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11-22-1989 Additions
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11-22-1989 Additions
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6/26/2013 2:19:04 PM
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8.3 FOR REIMBURSABLE EXPENSES, as described In Article 7, and any other items Included In Article 9 as Reimbursable Ex- <br />penses, a multiple of one point zero ( 1.0 ) times the expenses incurred by the Architect, the Architect's <br />employees and consultants in the interest of the Project. <br />8.4 Payments are due and payable thirty ( 30 ) days from the date of the Architect's invoice. Amounts <br />unpaid tw my —five ( 25 ) days after the invoice date shall bear interest at the rate entered below, or In <br />the absence thereof, at the legal rate prevailing from time to time at the principal place of business of the Architect. <br />(!runt rate of Interest agreed upon.) Prevailing prime rate. <br />(Usury laws and requirements under the Federal lhab in Lending Act, similar state and local consumer credit laws and other regulations at the Owner's and <br />Architect's principal places of business. the location of the Project and elsewhere may affect lire validity of this provision. Specific legal advice should be obudned <br />with respect to deletions or modifications,, and also regarding other requirements such as written disclosures or waivers.) <br />8.5 IF THE SCOPE of the Project or of the Architect's services Is changed materially, the amounts of compensation shall be <br />equitably adjusted. <br />ARTICLE 9 <br />OTHER CONDITIONS <br />This Agreement entered into as of the day and year first written , <br />OWNER <br />(Signature) <br />Michael, Fahey, Mayor <br />(Printed name and title) <br />_City of 11 ttln ran•IAm <br />AIA DOCUMENT 13727 • OWNER- AIR:111T1'.1.1' AGREEMENT • 198H EDI'T'ION • AI <br />AMERICAN INSTITUTE OF ARCII ri'EC'1's, 1735 NEW YOItK AVENUE, N.. \V., \C'ASIII <br />>ove. <br />ARCHI" ECT <br />S' tare) ; <br />Jack Boarman, President <br />(Printed name and lille) <br />Bnarnp+n and Acsnnintes <br />A•' • U19HH • Tin( <br />NCION, D.C. 2(101)6 <br />Page 10 <br />B727-1988 5 <br />
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