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<br />FINANCIAL CONSULTANT AGREEMENT <br />WITH DOUGLAS HAAG <br />NO. C0506-51 <br /> <br />THIS CONSULTANT AGREEMENT made and entered into this I 8~day of <br />- ,2006, by and between the CITY OF SUNNY ISLES BEACH, FLORIDA, a munici al <br />corporation of the State of Florida, (hereinafter referred as to "City") and DOUGLAS HAAG, <br />(hereinafter referred to as "Consultant"). <br /> <br /> <br />WHEREAS, Douglas Haag is a qualified finance advisor with extensive expenence II1 <br />financial matters; and <br /> <br />WHEREAS, the City wishes to employ Consultant to advise and assist with financial <br />matters more specifically described in Exhibit "A," attached hereto and made a part hereof; and, <br /> <br />WHEREAS, the Consultant is qualified, willing and able to provide the desired services on <br />the terms and conditions set forth herein; <br /> <br />NOW THERFORE, in consideration of the premIses and the mutual covenants herein <br />named, the pm1ies hereto agree as set forth below: <br /> <br />1. RECIT ALS. The Recitals set forth above are hereby incorporated into this Agreement and <br />made a part of hereof for reference. <br /> <br />2. SERVICES TO BE PERFORMED. Consultant shall perform the following services: <br /> <br />a. Review the City of Sunny Isles Beach Financial/IT prospective as well as those services <br />more particularly described in Exhibit "A" attached hereto and made a part hereof. <br /> <br />b. Consultant will prepare and present oral reports as needed or as requested on a periodic basis <br />while engaged in special projects for the City. Consultant shall provide on an as needed <br />basis, to the City Manager, a detailed narrative report delineating all services provided by <br />the Consultant in the previous month. Each rep0l1 required herein will be submitted to the <br />attention of the City Manager. <br /> <br />3. TERM. Subject to the provisions relating to the termination of this Agreement as set forth <br />in Paragraph 10 hereunder, the term of this Agreement shall be for a period not to exceed sixty (60) <br />days and shall begin after notification to proceed from the City Manager. The term of this <br />Agreement may be extended by mutual agreement of the parties. Any change in fee, terms or <br />conditions shall be accomplished by written amendment to this contract. <br /> <br />4. COMPENSA TION. Payment to Consultant for all charges and tasks under this Agreement <br />shall be in accordance with this Agreement and under the following conditions: <br /> <br />a. Reimbursements. The Consultant shall be reimbursed for actual out of pocket travel <br />expenses; specifically, air fare, taxi or car rental cost in the course of performing his <br />duties under this Agreement. Additionally, Consultant shall receive $150.00 per <br />diem to defray cost of lodging and meals. <br /> <br />SIB <br />