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PROFESSIONAL SERVICES AGREEMENT BETWEEN THE <br /> CITY SUNNY ISLES BEACH and RAFTELIS FINANCIAL CONSULTANTS, INC. <br /> CONTRACT NO. C1213-072 /,� <br /> This Consulting Agreement ("Agreement") is entered into this (T day of (�Cl� , 2013 <br /> (hereinafter referred to as the effective date of the agreement) by and between the City of Sunny <br /> Isles Beach, Florida (the "City") and Raftelis Financial Consultants, Inc., 950 S. Winter Park Drive, <br /> Suite 240, Casselberry, Florida 32707 ("RFC" or the "Consultant"). <br /> Witnesseth <br /> WHEREAS, RFC has substantial skill and experience in community infrastructure cost <br /> apportionment, finance, and pricing, and <br /> WHEREAS, The City desires to hire RFC and RFC desires to provide services to the City, <br /> NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is <br /> hereby acknowledged, the Parties agree to the terms and conditions set forth herein. <br /> Article 1. Statement of Work <br /> RFC shall provide professional consulting services to prepare: (i)a draft preliminary assessment roll <br /> for review by the City and; and (ii) preparation of final preliminary assessment roll and adoption <br /> assistance. RFC together with Susan Schoettle-Gumm, Attorney, will perform the services as set <br /> forth in more detail in Tasks 1 and 2 of Attachment A. <br /> Article 2. Time for Completion <br /> This agreement will commence upon approval by the City and remain in effect for a period of one <br /> year. Further renewals of this Agreement are at the option of the Parties and shall be in writing. <br /> Article 3. Compensation <br /> City shall pay to RFC for Task 1 a lump sum of Ten Thousand Dollars ($10,000.00) including <br /> reimbursable expenses and for Task 2 a lump sum fee of Ten Thousand Dollars ($10,000.00) <br /> including reimbursable expenses. The parties understand that these sums are based upon the scope <br /> of work contained herein at RFC's current Standard Billing Rates included in Attachment B. Any <br /> expansion of the scope of work or Additional Services requested by or resulting from the City shall <br /> involve the discussion of additional fees by both parties. <br /> RFC shall submit invoices to the City on a monthly basis for services rendered to the date thereof. <br /> Such invoices shall be supported by appropriate documentation: if a lump sum fee the percent <br /> complete; otherwise at a minimum, the task performed, the individuals working on such task, the <br /> level of each such individual, and expenses incurred. Upon receipt of monthly invoice, the City <br /> shall pay RFC in accordance with the Florida Prompt Payment Act. <br /> Page 1 of 8 <br /> ll <br /> J <br />