File #: CON 16-47    Version: 1 Name: NACET
Type: Contract Status: Passed
File created: 9/26/2016 In control: City Council Regular Meeting
On agenda: 10/4/2016 Final action: 10/4/2016
Title: The Mayor and City Council shall discuss and possibly take action on approving an Amendment to the Professional Services Agreement with Northern Arizona Technology & Business Incubator, Inc. to be an incubator operator and provide business training. In no event, shall the total compensation under this First Amendment exceed Two Hundred Thousand and 00/100 Dollars ($200,000.00), which includes all taxes and other costs. Section 3 of the Agreement regarding term shall be amended to extend the Initial Term of the Agreement for one (1) additional year, until September 30, 2017. Discussion and Action.
Attachments: 1. Contract

TITLE

The Mayor and City Council shall discuss and possibly take action on approving an Amendment to the Professional Services Agreement with Northern Arizona Technology & Business Incubator, Inc. to be an incubator operator and provide business training. In no event, shall the total compensation under this First Amendment exceed Two Hundred Thousand and 00/100 Dollars ($200,000.00), which includes all taxes and other costs. Section 3 of the Agreement regarding term shall be amended to extend the Initial Term of the Agreement for one (1) additional year, until September 30, 2017.  Discussion and Action.

 

STAFF RECOMMENDATION

Staff recommends approval of the extension of this Professional Services Agreement with Northern Arizona Technology & Business Incubator.