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TREASURER / TAX COLLECTOR - Treasurer/Tax Collector Parker R. Hunt
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Requested Action(s)
recommendation
a) AGREEMENT - Request approval and authorization for the Chair to sign Amendment No. 11 to the Agreement with Megabyte Property Tax Systems (Misc. Agree. #2015-50 as amended by Misc. Agree. #2016-135, #2017-81, #2018-67, #2019-100, #2020-116, #2021-151, #2022-149, #2023-130, #2023-131, #2024-127) for software maintenance, thereby amending the maximum compensation to not exceed $143,000 and extending the term, effective 7/1/25 and shall terminate 6/30/26 (Subject to receipt of required insurance documentation)
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Financial Impact:
Appropriations for ongoing maintenance will be included in the recommended budget for FY 2025/26 and will be paid out of General Services-Megabyte, account 1073-531702.
Background Information:
The Megabyte Property Tax System agreement calls for an increase in the annual maintenance rate by the Pacific Cities and U.S. City Average Consumer Price Index which was 2.9% for the month ending December 2024.