R2024-21 Resolution Authorizing a Professional Service Agreement with Hera Property Registry, LLC

Home Browse Search

monthly period, net of expenses and costs which will be calculated in accordance with the terms of this Agreement. III. PAYMENT FOR HERA'S SERVICES. 1. In consideration of the cost of registration services rendered by HERA, Decatur hereby agrees to pay HERA one hundred ten dollars($110.00)of the total registration fee for each property registration fee collected by HERA. Should there be a fee required for public/official record data acquisition integral to the performance of the duties required under this contract,those charges shall be deducted from the remittance for the actual costs of said charges or subscriptions. If said charges or subscription fees are for the entire county, the fee shall be divided equally between all communities partnered with HERA within the county at that time. If there is a change in the number of communities partnered with HERA in the county during the contract period, the county public record access fee will be adjusted accordingly to maintain an even cost-sharing by all communities within the county. 2. If Decatur's Ordinance requires payment of late fees as part of the registration requirements, HERA shall collect all applicable late fees, retaining 33% of the fee and remit the balance to Decatur pursuant to the monthly remittance schedule. 3. When HERA collects registration fees, HERA shall remit the collected registration fees to Decatur in accordance with this Agreement. HERA agrees to include a monthly noncompliance report with each remittance. IV. INSURANCE HERA shall maintain insurance coverage as required by Decatur, and at a minimum general liability insurance of$1,000,000 per occurrence and$2,000,000 in the aggregate. V. INDEMNIFICATION: DEFENSE: COOPERATION In addition to, and not in limitation of the insurance requirements, HERA agrees: Page 2 of 8