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REV: 11-30-2021 MI <br />EXHIBIT B – PAYMENTS AND RATES <br />In consideration of the services provided by Contractor described in Exhibit A and subject to the <br />terms of the Agreement, City shall pay Contractor based on the following fee schedule and <br />terms: <br />I. PAYMENT AND RATES <br />A. City will pay Contractor as follows <br />1. $16,939.00 upon both parties signing the agreement for FY 2020-2021 <br />2. $15,753.00 upon City’s receipt and acceptance of invoice from Contractor for FY <br />2021-2022. <br />B. Invoicing Procedures <br />1. City agrees to pay Contractor, upon receipt of an invoice detailing tasks and services <br />rendered under this agreement. <br />2. Payment shall be representative of completed tasks and services, contingent upon receipt <br />and approval by the designated City representative(s). <br />C. Contractor shall prepare and submit an invoice for payment of services rendered in <br />accordance with the policies and procedures established by the City. The total payment <br />for services of Contractor will be $16,939.00 for FY2020-2021 and will be $15,753.00 <br />for FY 2021-2022. City shall have the right to withhold payment if City determines that <br />the quality of work performed is unacceptable. Payment shall be made within 30 days <br />from the date of the applicable undisputed invoice. <br />ATTY/AGR.2021.310/CORA (Page 8 of 8)