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2. COMPENSATION; EXPENSES; DEPOSIT; PAYMENT. City shall <br /> compensate Consultant for the Project in an amount based upon Consultant's <br /> hourly rates that are prevailing during the time of the performance of said <br /> services. Consultant's hourly rates for which services hereunder shall be <br /> performed are set forth in Exhibit "B" hereof, attached hereto and by this <br /> reference incorporated herein. <br /> <br /> Notwithstanding the foregoing, (1) the combined total of compensation <br />and reimbursement of costs payable for the Project shall not exceed the sum of <br />Sixty-One Thousand Six Hundred Seventy-Nine ($61,679); unless the <br />performance of services and/or reimbursement of costs and expenses in excess <br />of said amounts have been approved in advance of performing such services or <br />incurring such costs and expenses by City's City Council, evidenced by motion <br />duly made and carried. <br /> <br /> Consultant understands that the owners of specified properties along the <br />Bay Front are contributing the funds required to pay for the Project and <br />Consultant will not commence work until notified by the City that sufficient funds <br />have been received from the necessary property owners. <br /> <br /> Compensation and reimbursement of costs and expenses hereunder shall <br />be payable upon monthly billing therefor by Consultant to City, which billing shall <br />include an itemized statement, briefly describing by task and labor category or <br />cost/expense items billed. <br /> <br /> 3. ADDITIONAL SERVICES. In the event City desires the performance <br />of additional services the cost of which shall not exceed twenty (20%) percent of <br />the combined total of compensation and reimbursement costs as set forth in <br /> <br />F:Atty/A§r/A§r.019 <br />030602-FINAL 2 <br /> <br /> <br />