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RES 74070
City of Pleasanton
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CITY CLERK
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1970-1979
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1974
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RES 74070
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1/23/2001 7:55:35 PM
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1/5/2001 12:09:56 AM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
4/22/1974
DOCUMENT NO
RES 74070
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3. The fee provided for herein does not include out-. <br />of-pocket expenses of Second Party for transportation, communica- <br /> <br />tion or other out-of-pocket expenses, or for any services in con- <br />nection with litigation. <br /> <br />4. Second Party shall receive. as compensation forthe <br /> <br />services heroin agreed to be provided the sum of three per cent <br /> <br />(3%) of the first $1,500,000.00 of project cost,.plus two per cent <br />(2%) of the next $1,000,000.00 of project cost, and one per cent <br /> <br />(1%) of the balance over and above $2,500,000.00 of the project costs. <br /> <br />"Project Cost" is defined to include construction costs, acquisition <br /> <br />costs, utility deposits and contingency funds as shown on ~he final' <br /> <br />Engineer's Report and Estimate of Cost approved by First Party and <br /> <br />on file in the proceedings at the time of confirmation of the assess- <br /> <br />ment district. "Project Cost" shall not include: <br /> <br />to wit: <br /> <br /> (a) Incidental expenses; <br /> <br /> (b) The amount Of any bond discount. ' <br /> <br />Said compensation shall be payable in the following manner, <br /> <br /> (a) 95% shall bepayableupOn receipt of the proceeds of <br /> assessments levied and bonds issued in said proceedings; <br /> <br /> (b) 5% shall bepayable upon acceptance of the work. <br /> At the time of this final payment, the "Project Cost," <br /> hereinabovereferred to, shall be revisedto reflect <br /> the total actual amount expended for construction costs <br /> and acquisition costs , and the fees shall be adjusted-~ <br /> in accordance therewith. <br /> <br />5. The fee herein provided for shall not include any <br /> <br />services in connection with acquisition of rights-of-way or proceed- <br /> <br />ings in eminent domain. Any services rendered by Second Party in <br /> <br />connection with the acquisition of land for rights-of-way or eminent <br />domain proceedings, including all costs in connection with such <br /> <br />acquisitions, shall be paid for in addition to fees herein provided <br /> <br />for, and shall be payable in the same manner as other fees. <br /> <br />Second Party certifies that it has no interest, either <br /> <br />direct or indirect, in any property or matter involved in the <br /> <br /> <br />
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