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consistent with sound management. Nevertheless. subject to procedures <br />prescribed the Ov, ner and with the Owner's consent the Agent may lawfully <br />terminate any tenancy with, in the Agents judgment. sufficient cause of such <br />termination exists under the terms of the tenant's lease. For this purpose, and <br />after receiving approval from the 0\\ ner. the Agent is authorized to consult with <br />the Owner's legal counsel to bring actions for eviction and to execute notices to <br />vacate incident to such actions: provided. however. the Agent shall keep the <br />Owner informed of such actions. Attorney fees and other necessary costs <br />incurred are Property Expenses. The Agent will provide notices to Tenants of <br />default on a timely basis and provide Owner with copies of all such notices. <br />10. MAINTENANCE AND REPAIR. <br />a. Notwithstanding any of the foregoing provisions, the prior approval of the <br />Owner will be required for any expenditure which exceeds Two Thousand <br />Five Hundred Dollars , _. 30M.00U in any once instance for labor, <br />materials. or otherwise in connection with the maintenance and repair of <br />the Property. except for recurrent expenses with the limits of the Operating <br />Budget or for emergency repairs required because of danger to persons or <br />property or to avoid suspension of any necessary service to the Property. <br />In the event of an emergency, the Agent will attempt to contact the Owner <br />as promptly as possible and consult with the Owner to determine further <br />action. <br />11. UTILITIES AND SERVICE. The Agent will arrange for service to the Property <br />including but not limited to water, electricity. gas. sewage, trash removal, vermin <br />extermination, the plowing of snow and the treatment of ice, landscaping, <br />sweeping, litter control and all related services and will enter into contracts <br />necessary to secure such utiiities and services. All expenses therefore are <br />Property Expenses. <br />12. ON -SITE PERSONNEL. All on -site personnel are employees of the Agent, who <br />will hire, pay, supervise and discharge them. <br />13. DISBURSEMENT FROM THE OPERATING ACCOUNT. The Agent shall <br />disburse monthly from the Operating Account payment for all Property Expenses <br />due and payable as Property Expenses, provided, however. that the Agent shall <br />under no circumstances be obligated or required to expend or advance its own <br />funds for any purpose on behalf of the Owner or the Property whether or not such <br />expenses are designated herein as Property Expenses. The Agent shall disburse <br />any funds in excess of Ten Thousand Dollars ($10.000.00) after Operating <br />Expenses are paid. <br />14. BUDGETS. The Agent \rill prepare a recommended annual operating budget for <br />each fiscal year \which begins during the term of this Agreement and will submit <br />the proposed budget to the Owner on or before the first day of December of each <br />