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Agmt03 BHV Innisfree Ven... (4)
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Agmt03 BHV Innisfree Ven... (4)
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Last modified
4/16/2007 11:54:15 AM
Creation date
7/28/2003 9:30:46 AM
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Template:
Agreement
Contractor Name
BHV Innisfree Ventures
PROJECT NAME
Preconstruction, Design & Reimbursement
RMP File Number
304 bin 24
Date
2/24/2003
MO Ref
03-107 RD-03-14 03-233 RD-03-29
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Developer shall include in its contracts with all Consultants, including but not <br />limited to design professionals and those consultants listed in Exhibit C, the obligations <br />set forth in this Agreement, as follows: <br /> <br /> 1) The obligation to comply with Applicable Laws and perform in accordance <br /> with the standards described in this Section 2; <br /> <br /> 2)Ownership of the Documents, in accordance with Section 8; <br /> <br /> 3) The obligation to perform in accordance with the Project Schedule, as <br /> provided in Section 9; <br /> <br /> 4) The obligation to defend, indemnify and hold harmless the City and the <br /> Agency, as described in Section 12; <br /> <br /> 5) The obligation to obtain insurance and provide evidence of insurance as, <br /> described in Section 13; <br /> <br /> 6) Such other and further obligations as may be reasonably necessary to <br /> <br /> effect the purposes of this Agreement. <br /> <br /> Developer shall provide City and Agency with copies of any or all of its agreements <br /> with Consultants in connection the Project upon written request. <br /> <br /> 3. REIMBURSEMENT TO DEVELOPER. City and Agency shall reimburse <br />Developer for services performed by Developer, directly or through Developer's <br />consultants, in the amount of Developer's actual costs, provided however, that the total of <br />the reimbursement and fee (described in Exhibit C) shall not exceed the amount of Six <br />Hundred and Fifty Thousand Dollars ($650,000) without the prior wdtten authorization of <br />the City's Project Manager, the City Council and the Agency's Board of Directors. A <br />summary of the Developer's costs is shown in Exhibit C. Developer's management fee for <br />which services hereunder shall be performed are set forth in Developer's fee schedule <br />attached hereto as Exhibit C. <br /> <br /> The combined total of compensation and reimbursement of costs payable <br />hereunder shall not exceed the sum of Six Hundred Fifty Thousand Dollars ($650,000). <br />Task orders 'or amendments to this Agreement that, individually or collectively, increase <br />the costs payable hereunder by more than Sixty Thousand Dollars ($60,000), are not valid <br />unless such task orders or amendments are approved by City's Project Manager, the City <br />Council and the Agency's Board of Directors. <br /> <br /> F:AEy/Agr/Agr.119 <br />O52OO3 4 <br /> <br /> <br />
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