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INSURANCE NOT ON FILE <br />WORK MAY Q PROCEED <br />CLERK OF COUNCIL <br />® DATE: FEB 0 4 2015 <br />MSIR l°) <br />CONSULTANT AGREEMENT <br />N-2019-026 <br />P,\,jao THIS AGREEMENT is made and entered into this 8th day of January, 2019 by and between BLX <br />mited <br />company, (hereinafter "Consultant"), and the City of <br />c " "o� Group <br />charterLC, a Delaware city ty and municipal corporationyoorganized and existing under the Constitution and laws aof thenta na, a <br />State of California (hereinafter "City'). <br />RECITALS <br />A. The City desires to retain a consultant having special skill and knowledge in the field of <br />providing arbitrage rebate compliance services. <br />B. Consultant represents that Consultant is able and willing to provide such services to the City <br />C. In undertaking the performance of this Agreement, Consultant represents that it is <br />knowledgeable in its field and that any services performed by Consultant under this Agreement <br />will be performed in compliance with such standards as may reasonably be expected from a <br />professional consulting firm in the field. <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms <br />and conditions hereinafter set forth, the parties agree as follows: <br />SCOPE OF SERVICES <br />Consultant shall perform those services as set forth in Exhibit A to this Agreement. <br />2. COMPENSATION <br />a. City agrees to pay, and Consultant agrees to accept as total payment for its services, the <br />rates and charges identified in Exhibit A. The total sum to be expended under this <br />Agreement shall not exceed $10,000 annually for a total of $20,000 during the term of <br />this Agreement. <br />b. Payment by City shall be made within forty-five (45) days following receipt of proper <br />invoice evidencing work performed, subject to City accounting procedures. Payment <br />need not be made for work which fails to meet the standards of performance set forth in <br />the Recitals which may reasonably be expected by City. <br />3. TERM <br />This Agreement shall commence on the date first written above and terminate on January 8, <br />2021, unless terminated earlier in accordance with the terms and conditions set forth in Exhibit A. <br />4. INDEPENDENT CONTRACTOR <br />Consultant shall, during the entire term of this Agreement, be construed to be an independent <br />contractor and not an employee of the City. This Agreement is not intended nor shall it be construed to <br />create an employer-employee relationship, a joint venture relationship, or to allow the City to exercise <br />discretion or control over the professional manner in which Consultant performs the services which are <br />the subject matter of this Agreement; however, the services to be provided by Consultant shall be <br />provided in a manner consistent with all applicable standards and regulations governing such services. <br />Consultant shall pay all salaries and wages, employer's social security taxes, unemployment insurance <br />and similar taxes relating to employees and shall be responsible for all applicable withholding taxes. <br />