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<br />ORIG~NAL <br /> <br />AGREEMENT FOR REVENUE ENHANCEMENT SERVICES <br />MUNISERVICES, LLC <br /> <br />THIS AGREEMENT is made and entered into as of the 2nd day of <br />March , 2009, by and between the CITY OF REDWOOD CITY, a charter <br />city and municipal corporation of the State of California ("City"), and MuniServices, LLC <br />a Delaware limited liability company ("Consultant") (collectively, the "Parties"). <br /> <br />RECITALS <br /> <br />A. City requires the professional services of a consultant that is experienced <br />in revenue enhancement and municipal taxation. <br /> <br />B. Consultant has the necessary experience in providing professional <br />services and advice related to the services set forth in Exhibit A. <br /> <br />C. Selection of Consultant is expected to achieve the desired results in an <br />expedited fashion. <br /> <br />D. Consultant has submitted a proposal to City and has affirmed its <br />willingness and ability to perform such work. <br /> <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br /> <br />1. Scope of Work. City retains Consultant to perform, and Consultant agrees to <br />render, those services (the "Services") that are defined in attached Exhibit "A," which is <br />incorporated by this reference in accordance with this Agreement's terms and <br />conditions. <br /> <br />2. Standard of Performance. While performing the Services, Consultant will <br />exercise the reasonable professional care and skill customarily exercised by reputable <br />members of Consultant's profession practicing in the Metropolitan Northern California <br />Area, and will use reasonable diligence and best judgment while exercising its <br />professional skill and expertise. <br /> <br />3. Term. Unless earlier terminated, the term of this Agreement will be effective for a <br />period of one (1) year from the date first above written. The City Manager may amend <br />the Agreement to extend it for five (5) additional one (1) year periods or parts thereof in <br />an amount not to exceed sixty thousand dollars ($60,000.00) per Agreement year. <br />Extensions will be based upon a satisfactory review of Consultant's performance, City <br />needs, and appropriation of funds by the City Council. The parties will prepare a written <br />amendment indicating the effective date and length of the extended Agreement. <br /> <br />1 <br />