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EXhlblt B Proposal for Business License Compliance Services I Q <br /> � ' � � � • . <br /> Local Tax Compliance Discovery Services <br /> MuniServices' compensation for providing Discovery Services will be a contingency fee of 30% <br /> of the additional revenue received by the City from the services under the new agreement. The <br /> 30% will apply to the current tax year, all eligible prior period revenues, and any applicable <br /> penalties, interest, and late charges. The contingency fee only applies to revenue actually <br /> received by the City.The term "current tax year"shall mean the most recent tax year for which <br /> local taxes are due and payable to the City, and in which MuniServices has identified <br /> deficiencies. <br /> Local Tax Compliance Audit Services <br /> MuniServices' compensation for the Audit Service will be a contingency fee of 30%. The 30% <br /> contingency fee will apply to revenue received by the City as a result of deficiencies identified in <br /> the review and will include any eligible prior period revenues together with all applicable <br /> penalties, interest and late charges. The City agrees to use reasonable and diligent efforts to <br /> collect deficiencies identified by MuniServices. <br /> Taxpayers' payments and MuniServices' Invoice Process <br /> The following section describes how MuniServices handles the taxpayers' payments and <br /> invoices the City for its fees. <br /> a. Taxpayers'payments received by MuniServices shall be deposited into a general escrow <br /> account maintained by MuniServices. The taxpayers' payments deposited into the <br /> escrow account shall be remitted to the City on a bi-weekly basis (typically on the 15th <br /> and by the last business day of each month) net of MuniServices'fees. <br /> b. MuniServices shall send to the City a remittance package no less frequently than once <br /> per month that shall contain the taxpayer business license application, copy of the <br /> taxpayer payment, other supporting documents received from the taxpayer, a <br /> MuniServices generated report identifying each taxpayer payment received and the <br /> amount of MuniServices fees attributed to the taxpayer payment, a check made payable <br /> to the City for the amount of fees collected less MuniServices' fees, and an invoice <br /> showing our contingency fee. <br /> c. Should there be any disputed payments; MuniServices shall work with City to mutually <br /> resolve these issues. If the resolution resutts in City's favor, MuniServices shall refund <br /> the applicable portion of the fee to City within 10 days of resolution. <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. Depending on the personnel assigned to perform the <br /> work,MuniServices'standard hourly rates range from$75 per hour to$200 per hour. <br /> City of Redwood City, California 4 <br /> ATTY/AGR/2015.101/MUNISERVICE LLC <br />