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2006 - 08-14-06 Regular Meeting
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2006 - 08-14-06 Regular Meeting
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2/25/2009 3:06:04 PM
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
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BOOK 21 PAGE 9i <br />ROBERT S. SEGAL CPA PA <br />EXPENSE REDUCTION & REVENUE ENHANCEMENT <br />LETTER OF AGREEMENT <br />1912 EASTCHESTER DRIVE <br />SUITE 206 <br />HIGH POINT, NC 27265 <br />336-886-2100 <br />FAX 336-886-2101 <br />www.segalcpa.com <br />Robert S. Segal, CPA, PA (SEGAL) and Lee County (CLIENT) hereby enter into this Letter of <br />Agreement whereby SEGAL shall serve as a consultant to CLIENT to examine and analyze the <br />following listed expenses/revenues of CLIENT and to make recommendations to achieve <br />savings, credits, refunds or additional revenues, hereafter referred to as funds, in these areas: <br />Any and all revenues and expenses <br />SEGAL will furnish CLIENT with a written report as to recommendations that may be made in <br />the above areas. CLIENT will then determine which (if any) of these recommendations CLIENT <br />wishes to implement. SEGAL will then assist in the implementation of these recommendations <br />to achieve the funds. Future savings and revenues are computed on a per unit basis. <br />CLIENT agrees to pay SEGAL on each recommendation for funds which is implemented, a fee <br />equal to fifty (50) cents of every dollar saved, credited, refunded or additional revenues during <br />the 24 month period immediately following full implementation of the recommendation. This fee <br />will be paid quarterly following the date of full implementation of the particular recommendation. <br />SEGAL AGREES TO MAINTAIN IN STRICT CONFIDENCE ALL INFORMATION RECEIVED <br />FROM CLIENT CONCERNING ITS EXPENSES AND METHODS OF DOING BUSINESS. <br />FURTHERMORE, SEGAL ACTS AS A CONSULTANT ONLY AND DOES NOT RECEIVE ANY <br />COMMISSIONS OR REMUNERATION OF ANY KIND FROM ANY VENDORS OR SERVICE <br />PROVIDERS. <br />The persons signing below are authorized to do so on behalf of their respective organizations. <br />This Letter of Agreement shall be binding upon the parties hereto, their heirs, sucgcgessors and <br />a, igns. This Letter of Agreement is entered into effective as of /4 - day of <br />CLI <br />By: <br />Title: Qkla;rmaz1 Title: President <br />Lee County Board of Commissioners <br />
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