond April 30, 2016 on a Month-to-Month Basis, not to Exceed an Additional Six Months; and (3) Increase the Not-to-Exceed Amount by an Additional $668,295.90.
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Contact Person/Dept.: Todd Tipton/ CDD
John Fisanotti/CDD
Phone Number: (310) 253-5783
(310) 253-5768
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Public Hearing: [] Action Item: [] Attachments: Yes [] No [X]
Commission Action Required: Yes [] No [X] Date:
Commission Name:
Public Notification: City Council (01/20/16); (Telephone and E-Mail) Modern Parking Inc., (12/17/15); (E-Mail) Downtown Business Association, and Chamber of Commerce on (01/20/16).
Department Approval: Sol Blumenfeld, Director of Community Development
(01/19/16)
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RECOMMENDATION:
Staff recommends the City Council and the Successor Agency to the Culver City Redevelopment Agency Board (Successor Agency Board) approve a Fifth Amendment to the Agreement with Modern Parking, Inc. (Modern) for parking management services at the Cardiff, Ince, and Watseka parking structures and the Venice and Virginia parking lots to (1) extend the term of the Agreement for an additional three months to April 30, 2016, (2) authorize the City Manager/Executive Director to approve additional extensions beyond April 30, 2016 on a month-to-month basis, not to exceed an additional six months; and (3) increase the not-to-exceed amount by an additional $668,295.90.
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