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CONTRACT FOR CONSULTING/APPRAISAL SERVICES
BRUCE C. ALLEN & ASSOCIATES, INC., herein referred to as the "Consultant," and
the CITY OF PORT ANGELES, herein referred to as the "Client," hereby agree and
contract as follows:
I. Contract Work
The Consultant will provide a Summary Report - Complete Appraisal of
the Niichel property located in Port Angeles, Washington.
The purpose of the appraisal is to provide an opinion of the current market
value of the property. The Consultant will provide the Client with a
Summary Report - Complete Appraisal within 45 days of your
authorization to proceed.
II. Contract Sum
The Consultant will perform the services outlined above on a fIxed fee
basis not to exceed $5,000 ($5,800 if Leased Fee analysis is desired). If
further consultation or court testimony is required, the additional charge
is $200 per hour.
III. Time of Payment
The Consultant shall submit a statement at the completion. Payment
shall be due on the date of the statement and shall be deemed delinquent if
not made within 30 days of the due date. Delinquent payments shall
accrue interest at the rate of 12% per annum from the due date. Should it
be necessary for the Consultant to employ the services of an attorney or
begin legal proceedmgs to collect any delinquent payments, the Client
shall be liable to the Consultant for a reasonable attorney's fee and the
court costs incurred.
IV. Termination
In the event the consulting services are stopped by the Client at any time,
the Consultant's fee shall be calculated, due and payable on the basis of
the Consultant's fee schedule in effect on the date of the contract, and the
actual hours and direct non-salary expenses incurred to the date of
termination.
July 11, 2005
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By:
BRUCE C. ALLEN & ASSOCIATES, INC.
DATE
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Bruce C. Allen & Associates, Inc.
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