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UNIVERSITY OF MINNESOTA <br />SERVICES AGREEMENT <br />THIS SERVICES AGREEMENT (the "Agreement") is between the Regents of the University <br />of Minnesota (the "University"), a Minnesota constitutional corporation, and the City of Ramsey, a <br />municipality of the State of Minnesota (the "Company"). This Agreement is entered into by University <br />through its Resilient Communities Project ("RCP"), a program of the Center for Urban and Regional <br />Affairs (CURA). <br />The parties agree as follows: <br />1. Description of Services. University shall perform the following services for Company: <br />Description of Services is provided in an Addendum to this Services Agreement ("Services"). <br />Reference to Services in this Agreement shall be deemed to include any deliverables provided <br />to Company in connection with the Services, including without limitation, reports, results, materials, <br />products, and information. <br />2. Compensation. For the Services performed under section 1, Company shall pay University a <br />sum not to exceed Eighty Thousand and 00/100 dollars ($80,000). <br />2.1 The compensation shall be paid in the following manner: <br />2.1.1 Upon the signing of this Agreement, or no later than September 15, 2017, <br />Forty Thousand and 00/100 dollars ($40,000). <br />2.1.2 No later than February 15, 2018, an additional Two Thousand and 00/100 <br />dollars ($2,000) per project identified by Company and that University successfully matches <br />with one or more University of Minnesota academic courses or individual student projects, <br />not to exceed Forty Thousand and 00/100 dollars ($40,000) for twenty (20) projects. <br />2.2 Executed contract and invoices shall be sent to: <br />City of Ramsey <br />Attn. Tim Gladhill <br />7550 Sunwood Drive NW <br />Ramsey, MN 55303-5137 <br />Phone: (763) 576-4308 <br />Email: tladhill@cityoframsey.com <br />3. Term. The term of this Agreement shall commence on August 15, 2017 ("Effective <br />Date") and shall expire on August 31, 2018, unless terminated earlier as provided in section 4. <br />1 <br />1 <br />