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4.0 FEES <br /> In consideration of the services provided, CITY agrees to pay the following fees: <br /> <br /> 4.1 In-State Processing: PHX will charge $1.10 per citation for each citation processed. PHX <br /> will charge a minimum monthly fee of $100.00. <br /> <br />4.2 Out-of-State Contingency fee: PHX shall charge 35% (thirty-five percent) of the revenues <br />collected for citations issued to out-of-state vehicles. PHX will not charge CITY for any costs <br />related to obtaining registered owner information. <br /> <br />4.3 Backlog Processing,: PHX will charge the CITY $.90 for all citations that are in an open <br />status and received via magnetic media. PHX will not charge for conversion of data. PHX will <br />assist the CITY with clearing or purging open citations that are uneollectible prior to any costs <br />or charges. <br /> <br />4.4 Postal increases: In the event of a postal increase, PHX may request an adjustment to the <br />fees to off-set the postal increase. Such requests will be in writing. <br /> <br />4.5 Payment to PHX - Late _henattics; PHX will invoice CITY monthly for all services. CITY <br />agrees to pay all invoices within 30 days of receipt. In the event CITY fails to pay any mount <br />due under this Agreement, CITY, upon demand shall pay interest at the rate of 1.5% per month <br />(but not exceeding the maximum allowed by Law) on any delinquent mount from the due date <br />until date of payment. CITY agrees to pay PHX for any and all expenses PHX may incur, <br />including interest and reasonable attorney fees in taking action to collect said amount. <br /> <br />5.0 TERM AND RENEWAI.8 <br />Except as otherwise stated these terms and conditions shall be in effect between both parties, <br />which shall commence on July 1.1993thmugh ,lune 30, 1994. This agreement <br />shall automatically renew for subsequent one year periods. In conjunction with this automatic <br />extension, PHX may give notice of price adjustments. All extensions and increases shall be <br />approved in writing by the CITY. <br /> <br />5, 1 Cancellation: CITY reserves the fight to terminate this Contract at any time in whole or in <br />part even though PHX is not in default hereunder. In such event there will be made an equitable <br />adjustment of the terms that is mutually satisfactory to CITY and PHX. Upon receipt of any <br />notice of such termination, PHX shall, unless such notice otherwise directs, immediately <br /> <br /> <br />