15 - Professional Services Agreement with North Star Place Branding & Marketing

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Pa ment for Services Total payment for services described herein shall be a sum not to exceed Eighty-five Thousand and No/100 Dollars ($85,000.00). This total payment for services includes CONSULTANT's expenses. CONTRACTOR represents that it can complete the Project within four hundred and forty-three (443) hours. CONTRACTOR will bill for any additional requests for services made by CITY over and above the provision of the Project documents at the rate of $185.00 per hour, but will not undertake any such services without the prior written approval of CITY. CITY will pay CONSULTANT said $85,000.00 fee in equal monthly installments of $9,500.00 for a period of 7 months and shall pay the remaining balance of $18,500.00 upon completion of the project. The first such installment shall be due on the 28th day of February, 2022, with like installments being due on the 28th day of each of the succeeding 6 months. To aid CITY in processing each installment, each month, CONSULTANT will submit to CITY an invoice for that month's installment of $9,500.00 within 10 days of the date said installment becomes due and owing. Nothing contained in this Contract shall require CITY to pay for any work that is unsatisfactory as determined by CITY or which is not submitted in compliance with the terms of this Contract, nor shall failure to withhold payment pursuant to the provisions of this section constitute a waiver of any right, at law or in equity, which CITY may have if CONSULTANT is in default, including the right to bring legal action for damages or for specific performance of this Contract. Waiver of any default under this Contract shall not be deemed a waiver of any subsequent default. IV. Revisions of the Scope of Services CITY reserves the right to revise or expand the scope of services after due approval by CITY as CITY may deem necessary, but in such event CITY shall pay CONSULTANT equitable compensation for such services. In any event, when CONSULTANT is directed to revise or expand the scope of services under this Section of the Contract, CONSULTANT shall provide CITY a written proposal for the entire cost involved in performing such additional services. Prior to CONSULTANT undertaking any revised or expanded services as directed by CITY under this Contract, CITY must authorize in writing the nature and scope of the services and accept the method and amount of compensation and the time involved in all phases of the Project. It is expressly understood and agreed by CONSULTANT that any compensation not specified in Paragraph III hereinabove may require approval by the City Council and is subject to the current budget year limitations. Professional Services Contract North Star Place Branding & Marketing Page 2 of 13