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Packet 20240220
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Last modified
3/22/2024 4:16:30 PM
Creation date
2/23/2024 4:27:18 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
2/20/2024
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Document Relationships
Good City Company CSA 20240213
(Amended)
Path:
\City Clerk\City Council\Agreements\2024
Reso 2024-013 Good City Company for Bay Fair TOD
(Amended)
Path:
\City Clerk\City Council\Resolutions\2024
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13A Action
Last modified:
3/22/2024 4:16:30 PM
Path:
\City Clerk\City Council\Agenda Packets\2024\Packet 20240220
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Page 2 <br />Section 2. COMPENSATION. City hereby agrees to pay Consultant a sum not to exceed <br />$1,800,000, notwithstanding any contrary indications that may be contained in Consultant’s <br />proposal, for services to be performed and reimbursable costs incurred under this <br />Agreement. In the event of a conflict between this Agreement and Consultant’s proposal, <br />attached as Exhibit B, regarding the amount of compensation, the Agreement shall prevail. <br />City shall pay Consultant for services rendered pursuant to this Agreement at the time and in <br />the manner set forth herein. The payments specified below shall be the only payments from <br />City to Consultant for services rendered pursuant to this Agreement. Consultant shall submit <br />all invoices to City in the manner specified herein. Except as specifically authorized by City in <br />writing, Consultant shall not bill City for duplicate services performed by more than one <br />person. <br /> <br />Consultant and City acknowledge and agree that compensation paid by City to Consultant <br />under this Agreement is based upon Consultant’s estimated costs of providing the services <br />required hereunder, including salaries and benefits of employees and subcontractors of <br />Consultant. Consequently, the Parties further agree that compensation hereunder is <br />intended to include the costs of contributions to any pensions and/or annuities to which <br />Consultant and its employees, agents, and subcontractors may be eligible. City therefore has <br />no responsibility for such contributions beyond compensation required under this <br />Agreement. <br /> <br />2.1 Invoices. Consultant shall submit invoices, not more often than once a month <br />during the term of this Agreement, based on the cost for services performed <br />and reimbursable costs incurred prior to the invoice date. Invoices shall <br />contain the following information: <br /> <br /> Serial identifications of progress bills; i.e., Progress Bill No. 1 for the first <br />invoice, etc.; <br /> <br /> The beginning and ending dates of the billing period; <br /> <br /> A Task Summary containing the original contract amount, the amount of <br />prior billings, the total due this period, the balance available under the <br />Agreement, and the percentage of completion; <br /> <br /> At City’s option, for each work item in each task, a copy of the applicable <br />time entries or time sheets shall be submitted showing the name of the <br />person doing the work, the hours spent by each person, a brief description <br />of the work, and each reimbursable expense; <br /> <br /> The total number of hours of work performed under the Agreement by <br />Consultant and each employee, agent, and subcontractor of Consultant <br />performing services hereunder; <br /> <br /> The Consultant’s signature; <br /> <br /> Consultant shall give separate notice to the City when the total number of <br />hours worked by Consultant and any individual employee, agent, or
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