Agmt26 HdL Coren and Cone Amendment No.3

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REV: 01-13-26 MI Hourly rates are exclusive of expenses and are subject to adjustment by the Consultant annually. On July 1st of each year Consultant shall provide the City with an updated schedule of hourly rates. The rates will not be increased by more than five percent (5%) per year. Identification and Correction of Errors Fees for the identification and correction of errors are on a contingent basis, Consultant shall receive 25 percent of general fund or tax increment property tax revenue or other revenues attributable to the City recovered or reallocated which are directly or indirectly the result of an audit, analysis or consultation performed by Consultant (including but not limited to base year value audits; administration of tax sharing agreements; tax increment allocation reviews; county allocation reviews). Consultant shall separate and support said reallocation and provide the City with an itemized invoice showing all amounts due as a result of revenue recovery or reallocation. The City shall pay audit fees after Contractor's submittal of evidence that corrections have been made by the appropriate agency. Payment to the Consultant shall be made within thirty (30) days after the City receives its first remittance advice during the fiscal year for which the correction applies. ATTY/AGR.2026/Amend. No. 3/HdL Coren & Cone (Amendment No.3) (Page 8 of 8)