CC PACKET 06141994 - Laserfiche WebLink

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who receives said notice of intent to extend gives written notice to the other party of its desire not to extend within 110 days prior to termination of this Agreement, this Agreement shall • terminate on July 31, 1998 . Nothing herein shall preclude the parties, prior to the end of this Agreement, from agreeing to extend this contract for a term of four (4) years . Any extended term hereof shall be on the same terms and conditions set forth herein. Either party may terminate this Agreement for "just cause" as determined by the Commissioner of Revenue after hearing for such a determination is held by the Commissioner of Revenue and which has been attended by representatives of COUNTY and CITY or which said representatives had a reasonable opportunity to attend, provided that after such determination-, any part desiring to cancel this Agreement may do so by giving the other party no less 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 harmless the COUNTY, its elected officials, officers, agents, employees and duly authorized volunteers from any liability 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 failure of any party hereto reasonably to perform a material responsibility arising hereunder. 12 . In consideration of said assessment services, .the CITY agrees to pay the COUNTY the sum of Twenty-four Thousand Six (8)