Loading...
HomeMy WebLinkAboutLAND BANK AUTHORITY INTERGOVERNMENTAL AGREEMENT - , INTERGOVERNMENTAL AGREEMENT BETWEEN THE AUGUSTA LAND BANK AUTHORITY AND AUGUSTA, GEORGIA TillS INTERGOVERNMENTAL AGREEMENT entered into this 6TH day of February, 2007 between the LAND BANK AUTHORITY ("LBA"), a public body corporate and politic under the laws of the State of Georgia and AUGUSTA, GEORGIA, (Augusta") a political subdivision of the State of Georgia. WHEREAS, the Authority is hiring an Executive Director (the "Director") and Property Acquisition Coordinator and desires for the Augusta to pay the Director and Property Acquisition Coordinator and provide the fringe benefits therefor as well as paying withholding tax, FICA taxes and other similar items; and WHEREAS, the Augusta is willing to undertake these obligations on behalf ofLBA; and NOW THEREFORE, in consideration of the premise and the mutual covenants herein contained the adequacy of which is acknowledged by each party, it is agreed as follows: 1. Payment of Director: Augusta shall pay to the Director all salary, automobile allowance, expense reimbursement, and other amounts due to the Director as approved by LBA. LBA will provide written detail of the compensation for the Director. On behalf ofLBA, Augusta will provide the Director with all fringe benefits provided to employees of Augusta in positions comparable to the Director's position. LBA shall reimburse Augusta for all amounts paid by Augusta to or on behalf of the Director under the terms of the employment whether through direct payment, indemnification, employer's contribution to FICA, retirement, health coverage, worker's compensation coverage or otherwise. 2. Payment of Property Acquisition Coordinator: Augusta shall pay to the Property Acquisition Coordinator all salary and other amounts due as a full- time employee. On behalf of LBA, Augusta will provide the Property Acquisition Coordinator with all fringe benefits provided to employees of Augusta in comparable positions. LBA shall reimburse Augusta for all amounts paid by Augusta to or on behalf of the Property Acquisition Coordinator under the terms of employment whether through direct payment, indemnification, employer's contribution to FICA, retirement, health coverage, worker's compensation coverage or otherwise. 3. To the extent allowed by law, Land Bank Authority shall indemnify and hold Augusta harmless against all expenses (including attorney's fees), damages, judgments, fines and amounts paid in settlement actually or reasonable incurred by Augusta as a result of acts or omissions of the said Employees. 4. No Joint Venture: This Agreement shall not constitute the parties hereto as joint ventures or partners and neither party shall be deemed to be an agent of the other. 5. Term: This Agreement shall be for a term of one year and shall be automatically renewed for additional one (1) year periods unless either party shall at least 180 days prior to the termination of this Agreement or the current term give notice that it will not renew the term upon its expiration. There may be three such one year extensions. 6. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors, legal representatives and aSSIgns. -' 7. This Agreement shall be governed by and construed according to the laws of the State of Georgia. 8. All claims, disputes and other matters in question between the parties arising out of or relating to this Agreement, or the breach thereof, shall be decided in the Superior Court of Richmond County, Georgia. MORTON, by executing this Agreement, specifically consents to venue in Richmond County and waives any right to contest venue in the Superior Court of Richmond County, Georgia. 9. The text herein shall constitute the entire agreement between the parties IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute this Intergovernmental Agreement. Augusta, Georgia -------. By: Land Bank Authority ~# Its Chairman By: Attest: Its Secretary [AUTHORITY SEAL]