03-28-05 Regular Meeting of La Porte Development Corporation

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AGREEMENT FOR SERVICES BY AND BETWEEN THE CITY OF LA PORTE, TEXAS, AND THE LA PORTE DEVELOPMENT CORPORATION (SECTION 4B ~ CENT SALES TAX) THIS AGREEMENT (this "Agreement"), effective as of ,2005, is made by and between the CITY OF LA PORTE, TEXAS, a municipal corporation and a home-rule city in the State of Texas (the "CITY"); and the LA PORTE DEVELOPMENT CORPORATION, a nonprofit local government corporation organized and existing under the laws of the State of Texas (the "CORPORATION"). RECITALS WHEREAS, the CITY and the CORPORATION have previously entered into an Agreement; and WHEREAS, the CITY and the CORPORATION desire to secure services of the CITY to assist the CORPORATION in its duties described in its Agreement with the CITY; NOW, THEREFORE, for and in consideration of the mutual undertakings herein contained, the CORPORATION and CITY agree as follows: I. CITY agrees to assist the CORPORATION in its scope of services as defined by Section II and Section IV of the "AGREEMENT BY AND BETWEEN THE CITY OF LA PORTE, TEXASAND THE LA PORTE DEVELOPMENT CORPORATION" for a term of one (1) year commencing with an option to renew this agreement for two additional one (1) year terms, subject to the agreement of both parties. This agreement is subject to termination at any time without cause by either party giving ninety (90)-day written notice to the other. II. CITY shall receive compensation for services referred to in Section I above in an amount equal to the direct salary costs plus 5% of City personnel performing services anticipated by this agreement. Payment for these services shall be made annually, upon termination, or otherwise agreed to in writing by both parties. Reimbursable expenses such as consultant's fees, supplies and materials shall be billed at cost plus 5% and paid within thirty (30) days of invoice or as determined by separate agreement with consultant or provider. III. CITY will procure, to CORPORATION'S account, supplies, materials, equipment, and services, utilizing funds allocated in CORPORATION'S approved budget (La Porte Development Corporation - Section 4B Yz Cent Sales Tax Fund), for the services provided by the CITY on behalf of CORPORATION. CITY shall conform to all applicable purchasing laws of the State of Texas in the procurement of all supplies and materials necessary for the services provided. IV.