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2018-293
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2018-293
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Last modified
1/4/2021 3:15:58 PM
Creation date
12/27/2018 4:07:14 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/18/2018
Control Number
2018-293
Agenda Item Number
8.S.
Entity Name
Masterson Advisors
Subject
Municipal Advisory Agreement
Area
Financial Advisory Services
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related entities of respondent as defined above by Florida law are not on the Scrutinized <br />Companies with Activities in Sudan List or the Scrutinized Companies with Activities in <br />the Iran Petroleum Energy Sector List, created pursuant to Section 215.473 of the Florida <br />Statutes and are not engaged in business operations in Cuba or Syria. <br />County may terminate this Contract if Contractor is found to have submitted <br />a false certification as provided under section 287.135(5), Florida Statutes, been placed <br />on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies <br />with Activities in the Iran Petroleum Energy Sector List, or been engaged in business <br />operations in Cuba or Syria, as defined by section 287.135, Florida Statutes. <br />County may terminate this Contract if Contractor, including all wholly owned <br />subsidiaries, majority-owned subsidiaries, and parent companies that exist for the <br />purpose of making profit, is found to have been placed on the Scrutinized Companies <br />that Boycott Israel List or is engaged in a boycott of Israel as set forth in section 215.4725, <br />Florida Statutes. <br />Section 5. Compensation god Expense Reimbursement. The fees due to <br />Masterson for the services set forth and described in Section I of this Agreement with <br />respect to each issuance of Debt Instruments during the term of this Agreement shall <br />be calculated in accordance with the schedule set forth on Appendix A attached <br />hereto. Unless specifically provided otherwise on Appendix A or in a separate written <br />agreement between Issuer and Masterson such fees, together with any other fees as <br />may have been mutually agreed upon and all expenses forwhich Masterson is entitled <br />to reimbursement, shall become due and payable concurrently with the delivery of the <br />Debt Instruments to the purchaser. <br />Section 6. Personnel. Edward D. Stull, Jr., Managing Director, will be assigned to work <br />with County as Municipal advisor. If, for any reason, personnel assigned is changed or <br />replaced, the County has the right to immediately terminate this Agreement. The County <br />has the right to approve, disapprove, or request, for any reason, Masterson to replace any <br />personnel assigned by Masterson to the account. Should the County make such a <br />request, Masterson shall promptly suggest a substitute until a satisfactory substitute is <br />selected. <br />Section 7. Indemnification. To the fullest extent permitted by law, Masterson shall <br />indemnify and hold harmless the County, its commissioners, officers, and employees <br />from liabilities, damages, losses and costs including, but not limited to, reasonable <br />attorney's fees, to the extent caused by the negligence, recklessness, or intentional <br />wrongful conduct of Masterson and other persons employed or utilized by Masterson <br />in the performance of this Agreement. <br />Section 8. Insurance. Masterson shall not commence to perform the Services or <br />Additional Services under this Agreement until it has obtained all of the insurance <br />7 <br />
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