Common Contracts
1 similar Cost Recovery Agreement contracts
CAPITAL CATALYST REVOLVING LOAN FUND COST RECOVERY AGREEMENTCost Recovery Agreement • January 28th, 2022
The City of Fort Atkinson may retain the services of professional consultants (including economic development agents, underwriters, financial specialists, attorneys, and/or other experts) to assist in the City’s review of a Capital Catalyst Revolving Loan Fund (CCRLF) application that may be scheduled for review and action by the Economic Development Commission and/or City Council. The submittal of an application by an Applicant shall be construed as an agreement to pay for such professional services applicable to the proposal or application. The City may apply reasonable charges for these services to the Applicant through invoices. The City may delay acceptance of the proposal or application as complete, or may delay final approval of the proposal, until the Applicant pays such fees. In the event invoices become delinquent, finance charges will accrue at 1% per month, 30 days after the due date. Review fees invoiced to the Applicant, which are not paid in a timely manner, may be assig
