URBAN FUTURES, INC. 3-2014 - Laserfiche WebLink

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ihlflt INANt,4 ON rii f �N©RK NIIAY mor f b UNTIL INraURANi 1 RPlflra -G'.__..... ClkftK QF OOISNGti_ DATE'. p--t,6-04 AGREEMENT FOR PROVISION OF BOND CONTINUING DISCLOSURE SERVICES A-204-232 THIS AGREEMENT, made and entered into this 16th day of September, 2014 by and between Urban Futures, Inc., a California corporation (hereinafter "Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City"). RECITALS A. The City desires to retain a consultant having special skill and knowledge in the field of municipal financial services relating to bond continuing disclosure requirements. B. Consultant represents that Consultant is able and willing to provide such services to the City. C. In undertaking the performance of this Agreement, Consultant represents that it is knowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: 1. SCOPE OF SERVICES Consultant shall perform those services as set forth in the Proposal to Provide Continuing Disclosure Services, attached hereto as Exhibit A and incorporated by this reference. 2. DELIVERY OF WORK PRODUCT - OWNERSHIP Consultant warrants and represents that it has the absolute right to enter into and perform this Agreement and will perform its obligations hereunder in accordance with standards and practices prevailing in the industry. Consultant's contribution to the Project, including works to be produced by Consultant hereunder, will not infringe or misappropriate the proprietary or personal rights of any third person or party. Consultant shall deliver to City any work product which results from the services provided. Said work product shall be submitted in hard copy and produced in a form compatible with City's information systems, as agreed between the Project Manager and. Consultant. 3. COMPENSATION a. City agrees to pay, and Consultant agrees to accept as total payment for its services, the rates and charges identified in Exhibit A. The annual sum to be expended under this Agreement shall not exceed $5,500.00 per year, and the total sum expended shall not to exceed $16,500.00 during the three (3) year terra of this Agreement, b. Payment by City shall be made within thirty (30) days following receipt of proper invoice evidencing work performed, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of performance set 'forth in the Recitals which may reasonably be expected by City.