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Page 1 of 7 Standard Agreement For Professional Services <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />STANDARD AGREEMENT FOR PROFESSIONAL SERVICES <br />THIS AGREEMENT (“Agreement”) is made this 18th day of May, 2020, between the City <br />of Elk River, Minnesota (“City”), whose business address is 13065 Orono Parkway, Elk <br />River, MN 55330 and Patchin Messner Valuation Counselors (“Consultant”) whose <br />business address is 13961 West Preserve Boulevard, Burnsville, MN 55337. <br />PRELIMINARY STATEMENT <br />The City has adopted a policy regarding the selection and hiring of consultants to provide a <br />variety of professional services for City projects. That policy requires that persons, firms, or <br />corporations providing such services enter into written agreements with the City. The <br />purpose of this agreement is to set forth the terms and conditions for the professional <br />services Consultant will provide in connection with the 2020 Residential Land Appraisal <br />Study, herein referred to as the “Work”. <br />The City and Consultant agree as follows: <br />1.Work. The Consultant agrees to provide the professional services described in <br />Exhibit A attached hereto (the “Work”). <br />2.Time for Performance of Services. The Consultant shall perform the services <br />described in Exhibit A according to the schedule attached as Exhibit B, hereto. <br />3.Compensation for Services. City agrees to pay the Consultant $6,500 for the <br />Work. Any changes in the scope of the Work which may result in additional <br />compensation due to the Consultant shall require prior written approval by an <br />authorized representative of the City or by the City Council. The City will not pay <br />additional compensation for services that do not have prior written authorization. <br />4.The City agrees to provide the Consultant with the information required to complete <br />the Work. <br />5.Method of Payment. The Consultant shall submit itemized bills for professional <br />services performed under this Agreement on a monthly basis. Bills submitted shall <br />be paid in the same manner as other claims made to the City.