Agmt17 Michael Yovino-Young, Yovino-Young, Inc.

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2. Consulting Fee: City shall pay Consultant at the rate of $325 per hour. Consultant will immediately seek and obtain approval from the City for any Final Appraisal assignment that Consultant anticipates will require more than ten (10) hours to complete. Consultant will submit monthly billing statements to the City, which shall include the amount, rate, and a description of services rendered. The City shall make payment to Consultant within thirty (30) days of receiving Consultant's billing statement. Consultant shall not be entitled to interest on outstanding billing statements that are past thirty (30) days due. 3. Consultant an Independent Contractor. The Consultant, and the agents, employees, and subcontractors of Consultant, in the performance of this Agreement, shall act in an independent capacity and not as officers or employees of the City. 4. Records Retention. During Consultant's performance of services under this Agreement, various documents and records may be received and prepared. All correspondence, reports, transcripts, exhibits, documents, records, and other items reasonably necessary to the Consultant's performance of his/her services under this Agreement shall belong to the City and shall be released to the City upon request. 5. Duty of City to Supply Data. City agrees to provide Consultant with the City's Appraisal and the Owner's Appraisal for each Dwelling for which Consultant is selected to be a Third Party Appraiser. City shall also provide Consultant with a copy of the Docktown Plan. 6. Confidentiality. All communications, including any oral discussions or deliberations, documents, reports, and/or information developed or received by Consultant prior to the execution of this Agreement or in performance of this Agreement ("Confidential Information") are confidential, and Consultant shall not disclose any Confidential Information to any person except as authorized in writing by the City or as required by law. 7. Notices. Any and all notices, demands, invoices, and written communication between the parties hereto shall be addressed as set forth in this paragraph. The below -named individuals furthermore shall be those persons primarily responsible for the performance by the parties under this Agreement. [City] [County counsel or city attorney] [address] Consultant G. WCHAELYOVINO-YOUN(L MAI, SRA, ABA [address] PRESIDENT YOVINO YOUNG, INCORPOF&= 2716 TELEGRAPH AVENUE BERKELEY, CA 84705-1175 (510) 548-1210 FAX 548-5110 Page 3 of 4 ATTY/AGR/2017.188/APPRAISAL SERVICES — MICHAEL YOVI NO -YOUNG REV: 08-16-17 VR