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Signature: F—cF <br />Email: rsanchez@redwoodcity.org <br />EXHIBIT "B" <br />PAYMENT TERMS <br />A. Payment Terms: Contractor shall provide the services outlined herein on an <br />hourly and per task basis, not to exceed $50,000. Fees will be billed monthly <br />based on the actual hours or task used in each phase, per the labor rate <br />schedule as delineated in Section B. Invoices shall be submitted monthly, no <br />later than 15 days from the end of the billing month. <br />B. Labor Rate Schedule: <br />Task Description <br />Fee <br />Surveys - Monitoring of trash, debris, land nuisance <br />$90.00 per hour <br />plants <br />Travel Time to Lagoon for Surveys <br />$30.00 per day <br />Provide monthly report, activity summary log, and monitoring observations. <br />$180.00 per report <br />On -Call Consulting Services <br />No Cost <br />Mechanical/Manual Harvesting: <br />• Labor <br />$75.00 per hour <br />• Equipment <br />$95.00 per hour <br />• Material disposal (Vegetation, Trash, Debris, etc.) <br />$20.00 per ton <br />• H8-200 <br />$150.00 per hour <br />$200.00 per hour <br />• H10-650 <br />Chemical application: <br />• Labor <br />$75.00 per hour <br />Equipment <br />$50.00 per hour <br />• Diquat <br />$62.00 per gallon <br />• Green Clean Liquid 2.0 <br />$45.00 per gallon <br />• Aquatic Herbicide Applied <br />$175.00 per gallon <br />• Aquatic Algaecide Applied <br />$55.00 per gallon <br />One -Time Expenses <br />• Annual Work Summary <br />No Cost <br />• Plant Management Strategy <br />No Cost <br />0 Lagoon Management Plan Update <br />No Cost <br />Optional Expenses: <br />• Annual Report to State Water Board <br />$775.00 per report <br />$500.00 per report <br />Monthly Reports to State Water Board <br />$1,850.00 per task <br />• Diquat pre-treatment, event, and post-treatment sampling <br />$1,350.00 per task <br />• Green Clean Liquid 2.0 pre-treatment, event, and post- treatment <br />sampling <br />a0mo 131=41fz111ai <br />ATTY/AGR.Amend No. 3/WATERWORKS INDUSTRIES, INC. (Page 7 of 7) <br />