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<br />Page 3 <br /> <br />2. <br /> <br />Prepare a written report to the City and the City's attorney with <br />regard to a proposal to LCRA to settle the 138 kV billing benefit <br />issues; <br /> <br />3. <br /> <br />Assist the City's attorney <br />proposal to LCRA; and <br /> <br />in <br /> <br />the <br /> <br />preparation <br /> <br />of a written <br /> <br />4. <br /> <br />Meet with LCRA to present and negotiate a settlement of the <br />kV billing benefit issue. <br /> <br />138 <br /> <br />For services furnished, the Client will pay the Consultant at <br />Consultant's offices in Orange County, Florida, upon submission of <br />monthly inv~ice~, an amount equal to the actual hours of services <br />furnished by Executive Consultants multiplied by $90.00 per hour, <br />Senior Consultants multiplied by $70.00 per hour, and Consultants <br />multiplied by $50.00 per hour. The Client will also reimburse <br />Consultant monthly for copy costs, transportation to and from <br />Consultant's city and state and locally in Client's location, lodging, <br />meal costs and communications. The monthly invoice shall be due and <br />payable within fifteen (15) days from receipt of invoice. All balances <br />not paid within thirty (30) days from the date of statement shall bear <br />interest at the highest rat~ allowed by law. <br /> <br />This agreement may be terminated by either party by ten (10) days' <br />notice to the other party. Upon termination, any monies due for work <br />already completed will be paid upon delivery of such work product or <br />products to the City. <br /> <br />Please indicate your agreement to so perform these services for the <br />City of San Marcos by signing below and returning this letter agreement <br />to the City, retaining a copy for your files. <br /> <br />Very truly yours, <br /> <br />CITY OF SAN MARCOS <br /> <br />tff:~~ j I!f4 <br />By: Lar- D. Gi1~ <br />Ci ty Manager <br /> <br />