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85 E.SEVENTH PLACE,SUITE 100 <br /> . SAINT PAUL,MN 55101-2143 <br /> 612-223-3000 FAX:612-223-3002 <br /> SPRINGSTED • <br /> Public Finance Advisors <br /> Aier <br /> 417v <br /> AGREEMENT FOR FINANCIAL ADVISOR SERVICES <br /> THIS AGREEMENT is made as of the day of , 19 , by and between the <br /> City of Mounds View, Minnesota, ("Client") and Springsted Incorporated ("Advisor"). <br /> WHEREAS, the Client wishes to retain the services of the Advisor on the terms and conditions <br /> set forth herein, and the Advisor wishes to provide such services: <br /> NOW, THEREFORE, the parties hereto agree as follows: <br /> 1. Services. Advisor shall provide financial advisory services to the Client with respect to <br /> continuing disclosure and/or arbitrage rebate monitoring services as identified in the <br /> Addendum(s) attached hereto. <br /> 2. Compensation. The Client shall compensate the Advisor int <br /> he amount of $250, <br /> . payable upon execution of this Agreement, and at the rates set forth in Addendum(s) <br /> attached hereto for services to be provided by Advisor. The rates set out within the <br /> Addendum(s) shall be effective for twelve months from the effective date of each <br /> Addendum. Thereafter, the Advisor's compensation can be adjusted to then current <br /> rates charged other similar clients upon sixty days written notice from Advisor to Client <br /> of the rate adjustment. <br /> 3. Term and Termination. This Agreement shall commence as of the date hereof, and <br /> • shall continue until terminated by either party by written notice given at least thirty days <br /> before the effective date of such termination, provided that no such termination shall <br /> affect or terminate the rights and obligations of each of the parties hereto with respect to <br /> any project, whether or not complete, for which the Advisor has provided services prior <br /> to the date that such notice was given. <br /> 4. Indemnification: Sole Remedy. The Client and the Advisor each hereby agree to <br /> indemnify and hold the other harmless from and against any and all losses, claims, <br /> damages, expenses, including without limitation, reasonable attorneys' fees, costs, <br /> liabilities, demands and cause of action (collectively referred to herein as "Damages") <br /> which the other may suffer or be subjected to as a consequence of any act, error or <br /> omission of the indemnifying party in connection with the performance or <br /> nonperformance of its obligations hereunder, less any payment for damages made to <br /> the indemnified party by a third party. Notwithstanding the foregoing, no party hereto <br /> shall be liable to the other for Damages suffered by the other to the extent that those <br /> Damages are the consequence of: (a) events or conditions beyond the control of the <br /> indemnifying party, including without limitation changes in economic conditions: (b) • <br /> actions of the indemnifying party which were reasonable based on facts and <br /> .INT PAUL,MN .\ NNEAPOL'S.MN 3ROOKFTELD,WI OVERLAND PARK,KS WASHINGTON,DC <br />