08-26-2013 Council Work Session Packet

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Item#09-CC Agenda-07/23/2012 �� Hennepin Counry Assessing Contract(Page 7 of 12J I i than 120 days'written notice. If the CITY should cancel this Agreement, as above provided, , before the completion of the then current property assessment by the COUNTY, the CITY agrees to defend and hold the COUNTY, its officials, officers, agents, employees and duly � authorized volunteers harmless from any Ifability that might ensue as a result of the non- completion of a property tax assessment. For the purpose of this Agreement, the term "just cause" shall mean the faiiure of any party hereto reasonably to perform a material responsibility arising hereunder. 13.A. In consideration of said assessment services, the CITY agrees to pay the COUN7Y the sum of One Hundred Thirty Nine Thousand Dollars ($139,000)for each assessment, provided that any payment for the current year's assessment may be increased �r decreased by that amount which exceeds or is less than the COUNTY's estimated cost of appraising new construction and new parcels for the current year's assessment. The amount of any increase or decrease shall be specified in the billing for the current year's assessment. 13.8. Regarding each assessment, in addition to being subject to adjustment in the above manner, said assessment cost of$139,000.00 may also be increased by the COUNTY if: (1) The COUNTY determines that any cost to the COUNTY in carrying out any aspect of this Agreement has increased, including but not limited to the following types of costs: new construction and new parcel appraisals, gasoline, postage, supplies, labor(including fringe benefits} and other types of costs, whether similar or dissimilar; and/or 2) The COUNTY reasonably determines that other costs should be included in the costs of assessment work. If the COUNTY desires to increase the assessment cost pursuant to this paragraph 13{B), it shall give written notice thereof by June 15 of any year and such increase shall ��)