RES 87056 - Laserfiche WebLink

relations, including any proposed revision of Rules and Regulations governing employee relations; and, on IEDA's own initiative, recommends such changes or actions as it may deem advisable. K. In general, acts as the jurisdiction's labor relations representative, subject to the direction of the jurisdiction's management and its City Council. 2. ASSIGNMENT TO SUBSIDIARY It is agreed that the Association shall have the right to assign its interest in this agreement to its subsidiary, IEDA, Inc., which is controlled and staffed by the Association. 3. PAYMENT A. The City agrees to pay the Association and the Association agrees to accept in full and complete payment for all services rendered under this agreement the sum of Nineteen Thousand Forty-Two Dollars and No Cents ($19,042.00) per year. B. Payment of the annual fee shall be made in three (3) equal installments of Six Thousand Three Hundred Forty-Seven Dollars and Thirty-Three Cents ($6,347.33) each on February 9th, June 9th, and October 9th of each year, commencing on February 9, 1987. 4. TERM This agreement shall be effective February 9, 1987 and shall remain in effect until such time as either the City or the Association my exercise the provisions of Item 5 below. 5. TERMINATION Either the City or the Association may terminate this agreement at any time upon thirty (30) days' written notice to the other. In the event of such termination, the Association's annual fee shall be prorated according to the number of whole months this agreement was in effect during the fiscal year; e.g., if the agreement was in effect for three (3) whole months, the Association's fee for that fiscal year shall be 3/12 of the sum specified in Item 3A. - 3 -