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AgdaPkt 2020-10-12 Joint SA PFA
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AgdaPkt 2020-10-12 Joint SA PFA
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Last modified
10/14/2020 12:39:00 PM
Creation date
10/12/2020 11:30:12 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
10/12/2020
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6.11). - Page 5 of 16 <br />will also use reasonable diligence and best judgment while exercising its professional skill <br />and expertise. <br />3. Term. Unless terminated earlier pursuant to Section 21, the term of this <br />Agreement will be for a period of four (4) years from the Effective Date. The foregoing <br />notwithstanding, continuation of the Agreement beyond the first year of the term is <br />contingent upon the City Council appropriating necessary funds for this Agreement. Any <br />extension will require a written amendment executed by both parties indicating the <br />effective date and length of the extended Agreement. <br />4. Schedule. Consultant will adhere to the schedule set forth in Exhibit A, provided, <br />that City, in its discretion, may grant reasonable extensions when performance of the <br />Services is delayed due to unusually lengthy governmental reviews or other unexpected, <br />unavoidable circumstances. Such circumstances will not include strikes, lockouts, work <br />stoppages, or other labor disturbances conducted by, or on behalf of, Consultant's officers <br />or employees. <br />5. Time is of the Essence. Time is of the essence for each and every provision of <br />this Agreement. <br />6. Compensation. City will pay to Consultant a not -to -exceed amount of Two <br />Hundred and Fifty Thousand Dollars ($250,000.00) for the completion of all the work and <br />services described herein, which sum will include all costs or expenses incurred by <br />Consultant, payable as set forth in Exhibit A. <br />6.1 Consultant must submit applications for payment that contain the following: <br />6.1.1. A clear, detailed invoice reflecting Services for which Consultant is billing <br />City; <br />6.1.2. A summary sheet showing hourly rates (if applicable); <br />6.1.3. Number of hours worked; <br />6.1.4. Percentage of Services completed to date; <br />6.1.5. Amount/percent billed to date; <br />6.1.6. Current status of all tasks within a project; <br />6.1.7. Any backup documentation reasonably necessary to substantiate the <br />preceding items; and <br />6.1.8. Any changes to the anticipated work schedule. <br />:a artIlraIIIINIM1119M <br />ATTY/AGR.2020.197/Strategic Economics (Page 2 of 13) <br />35 <br />
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