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02/22/11 Special
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02/22/11 Special
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority - Special
Document Date
02/22/2011
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end -user's direction and costs. Whether theses services are contracted <br />directly between the end user and Landform, or if they are escrowed by <br />the HRA for payment to Landform, the contract for such services will be <br />reviewed and approved by the HRA. Architectural services are excluded <br />from this condition. <br />3. All design services performed shall be at normal and customary fees <br />constant with fees Landform charges similar clients for similar projects. <br />Said fee schedule attached as Exhibit B. <br />4. In any event, the HRA and Landform, understanding the dynamic nature <br />of the development business, shall be free to discuss compensation <br />strategies specific to deals of a more complicated nature, or on deals <br />outside the Project, so as to create appropriate compensation on <br />specialized deals. <br />5. Should the HRA opt to self -develop certain components of the Project, <br />services and fees will be determined and mutually agreed upon for each <br />component at that time. <br />D..Only Compensation <br />For work within the Project, Landform agrees that the Administrative <br />Compensation, the Incentive Compensation and the Additional Compensation <br />shall be the only compensation paid to Landform under this Agreement. <br />E. Reimbursable Expenses <br />In addition to the compensation set forth above, Landform shall receive <br />reimbursement from Owner subject to the provision of proper documentation for <br />the expenses listed in paragraphs 1., 2. and 3. below for Project related <br />expenses at cost plus 10%: No Reimbursable Expenses will be considered for <br />payment unless said expense is included as an expense item category <br />previously approved on the then current HRA budget. <br />1. Any normal and ordinary business expenses permitted by the City/Owner <br />including temporary living and travel expenses, airfare, lodging, car rental, <br />mileage, meals, parking and tolls. Said expenses shall be approved by <br />Owner prior to expenditure. <br />2. Administrative expenses incurred in connection with work performed on <br />Owner's behalf and to handle Project related documents during the <br />course of Project. Expenses shall include but not be limited to costs for <br />reproduction, photocopies, printing, postage, and overnight delivery. Also <br />to be reimbursed shall be the costs for Landform's providing various web - <br />based Project and information management systems and hosting for the <br />Page 18 <br />
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