HomeMy WebLinkAbout000993 Amendment # 000993
AMENDMENT NO 1 TO
PROFESSIONAL SERVICES CONTRACT
BETWEEN
THE CITY OF PORT ANGELES
AND ACE PS, INC.
This Amendment No. 1 to the Professional Service Contract is entered into between the City
of Port Angeles,a municipal corporation of the State of Washington(hereinafter referred to as
"City"), and ACE PS, Inc, (hereinafter referred to as "Contractor").
Section 1.
The City entered the existing Contract with Contractor on November 19,2015(the Contract).
Section 2.
The Contract is amended as follows:
Section 1 of the Contract is amended to read in its entirety:
Scope of Services. Contractor hereby agrees to perform appraisal technical services
for the City. Contractor will review and update the 2014 valuation of the Reid
property located between Tumwater and A Streets and Laurdisen Boulevard in Port
Angeles,Washington. The valuation method will be the sales comparison approach.
The Contractor will also consider and report on the benefits unique to the City in a
hypothetical purchase of the property. The results will be in an appraisal report
format utilizing a summary narrative presentation of the facts and analysis in
accordance with the Uniform Standards for Professional Appraisal Practice(USPAP)
dated January 1, 2014. This City Benefit report will be in a separate document from
the property appraisal report.
The services will take approximately sixty day from notice to proceed until the final
report is delivered. Contractor will deliver three signed copies of the report together
with a PDF document. Additional copies will be available upon request.
Section 4 of the Contract is amended to read in its entirety:
Compensation & Payment.
A. Compensation. As full and complete compensation for work perfonned per
this Contract, City shall pay$3300.
B. Payment. Contractor shall submit an invoice to the City upon completion of
the work described in Exhibit A. The City shall review Contractor's invoice for
payment within 20 days of receipt, and payment shall be made by the City to
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Contractor within 30 days after approval by City.
Section 3
As amended herein, the AGREEMENT as is confirmed and ratified.
In WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1 to the
AGREEMENT as of the date and year first written above.
CITY OF PORT ANGELES CONTRACT-0.
By By
Dan McKeen, City Manager �"Ri— 11s, President
Date: E d Date:
ATTEST:
J fifer kleneklasen, City Clerk
APP VED AS TO F
L/
William E. Bloor, City Attorney
H:Aa AGREEMENTS&CONTRACTS\2015 Agi-mts&Contracts\Wells.Appraisal.PSC.10192015.doc
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