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<br />Mr. Christopher Russo, City Manager <br />City of Sunny Isles Beach <br />March 15,2004 <br />Page 7 <br /> <br />In the event that we determine to resign, and you seek damages allegedly resulting from such resignation, <br />our maximum liability to you in the event we are held liable because of such resignation shall be limited <br />to the fees actually paid to us to the date of resignation. <br /> <br />This contract is renewable at the option of the City of Sunny Isles Beach. We appreciate the opportunity <br />to be of continued service to the City of Sunny Isles Beach, Florida and believe this letter accurately <br />summarizes the significant terms of our engagement. If you have any questions, please let us know. If you <br />agree with the terms of our engagement as described in this letter, please sign the enclosed copy and <br />return it to us. <br /> <br />Sincerely, <br /> <br /> <br />bcca~ <br /> <br />Partner <br /> <br />RESPONSE: <br /> <br />This letter correctly sets forth the understanding of the City of Sunny Isles Beach, Florida. <br /> <br />BY:~7~ <br /> <br />Title: C \""l't' r'V\At\)~E.e <br /> <br />Date: <br /> <br />F:\04\11680\Engagement Letter <br /> <br />SIB <br /> <br /> <br />,{when <br />~;: rr''&Holtz <br /> <br />Accountants Advisors <br />