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19-197.01 Retail Strategies: Sales Forecasting Tool Retail Recruitment . CONTRACT AMENDMENT TO THE AGREEMENT BETWEEN THE CITY OF SPOKANE VALLEY AND RETAIL STRATEGIES Spokane Valley Contract 19-197.01 For good and valuable consideration,the legal sufficiency of which is hereby acknowledged,City and the Retail Strategies mutually agree as follows: 1.Purpose:This Amendment is for the Contract for work on retail recruitment to further enhance the City's retail offerings, including retail trade area research, quarterly updates, and representation at International Council of Shopping Center conferences.The Contract was executed by the Parties on December 9,2019, and which terminates on December 31,2020. Said contract is referred to as the"Original Contract"and its terms are hereby incorporated by reference. 2.Original Contract Provisions:The Parties agree to continue to abide by those terms and conditions of the Original Contract and any amendments thereto which are not specifically modified by this Amendment. 3. Amendment Provisions: This Amendment is subject to the following amended provisions. All such • amended provisions are hereby incorporated by reference herein and shall control over any conflicting provisions of the Original Contract,including any previous amendments thereto. Exhibit A: Scope of Services,Task C"Retail Recruitment"is hereby amended as follows: 1. Pro-active retail recruitment for targeted zones 2. Will contact a minimum of 30 retailers,restaurants, brokers and/or developers 3. Updates on,new activity will be provided to Client's designated primary point of contact via Basecamp,telephone, and/or email 4 ICSC cvn ,v„vv owPv"entatio pdate ,ido rdi ..to rl, nF chedule 4.Build out a customized Sales Tax Forecasting online tool. The tool will be an interactive online resource with inputs and outputs based on NAICS Code Retail Categories with historical sales trends. Maintenance on the tool will include a seasonal adjustment in Q4 2020 as the Client resource shares updated sales tax records. Task CDeliverable:Sales Tax Forecasting Tool Invoice in the amount of$5,000 upon the receipt of the Sales Forecasting Tool. 4. Compensation Amendment History: This is Amendment #1 of the Original Contract. The history of amendments to the compensation on the Original Contract and all amendments is as follows: Date Compensation Original Contract Amount December 9,2019 $28,000.00 Amendment#1 August 31, 2020 $ 0.00 Total Amended Compensation $28,000.00 1 eis ItJ The parties have executed this Amendment to the Original Contract this 2. day of,e 2020. CITY OF SPOKANE VALLEY: Retail Strateg. A 01( Mark Calhoun By: Robe R Jolly,Jr City Manager Its:CEO APPROVED • . TO FOR : • c t the Attorney 2 ' ® D/Y DATE(MM/DYYY) AE o CERTIFICATE OF LIABILITY INSURANCE 02/03/2020 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER.THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND,EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S),AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED,the policy(les)must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED,subject to the terms and conditions of the policy,certain policies may require an endorsement. A statement on • this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). • PRODUCER CONTACT Kristin Murphy NAME: Petra RMS (AHC No,Ext): (205)354-2700 (A ,No): 2140 11th Ave South E-MAIL kmurphy©Petrarms.com ADDRESS: Suite 400 INSURER(S)AFFORDING COVERAGE NAIC# Birmingham AL 35205 INSURERA: Cincinnati Insurance Company 10677 INSURED INSURER B: •• Retail Specialists,LLC `• INSURER C: . ' •• Retail Strategies,LLC;/RAM-Helena Development Partners LLC INSURER D: . ' 2200 Magnolia Avenue S INSURER E: Birmingham AL 35205 INSURER F: COVERAGES CERTIFICATE NUMBER: 2020 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN,THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. • INSR TYPE OF INSURANCE AUUL SUNK POLICY EFF POLICY EXP INSD wVD POLICY NUMBER (MM/DD/YYYY) (MM/DD/YYYY) LIMITS X COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE $ 1,000,000 DAMAGE-10 RENTED . CLAIMS-MADE n OCCUR . PREMISES(Ea occurrence) $ 300,000 — MED EXP(Any one person) $ 5,000 A Y EPP0567185 02/01/2020 02/01/2021 PERSONAL aADV INJURY $ 1,000,000 GEN'LAGGREGATE LIMITAPPL'IES PER: GENERALAGGREGATE $ 2,000,000 I POLICY n Na n LOC PRODUCTS-COMP/OPAGG $ 2,000,000 OTHER: $ AUTOMOBILE LIABILITY COMBINED SINGLE LIMIT $ 1,000,000 _ (Ea accident) X ANY AUTO BODILY INJURY(Per person) $ B OWNED SCHEDULED EPP0567185 02/01/2020 02/01/2021 BODILY INJURY(Per accident) $ 1_, AUTOS ONLY AUTOS HIRED NON-OWNED PROPERTY DAMAGE $ AUTOS ONLY _ AUTOS ONLY (Per accident) $ X UMBRELLA LUr,B X OCCUR EACH OCCURRENCE $ 10,000,000 B EXCESS[JAB CLAIMS MADE EPP0567185 02/01/2020 02/01/2021 AGGREGATE $ 10,000,000 DED RETENTION $ $ WORKERS COMPENSATION PER OTI-1- AND EMPLOYERS'LIABILITY Y/N STATUTE ER ANY PROPRIETOR/PARTNER/EXECUTIVE n N/A E.L.EACH ACCIDENT $ OFFICER/MEMBER EXCLUDED? (Mandatory In NH) E.L.DISEASE-EA EMPLOYEE $ If yes,describe under DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $ DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES(ACORD 101,Additional Remarks Schedule,may be attached If more space Is required) City of Spokane Valley is named as Additional Insured with respect to General Liability Coverage as required by written contract. CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE . THE EXPIRATION DATE THEREOF,NOTICE WILL BE DELIVERED IN City of Spokane Valley ACCORDANCE WITH THE POLICY PROVISIONS. 11707 E.Sprague,Suite 106 AUTHORIZED REPRESENTATIVE • ' Spokane Valley WA 99206' /'4 O----- •©1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25(2016/03) The ACORD name and logo are registered marks of ACORD