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b. Payment by CITY shall be made within forty-five (45) days following receipt of proper invoice evidencing work performed, subject to CITY accounting procedures and proof of insurance as set forth in section 3-9 (Insurance). Payment need not be made for work that fails to meet the standards of performance set forth in the Recitals, which may reasonably be expected by CITY. 2-1 Interest: CITY agrees to pay CONSULTANT interest at the rate of one percent (1 %) per month on any delinquent balance due. All balances shall be due and payable upon receipt of the billing or invoice statement. The balance due will be delinquent if not paid within forty-five (45) days of receipt of the billing statement. Statements shall be presumed to have been received five (5) days after they are mailed. 2-2 Maximum Contract Compensation: Maximum compensation payable to CONSULTANT for all services rendered by CONSULTANT to CITY, including all expenses incurred shall not exceed twenty-five thousand dollars and zero cents ($25,000) unless the parties pursuant to duly executed amendment to this Agreement shall agree to an increase in maximum contract compensation. 3. GENERAL PROVISIONS 3-1. Term of Agreement: This Agreement is effective as of the date and year first above written, and will terminate on June 30, 2023, or when the appeal is complete, whichever occurs first, if neither party has terminated this Agreement in accordance with section 3-2. 3-2. Termination: Either party shall have the right to terminate this Agreement in the event of a material breach by the other party. Any such termination may be made only by providing sixty (60) days written notice to the other party, specifically identifying the breach or breaches on which termination is based. Following receipt of such notice, the party in breach shall have thirty (30) days to cure such breach or breaches. In the event that such cure is not made, this Agreement shall terminate in accordance with the initial sixty (60) days' notice. Notwithstanding the foregoing, either party may terminate this Agreement at any time and for any reason by providing thirty -days (30) written notice to the other party; provided however, that if CONSULTANT has not breached this Agreement and has commenced services identified in EXHIBIT A prior to the date of termination, CONSULTANT shall be entitled to payment as described in EXHIBIT B; provided, however, that payment need not be made for work which fails to meet the standard of performance specified in the Recitals of this Agreement. 3-3. Effect of Termination: Notwithstanding termination of this Agreement, CITY shall be obligated to pay CONSULTANT for services performed through the effective date of termination for which CONSULTANT has not been previously paid. 3-4. Independent Contractor: It is understood that CONSULTANT and its subcontractors, if any, in the performance of the work and services agreed to be performed, shall act as and be an independent contractor and shall not act as an agent or employee of the CITY. CITY understands that CONSULTANT may perform similar services for others during the term of this Agreement and agrees that CONSULTANT may represent other government sector clients as long as such representation does not constitute a conflict of interest related to CONSULTANT'S services pursuant to this Agreement. CONSULTANT shall obtain no rights to retirement benefits or other benefits which accrue to CITY'S