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II. Funding <br />For and in consideration of these services, CITY agrees to provide partial funding to the <br />SERVICE ORGANIZATION, in the form of a one-time payment, in the amount of $12,000.00 to be <br />paid to SERVICE ORGANIZATION within 30 days following an initial billing and invoice from <br />SERVICE ORGANIZATION to CITY for said services. Said invoice shall be in a form and contain <br />such information as CITY shall require. Upon receipt of the aforesaid one-time payment, SERVICE <br />ORGANIZATION shall be obligated to provide said services throughout the term of this Agreement. <br />III. Reporting <br />No later than ninety (90) days prior to the termination of this Agreement as provided <br />herein, SERVICE ORGANIZATION shall provide to CITY the following information in writing: <br />1. A financial statement, in such detail and containing such information as CITY shall <br />require; <br />2. A report of the number of citizens of the City of Paris served and directly benefitted by <br />the services provided under this Agreement during the previous nine (9) months of <br />services, or such other similar information as the CITY shall require; <br />3. A projected scope of services and cost projection for performance for the same or <br />similar services on behalf of CITY for an additional one year of service, should CITY <br />desire to renew this Agreement with SERVICE ORGANIZATION at the end of the <br />contractual term; <br />4. Any other information which CITY may reasonably require. <br />IV. Agreement Term <br />This Agreement shall begin on October 1, 2008 and end on September 30, 2009. <br />V. Termination. <br />This Agreement may be terminated by either party hereto at any time upon ten (10) days <br />written notice of termination to the other party. Such notice may be delivered personally to the <br />address shown in this agreement or by forwarding said notice to the other party by certified mail, <br />return receipt requested and shall be effective ten (10) days following receipt thereof by the other <br />party. If the SERVICE ORGANIZATION TERMIIVATES THE Agreement prior to providing the <br />services required herein, the SERVICE ORGANIZATION shall refund that portion of the one-time <br />payment received ($12,000) on a pro rata basis. <br />VI. Release/Indemnification <br />By the entering into this Agreement, SERVICE ORGANIZATION agrees to in all things <br />release, indemnify and hold CITY, its officers and employees, harmless from any and all liability, <br />claims of liability, suits, claims of suit, or other similar acts arising out of or in any way related to <br />SERVICE ORGAIVIZATION's activities and actions under this Agreement, including claims of <br />negligence or other similar claims. <br />. 000064 <br />