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<br />City must independently review and exercise its independent judgment with respect to the <br />content and conclusions of the Technical Reports and may in its discretion retain consultants at <br />Saltworks' cost to review and comment on the Technical Reports, or to provide such <br />supplemental reports as City may deem necessary or desirable, during the environmental review <br />and planning process. <br /> <br />ARTICLE 4. FUNDING OF PLANNING EFFORTS <br /> <br />Section 4.01. In General. As of the date of this Agreement Saltworks has made deposits <br />and reimbursed the City for the costs which City represents are actual costs incurred by the City <br />in connection with City's processing of the Applications to date. As more fully set forth below, <br />Saltworks agrees to advance deposits to City to cover the actual costs incurred, or to be incurred, <br />by City related to its review activities pursuant to and during the Term of this Agreement, <br />including (i) staff time and expenses at the rates typically charged by City for such time and <br />expenses, and which rates may be adjusted from time to time by City in a manner consistent with <br />the requirements of law (provided City provides Saltworks with at least thirty (30) days advance <br />written notice of any such adjustment); (ii) consultant fees and costs (including, without <br />limitation, costs and fees of specialized legal counsel retained to assist City's consultants); and <br />(iii) any other items that are agreed to in writing by City and Saltworks. <br /> <br />Section 4.02. Consultants. <br /> <br />(a). Prior to selecting any consultant or subconsultant to be retained by City under this <br />Agreement (each, a "Consultant"), City shall meet with Saltworks to provide information relative <br />to such Consultant, and the proposed scope and budget for such Consultant; provided, however, <br />that the ultimate selection and retention of any Consultant shall be made by City in its sole <br />discretion. <br /> <br />(b) City shall deliver to Saltworks copies of all proposed consultant contracts and <br />subcontracts (collectively, "Consultant Contracts"), including budgets and scopes of work, and <br />any proposed amendments of previously approved Consultant Contracts. All Consultants <br />retained by City pursuant to this Agreement will report to City. Saltworks agrees that City will <br />charge actual staff time and expenses attributable to the administration of Consultant Contracts <br />entered into by City under this Agreement. <br /> <br />(c) City shall on a monthly basis deliver to Saltworks copies of invoices from all <br />Consultants. Saltworks may review those invoices and inform City in writing of any dispute that <br />it may have within fifteen (15) days of receipt of such invoice. Saltworks may ask City to <br />withhold payment from the Consultant and, upon such request by Saltworks, City will discuss the <br />dispute. <br /> <br />(d) All proposed Consultant Contracts shall provide that (i) Consultants shall bill only <br />for their actual costs, with no premiums or surcharges on costs, expenses, sub-consultants or <br />otherwise and (ii) copies of all invoices and appropriate supporting documentation shall be made <br />available to Saltworks. <br /> <br />3 <br />