RES 70129 - Laserfiche WebLink

e. Second Party agrees that there shall be included in the amount of the fee provided to be paid opinion to the purchaser or purchasers of bonds which may be issued in the proceedings. 3o The fee provided for herein does not include out- of-pocket expenses of Second Party for transportation, communica- tion or other out-of-pocket expenses, or for any services in connection with litigation. 4. Second Party shall receive~as compensation for the services herein agreed to be provided the sum of three per cent (3%) of the "project cost,"as shown on the Engineer's Estimate of Cost on file in the proceedings at the time of the confirmation of the district. "Project Cost" is defined to include construction costs, acquisition costs, utility deposits and contin- gency funds. It shall not include incidental expenses or bond discount, but in no event shall said compensation be less than $1,500.00. 5. The fee herein provided for shall not include any services in connection with acquisition of rights-of-way or pro- ceedings in eminent domain. Any services rendered by Second Party in connection with the acquisition of land for rights-of- way or eminent domain proceedings, including all costs in connec- tion with such acquisitions, shall be paid for in addition to fees and shall be payable in the same manner as herein provided for, other fees. 6. In the event said proceedings are not carried through to conclusion, or shall be abandoned, then Second Party shall re- ceive nothing. IN WITNESS I~{EREOF, the parties hereto have hereunto subscribed their names, First Party by the Mayor of said City of