PENNCREDIT (2) - 2017 - Laserfiche WebLink

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A-2017-122 FIRST AMENDMENT TO AGREEMENT THIS FIRST AMENDMENT TO AGREEMENT, made and entered into this W" day of May, 2017 by and between Penn Credit Corporation, a Pennsylvania corporation (hereinafter "Consultant'), and the City of Santa Ana, a charter city and municipal corporation ® organized and existing under the Constitution and laws of the State of California (hereinafter rc d.W u 2C M"City„) J dAJ L — Q BIZ& CI`FALS: A. The parties entered into that certain Agreement (#A-2014446), dated June 17, 0 2014 (hereinafter "said Agreement”) by which Consultant having special skill and fx: �. cr iii knowledge in the 'Field of debt collection agreed to perfarrn such services to the City for J r debts owed to the City and placed for collection commencing July 1, 2014, by which Consultant has provided debt collection services to the City. B. The Term of said Agreement was three (3) years effective as of July 1, 2014 and ending June 30, 2017. C. The parties wish to amend the Term of said Agreement to provide for an additional two (2) year period beginning July t, 2017 and ending June 30, 2019. D, The parties also wish to amend the Scope of Services with respect to the types of debt for which the Consultant shall provide collections services to the City to include only -permissible debts" as set 'forth in the Federal Fair Credit Reporting Act (FCRA) guidelines effective September 1, 2016. E. The parties also wish to amend the Compensation set forth in the Scope of Services for the extended Term. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: The parties hereto now desire to amend Section 1, subsection (,A) of said Agreement, "SCOPE OF SERVICES" as follows: a. Define the term "overdue miscellaneous accounts receivable billings" to include only "permissible debts" as set forth in the Federal Fair Credit Reporting Act (FCRA) guidelines in effect beginning September 1, 2016. b. Add a pats' 1 S to Section 1, subsection (A) of said Agreement requiring Consultant to discontinue reporting of "prohibited debts" as set forth in the FORA for any overdue miscellaneous accounts receivable billings placed for collection with Consultant by City between July 1, 2014 and June 30, 2017, and reported by Consultant to a credit reporting agency alter August 31, 2016.