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EXHIBIT B <br />PAYMENT SCHEDULE <br />The City shall pay contractor an amount based on a <br />percentage of the new revenue produced for the City. MRC's fee <br />for providing the enhancement audit service is 25% of the new <br />sales/use tax revenue realized by the City as a result of MRC <br />detecting and correcting the related point-of-sale/use <br />distribution error. Said. 25% applies to each correction for fund <br />transfers (i.e., retroactive adjustments for eligible amounts <br />improperly distributed in prior quarters) and the first six <br />consecutive reporting quarters following completion of the audit <br />by MRC and confirmation of corrections by the State Board of <br />Equalization. <br />Sales/use tax audit invoices are submitted quarterly after <br />the city has received the revenue from the correction and <br />quarterly distribution report verifying it.. Each invoice is to <br />include the business name, .permit number, local allocation amount <br />received by the City and amount due MRC. Invoices are due and <br />payable upon receipt. <br />MRC shall provide. the. Sales Tax Inquiry System and STARS <br />reports for $1,250 per quarter, payable only after the City has <br />received the Sales Tax Inquiry System, STARS report(s) and <br />sufficient funds to cover the charges from the City's share of <br />new tax revenue produced from.MRC's audit service. <br />The total sum stated above shall be the total which City <br />shall pay for the services to be rendered by Contractor pursuant <br />to this Agreement. City shall not pay any additional sum for any <br />expense or cost whatsoever incurred by Contractor in rendering <br />services pursuant to this Agreement. <br />9/26/88 Rev; 1/10/90 Rev. <br />2/6/90 Rev.; 5/15/92 Rev.. <br />Exhibit B <br />Page 1 of 2 <br />