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<br />City of Sunny Isles Beach <br /> <br />18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br /> <br />3. TERM. Subject to the provisions relating to the termination of this Agreement as set forth <br />in Paragraph 8 hereunder, the term of this Agreement shall begin upon the execution of this <br />Agreement and shall end upon the completion of Services described in Attachment "A", and <br />may be extended as necessary, in writing by the parties hereto. <br /> <br />The required Schedule for the 2007 Fiscal Year Audit will be for the firm to submit Twenty- <br />five (25) copies of the audit report no later than February 28, 2008. A representative will <br />present the findings at the March commission meeting. For subsequent audits, the audit <br />copies shall be delivered no later than January 31 and the findings presented at the February <br />commission meeting. <br /> <br />4. COMPENSATION. Payment to Consultant for all charges under this Agreement shall be <br />in accordance with this Agreement and a schedule of charges reflected in Attachment "A". <br />The estimated fees for this engagement will be $41,250.00 for fiscal year 2007, $42,488.00 <br />for fiscal year 2008, and $43,763.00 for fiscal year 2009 (excluding Federal or Florida Single <br />Audit Act requirements - as reflected in Attachment "A") <br /> <br />5. STAFFING CHANGES. Engagement partners, managers, other supervisory staff and <br />specialists initially assigned to this Agreement between City and Consultant may be changed <br />if those personnel leave the firm, are promoted or are assigned to another office. These <br />personnel may also be changed for other reasons with the express written permission of the <br />City of Sunny Isles Beach. However, in either case, the City of Sunny Isles Beach retains the <br />right to approve or reject replacements who are subsequently assigned to this Agreement <br />between the City and Consultant. <br /> <br />6. INDEPENDENT CONTRACTOR RELATIONSHIP. The Consultant is an independent <br />contractor and shall be treated as such for all purposes. Nothing contained in this Agreement <br />or any action of the parties shall be construed to constitute or to render the Consultant an <br />employee, partner, agent, shareholder, officer or in any other capacity other than as an <br />independent contractor other than those obligations which have been or shall have been <br />undertaken by the City, Consultant shall be responsible for any and all of its own expenses in <br />performing its duties as contemplated under this Agreement. The City shall not be <br />responsible for any expense incurred by the Consultant. The City shall have no duty to <br />withhold any Federal income taxes or pay Social Security services and that such obligations <br />shall be that of the Consultant, other than those set forth in this Agreement. Consultant shall <br />furnish its own transportation, office and other supplies as it determines necessary in carrying <br />out its duties under this Agreement. <br /> <br />2 <br /> <br />C0607-093 Rachlin Cohen & Holtz Consultant Agreement <br /> <br />S\~ <br />