6I(2) Master Agency Agreement - Laserfiche WebLink

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Crowe Horwath~. Crowe Horvath LLP Independanl Member Crowe Horvrath 4ntemational February 1, 2010 Mr. Don Inks City of South Bend- Community & Economic Development 1200 County-City Building 227 W. Jefferson Blvd South Bend, Indiana 46601 Dear Mr. Inks: 10 West Market Street, Suite 2000 Indianapolis, Indiana 46204-2975 Tel 317.632.1100 Fax 317.635.6127 www.crowehorwath.com DRAFT The purpose of this letter is to formulate a mutually acceptable agreement for 2010 between the City of South Bend -Community & Economic Development Office ("CED Office') and Crowe Horvath LLP ("Crowe") pursuant to which Crowe will perform certain professional services for the CED Office as directed by CED Office management or its representatives. The effective date of this agreement and the attached Crowe Engagement Terms (Attachment A) is as of the date of signing by the CED Office. This agreement will be used as a basis for assigning individual projects for Crowe to provide services to the CED Office on an as assigned basis. However, the agreement does not guarantee that any assignments will be given to Crowe, and each project performed will be subject to approval by the CED Office. Services provided by Crowe under this agreement would include, but not be limited to, general consulting services related to: A. Accounting Assistance. Crowe is available to provide accounting assistance to the CED Office to determine current balances and outstanding obligations of the CED Office and each of its TIF Funds. In addition, Crowe is available on an as needed basis to advise the CED Office on accounting and financial reporting issues as they arise. Total fees will typically not exceed $15,000 without prior written permission of the CED Office. B. Financial Advisory. Crowe is available to provide financial advisory services to the CED Office. Financial advisory services are defined as assistance in the preparation of estimates and projections and the preparation of documents necessary to secure borrowing for tax anticipation warrants, bonds, loans, lease-purchase agreements and other financing arrangements as necessary for the issuance of debt or debt-related instruments by the CED Office. Financial advisory services also include the design, negotiation and implementation of economic development incentives as requested by the CED Office. Fees per financing