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Agmt18 MuniServices, LLC
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Agmt18 MuniServices, LLC
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Entry Properties
Last modified
3/29/2018 4:56:08 PM
Creation date
3/29/2018 4:53:07 PM
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Agreement
Contractor Name
MuniServices, LLC
PROJECT NAME
Property Tax Consultant
RMP File Number
304.5
Date
3/29/2018
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EXHIBIT "B" - FEE SCHEDULE <br />PROPERTY TAX AUDIT <br />The Property Tax service will be provided for a contingency fee of 20%. This fee applies to <br />reallocations for the fiscal year during which the Date of Correction fails and all eligible prior period <br />revenues corrected. The fee also applies to Corrected Allocations for three (3) subsequent Roll <br />Years from the Date of Correction. Consultant shall invoice City for the above fee at least annually, <br />based on recoveries actually received by City. <br />PROPERTY TAX INFORMATION (PropertyL/NKTm) <br />Annual Fee. The Annual Fee for PropertyLINKTm is $7,500 and to be paid in quarterly installments <br />of $1,875 at the beginning of each calendar quarter after implementation of the Service. <br />a) For the quarter during which the Service is implemented, Consultant shall bill City a pro- <br />rate portion of the quarterly installment of the annual fee 30 days from the date of <br />implementation. Thereafter, Consultant shall invoice City quarterly, at the beginning of <br />each calendar quarter, for Service to be provided during that quarter. <br />b) The Annual Fee is adjusted at the beginning of each calendar year by the percentage <br />change in the Consumer Price Index for the City's geographic region as reported by the <br />Bureau of Labor Statistics. The initial Consumer Price Index used for the first CPI <br />adjustment will be the CPI for the month in which the agreement is fully signed with the <br />first adjustment to occur at the beginning of the Calendar year following the first full <br />calendar year of service. <br />c) For instance, if the agreement is signed in April, year 1, the adjustment would not occur <br />until January of year 3. The adjustments thereafter will be based on the CPI from <br />December of the prior calendar year. Each Annual Fee adjustment shall not be less than <br />two percent (2%) or greater than ten percent (10%). <br />d) The Annual Fee includes: <br />• 24 Hour access to the PropertyL/NKTMsystems <br />• User support for up to 5 users (Additional users will increase Price.) <br />• Periodic maintenance releases of PropertyLINKTm <br />CAFR <br />Consultant's' fee for the basic CAFR report package (Assessed & Estimated Market Values, <br />Direct & Overlapping Property Tax Rates, Property Tax Land Use Distribution, Principal Property <br />Tax Payers and Principal Sales Tax Producers) are included with the PropertyL/NKTm fee. <br />Additional CAFR reports are: <br />Direct and Overlapping Debt $500 <br />Principal Employers $1,000 <br />Demographics and Economic Statistics $175 <br />ATTY/AGR.2018.053/MuniServices LLC Property Tax Consultant <br />
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