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City of Pleasanton <br />March 9, 1992 <br />Page 2 <br /> <br />hereinbelow, PLEASANTON shall deposit with DSRSD the sum of Ten Thousand and No/100 <br />Dollars ($10.000.00) which funds shall be credited to PLEASANTON and retained by DSRSD <br />as compensation for services rendered or for reimbursement of costs incurred by DSRSD, <br />including costs and expenses of contracted or subcontracted work; provided, that DSRSD shall <br />bill PLEASANTON for additional deposits, likewise in installments of Ten Thousand and <br />No/100 Dollars ($ I0,000.00), for said purposes; provided, further, that the sum on deposit with <br />DSRSD at any given time shall not exceed Twelve Thousand and No/100 Dollars ($12,000.00). <br />The maximum total of all installments shall be limited to Fifty Thousand and No/100 Dollars <br />($50,000.00) unless this agreement is amended by both parties. All funds, if any, remaining on <br />deposit upon completion of furnishing services by or for DSRSD hereunder shall be returned to <br />PLEASANTON. <br /> <br />Kindly acknowledge your agreement with the foregoing by signing the copy of this letter in the <br />space provided below and returning the signed copy. <br /> <br />For purposes of administering this agreement, kindly contact Mr. Bert Michalczyk, Technical <br />Services Manager, DSRSD. Meanwhile if you have any questions, please do not hesitate to call. <br /> <br />Very truly yours, <br /> <br />ROBERT D. BEEBE <br /> <br />General Manager <br /> <br /> ACCEPTANCE <br /> <br />The undersigned, for and on behalf of PLEASANTON hereby aCcepts and agrees to the above <br />terms and conditions. <br /> <br />DATED: City of Pleasanton <br /> <br />BY: <br /> <br /> <br />