PROFESSIONAL_SERVICESAMENDED

City of Monterey Park Staff Report Third Amendment to Agreement with HDL Coren & Cone for Property Tax Consultation Services 2026-05-20

Monterey Park Extends HDL Coren & Cone Property Tax Contract

$130,000 (additional), not to exceed $447,500 (total)City of Monterey ParkHDL COREN & CONEMay 20, 2026

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Description

The City of Monterey Park approved a third amendment to the agreement with HDL Coren & Cone to continue property tax consultation services. The contract is extended through June 30, 2031, adding $130,000 in compensation for a not-to-exceed total of $447,500.

Contract Details

Contract Amount

$130,000 (additional), not to exceed $447,500 (total)

Vendor

HDL COREN & CONE

Agency

City of Monterey Park, CA

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 20, 2026

Contract Term

July 1, 2026 – June 30, 2031

Renewal Date

2031-06-30

Renewal Info

Third amendment extends agreement by five years, increasing total contract amount to $447,500. Previous amendments added services and extended prior contract terms.

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