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AgdaPkt 2016-09-12 Closed and Joint SA PFA
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AgdaPkt 2016-09-12 Closed and Joint SA PFA
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Last modified
9/13/2016 11:52:14 AM
Creation date
9/12/2016 7:53:18 AM
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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
9/12/2016
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Redwood City UUT Agmt 080515 Exhibit A – Page 4 <br />year UUT Program fees. In subsequent years, MuniServices will calculate the fee based on the actual remittance notices received for the most recent fiscal year. 2. Disclosure of Allocation of Annual Fee between MuniServices and Law Firm: The total annual fee payment shall be allocated as follows: <br />City will pay MuniServices its fee payments as specified in A.1 above on the scheduled <br />dates as specified on A.3 below. MuniServices agrees to Law Firm on behalf of the City the <br />greater of 35% of the total annual fixed fee or $7,500, provided that if Law Firm provides <br />legal services relating to a UUT ballot measure [see Art.2(C) (3) above], MuniServices <br />agrees to pay Law Firm for the first year only the greater of 50% of the total annual fixed <br />fee or $10,000. At any time, Law Firm and MuniServices may, by mutual agreement, <br />adjust their proportional share of said total annual fee, provided that such parties shall <br />receive prior approval of such adjustment from the City. <br /> 3. Quarterly Payments of Fixed Fee: The annual fixed fee shall be paid in four equal quarterly payments with due dates of: March 31, June 30, September 30, and December 31. Invoices for services rendered shall be in arrears (invoiced for the immediately preceding quarter). If the effective date of this Agreement is other than on an invoice date, the City shall be invoiced for the first quarterly payment on the immediately following invoice date as set forth herein. City shall be invoiced and responsible for a prorated portion of the preceding quarter based on the effective date of this Agreement. Payment will be made to MuniServices within thirty (30) days of receipt of MuniServices invoice therefore. Any amounts which remain unpaid after thirty (30) days shall accrue interest at a rate of one and one-half percent (1.5%) per month, or the maximum amount permitted by law. These quarterly payments are nonrefundable, and such payments by City to MuniServices shall be deemed full payment to Law Firm. <br />Article 4 – Information to Be Provided by City <br /> The City agrees to provide MuniServices with the following information: <br />1. A copy of the City’s UUT Ordinance and any amendments thereto. <br />2. Letters requesting the exemption lists from the utility companies to be placed on City letterhead. <br />3. A Letter of Authorization for MuniServices to act on City’s behalf. Place on City letterhead. <br />4. A sample remittance form to be provided to the utility companies. <br />5. Two SB278 letters requesting from utility companies to provide transportation list on City letterhead. The City will provide MuniServices, on a timely basis, with information necessary to conduct its compliance review activities including but not limited to: monthly UUT payment histories, exemption lists, and SB 278 gas and electric lists (including names of customers refusing to pay surcharges), administrative rulings, and of any subsequent amendments to the UUT ordinance. <br />Article 5 – Termination and Completion of Services <br /> A. Either the City or MuniServices may terminate this Agreement, by thirty (30) days prior written notice as provided in this Section. B. If the City terminates this Agreement at any time within twelve (12) months following the effective date of this Agreement, and Law Firm has prepared an ordinance update for the City (whether or not the City adopts the recommended update), the City shall nevertheless pay MuniServices four (4) quarterly payments from the commencement of the Agreement to compensate MuniServices for <br />ATTY/AGR/2015.175/MUNISERVICES INC. <br />REV: 08-20-15 RL <br />6.1.O. - Page 26
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