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INSURAVE ON FILE <br />WORK MAt PROCEED <br />UNfiiL INSURANCE EXPIRES". <br />dt"tEU-R OF COUNCIL <br />iyA. 9-,29 17 <br />a. F ins Co) <br />AGREEMENT FOR PROVISION OF <br />:BOND CONTINUING DISCLOSURE SERVICES <br />N-2017-206 <br />T141S AGREEMENT is made and entered into this 2211 day of August, 2017 by and between <br />Urban Futures, Inc., ("Consultant"), and the City of Santa Ana, a charter city and municipal <br />corporation organized and existing under the Constitution and laws of the State of California <br />("CitY„ ). <br />RECITALS <br />A. The City desires to retain a consultant having special skill and knowledge in the field of <br />municipal financial services relating to bond continuing disclosure requirements. <br />B. Consultant represents that it is able and willing to provide such services to the 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 municipal financial services relating to bond continuing <br />disclosure requirements as set forth in the Scope of Work, attached hereto as Exhibit A, and <br />incorporated by reference. <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 identified in Exhibit B. The annual sum to be expended under <br />this Agreement shall not exceed $2,375 per year. The total sum to be expended shall <br />not exceed $4,750 during the term of this Agreement. <br />b. Payment by City shall be made within 45 days (forty-five) days following receipt of <br />proper invoice evidencing work performed, subject to City accounting procedures. <br />Payment need not be made for work which fails to meet the standards of performance <br />set forth in the Recitals which may reasonably be expected by City. <br />3. TERM <br />This Agreement shall commence on September 17, 2017 and continue for a two (2) year <br />term through September 16, 2019, unless terminated earlier in accordance with Section 14, below. <br />The term of this Agreement may be extended upon a writing executed by the City Manager and <br />the City Attorney <br />Page 1 of 10 <br />