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~ ~ <br />The City and the District currently utilize the same firm as their individual <br />Delinquent Collection Attorney. It is anticipated, but not required, that the <br />City will extend its contract with said firm to coincide with the contract end <br />date the District has with the firm. Upon expiration of the District contract <br />with the firm, continuance with the firm or selection of a new firm can be made <br />separately by the respective governing bodies of the City and District. However, <br />recommendations for selection of one firm to provide tax collection services for <br />both the City and the District may be made by a committee consisting of two City <br />Council Members and two District Trustees. Staff will recommend to the <br />aforementioned committee qualified candidates. <br />VIII. <br />TERM OF AGREEMENT <br />This agreement shall be for an initial term of three (3) years, commencing on <br />August 1, 1994 and continuing through July 31, 1997. Either party may cancel <br />this agreement by providing 180 days written notice to the presiding officer of <br />the governing board of the other party. After the expiration of the initial <br />three year term, the agreement will continue on a year to year basis unless <br />terminated pursuant to this provision. <br />IX. <br />COMPENSATION <br />The City hereby agrees to accept as compensation and the District agrees to pay <br />to City as full compensation, the sum of Three Dollars and Sixty Cents ($3.60) <br />for each separate assessed item on the tax roll of the District, as reported by <br />the HCAD in its first certified roll and includes both those accounts certified <br />and uncertified. District shall pay City by February 28th for the tax year just <br />billed. City may retain all fees received for issuance of tax certificates on <br />District tax accounts, to compensate City for the cost of the issuance of such <br />tax certificates. <br />WITNESS 6Un HANDS, this 11th day 'of July, 1994. <br />City of La Porte <br />By: Q T: ~~ Suly ~I I~ia~{ <br />City Manager Date <br />ATTEST: <br />City Secretary ate <br />La Por a Inde endent School District <br />By: <br />residen Board of Trustees Date <br />ATTEST: ~ <br />~~~-y~ <br />Secretary Date <br />