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City of Little Canada <br />Page 5 <br />Adjustment to Fees <br />The fees stated herein shall govern for the two years following first execution of this agreement. After this two <br />year period, adjustments to the fee schedule shall be negotiated between Company and the City. <br />Billings, Payment, Interest: <br />Billings will be rendered following completion of the work assigned, or more frequently as agreed, and charges <br />will be payable thirty days after the billing date. To payments made thereafter shall be added daily interest at 16% <br />per annum or such lesser maximum annual interest rate permitted by law. Such interest shall be compounded <br />monthly. <br />Respectfully submitted, <br />EHLERS AND ASSOCIATES, INC. <br />By:.- <br />The above proposal is hereby accepted by the City of Little Canada, Minnesota, by its authorized officers this <br />_ day of , 1994. <br />Attest: By: <br />