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<br />Article 4-Compensation <br />What the City will pay MuniServices for the Franchise Fee Compliance Review <br />MuniServices shall provide its Franchise Fee Audit Service on a performance-based pricing approach which places <br />³§¤ ϭ¨­ ­¢¨ « ±¨²ª  ­£ ®¡«¨¦ ³¨®­ ³® ¯¤±¥®±¬ ®­ -´­¨3¤±µ¨¢¤² and eliminates for the City any out-of-pocket <br />expenses. <br />The Franchise Fee Audit Services shall be provided on a one-time performance-based contingency fee, as shown in <br />the table below, of the additional revenue received by the City as a result of our Franchise Fee Compliance Review <br />Services. The contingency fee will apply to the current tax year, all eligible prior period revenues, and include any <br />applicable penalties, interest, late charges and any other associated fees. <br /> <br />#®­³¨­¦¤­³ &¤¤ ®­ ϭ¨­£¨­¦² ´¯ ³® ͡ΒΏΏ+ #®­³¨­¦¤­³ &¤¤ ®­ ϭ¨­£¨­¦² ¦±¤ ³¤± ³§ ­ ͡ΒΏΏ+ <br />35% 25% <br /> <br />These fees include any out-of-pocket expenses or travel-related expenses. We will invoice the City upon issuance of <br />³§¤ ϭ¨­ « ±¤¯®±³ ³® ³§¤ #¨³¸ȁ <br />Additional Consulting <br />The City may request that MuniServices provide additional consulting services at any time during the term of the <br />Agreement. If MuniServices and City agree on the scope of the additional consulting services requested, then <br />MuniServices will provide the additional consulting on a Time and Materials basis. Depending on the personnel <br />assigned to perform the work, standard hourly rates range from $75 per hour to $300 per hour. <br />4§¤ ¥®««®¶¨­¦  ±¤ ² ¬¯«¤ §®´±«¸ ± ³¤² ¡ ²¤£ ®­ ³§¤ ©®¡ ¢« ²²¨ϭ¨¢ ³¨®­Ȁ <br />Principal: $300 per hour <br /> <br />Client Services: $250 per hour <br /> <br />Information Technology (IT) support: $200 per hour <br /> <br />Operational Support: <br /> <br />o Director: $175 per hour <br />o Manager: $150 per hour <br />o Senior Analyst: $125 per hour <br />o Analyst: $100 per hour <br />o Administrative: $75 per hour <br /> <br />The additional consulting services will be invoiced at least monthly based on actual time and expenses incurred. <br />The reimbursable expenses will receive prior approval from the City and will be reimbursed at cost to <br />MuniServices. <br />Article 5 City Obligations <br />The City shall provide MuniServices with a letter of authorization from the City, copies of the franchise agreements, <br />amendments, and any subsequent agreements relating to franchise fee collection, any prior reports prepared by <br />the internal or external auditors which concern the computation or methodologies for computing franchise fee, <br />and a history of franchise payments made by providers to the City. <br />review, based on an interpretation of the applicable franchise fee agreement, ordinance, or state regulations as a <br />point of law, the City may need to provide or engage separate legal representation. MuniServices does not provide <br />legal advice or representation, but is prepared to provide support. <br />La Porte, TX FF 021214 6 <br /> <br /> <br /> <br />