O-1998-2227 - Laserfiche WebLink

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e e IV. ~1:YrBJ~ '67 ~ [j--' U The Finn further incorporates its written proposal to collect delinquent taxes into this contract and agrees to perform in accordance thereto. All activities performed by the Firm in connection with this contract (i.e. title research and publications costs are at no out of pocket costs to the taxing authority). v. The Finn recognizes Taxing Authority's desire to obtain Final Judgments and Orders of Sale on certain parcels of real property, more particularly described on Exhibit "A" attached hereto. Firm agrees to research titles, file suits, and diligently prosecute suits to final judgments and sale, on said parcels. These accounts will be worked evenly over the term of the agreement. VI. Taxing Authority agrees to pay the Firm as compensation for services required hereunder fifteen (15%) percent of the total amount of all delinquent taxes, penalty and interest which are subject to this contract and which are actually collected and paid to the Taxing Authority's Collector of Taxes, when such fifteen percent is recovered from the taxpayer. Other taxes, including current taxes, which are turned over to the Firm by the Taxing Authority's Tax Assessor- Collector because of the necessity offiling claims in Bankruptcy, with other federal authorities, or for other reasons, shall become subject to the terms of this contract at the time they are turned over to the Firm and the Finn is entitled to fifteen (15%) of any amounts of delinquent taxes, penalties, and interest actually received by the Taxing Authority and fifteen (15%) percent of current taxes actually received by the Taxing Authority when such fifteen percent is recovered from the taxpayer if collected prior to July 1st of any tax year, upon order of the Court. vn. Taxing Authority agrees to furnish to the Firm all data and information in its possession as to the name and address of the taxpayer, the legal description of the property, years and amount of taxes due. Taxing Authority further agrees to update said information by furnishing a list of paid accounts and adjustments to the Tax Roll as necessary. vm. This Contract shall commence on APRIL 1. 1998, and continue in force and effect until MARCH 31. 2001 with an option to Taxing Authority to renew for one additional two year term, and shall thereafter continue on a month to month basis; provided, however, that either party to this agreement shall have the right to terminate this agreement by giving the other party thirty (30) days written notice of their desire and intention to terminate this agreement; and further provided that the Firm shall have an additional six (6) months to collect or reduce to judgment all tax suits and/or claims filed prior to the date this agreement becomes terminated.