Orange County NC Website
Mr. Neal Eva s. <br /> octbber 13, <br /> page 7 <br /> MICA's Remuneration <br /> In consideration of the services descrilaed il� he�atnountrofdumf <br /> orange 'County would,agree to pay MICA a'fee, amount Of-ns� <br /> i�rhich is established by one of the following Payment <br /> the payment for services wi.11 vary with the option chosen by <br /> the County: Option 2 represents a 5% discount aver" Option 3... <br /> o tp ion 1: $x.4,750 shall be the maximum fc--e wbe 5p}" <br /> u <br /> 1. <br /> the County agrees to pax 25% of .the maxlimum ($ <br /> within twenty (20) days of executioD Of the contra t. <br /> The remaining balance ($11,062_50) shall be p <br /> ten (10) days after the first Payroll issued render the <br /> modified system provided by MICh's <br /> services xclusion.^and e <br /> first payroll that implemeees'sshar pay of �ICA) : <br /> employer Payment of employ <br /> Z. O tp ion?: $14,013 whale. be the maX1T4um fee when, the <br /> County agrees to pay MICA this MaS.ilautn amount within ten <br /> (10) days of execution of the count-tact. <br /> Any payment due to P41CA which becomes overdue accox7di.ng to the <br /> terms of the contract shall cause interest to be ead)dsto the <br /> balance due at a rate of l4�arrtionoof��a(mont'h per. <br /> that- it remains <br /> interest for each month or p <br /> overdue. <br /> 1 look forward to meeting with you, Mr. Gatcto r 2 the Board <br /> of County'Commissioners on Tuesday night., October 21. 1980, at <br /> 7:30 P. M. <br /> 4 <br /> i <br />