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6a.AttachmentB <br /> The HRA understands and acknowledges that the person assigned by the City as <br />Executive Director will also be performing services for the City during the term of this <br />Agreement. <br />II. Term. This agreement shall be effective upon the approval of the HRA Board of <br />Directors and the City Council, whichever occurs last, and shall continue for a period of one year <br />thereafter (i.e. _January 1, 2015 through _December 31, 2015). <br /> III. Fee. The HRA shall pay the City a fee not to exceed of $ 117,000 (“Contract Fee” – <br />salary and benefits) for the services set forth in Provision I above. The Contract Fee shall be <br />paid in four equal installments payable at the end of each quarter of the term of this Agreement. <br />The HRA’s use of the Executive Director shall be for 40 hours per week during the term of this <br />Agreement. <br />IV. Employment Status and Control of Work. The parties acknowledge that the City is <br />acting as an independent contractor for the HRA under this contract. The City shall supply, at its <br />own expense, all personnel, materials, supplies and equipment required to provide the services <br />contemplated by this Agreement. Any employee assigned by the City to perform work under <br />this Agreement shall remain the exclusive employee of the City for all purposes, including but <br />not limited to wages, salary, benefits and workers’ compensation. Such City personnel shall not <br />be entitled to any compensation, rights or benefits of any kind from the HRA including, workers’ <br />compensation benefits, unemployment compensation, disability, severance pay, or retirement <br />benefits. <br />V. Assignment. This Agreement shall not be assigned or transferred by the City or the <br />HRA without written consent of the other party and a minimum of 30 days notice in writing by <br />the City. <br />VI.Termination: This Agreement may be terminated by either party prior to the <br />termination date set forth in Provision 2 above, with or without cause, by giving the other party <br />written notice of such termination at least 30 days prior to the date of such termination. The date <br />of termination shall be stated in the notice. In the event of such termination the Contract Fee <br />payable by the HRA shall be prorated based upon the number of days that this Agreement is in <br />effect prior and including the date of termination bears to 365 (“Adjusted Fee”). In the event of <br />such early termination the HRA shall pay to the City for the quarter in which such early <br />termination occurs, the unpaid amount of the Adjusted Fee, which amount shall be paid within <br />10 days after the early termination date rather than at the end of the quarter. <br />VII.Notices. Any notice to be given by either party upon the other under this Agreement <br />shall be properly given: a) if delivered personally to the City Manager if such notice is to be <br />given to the City, or if delivered personally to the Executive Director if such notice is to be given <br />2 <br /> <br />