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<br />4. Termination. Notwithstandmg any..other provision~hereof to#he contrary, this contract ~_
<br />rnay,beterminatedas#ollows: ~ ` '{ , ,
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<br />~ 4.~1 '_ The parties; by mutual written agreement; may terminate this. contract=at any time.
<br />4:2 Either party may terminate this contract in the event of a breach~ of the contract by ~
<br />the other party, " . . ; ,
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<br />, _ 4.3 The City may terminate this contract at any time or for any reason, upon not less ,
<br />~ ~ than seven days' notice_in advance of the termination date "~' `
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<br />~ 4.4 City may_ terminate this °contract immediately upon.Contr`actor's failure to have in
<br />: force any insurance required by this contract: ~ ' `
<br />~Except_ as provided m paragraph 6 below„ in the e'vent'of`a fecmination, City shall- pay_
<br />: Contractor.for 1Nork perFormed to the date of termination. ~. -
<br />5. ' Remedies: ~ _ /
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<br />5:1 In the`event of a, termination:of this contract by Gity because~of,a'breach by ,, ,
<br />' Confractor, Cify,may.complete the Work either.by itself or. by confract with other
<br />persons, or any combination: thereof. ,Contractor shall. be 1ia61e to City for any costs ~ ~
<br />~ or losses incurred by City arising out of or,related:to the breach,Yincluding cosfs' .
<br />_ incurred in`selecting other confractors; time-delay.losse's, attorney fees and,the 1ike,
<br />- less the remaining unpaid balance of the consideration provided in this contract: ' ~•
<br />' City may;withhold payment of'sums :due ~Contractoc for Vllork, performed to;the date
<br />.- ~:- , of termination .until City's costs and losses have been'determined,, at which time City <
<br />- ~ may offset any, such amount due Contractor against.the: costs ~and ,losses incurred -
<br />by: City. : ~ . :
<br />; 5 2~ The foregoing r.emedies provided,to City for breach of this contract by Contractor
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<br />or ell u table eemed es, ava able Ibeca stelofCo tractor's p y one~or more~other legal
<br />reacli._. `
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<br />5r3 ~In the, event of breach of fhis contract by City; Contractor's remedy shall be.lim'ited
<br />'; to termination"of~this contract and paymenf for.Work performed to the date_of ~
<br />~ termination. ' '. ~ . ~: ,;
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<br />6. Records/lnspection. Contractor shall maintain records ~of its ;cha~ges: to. City under this ''
<br />contract for a period of not,less than three full fscal yeacs.following Contractor's
<br />~- completion ofthis'contract..~Upon,reasonable:advance noti'ce;'City°orits'authorized . ' .
<br />representatives may from time to time inspect;' audit and make: copies of any of ~. ,
<br />. Contractor's records that relate to this contract: If any audit by-City discloses that ,
<br />payments to the Contractor were in excess of the amount to which ,Contractor was entitled
<br />' under this'contract, Contractor shall promptly pay-to:City the amounf of such`excess. If.
<br />~~ the'excess is'greater than one percent of the contracf amount;, Contractor shall also reim-
<br />burse City its ~easonable costs~incurred in performing the audit: ~
<br />Personal Services Contract-Page 2 .._ ' " •
<br />._ (Revised February 1997) ,; . . ` ,
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