Agmt 2000 City of Oakland Port Commissioners (2)

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TDC:aaa 11121ao City's management firm for services provided pursuant to the contract and amendment(s) which are approved by the Port. The Port and the City shall meet and confer to . determine the form and type of information to be included in each City request for payment. The City's request shall contain a signed certification by the City that the payment requested is due under the City's Port- approved contract and amendments with the City's management contractor. Within 15 days after the Port receives the City's request for payment, the Port shall pay to the City all undisputed amounts and, for any disputed amounts, the Port shall provide to the City in writing the specific basis for the Ports dispute. But the Port shall have no obligation to fund any payments the City obligated to make as a result of the City's negligence, breach of legal obligation, breach of contract or other culpable. conduct. The Port agrees at the City's reasonable request from time -to -time, to consult with the City regarding the City's administration of the Program, and to participate on a selection panel for the Program management firm to be considered for retention by the City. 2) City's Administrative Costs: The Port agrees to pay to the City the lump sum . amount of $50,000 to cover the City's staff cost in administering the City's Program. The Port shall make the $50,000 payment to the City within 10 days after the Port's receipt from the City of a photocopy of the fully- executed contract between the City and the management firm together with a written request for the payment. The Port agrees to pay to the City an additional lump sum amount of $25,000 to cover the City's staff cost in administering the City's Program, subject to receipt of the City's request for the payment and so long as the Program will be in effect during the second year after execution of the management firm contract, upon the later of (i) 10 days after receipt of the request and (ii) commencement of the second year after full execution of the contract with the management firm. The City's request for payment shall not be City of San Leandro and Port of Oakland Settlement Agreement Page 5 29848