3.20 24-0368 Subject: (Pay-By-App) System From: Transportation Department Recommendation: Adopt A Resolution (A) Authorizing The City Administrator To Enter Into Professional Services Agreements With (1) Paybyphone US Inc., (2) Passport Inc., (3) Parkmobile LLC, (4) Honkmobile USA LTD., And (5) IPS Group, Inc., For Five Years, In An Amount Not To Exceed Five Hundred Thousand Dollars ($500,000) Each Per Year, For A Total Not To Exceed Two Million Five Hundred Thousand Dollars ($2,500,000) For Each Agreement, With The Authority To Extend Each Agreement For Two Additional One-Year Periods For A Total Of Seven Years At A Total Not To Exceed Cost Of Three Million Five Hundred Thousand Dollars ($3,5000,000) For Each Agreement, To Collect Transaction Fees From Parkers; And (B) Accepting And Appropriating A One Time Payment Of Up To Six Thousand Dollars ($6,000) Each From (1) Paybyphone US Inc., (2) Passport Inc., (3) Parkmobile LLC, (4) Honkmobile USA LTD., And (5) IPS Group, Inc., For A Total Of, Thirty Thousand Dollars ($30,000), And Annual Payments Of Up To Five Thousand Dollars ($5,000) From 1) Paybyphone US Inc., (2) Passport Inc., (3) Parkmobile LLC, (4) Honkmobile Usa LTD., And (5) IPS Group, Inc., For A Total Of Twenty-Five Thousand Dollars ($25,000) Annually For Parking Signage Installation And Maintenance.