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<br />AGREEMENT FOR SERVICES BY AND BETWEEN
<br />THE CITY OF LA PORTE, TEXAS, T AX INCREM~NT REINVESTMENT ZONE NUMBER ONE,
<br />CITY OF LA PORTE, TEXAS AND THE LA PORTE REDEVELOPMENT AUTHORITY
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<br />TH'IS AGREEMENT (this "Agreement"), effective as of o:~{) ,2001/, is made by and between
<br />the CITY OF LA PORTE, TEXAS, a municipal corporation and a home-rule city in the State of Texas (the "
<br />"CITY"); REINVESTMENT ZONE NUMBER ONE, CITY O~ LA PORTE, TEXAS"a reinvestment zone
<br />created by the City pursuant to Chapter 311, Texas Tax Code (the "ZONE"); and the LA PORTE, '
<br />REDEVELOPMENT AUTHORITY, a nonprofit local govermnent corporation organized and existing under '
<br />the laws of the State of Texas (the "AUTHORITY"),' , . , .
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<br />RECITALS "
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<br />WHEREAS, th,~ CITY, ZONE, and AUTI:iOR~TY have p~eviously ~n'tered into an Agre,~~ent~ and
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<br />. , WHEREAS, the CITY and the ZONE desire to secure serVices ~ftlie, CITY tq assist the AUTHORITY
<br />, , ' in its duties described in its Agreement with the CITY an~ ZONE; , . : .
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<br />NOW, THEREFORE, for and 'in cons~deration of the mutual updertakings ~erein con~ained, the'
<br />, AUTHORITY and CITY a8I:ee as fonows: : .. , ' , , ..' .,,',..:',..' . . " ,':
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<br />. CITY agrees to aSsist the AUTHORITY in its scope 'of services as defined by Section II and Section IV of the
<br />"AGREEMENT BY AND BETWEEN THE CITY OF LA PORTE, TEXAS, REINVESTMENT ZONE
<br />NUMBER ONE, CITY OF LA,PORTE, TEXAS, AND THE LA PORTE REDEVELOPMENT
<br />AUTHORITY" for a term of one (1) year commencing with an option to renew this agreement for two, ",
<br />. additional one (1) year terms, subject, to the agreement of both parties. This !lgreement is subject to' .'
<br />terinin~tion at any .time without cause by either P.arty giving ninety (90)-day written notice to the other: . ,
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<br />, ':: II.
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<br />CITY shall receive compensation for ~ervices ~eferred to in Sect~on I above in an amount equal to the direct, '
<br />salary costs plus 5% of City personnel perfonning services anticipated by this agreement.' 'Payment for these,
<br />seI:Vices shall be made annuallY',upon termination, or otherwise agreed to in writing by both parti~s.,
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<br />Reimbw.sable expenses such as consul~t's f~s, supplies and materials ~hali be billed at cost pl~s 5% and
<br />paid within thirty (30) days of invoice or as determined by separate agreement with consultant or provider. .
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<br />III.
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<br />CITY will procure, to AUTHORITY'S account.; supplies, materials, equipment, and services, utilizing funds
<br />allocated in AUTIlORITY'S approved budget (Tax Increment Reinvestment Zone Fund), for the !jiervices ,
<br />provided by the CITY on behalf of AUTHORITY. CITY shall confonn to all applicable purchasing laws of
<br />the State of Texas in the procure~~nt of all s,upplies and materials nec~ssary for the services provided.
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