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<br />N-2005-065 <br /> <br />I,JSURANCE NOJ ON filE <br />WORK MAY NOT PROCEED <br />CLERK OF COUNCIL <br />DATE: 5-;;Ur-DS <br /> <br />CONSULTANT AGREEMENT <br /> <br />t ~ fM <; <br />(r;~0 <br /> <br />THIS AGREEMENT, made and entered into this 10th day of May, 2005 by and <br />between, Bond Logistix, LLC, a California limited liability company, (hereinafter "Consultant"), <br />and the City of Santa Ana, a charter city and municipal corporation organized and existing under <br />the Constitution and laws of the Sate of California (hereinafter "City"). <br /> <br />RECITALS <br /> <br />A. The City desires to retain a consultant having special skill and knowledge in the <br />field of financial analysis. <br /> <br />B. Consultant represents that Consultant is able and willing to provide such services to <br />the City. <br /> <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 <br />Agreement will be performed in compliance with such standards as may reasonably <br />be expected from a professional consulting firm in the field. <br /> <br />NOW THEREFORE, in consideration ofthe mutual and respective promises, and subject to the <br />terms and conditions hereinafter set forth, the parties agree as follows: <br /> <br />1. SCOPE OF SERVICES <br /> <br />Consultant shall perform those services as set forth in Exhibit A to this Agreement. <br /> <br />2. COMPENSATION <br /> <br />a. City agrees to pay, and Consultant agrees to accept as total payment for its <br />services, the rates and charges identified in Exhibit A. The total sum to be expended under this <br />Agreement shall not exceed $8,000.00 during the term of this Agreement. <br /> <br />b. Payment by City shall be made within thirty (30) days following receipt of proper <br />invoice evidencing work performed, subject to City accounting procedures. Payment need not <br />be made for work that fails to meet the standards of performance set forth in the Recitals that <br />may reasonably be expected by City. <br /> <br />3. TERM <br /> <br />This Agreement shall commence on the date first written above and terminate on June 30, <br />2005, or when total funds appropriated under said Agreement have been expended, whichever <br />comes first. However, the term ofthis Agreement may be extended upon a writing executed by <br />the Executive Director of the Finance Agency and the City Attorney only if the total <br />expenditures have not exceeded total appropriations as approved by the City Council. <br />