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COMMONWEALTH LAND TITLE CO. 2-2015
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COMMONWEALTH LAND TITLE CO. 2-2015
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Last modified
2/13/2018 4:20:42 PM
Creation date
6/30/2015 3:56:09 PM
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Contracts
Company Name
COMMONWEALTH LAND TITLE CO.
Contract #
A-2015-049
Agency
PUBLIC WORKS
Council Approval Date
4/7/2015
Expiration Date
3/31/2018
Insurance Exp Date
11/15/2018
Destruction Year
2023
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INSURANCE M ON FILE <br />WORK MAY W1 PROCEED <br />CLERK OF COUNCIL <br />(+ DATE: _ ze - 15 <br />CONSULTANT AGREEMENT <br />A-2015-049 <br />V THIS AGREEMENT, made and entered into thisday of April 2015 by and between <br />Commonwealth Land Title Company (hereinafter "Consultant"), and the City of Santa Ana, a <br />charter city and municipal corporation organized and existing under the Constitution and laws of <br />the State of California (hereinafter "City"). <br />`Z�4_ RECITALS <br />A. The City desires to retain a consultant having special skill and knowledge in the field of <br />title and escrow related services. <br />0 B. Consultant represents that Consultant is able and willing to provide such services to the <br />City. <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 be <br />expected from a professional consulting firm in the field. <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the <br />terms and conditions hereinafter set forth, the parties agree as follows; <br />1. SCOPE OF SERVICES <br />Consultant shall perform those services as set forth in Exhibit A'to this Agreement on an <br />"as -needed' basis. Consultant understands that within the scope of work defined herein that it is <br />being requested to perform title and escrow services for the City and in conjunction therewith to <br />issue Title Insurance Policies. The Consultant agrees to issue Title Insurance Policies in <br />conjunction with this work and City understands that any liability of Consultant is subject to all <br />Schedules, Exclusions, Exceptions, Covenants and Conditions contained in each policy. <br />The title services may be used from various agencies in the City. However, Title <br />company shall proceed work only when received Notice to Proceed frorn. Public Works Agency. <br />Any work done without Public Works Agency authorization shall not be compensated. <br />2. COMPENSATION <br />a. City agrees to pay, and Consultant agrees to accept as total payment for its services, <br />the rates and charges as set forth in Consultant's proposal as identified in Exhibit B. Consultant <br />has filed rates with the State of California and may not deviate from them. The total sum to be <br />expended under this Agreement shall not exceed $360,000 during the entire tenor of this <br />Agreement, including any extensions of the term of this agreement. <br />K 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 />
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