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Agmt21 HDL
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Agmt21 HDL
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Last modified
5/29/2026 3:17:09 PM
Creation date
1/25/2021 4:47:43 PM
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Agreement
Contractor Name
HDL
PROJECT NAME
Property and Use Tax and Revenue Enhancement Services
RMP File Number
304/205
Date
1/15/2021
Reso Ref
15922
MO Ref
20-206
Amendment
Yes
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2. Sales and Use Tax Management Services <br />This includes access to the City's sales tax database through Consultant's web -based <br />software and quarterly meetings with one of Consultant's principals. In preparation for <br />each meeting, a principal of the Consultant will analyze the City's data in detail and meets <br />with appropriate City officials to review trends, point out businesses that should be <br />contacted as part of the City's business retention program and discuss and make <br />recommendations regarding the economic and budget implications of the quarter's data. <br />Also included is a nonconfidential newsletter that can be shared with City's council and <br />the public. The price for this service is $ 0 per month for year 1, $350 per month for year <br />2 and $700 per month for year 3. <br />3. Transactions Tax Services <br />Consultant will monitor and report on this additional revenue source for $0 per month for <br />year 1, $100 per month for year 2 and $200 per month for year 3. The only requirement is <br />that the City's adopt a separate resolution of confidentially authorizing Consultant's access <br />to the confidential database. The charge for Consultant auditing City's transactions and <br />use taxes will be a 25% contingency fee against retroactive adjustments only (no <br />prospective billing). Audit fees are billed only after the completion of the audit, submittal <br />of corrections to the CDTFA and receipt of revenue by the City. <br />B. Business License Consulting Services <br />1. Business License Tax Discovery <br />Consultant's fee for performing discovery services shall be a contingency fee of 30% for <br />year 1 of the contract and 35% for years 2 and 3 of the revenues received as a result of <br />the service. This fee applies to monies received for the current tax/license period and any <br />other prior period collected, including monies received for taxes, penalties, interest, and <br />fees. <br />2. Audit <br />Consultant's fee for performing Audit services shall be a contingency fee of 30% for year <br />1 of the contract and 35% for years 2 and 3 of the revenues received as a result of the <br />service. This fee applies to monies received for the current tax/license period and any <br />other prior period collected, including monies received for taxes, penalties, interest, and <br />fees. <br />SERVICE FEES <br />YEAR 7 YEAR 2 YEAR 3 <br />Revenue Recovery & Auditing_— Sales & Use Tax $0 / month $350 / month $700 / month <br />Transactions Tax Services $0 / month $100 / month $200 / month <br />CONTINGENCY FEES <br />REV: 12-07-2020 EI <br />ATTY/AGR.2020.284/Hinderliter, de Llamas and Associates (HdL) (Page 16 of 17) <br />
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