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HomeMy WebLinkAboutAddenda - CONTRACT - ADDENDUM TO CONFIDENTIALITYADDENDUM TO CONFIDENTIALITY AGREEMENT This Addendum is made and entered into by and between the City of Fort Collins, Colorado, a municipal corporation (the "City") and Bondi and Company, LLP, (the "Professional"). WHEREAS, the City and the Professional entered into a Professional Services Agreement dated December 5, 2003, (the "Agreement") under which the Professional agreed to provide certain services to the City in accordance with the scope of services attached thereto as Exhibit "A"; and WHEREAS, in the course of rendering such services, the Professional has requested access to documentation in the possession of the City pertaining to the resignation of Alan J. Krcmarik ("Krcmarik") as Financial Officer of the City (the "Documentation"); and WHEREAS, the Professional has represented to the City that, unless the Documentation is provided to him, he will be unable to adequately perform the services required under the Agreement and will be ethically bound to render a qualified opinion regarding the financial condition of the City, which opinion could seriously jeopardize the City's ability to obtain future financing; and WHEREAS, the Agreement contains a confidentiality provision, attached thereto as Exhibit "C", which remains in full force and effect; and WHEREAS, the City has notified Krcmarik of the Professional's request and has also notified Krcmarik that, absent the order of a court of competent jurisdiction prohibiting the release of the Documentation, the City intends to release the same to the Professional no later than June 24, 2005; and WHEREAS, because of the sensitive nature of the documentation requested by the Professional and, without limiting the generality of the above -referenced confidentiality provision, the parties hereto wish to specifically address the manner in which the Documentation and the information contained therein will be maintained and used by the Professional. NOW, THEREFORE, in consideration of the mutual covenants and obligations expressed herein and in the Agreement, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged by the parties, it is agreed by and between the parties hereto as follows: l . Absent the order of a court of competent jurisdiction to the contrary, the City will, as of June 27, 2005, permit the Professional to inspect and copy all such documentation in the possession of the City that is related to Krcmarik's resignation as the Professional may deem necessary to perform the services required under the Agreement. 2. The Professional hereby agrees to maintain the confidentiality of such documentation and to use the same solely for the purposes of conducting a thorough examination of all funds and accounts of the City pursuant to Article II, Section 5 of the City Charter and as provided in the Agreement to such extent as the Professional may reasonably deem necessary in order to render an unqualified opinion to the City regarding the matters to be addressed by the Professional under the Agreement. In no event will the Professional refer to Krcmarik by name or recite any specific facts or other information contained in the. Documentation either in the Professional's opinion to the City or in any other document that may be available for public inspection under the provisions of the Colorado Open Records Act as set forth in Title 24, Article 72, Part 2 of the Colorado Revised Statutes. V041 " s. ty Clerk API' 6 VED M AS TO F R: ity ttorney CITY OF FORT COLLINS, COLO O a municipal corporation By: Atteber y, City M ger Dated: June 28, 2005 BONDI D COMPANY LLP. By: J&e�I1Gt� N 'ZimW and ritle