HomeMy WebLinkAboutContract - 07/10/1996 - 777 Cathedral jty
AGREEMENT
This Agreement is made and entered into as of the 10th day of July, 1996, by and between
the CITY OF CATHEDRAL CITY, CALIFORNIA, a municipal corporation hereinafter
called CITY, and HdL Coren & Cone, a California Corporation hereinafter called
CONTRACTOR.
SERVICES
The CONTRACTOR shall perform the following services:
PO ENT XALIPIT
1.
Pursuant to the City's authorization, on a monthly basis, Contractor
will review Documentary Transfer Tax remittance detail and compare
all qualifying transfers of ownership by deed to those for which the
City has received payment. To the extent that remittance detail is
available misallocations may be recovered for each of the past three
years.
2. Those transfers which are coded to the City and which have not
resulted in taxes being remitted to the City will be identified monthly
and submit to the City for review and final transmittal to the
appropriate County agency for correction action.
When the taxes are remitted to the City as a result of this audit review,
they will be identified on the County remittance detail. A copy of the
city's remittance detail will be forwarded to HdL Coren& Cone so
that invoicing related to the corrections can be submitted to the City
for payment.
CONSIDERATION
Contractor shall be paid a fee of 25 percent of the amount of revenue
r• overed for Documentary Transfer Tax Revenues, The City will pay only
for those corrections identified, approved and corrected on the City's behalf
by Hdl, Coren & Cone, This fee will be paid from funds received, when
received.
TE ' 'NATION
This Agreement may be terminated by either party giving 30 days written notice to the other
of such termination arid specifying the effective date thereof Upon the presentation of such
notice, CONTRACTOR may continue to work through the date of termination. Upon
termination as provided herein, CONTRACTOR shall be paid the value of all tax analysis and
reporting work performed less payments previously made by CITY. In ascertaining the value
of the work performed up to the date of termination, consideration shall be given to amounts
due for any unpaid invoices, and to parcel identified by CONTRACTOR which may result in
increased or reallocated revenues after the termination of the Agreement. After CITY
receives said tax payments. CONTRACTOR shall be paid for the percentage work as
previously authorized and satisfactorily performed at the times provided in the preceding
section entitled "Consideration".
INDEMNWICATIL0N
Contractor hereby agrees to, and shall hold CITY, its elective and appointive boards, officers,
agents and employees, harmless from any liability for damage or claims for damage for
personal injury, including death, as well as from claims for breach of confidentiality or
property damage which may arise form CONTRACTOR'S willful or negligent acts, errors
or omissions or those of its employees or agents. CONTRACTOR agrees to and shall defend
CITY and its elective and appointive boards, officers, agents and employees from any suits
or actions at law or in equity for damages caused, or alleged to have been caused, by reason
of any of the aforesaid willful or negligent acts, errors or omissions. CITY hereby agrees to,
and shall hold CONTRACTOR, its officers,. :gents and employees, harmless from any liability
for damage or claims for damage for personal injury, including death as well as from claims
for breach of confidentiality or property damage which may arise from CITY'S negligent acts,
errors or omissions under this Agreement. CITY agrees to and shall defend CONTRACTOR
and its officers,agents and employ- s from any suits or actions at law or in equity for damage
caused, or alleged to have been caused, by reason of any of the aforesaid negligent acts,
errors or omissions.
Cathedral Ity
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NOTICE
All notices required by this Agreement shall be given to CITY and CONTRACTOR in
writing, by personal delivery or first class mail postage prepaid, addressed as follows:
CITY CITY OF CATHEDRAL CITY
Attn: Finance Director
PO Box 5001
Cathedral City, CA 92235
(619)770-0354
CONTRACTOR HdL COREN& CONE
Lynell Soladay, DTT Program Administrator
1340 Valley Vista Drive, Suite 200
Diamond Bar, California 91765
(909)861-4335
IN SS WHEREOF, the parties hereto have caused this Agreement to be executed on
the date first above written by their respective officers duly authorized in that behalf.
CITY OF CA/THEDRAL CITY
.,4122'
.' LI Mana,er Mayor
,
City Clerk
Approved a>sZform; Approved as to content:
City Attorne ' Finance Director
CONTRACTOR:
HdL COREN& CONE Cathedral Hay
A California Corporation
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