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AgdaPkt 2015-06-08 Joint SA and PFA
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AgdaPkt 2015-06-08 Joint SA and PFA
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Last modified
6/9/2015 9:08:33 AM
Creation date
6/4/2015 5:22:10 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/8/2015
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Proposal for Revenue Enhancement Services <br /> <br />City of Redwood City, California 6 <br /> <br />Sales/Use Tax Analysis & Reporting Service (STARS) <br />The STARS Digest and Query System are available for an annual fixed fee of $3,000 per year, <br />paid $750 quarterly. The Annual Fee will be adjusted at the beginning of each calendar year by <br />the percentage change in the Consumer Price Index – West Urban (CPI-WU) as reported by the <br />Bureau of Labor Statistics. The initial Consumer Price Index used for the first CPI adjustment <br />will be the CPI-WU for the month in which the agreement is fully signed with the first <br />adjustment to occur at the beginning of the Calendar year following the first full calendar year <br />of service. <br /> <br />For instance, if the agreement is signed in April, year 1, the adjustment would not occur until <br />January of year 3. The adjustments thereafter will be based on the CPI-WU from December of <br />the prior calendar year. Each Annual Fee adjustment shall not be less than two percent (2%) or <br />greater than ten percent (10%). <br /> <br />Additional Consulting Services <br />City may request that MuniServices provide additional consulting services at any time during <br />term of the Agreement. If MuniServices and the City agree on the scope of the additional <br />consulting services requested, then MuniServices shall provide the additional consulting <br />services on a Time and Materials basis. MuniServices’ standard hourly rate will be $50 - $175 <br />per hour. <br /> <br />These additional consulting services will be invoiced at least monthly based on actual time and <br />expenses incurred. <br /> <br /> <br /> <br />Exhibit B <br />ATTY/AGR/2015.101/MUNISERVICE LLC <br />7.1.H. - Page 26
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