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the BPW and the Commission agree as follows: 1. The BPW hereby empowers and appoints the Commission to act as the agent for the BPW for the limited purpose of contracting for and managing the parking garages owned by the BPW and for contracting for on- street parking enforcement for a period of three (3) years commencing on January 1, 2012 and ending December 31, 2014. The Commission shall select the contractors and sub - contractors, if any needed, and to enter into contracts for the Projects, all on behalf of the BPW. 2. This Agency Agreement shall immediately terminate upon breach by the Commission or the BPW of this Agency Agreement or any other agreement between the Commission and the BPW or upon notice at least seven (7) days in advance of the date of termination of this Agency Agreement. The authority and appointment herein contained is limited to the total cost for each of the Projects, as established by the award of contracts by the Commission pursuant to this Agency Agreement. herein. 3. The Commission hereby accepts the appointment as agent of the BPW as described 4. The Commission shall award such contracts as are necessary to complete each of the Projects and shall execute all contracts pursuant to this Agency Agreement and on behalf of the BPW. 5. The Commission, in the bidding of each contract, shall adopt specifications pertaining to the work to be performed, the timetable for the performance of the work, require performance, payment, and maintenance bonds as necessary or desirable, and such other matters as may be required by statute and /or the prevailing conditions in the South Bend community for public work,