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2023/07/20 Kosmont and Associates, Inc. DBA Kostmont Companies Amendment No. 1 to Professional Services Agreement Financial Feasability and Economic Development Advisory Services to Stimulate Retail and Entertainment Developments1 AMENDMENT NO. 1 TO PROFESSIONAL SERVICES AGREEMENT FINANCIAL FEASABLITY AND ECONOMIC DEVELOPMENT ADVISORY SERVICES TO STIMULATE RETAIL AND ENTERTAINMENT DEVELOPMENTS This is Amendment No. 1 (“Amendment No. 1”) to that certain Professional Services Agreement (“Agreement”) made on _February 11, 2023_ between the City of Menifee (“City”) and KOSMONT & ASSOCIATES, INC. DBA KOSMONT COMPANIES (“Consultant”) for FINANCIAL FEASABLITY AND ECONOMIC DEVELOPMENT ADVISORY SERVICES TO STIMULATE RETAIL AND ENTERTAINMENT DEVELOPMENTS which this Amendment No. 1 is made and entered into on ______________, 2023 to extend the term of the agreement as indicated below: 1. Capitalized terms used but not defined in this Amendment No. 1 shall have the meanings ascribed to them in the Agreement. 2. Section 1.1, “Term of Services” is amended to read as follows: 1.1 Term of Services. The term of this Agreement shall begin on the Feburary 1, 2023 and shall end on August 31, 2023 unless the term of the Agreement is otherwise terminated or extended as provided for in Section 8. The time provided to Consultant to complete the services required by this Agreement shall not affect the City's right to terminate the Agreement, as provided for in Section 8. 3. All other terms and conditions of the Agreement remain in full force and effect. 4. This Amendment No. 1 may be executed in multiple counterparts, each of which shall be an original and all of which together shall constitute one agreement. (Signatures on Following Page) DocuSign Envelope ID: 6A960E2B-9307-4097-8DA0-9830F964121ADocuSign Envelope ID: 6EBA2375-20BC-4856-8C9A-0D9E2328D080 July 20 2 Professional Services Amendment No. 1 with KOSMONT & ASSOCIATES, INC. DBA KOSMONT COMPANIES CITY OF MENIFEE KOSMONT & ASSOCIATES, INC. DBA KOSMONT COMPANIES _______________________________ _______________________________ Armando G. Villa, City Manager Larry J. Kosmont, Chairman and CEO Attest: ________________________________ Kelly Aguilar, Secretary _______________________________ Kay Vinson, City Clerk Approved as to Form: _______________________________ Jeffrey T. Melching, City Attorney DocuSign Envelope ID: 6A960E2B-9307-4097-8DA0-9830F964121ADocuSign Envelope ID: 6EBA2375-20BC-4856-8C9A-0D9E2328D080