HomeMy WebLinkAbout79-1210 International Systems 19- VaIo
AGREEMENT BETWEEN
INTERNATIONAL SYSTEMS, INC. (ISI)
AND
ELGIN, ILLINOIS (CLIENT)
1. • This agreement becomes effective when signed by both parties and it continues
in effect for a period of a year after execution; the term of this agreement
may be extended by the provisions of paragraph four.
2. ISI shall provide the Client with Federal funding reports and services begin-
ning when this agreement is signed. Specifically, ISPs services shall
include the following:
a. Computer-based Federal grant and loan report ,based on the Client's
answers to ISI's profile questionnaire;
b. Monthly Federal grant and loan news reports;
c. Special detailed reports on Federal grant and loan funds of particular
interest to the Client;
d. Access via toll-free WATS line by the Client to ISI's program
specialists and research and information staff;
e. Access to ISI's Washington office which tracks all pertinent legis-
lation relative to Client's needs;
f. Assigned ISI personal representative to coordinate Client's requests
and needs with ISI program specialists, research and information staff;
and Washington office;
g. Technical assistance on all Federal grant and loan applications
prepared by the Client's staff, if requested in a reasonable period
of time prior to submission;
h. Preparation of all Federal grant and loan applications requested by
Client after consultation with ISI concerning the availability of
funds and the likelihood of approval.
3. The Client agrees to pay ISI a fee of $22,000 no later than January 31, 1980.
4. ISI agrees that if the Client does not receive revenues or approved grants in
at least the amount of the fee paid during the one-year period the agreement
is in effect, ISI shall continue to provide the grants writing service until
revenues are received or grants in at least the amount of the fee are approved.
ISI agrees to formally pursue only those federal programs the Client's
authorized representative directs ISI to pursue. ISI will request this
authorization as various programs are identified by sending a letter of
authorization. The Client agrees to respond affirmatively or negatively
within .30 days to these requests for authorization to proceed.
V I
Should ISI reach the conclusion that ISI is unable to generate any revenues
or approved grants on behalf of the Client, ISI will refund the difference
between the fee paid and the revenues received or grant applications approved
and advise Client of such determination in writing.
Revenues received by the Client from Federal grants currently being received
or pursued directly by the Client without ISI assistance are not to be
computed in determining revenues for the purposes of the agreements.
5. ISI and Client agree to the following with regard to ISI's guarantees:
a. If the Client does not receive revenues or approved grant applica-
tions in at least the amount of the fee paid, the Client shall send
a registered letter to ISI by the beginning of the twelfth month of
the agreement invoking an extension of the Federal Grants Assistance
Program at no additional cost until terms of the guarantee are met;
b. If ISI does not receive such letter, ISI shall have no obligation upon
the expiration of the one-year term of this agreement.
CIS , OF ELGIN, a municipal co oration RNATIONAL SYSTEMS, INC.
1
' )°
By 16, kA .L....... 11
�� �, ��' s .' • '
'is '.nager pate SI,. atu g- Da -
J IV
Attest: Attest:
e-A 'IN (-d-t--.GIL--,1,--Mit--411--4/...----i
City Clerk Secretary