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HomeMy WebLinkAbout740510.tiff AGREEMENT THIS AGREEMENT, Made and entered into this 30th day of January , 197 4 , by and between THE GREELEY NATIONAL BANK OF GREELEY, COLORADO (DATA PROCESSING CENTER DIVISION), hereinafter referred to as GNB, and THE COUNTY OF WELD OF THE STATE OF COLORADO, A Political Subdivision, hereinafter referred to as Weld, WITNESSETH, THAT: WHEREAS, GNB is engaged in the commercial activity of computer data processing and proposes to perform services for Weld in the form of Property Appraisal Accounting for the Weld County Assessor's Office and Property Tax Accounting for the Weld County Treasurer's Office, which is set forth on Exhibit A, and which by reference is made a part hereof, and, WHEREAS, Weld desires to employ the services of GNB for such purposes, NOW, THEREFORE, in consideration of the mutual promises and covenants of the parties as are hereinafter contained, and for the further consideration hereinafter stated, it is understood and agreed as follows: 1. This Agreement shall be effective for a period of one year, commencing December 1, 1973 and ending on the last day of November, 1974. 2. Exhibit A, above referred to, and attached hereto, sets forth in detailed scheduling as to dates when information is to be furnished by GNB, the type of information as described under heading "Report Name". Said Exhibit A lists the estimated hours and the estimated cost for each type of report which GNB agrees to furnish. For purposes of clarification, Programming will be billed at the rate of $10. 00 per hour, and computer rout& 740510 time will be billed at the rate of $87. 50 per metered hour. It is acknowledged by the parties hereto that Exhibit A lists only the estimated times to accomplish each report. It is mutually agreed that billings will be accomplished monthly by GNB on the basis of the estimated costs shown on Exhibit A; provided, however, that a full detailed statement covering the entire year's processing will be furnished to Weld with the November 30, 1974, invoice. It is understood that said statement will reflect either any reduction of the actual processing costs required, if the time consumed is less than the estimate shown on Exhibit A, and GNB represents that the billing time required for the various reports required under Exhibit A will not in any event exceed the times shown under the heading of "Estimated Hours" on said Exhibit A. 3. It is further mutually understood and agreed that in the event Weld requires additional services or reports, other than those listed on the schedule referred to as Exhibit A, GNB will separately bill Weld for such services on the basis of $10. 00 per hour for programming and $87. 50 per metered hour for computer time. The services described on Exhibit A are defined as "Run Cost". GNB represents, per Exhibit A, that Run Cost for personal property and real property will not exceed 161 1/2 hours and will not exceed a total cost of $14, 131. 25; that tax accounting production will not exceed 84 1/2 hours and the cost thereof will not exceed $7, 393. 75; and that the total run cost will not exceed $21, 525. 00. 4. It is further understood and agreed by and between the parties that in order to accomplish the reports which are described on Exhibit A, GNB is obliged to charge for the programming which is here- inafter referred to as "Systems". GNB agrees that the System scheduling and cost thereof will not exceed the following schedules: Assessor's office research and maintenance at $10. 00 an hour for 75 hours, or a cost of $750. 00; Program charge for new or one-time runs at $10. 00 per hour for 251 1 /4 hours, or a cost of $2, 512. 25; Computer time necessary for new runs at $87. 50 an hour for 12 1/2 hours, or a cost of $1, 093. 75; Tax accounting research and maintenance at $10. 00 an hour for 60 hours, or a cost of $600. 00. Summarizing, Systems shall not exceed in cost the sum of $3, 262. 50. 5. It is further and finally understood and agreed that this Agreement is for a term of one year, as is hereinabove specified. The parties acknowledge that if GNB is to continue services in behalf of Weld beyond December 1, 1974, it will be necessary for the parties to commence negotiations for a new agreement no later than November 1, 1974, with an agreement to be executed on or before November 15, 1974. IN WITNESS WHEREOF, the parties hereto have hereunto subscribed their hands on the day and year first above written. GREELEY NATIONAL BANK OF GREELEY, COLORADO (DATA PROCESSING CENTER DIVISION) ATTEST: �l. 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O O EXHIBIT A WELD COUNTY ASSESSOR 1973-74 DATA PROCESSING COSTS Run Cost Normal Production $13, 037. 50 Real 3 x 5 Cards $ 262. 50 Water Notice & Roll (12-11-73) 87. 50 Personal List by Business Activity Code 131. 25 Sort & Rearrange Real Property File into Parcel Number Sequence 612. 50 Total of New or One-time Runs 1, 093. 75 Total Run Cost $14, 131. 25 Systems Research and Maintenance $ 750. 00 Program charge to prepare an Abstract on Taxable Property, Tax Exempt Property and a total of the two 400. 00 Program charge for converting all of the programs to Parcel Number Processing including recompiles etc. 2, 112. 50 Total Systems Cost $ 3, 262. 50 Total One Year Cost $17, 393. 75 WELD COUNTY TREASURER 1973-74 DATA PROCESSING COSTS Run Cost Normal Production $ 7, 306. 25 Increased Run Time for Water Collections 87. 50 Total Run Cost $ 7, 393. 75 Systems Research and Maintenance $ 600. 00 Total One Year Cost $ 7, 993. 75 Hello