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Dates Covered <br />Monthly Char es <br />9/1/2025 <br />— 6/30/2025 <br />$57,866.00 <br />7/1/2026 <br />— 6/30/2027 <br />$60,760.00 <br />7/l/2027 <br />— 6/30/2028 <br />$63,798.00 <br />7/l/2028 <br />— 6/30/2029 <br />$66,988.00 <br />b. The total amount to be expended during the term of this Agreement shall not exceed <br />two million eight hundred seventy-seven thousand two hundred and twelve dollars and zero cents <br />($2,877,212.00). <br />C. The Parties agree and acknowledge that services rendered since September 1, 2025 <br />are intended to be paid through this Agreement. <br />d. Payment Schedule. Payment by City shall be made within forty-five (45) days <br />following receipt of proper invoice evidencing work performed, subject to City accounting procedures. <br />City and Consultant agree that all payments due and owing under this Agreement shall be made through <br />Automated Clearing House (ACH) transfers. Consultant agrees to execute the City's standard ACH <br />Vendor Payment Authorization and provide required documentation. Upon verification of the data <br />provided, the City will be authorized to deposit payments directly into Consultant's account(s) with <br />financial institutions, Payment need not be made for work which fails to meet the standards of <br />performance set forth in the Recitals which may reasonably be expected by City. <br />e. Inspection of Books and Records. Upon request by City, Consultant shall provide <br />time records and back up data and records verifying project costs and expenses, including out of pocket <br />third party expenses. <br />3. Term. The term of this Agreement is for a period of three and a half (3 1/2) years, <br />commencing on December 2, 2025 and terminating on June 30, 2029. <br />4. Termination. <br />a. The City may terminate this Agreement at any time, without cause, with ninety <br />days' written notice, <br />b. The City may terminate this Agreement for cause upon providing the Consultant <br />thirty (30) days written notice if: <br />(i) if the Consultant breaches any provision of this Agreement and does not <br />cure such breach within ten (10) days after written notice of the breach is given by the City; <br />(ii) in the event the Consultant's services, in the judgment of City, are <br />unsatisfactory; <br />(iii) in the event of the Consultant's failure to prosecute the work with diligence <br />or within the time limits specified in the contract documents and Consultant fails to cure this breach within <br />ten (10) days of being advised of the breach; <br />(iv) failure to procure or maintain insurance as required by this Agreement; or <br />Page 2 of 9 <br />