003 Oct 1, 2010 Agt $14,000November 9, 2010
CITY OF OKEECHOBEE
55 SE THIRD AVENUE
OKEECHOBEE, FL 34974
Telephone: 863 - 763 -3372 Fax: 863 - 763 -1686
TO: Craig A. Smith & Associates
7777 Glades Road, Suite 410
Boca Raton, FL 33434
FROM: City of Okeechobee
55 SE 3rd Avenue
Okeechobee, FL 34974
Letter of Understanding
Relating to Revision of Compensation to
Current Contract
This Letter of Understanding relates to the revision of compensation to the existing
contract with Craig A. Smith and Associates, which states that CAS shall receive an
annual retainer fee of $10,000.00 to be paid upon invoice.
The following is hereby agreed:
Upon execution of this Letter of Understanding, the current contract between the City of
Okeechobee and Craig A. Smith & Associates shall be revised to state that the annual
retainer fee of $9,000.00 shall be paid by the City upon invoice, effective October 1,
2010 through September 30, 2011. The City agrees to make payment within thirty (30)
days of CAS invoicing. All other aspects of the existing contract remain as agreed.
Please confirm this Agreement by signing and returning a copy of this Letter of
Understanding.
FO ' • CITY OF * KE , OBEE
Signat re/
Pri to • ame
Date:
7/
FOR: CRAIG A. SMITH & ASSCIATES
Signature
/14 04 k MI �G+2- Prps i�71
Printed Name & Title
Date: 1 : 2-1 —1