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AI- 3705   3. K.    
Commissioners Court - Regular
Meeting Date: 09/19/2012  
Amendment to Management Agreement with MPO
Submitted By: Steve Waterman, Commissioners Court Admin
Department: Commissioners Court Admin  

Information
RECOMMENDATION
Approve Second Amendment to Fiscal, Personnel, & Property Management Agreement with the Corpus Christi Transportation Policy Committee related to a CPI adjustment to the annual management fee.
BACKGROUND
DISCUSSION
The annual fixed management fee of $16,515.00 was last adjusted in March 2007.  Applying the CPI adjustment for the period March 2007 through July 2012 results in a $2,229.53 increase in the annual fee.  Effective March 1, 2013 the annual fee will be $18,744.53.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers

Attachments
2nd Amendment to MPO

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