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<br />applicable, any successive Term Year, likewise on an hourly basis, at the IT <br /> <br />Base Rate plus an amount established by City but not more than the change in <br /> <br />CPI as described in Section 2.a. of this agreement of the Base Rate, plus an <br /> <br />amount equal to eighteen percent (18%) thereof for each hour of services <br /> <br />provided in excess of 220 hours in each respective Term Year. <br /> <br />(c) <br /> <br />ComDuter Technoloav. Authority shall pay City Three Thousand <br /> <br />Four Hundred Fifty-Seven Dollars ($3,457) plus percentage change in CPI AS <br /> <br />DESCRIBED IN Section 2.a. of this agreement for the computer technology <br /> <br />services described in Exhibit "A" during the first year of the term hereof (the "CT <br /> <br />Base Rate"). For the second, third, and, if any, each successive Term Year, the <br /> <br />CT Base Rate shall be adjusted by the CPI in the same manner as pertains to <br /> <br />the adjustment of the FS Base Rate described in (a), above. <br /> <br />3. <br /> <br />RECORDS: STATEMENTS: PAYMENT. <br /> <br />City shall submit monthly <br /> <br />invoices to Authority, which invoices shall describe briefly the services rendered during <br /> <br />the billing period. City shall keep and maintain accurate records relating to such <br /> <br />invoices and services rendered which shall be made available to Authority at Authority's <br /> <br />offices during regular business hours upon request of Authority. Payment shall be <br /> <br />made by Authority within 30 days of submittal of appropriate invoices. <br /> <br />4. <br /> <br />TERM. The term of this agreement is three (3) years, commencing July 1, <br /> <br />2002, and expiring on June 30, 2005, unless sooner terminated by either party as <br /> <br />provided in paragraph 6. <br /> <br />Notwithstanding the foregoing, the term hereof may be <br /> <br />extended by written amendment or supplement hereto approved, in the case of <br /> <br />3 <br />