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<br />AGREEMENT C-6-0692 <br /> <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br /> <br />ARTICLE 6. MAXIMUM OBLIGATION <br />Notwithstanding any provisions of this Agreement to the contrary, AUTHORITY and CITY <br />agree that AUTHORITY's maximum cumulative payment obligation hereunder (including CITY's <br />direct and indirect costs) shall be One Hundred Thousand Dollars ($100,000.00) which shall include <br />all amounts payable incurred solely for the purposes of the GO LOCAL Step 1 work. <br />ARTICLE 7. AUDIT AND INSPECTION <br />CITY shall maintain a complete set of records in accordance with generally accepted <br />accounting principles and in accordance with Local Transportation Ordinance Number 2: The <br />Revised Traffic Improvement and Growth Management Ordinance. The original records shall be <br />maintained within the CITY limits. Upon reasonable notice, CITY shall permit the authorized <br />representatives of the AUTHORITY to inspect and audit all work, materials, payroll, books, accounts <br />and other data and records of CITY for a period of not less than four (4) years after final payment, or <br />until anyon-going audit is completed whichever is longer. For purposes of audit, the date of <br />completion of this Agreement shall be the date of AUTHORITY's payment for CITY's final billing (so <br />noted on the invoice) under this Agreement. AUTHORITY shall also have the right to reproduce any <br />documents related to this Agreement by whatever means necessary. <br />ARTICLE 8. INDEMNIFICATION <br />CITY shall indemnify, defend and hold harmless AUTHORITY, its officers, directors, <br />employees and agents from and against any and all claims (including attorney's fees and reasonable <br />expenses for litigation or settlement) for any loss or damages, bodily injuries, including death, <br />worker's compensation subrogation claims, damage to or loss of use of property caused by the <br />negligent acts, omissions or willful misconduct by CITY, its officers, directors, employees or agents <br />in connection with or arising out of the performance of this Agreement. <br />/ <br />/ <br />/ <br /> <br />7 <br /> <br />8 <br /> <br /> <br />9 <br /> <br /> <br />10 <br /> <br /> <br />11 <br /> <br /> <br />12 <br /> <br /> <br />13 <br /> <br /> <br />14 <br /> <br /> <br />15 <br /> <br /> <br />16 <br /> <br /> <br />17 <br /> <br /> <br />18 <br /> <br /> <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br /> <br />Page 6 of 13 <br />