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Res 1995-066
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Res 1995-066
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Last modified
6/19/2007 9:44:46 AM
Creation date
6/19/2007 9:44:46 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1995-66
Date
3/27/1995
Volume Book
118
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<br /> if]/) <br /> ARTICLE 4 <br /> PAYMENTS TO THE CONSULTANT <br /> 4.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES <br /> 4.1.1 Payments for Basic Services will be made to the AUDITOR on a <br /> monthly basis following the CITY's receipt of the AUDITOR's invoice. <br /> The amounts of these invoices will be based upon the extent of work in <br /> each phase in progress completed by the AUDITOR on a percentage basis. <br /> 4.2 PAYMENTS ON ACCOUNT OF ADDITIONAL SERVICES <br /> 4.2.1 Payments on account of the AUDITOR's Additional Services as <br /> defined in Paragraph 1.6 will be made to the AUDITOR on a monthly basis <br /> upon presentation of the AUDITOR's invoice for services rendered or <br /> expenses incurred, less any disputed amounts, pending resolution <br /> thereof. <br /> ARTICLE 5 <br /> AUDITOR'S RECORDS <br /> 5.1 All expense documentation will be kept by the AUDITOR and <br /> will be available to the CITY or the CITY's authorized representative <br /> at mutually convenient times. <br /> ARTICLE 6 <br /> OWNERSHIP AND USE OF DOCUMENTS <br /> . <br /> 6.1 Original documents prepared or obtained under the terms of <br /> this Agreement, with the exception of the AUDITOR's working papers, <br /> will become the property of the CITY. AUDITOR will provide copies of <br /> its working papers upon CITY's request. <br /> ARTICLE 7 <br /> TERMINATION OF AGREEMENT <br /> 7.1 This Agreement may be terminated by either party upon fifteen <br /> ¡ (15) days prior written notice should the other party fail <br /> substantially to perform in accordance .with its terms through no fault <br /> of the party initiating the termination. <br /> 7.2 This Agreement may be terminated at will by the CITY upon at <br /> least fifteen (15) days prior written notice to the AUDITOR. <br /> 7.3 In the event of termination as provided in this Article, the <br /> AUDITOR will be compensated for all services performed to termination <br /> date in accordance with this Agreement. Such amount will be paid by <br /> the CITY upon the AUDITOR's delivering or otherwise making available to <br /> the CITY, all data, reports, and such other information and materials <br /> as may have been accumulated by the AUDITOR in performing the <br /> services included in this Agreement, whether completed or in <br /> progress. The expense of the reproduction of these items will be borne <br /> by CITY. Notwithstanding the foregoing, nothing in this Agreement will <br /> preclude the AUDITOR from retaining its working papers, in accordance <br /> with professional requirements. <br /> -5- <br />
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