07-Q Breakfast Opt Club Exhibit - Laserfiche WebLink

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FOR AND IN CONSIDERATION OF THESE PREMISES, and the mutual consideration as set out herein, CITY and SERVICE ORGANIZATION agree as follows: 1. Scope of Services SERVICE ORGANIZATION agrees to provide the following services to CITY during the term of this agreement: With respect to the operation of Woodall baseball field, to provide lighting in support of those activities customarily provided by the City of Paris for parks and recreational purposes, specifically youth baseball, for young persons in the City of Paris who desire to participate in baseball activities, thereby diminishing the activities of such young people in gang related activities, vagrancy, and other potentially detrimental and criminal activities. II. Compensation For and in consideration of these services, CITY agrees to pay to SERVICE ORGANIZATION, a one-time payment, in the amount of $5,000.00 to be paid to SERVICE ORGANIZATION within 30 days following an initial billing and invoice from SERVICE ORGANIZATION to CITY for said services. Said invoice shall be in a form and contain such information as CITY shall require. Upon receipt of the aforesaid one-time payment, SERVICE ORGANIZATION shall be obligated to provide said services throughout the term of this Agreement. III. Reporting By or before ninety (90) days prior to the termination of this Agreement as provided herein, SERVICE ORGANIZATION sha11 provide to CITY the following information in writing: 1. A financial statement, in such detail and containing such information as CITY sha11 require; 2. A report of the number of citizens of the City of Paris served and directly benefitted by the services provided under this Agreement during the previous nine (9) months of services, or such other similar information as the CITY sha11 require; 3. A projected scope of services and cost projection for performance for the same or similar services on behalf of CITY for an additional one year of service, should CITY desire to renew this Agreement with SERVICE ORGANIZATION at the end of the contractual term; 4. Any other information which CITY may reasonably require.