HomeMy WebLinkAboutChandler 1st Contract AmendmentFIRST AMENDMENT TO THE AGREEMENT
BY AND BETWEEN
THE CITY OF NATIONAL CITY
AND
CHANDLER ASSET MANAGEMENT, INC.
THIS FIRST AMENDMENT TO THE AGREEMENT, is entered into this 18th day of March,
2014, by and between the CITY OF NATIONAL CITY, a municipal corporation (the "CITY"), and
Chandler Asset Management, Inc., a California Corporation (the "CONSULTANT").
RECITALS
WHEREAS, the CITY and CONSULTANT entered into an Agreement on November 15, 2011,
("the Agreement") wherein the CONSULTANT agreed to provide investment management and
advisory services for the City.
WHEREAS, the Agreement expired on November 15, 2013.
WHEREAS, the City desires to reinstate and extend the Agreement for an additional year to
November 15, 2014.
AGREEMENT
NOW THEREFORE, the CITY and CONSULTANT agree as follows:
1. The Agreement is reinstated as of November 15, 2013;
2. The Agreement is extended for a one-year period from November 16, 2013 through
November 15, 2014; and.
3. The parties agree that each and every term and provision of the Agreement dated November
15, 2011 not specifically amended shall remain in full force and effect.
IN WITNESS THEREOF, the parties hereto have executed this First Amendment to the
Agreement on the date and year first above written.
CITY OF NATIONAL CITY
By:
Ron Morrison, Mayor
APPROVED AS TO FORM:
Claudia G. Silva
City Attorney
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