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EXHIBIT 1 <br />(a.) For all first placement accounts receivable initially placed <br />for collection with Consultant beginning July 1, 2019: <br />i. 17% for accounts placed for standard collection; <br />ii. 30% for accounts requiring City authorized legal <br />action; <br />iii. 12% for accounts that are part of Early Out Programs <br />placed for collection with Consultant no more than <br />120 days from billing. <br />(b.) For all second placement accounts receivable placed for <br />collection with Consultant beginning July 1, 2019: <br />i. 30% for accounts placed for standard collection <br />ii. 30% for accounts requiring City authorized legal action <br />(c.) For all second letter service ($20.00 per account). <br />3. Collect any interest accruing from the date of assignment, if allowed by <br />law. <br />4. Obtain prior approval from City before initiating any legal action on an <br />account. <br />5. Advance all legal costs in connection with approved legal action against <br />any debtor. <br />6. Retain from fast monies collected on a legal account, its advanced costs. <br />7. Remit to City all monies, less commission, by the 201h day of the month <br />following collection. <br />S. Provide written or electronic acknowledgment of account received from <br />City. <br />9. Mail first notice to debtor within 24 hours of receipt of placement. <br />10. Provide City with monthly reports summarizing the activity on all <br />accounts assigned to Consultant, including at a minimum: <br />(a.) Total dollar value assigned <br />(b.) Total dollar value collected <br />(c) Percentage collected on total dollar value assigned <br />(d) Number of accounts assigned <br />(e.) Number of accounts on which payments received <br />2 <br />25H-6 <br />