Orange County NC Website
DocuSign Envelope ID:48D95A50-1183-4EB9-9997-46BD3AOD7724 <br /> and application of the income data. This hourly limit does not include application of the data to specific <br /> properties or property types. <br /> The results of the analysis and supporting data will be presented to the Orange County Office of Tax Administration <br /> in electronic and paper formats. <br /> Due Date and Fee Structure: <br /> Original 2020 Mid 2020 <br /> Property Type Due Date Fee Update Update <br /> Office 9/1/2019 $10,000 7/1/2020 $2,000 <br /> Retail 10/1/2019 $10,000 7/1/2020 $2,000 <br /> Industrial 11/1/2019 $5,000 7/1/2020 $1,000 <br /> Hotel/Motel 12/1/2019 $10,000 7/1/2020 $2,000 <br /> Apartments 1/10/2020 $10,000 7/1/2020 $2,000 <br /> Other <br /> -Mobile Home Parks 1/31/2020 $5,000 7/1/2020 $1,000 <br /> -Self Storage 1/31/2020 $5,000 7/1/2020 $1,000 <br /> $55,000 $11,000 <br /> Payment Terms: The fee for the original delivery of data packages will be paid in four installments. The first <br /> payment of$18,330 is due prior to beginning work on the assignment (prior to 8/1/2019). The second payment of <br /> $18,330 is due when half of the property type reports are delivered. The third payment of$18,340 is due within 30 <br /> days of delivery of our final report detailing our results. The fee for the update will also be paid in full ($11,000) <br /> within 30 days after all of the update reports are delivered. Once the report is accepted, further work on the part of <br /> Analytical will be billed at$150 (staff) or$250 (Paul Snow) per hour. <br /> Limitation of Liability 1 Consultants Liability: Consultant's liability to County and/or anyone claiming by, through <br /> or under County shall not exceed the gross fees paid to the consultant (Analytical Consultants, Inc.) by the County <br /> pursuant to this agreement. In no event shall consultant be liable to County and/or anyone claiming by, through or <br /> under County for any indirect, special, incidental or consequential damages of any nature whatsoever. <br /> Signed: <br /> Paul L. Snow <br /> DOCUSigned W. <br /> Accep Mi SVLbAI Date: August 2, 2019 <br /> 895533F1936E468. <br /> ,¢DOCUSigned by: <br /> Accep 6�t• RA*AAY5� — Date:8/12/2019 <br /> 6 <br /> C86379949755E477.. <br />