6.B.(2) Resolution No. 2501 - Laserfiche WebLink

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NOW, THEKEFORE, in consideration of the mutual covenants and promises contained herein, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the BPW and the Commission agree as follows: I. The Commission hereby empowers and appoints the BPW to act as the Commission's agent for the limited purpose of contracting for and overseeing the completion of the Project on the Properties, the scope of said activities being more specifically described at `'1/xhibit A" attached hereto and incorporated herein. The BPW shall select the contractors and sub-contractors, if any needed, and to enter into contracts and agreements for the Project, all on behalf of the Commission. 2. hhis limited 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. The authority and appointment herein contained is limited to the total cost for the Project, as established by the estimates submitted by AMERICAN 1'LI?CTRIC POWIiR to complete the Project. 3. 'I~hc BPW hereby accepts the appointment as agent of the Commission as described in Paragraph I of this Agency Agreement. 4. The BPW shall award such contracts as are necessary to complete the Project and shall execute all accessary contracts and agreements on behalf of the Commission. 5. The BPW, in the bidding of any necessary contracts, 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