Agenda - Council - 10/22/1996 - Laserfiche WebLink

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I I I I I I i I (2) AEC Reporting Requirements: AEC shall provide, to the City all standard reports, as listed below, on a timely basis at no additional cost to the City. Any other report will be considered as "special" and the cost of producing such special report will be passed on to the City. The following are standard reports. Billing Report - this report should be provided to the City monthly, after each billing period has been completed. This report should provide all billing detail for the current month, including a summary by service codes billed that month. Cash Receipts Report - this report should be provided to the City each time a check is disbursed,: from AEC to the City, for cash receipts in a given period of time. This report should include a summary of cash received broken down by service codes. Accounts Receivable Aging Report - this report should be provided to the City at least once per week, should list all accounts by service address, and indicate current and delinquent balances for each service address. In periods of heavy activity, the City may request this report twice per week. (3) Billing Services Payment. The City shall remit payment to AEC for billing services rendered~ within thirty (30) days after receipt of AEC's statement itemizing such services. (4) Performance by AEC. AEC agrees that it will use its best efforts to perform the Basic Services and the Optional Services if elected by City in accordance with the standards that it uses in performing these services for its own members. AEC's liability to the City shall be limited to its failure to comply with those standards. AEC specifically agrees that it will comply with all state statutes applicable to electric cooperatives governing the disconnection of utility services.