HomeMy WebLinkAbout82-0311 International Systems, Inc. ga-03l\
AGREEMENT
BETWEEN INTERNATIONAL SYSTEMS , INC.
AND
CITY OF ELGIN , ILLINOIS
THIS AGREEMENT, mada and entered into between INTERNATIONAL
SYSTEMS, INC. (hereinafter referred to as "ISI") and
Elgin, Illinois (hereinafter referred to as "CLIENT" ) •
WITNESSETH:
WHEREAS, ISI is in the business of providing professional
assistance, including information, research, technical assistance,
and grant application preparation to governmental authorities
to determine the availability of, and to assist in securing
additional federal, state, and private foundation grants and
loans; and
WHEREAS, CLIENT is desirous of engaging the services of
ISI to obtain professional assistance, and to determine the
availability of and to secure additional federal, state,
and private foundation grants and loans;
NOW, THEREFORE, in consideration of the promises and
mutual covenants herein contained, the parties hereto agree
as follows: •
1.
TERM. This Agreement will become effective as of the date
on which the latter of the parties hereto executes this
Agreement and shall remain in effect until the 365th day thereafter,
except as otherwise provided herein.
2.
SERVICES. ISI will provide the CLIENT with the following
services (hereinafter collectively referred to as the
"Services" ) :
A. Computerized grant scan based on the CLIENT' s answers
to ISI ' s profile questionnaire;
B. Monthly newsletter, or "grant grams" , to provide
current information on grant and loan programs;
C. Special detailed reports on federal, state, and
private foundation grant and loans of particular interest to
the CLIENT;
D. Unlimited access via toll free WATS line by the
CLIENT to ISI ' s program specialists and research and information
staffs;
•
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E. Unlimited access to ISI ' s Washington office for
the purpose of monitoring all pertinent legislation relative
to CLIENT' s needs;
F. Assignment of ISI personal representative to coordinate
CLIENT' s requests and needs with ISI program specialists ,
research and information staffs located in Atlanta and
Washington, D. C. offices ;
G. Technical assistance in all federal , state , and
private foundation 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 , state , and private
foundation grant and loan applications the CLIENT authorizes
ISI to prepare which the ISI staff determines to have a good
probability of being approved; and
•
I . At no additional cost, continuous preparation of all
federal, state, and Private foundation grant and loan
applications that the CLIENT authorizes ISI to prepare
which the ISI staff determines to have a good probability
of being approved, even after grants have been approved for
CLIENT and the terms of the guarantee have been satisfied.
3.
COMPENSATION. In consideration for the Services rendered
by ISI , CLIENT agrees to pay ISI an annual fee of $ 24 ,000. 00
payable upon execution of this Agreement.
4 .
GUARANTEE. ISI agrees that if, as a result of the
Services performed by ISI , the CLIENT does not receive revenues
or "approved grants" , as hereinafter defined, in an amount
at least equal to the compensation set forth in Paragraph 3 ,
above, during the one year period in which the Agreement is
in effect, ISI .will continue to provide Services to the
CLIENT at no additional cost liomgatoxtRxgzxsaltsaitignakxtitixicy
X4414xlmmXtsxmxuntil revenues or "approved grants" are received
in an amount-at least equal to the compensation set forth above:
If by September 1, 1984 , the Client does not receive said revenues
or approved grants at least equal to the compensation set forth above,
and the Client has met all of Client' s obligations provided herein then
ISI shall, upon demand, refund to Client the difference between the fee
paid and the revenues received or grant applications approved.
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Revenues received by the CLIENT from grants currently
being received by the CLIENT without ISI assistance are not
to be computed in determining the new revenues or "approved
grants" identified above.
5 .
AFFIRMATIVE OBLIGATIONS .
A. ISI agrees to pursue only those funding programs
which the CLIENT' s "official" representative directs ISI
to pursue . ISI will identify those funding programs which
it believes are capable of generating revenues for the CLIENT
and the CLIENT shall respond in writing within 20 days from
receipt of said notice and direct ISI to either proceed to
pursue those programs or not to proceed to pursue those
programs.
B. The CLIENT shall , on the date of the execution of
this Agreement, designate at least one person to act as its
"official representative" , which representative shall have
complete authority to transact business with ISI .
C. ISI shall be granted reasonable direct access to the
"official representative" and the CLIENT ' s elected officials
for the purpose of obtaining decisions and making regular
progress reports.
D. The CLIENT shall use its best efforts to cooperate
with ISI in the furnishing of all documents , financial
information and other materials necessary for ISI to perform
its Services for the CLIENT, and will , upon demand by ISI ,
provide a list of all grants and loans received by the CLIENT.
6 .
DEFINITIONS . For the purpose of this Agreement, the
following definitions shall apply:
A. "Approved grants" shall mean those funds which,
though not yet received by the CLIENT, have been approved
by the disbursing authority.
B. "Official representative" shall mean the City
Council of Elgin.
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7 .
MISCELLANEOUS.
A. This Agreement contains all of the terms and
conditions agreed upon by the parties.
B: Every notice, request, or statement provided for
in this Agreement, shall be in writing directed to the party
to whom delivered at such party' s address as follows:
If to ISI : International Systems , Inc.
4501 Circle 75 Parkway, Suite 6270
Atlanta, Georgia 30339
If to CLIENT:
C. This Agreement shall be deemed for all purposes
to have been made in the State of Georgia and shall be governed
and construed under and in accordance with the laws of the
State of Georgia.
IN WITNESS WHEREOF, the parties have hereto executed
this Agreement on the dates indicated below.
INTERNATIONAL SYSTEMS, INC.
BY: se -
Date signed y
ISI : 642- ATTES JAME444D -•
NOTARY PUBLIC,GEORGIA,STATE AT .RGE
MY COMMISSION EXPIRES OCT. 12, 19:. _
CLIE + - A111111111
Date signed Jpy {' !
CLIENT: / i / U T- BY: __�� t
ATTEST: C���A>