Laserfiche WebLink
INTERLOCAL AGREEMENT <br />FOR <br />COOPERATIVE PURCHASING <br />FOR <br />ACTUARIAL SHARED SERVICES <br />THIS INTERLOCAL AGREEMENT ("Agreement"), made and entered into pursuant to the Texas Interlocal <br />Cooperation Act, Chapter 791, Texas Government Code (the "Act"), by and between the North Central Texas Council of <br />Governments, hereinafter referred to as "NCTCOG," having its principal place of business at 616 Six Flags Drive, <br />Arlington, Texas 76011, and (name of entity) The City of San Marcos, Texas a local government, created and operated to <br />provide one or more governmental functions and services, hereinafter referred to as "Participant," having its principal <br />place of business at: 630 E. Hopkins St., San Marcos, Texas 78666. . <br />WITNE5ETH <br />WHEREAS, NCTCOG is a regional planning commission and political subdivision of the State of Texas operating <br />under Chapter 391, Texas Local Government Code; and <br />WHEREAS, pursuant to the Act, NCTCOG is authorized to contract with eligible entities to perform governmental <br />functions and services, including the development of a standard approach for acquiring actuarial services; and <br />WHEREAS, in reliance on such authority, NCTCOG has a cooperative purchasing program under which it contracts <br />with eligible entities under the Act; and <br />WHEREAS, Participant has represented that it is an eligible entity under the Act, that by Administrative Action has <br />authorized this Agreement on November 20, 2007 and that it desires to contract with NCTCOG on the terms set forth <br />below; <br />NOW, THEREFORE, NCTCOG and the PARTICIPANT do hereby agree as follows: <br />ARTICLE I:,,~EGAL AUTHORITY <br />The Participant represents and warrants to NCTCOG that (I) it is eligible to contract with NCTCOG under the Act <br />because its a local government, as defined in the Act, and (Z) it possesses adequate legal authority to enter into this <br />Contract. <br />ARTICLE 2: APPLICABLE LAWS <br />NCTCOG and the Participant agree to conduct all activities under this Agreement in accordance with all applicable rules, <br />regulations, and ordinances and laws in effect or promulgated during the term of this Agreement. <br />ARTICLE 3: WHOLE AGREEMENT <br />This Agreement and any attachments, as provided herein, constitute the complete contract between the pazties hereto, and <br />supersede any and all oral and written agreements between the parties relating to matters herein. <br />ARTICLE 4: BILLINGS <br />Billings will be generated for the Actuarial Shazed Services through Gabriel Roeder Smith & Company and will include <br />an Administrative Fee of $100 per valuation cycle (annually or biennially) payable to NCTCOG. <br />ARTICLE 5• CHANGES AND AlV~,ENDMENTS <br />This Agreement may be amended only by a written amendment executed by both parties, except that any alternations, <br />additions, or deletions to the terms of this Agreement which aze required by changes in Federal and State law or <br />regulations are automatically incorporated into this Agreement without written amendment hereto and shall become <br />effective on the date designated by such law or regulation. <br />NCTCOG reserves the right to make changes in the scope services offered through the Cooperative Purchasing Program <br />to be performed hereunder. <br />