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Agmt11 Fox Theatre Property LLC-Eric and Lori Lochtefeld- (2)
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Agmt11 Fox Theatre Property LLC-Eric and Lori Lochtefeld- (2)
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10/10/2011 10:58:44 AM
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10/10/2011 10:58:43 AM
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Agreement
Contractor Name
Eric and Lori Lochtefeld-"Fox Theatre Property LLC"
PROJECT NAME
Holiday Skating Rink at Courthouse Square ticket sales and credir card processing system use
RMP File Number
304.5
Date
10/7/2011
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and will use reasonable diligence and best judgment while exercising its professional <br /> skill and expertise. <br /> 3. Term. Unless earlier terminated, the term of this Agreement will commence upon <br /> the date first above written and shall expire on February 1, 2012. <br /> 4. Schedule. Consultant will endeavor to perform the Services to comport with the <br /> Holiday Skating Rink event scheduled to occur between November 18, 2011 and <br /> January 16, 2012. In securing potential sponsors, Consultant will allow sufficient time <br /> for a potential sponsor and City to negotiate and execute a Sponsorship Agreement in <br /> advance of the event to be sponsored. <br /> Consultant acknowledges the importance to City of City's project schedule and agrees <br /> to use its best professional efforts to meet the schedule. <br /> 5. Time is of the Essence. Time is of the essence for each and every provision of <br /> this Agreement. <br /> 6. Compensation. The total compensation for the Services to be performed <br /> under this Agreement shall not exceed $50,000. The amount to be paid to <br /> Consultant shall be based on two factors: <br /> 1) The total amount of sponsorships obtained by Consultant received by City <br /> in accordance with the schedule set forth below: <br /> A. $500 if sponsorships total $5,000 or less; <br /> B. $1,500 if sponsorships total more than $5000 and up to $15,000; <br /> C. $2,500 if sponsorships total more than $15,000 and up to $25,000; <br /> D. $3,500 if sponsorships total more than $25,000 and up to $35,000; <br /> E. $4,500 if sponsorships total more than $35,000. <br /> 2) Ticket sale transactions processed by ConsultanYs ticket sales/credit card <br /> processing system. The processing system costs $2.50 per transaction. <br /> Consultant shall provide invoice(s) reflecting the costs associated with this <br /> service. <br /> No other compensation for the Services shall be paid under this Agreement except for <br /> items covered by subsequent written amendments to this Agreement. There shall be no <br /> additional charge for expenses unless agreed to by City. Payment will occur only after <br /> receipt by City of invoices sufficiently detailed to depict costs incurred by Consultant <br /> related to ticketing/payment processing, unless otherwise agreed to by City. incremental <br /> payments, if applicable, will be made as outlined in attached Exhibit "A." <br /> The payment made to Consultant pursuant to the Agreement will be the full and <br /> complete compensation to which Consultant is entitled. City will not make any federal <br /> or state tax withholdings on behalf of Consultant or its agents, employees or <br /> ATTY/AGR/2071.105 CHS Skating Rink Sponsorship . <br /> 100611 <br />
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