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<br />1.5.7 An initial payment of WA Dollars ($ ) shall be made upon execution of this <br />Agreement and is the minimum payment under this Agreement. It shall be credited to the <br />Owner's account at fmal payment. Subsequent payments for services shall be made monthly, <br />and where applicable, shall be in proportion to services performed on the basis set forth in this <br />Agreement. / <br /> <br />1.5.8 Payments are due and payable ~ ( .30. ) days from the date of the Architect's <br />invoice. Amounts unpaid ~ ( .30. ) days after the invoice date shall bear interest at the rate <br />entered below, or in the absence thereof at the legal rate prevailing from time to time at the <br />principal place of business of the Architect. <br />(Insert rate of interest agreed upon.) <br /> <br />(Usury laws and requirements under the Federal Truth in Lending Act, similar state and local consumer credit laws <br />and other regulations at the Owners and Architects principal places of business, the location of the Project and <br />elsewhere may affect the validityof this provision. Specific legal advice should be obtained with respect to deletions or <br />modifications, and also regarding requirements such as written disclosures or waivers.) <br /> <br />1.5.9 If the services covered by this Agreement have not been completed within Thirty-six ( <br />36 ) months of the date hereof, through no fault of the Architect, extension of the Architect's <br />services beyond that time shall be compensated as provided in Paragraph 1.502. <br /> <br />This Agreement entered into as of the day and year first written above. <br /> <br />OWNER (Signature) <br />Michael Malone, City Manager <br /> <br />ARCHITECT (Signature) <br />Dwayne Brinkley. Principal <br /> <br />(Printed name and title) <br /> <br />(Printed name and title) <br /> <br />...,S <br /> <br />() 1917, 1926, 1948, 1951, 1953, 1958, 1961, 1963, 1966, 1967, 1970, 1974, 1977, 1987, () 1997 by The Amencan <br />Institute of Architects. Reproduction of the material herein or substantial quotation of its provisions <br />without written permission of the AlA violates the copyright laws of the United States and will subject the <br />violator to legal prosecution. WARNING: Unlicensed photocopying violates U.S. copyright laws and will <br />subject the violator to legal prosecution. This document was electronically produced with permission of the <br />AlA and can be reproduced in accordance with your license without violation until the date of expiration as <br />noted below. User Document: b141 - 512212002. AlA License Number 1121922, which expires on 1013112002. <br />11 <br /> <br />This document has imPortant legal <br />consequences. Consultation with an <br />attorney is encouraged with respect to <br />its completion or modification. <br />AUTHENTICATION OF THIS <br />ELECTRON/CALLY DRAFTED AlA <br />DOCUMENT MAYBE MADE BY USING <br />AlA DOCUMENT 0401. <br /> <br />~~. <br />~'I':. <br />-.; .......... <br />- <br /> <br />@ 1997 AIM) <br />AlA DOCUMENT 8141 - 1997 <br />STANDARD FORM AGREEMENT <br /> <br />.. <br /> <br />The American Institute of Architects <br />1735 New York Avenue N'w. <br />Washington, D.C. 20006-5292 <br />