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<br />CONSULTING AGREEMENT <br /> <br />THIS Consultin~~greement (hereinafter referred to as the "Agreement") is <br />made in duplicate, this 2Jj day of January, 2000, by and between the City of Sunny Isles <br />Beach, Florida, (hereinafter referred to as the "City"), and The Chesapeake Group, Inc., <br />a Maryland corporation (hereinafter referred to as the "Consultant"). <br /> <br />RECITALS <br /> <br />WHEREAS, the Chesapeake Group, Inc., (the "Consultant") is primarily in the <br />business of economic analysis, planning and economic development; and <br /> <br />WHEREAS, the Consultant has represented it has substantial experience in <br />analysis of and implementation activity for communities interested in redevelopment and <br />economic improvement and quality development; and <br /> <br />WHEREAS, Consultant desires to enter into an agreement with the City (the <br />"City") in accordance with Resolution No. 99-182; <br /> <br />NOW THEREFORE, in consideration of the foregoing and for the mutual <br />covenants, representations and warranties and other good and valuable consideration, the <br />receipt and adequacy of which is hereby acknowledged, the parties agree as follows: <br /> <br />1. RECITALS. The Recitals set forth above are hereby incorporated into this <br />agreement and made a part hereof for reference.. <br /> <br />2. CONSULTING SERVICES. Consultant shall provide to the City, consulting <br />services and advice in connection a professional survey and analysis services for <br />Sunny Isles Beach as more particularly described in Attachment "A" attached hereto <br />and made a part hereof. <br /> <br />3. TERM. Subject to the provisions relating to the termination of this Agreement as set <br />forth in Paragraph 8 hereunder, the term of this Agreement shall be for a period <br />beginning on the 24th day of January, 2000 and extending until and through the 24th <br />day of April, 2000 and may be extended as necessary, in writing by the parties <br />hereto. <br /> <br />4. COMPENSATION. As the entire compensation to the Consultant for its services to <br />the City under and during the term of this Agreement, in whatever capacity rendered, <br />the City shall pay to the Consultant the sum of NINE THOUSAND SEVEN <br />HUNDRED FIFTY DOLLARS, ($9,750). Payment of said compensation shall be <br />made pursuant to the "Fee for Services" as set forth on "Attachment A" which is <br />attached hereto and incorporated herein by reference. <br /> <br />1 <br />