16. (Recommended by Chief Administrative Officer – Technology and Security Services) (Approved by General Manager) Approval of Amendment No. 8 to Agreement No. 47553-7 for software subscription and support, and monthly license charge software with International Business Machines Corporation. This Amendment will increase the contract term by five years and increase the contract amount by $27,219,000. Determine item is exempt pursuant to CEQA Guidelines Section 15060(c)(3). City Council approval is required.