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FIRST AMENDMENT TO <br />AGREEMENT FOR PROFESSIONAL CONSULTANT SERVICES <br />KEYSER MARSTON ASSOCIATES, INC. <br /> <br />THIS FIRST AMENDMENT TO THE AGREEMENT is made and entered into this <br />18th day of Hay , 1999, by and between the Redevelopment Agency for the City of <br />Riverside, a public entity, hereinafter referred to as "Agency," and Keyser Marston Associates, <br />Inc. a corporation, corporate office located at 55 Pacific Avenue Mall, San Francisco, CA 94111 <br />and local office located at 1660 Hotel Circle North, Suite 716, San Diego, CA 92108, <br />hereinafter referred to as "Consultant." <br /> <br />WITNESSETH: <br /> <br /> WHEREAS, on August 25, 1998, Agency and Consultant entered into an <br />agreement (the Agreement) whereby Consultant agreed to provide professional consulting <br />services and advice regarding economic and financial analysis and Estimating Services to <br />Agency for a not to exceed amount of $25,000; and <br /> <br />WHEREAS, Consultant has been paid a total of $21,000 for services rendered; and <br /> <br /> WHEREAS, Consultant and Agency desire to increase the total compensation by an <br />additional $45,000 to an amount not to exceed $70,000 so that Consultant can perform additional <br />services needed by Agency; <br /> <br />NOW, THEREFORE, Agency and Consultant agree as follows: <br /> <br /> 1. Compensation. Exhibit C to the Agreement is amended in its entirety and <br />said amended Exhibit C is attached hereto and incorporated herein by reference. <br /> <br /> 2. Authority. The individuals executing this Agreement and the instruments <br />referenced herein on behalf of Keyser Marston Associates Inc., each represent and warrant that <br />they have the legal power, right and actual authority to bind Keyser Marston Associates Inc. to <br />the terms and conditions hereof and thereof. <br /> <br /> 3. Terms and Conditions. All other terms and conditions of the Agreement <br />between the parties hereto dated August 25, 1998, not amended hereby shall remain in full force <br />and effect. <br /> <br />1 <br /> <br /> <br />