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K. TERMINATION: <br />Either party may terminate this agreement on 30 days written notice to the other. <br />L. PAYMENT: <br />The City received a quote for $23,500.00 from CONTRACTOR to complete the Work <br />described in this contract which is the full amount of compensation CONTRACTOR <br />will receive for the Work. <br />The CITY shall remit to CONTRACTOR the amounts billed for services assuming that <br />CONTRACTOR has fully complied with all of the terms of this agreement, completing the Work <br />in a timely and compliant manner. <br />IN WITNESS WHEREOF, the parties have executed this Agreement the date above written. <br />CITY OF RAMSEY <br />Bob Ramsey, Mayor <br />Kurt Ulrich, City Administrator <br />SAUTER & SONS, INC. <br />By: <br />Tom, Sauter, Its President <br />Page 5 of 9 <br />