Ordinance 2015-1690 - Laserfiche WebLink

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COLLECTION SERVICES AGREEMENT THIS COLLECTION SERVICES AGREEMENT ( "Agreement ") is entered into this 5th the day of May, 2015 ( "Effective Date "), by the City of Louisville on behalf of the Municipal Court of the City of Louisville ( "Municipal Court"), and Integral Recoveries, Inc., a corporation organized under the laws of the State of Colorado ( "Agency "). The parties agree as follows: 1. Scope of Services. Agency will provide Municipal Court with collection services consisting of Agency's normal collection activities, including, without limitation, correspondence and communications between Agency and the debtor and credit reporting, as deemed appropriate by Agency and agreed to by Municipal Court. Agency will provide services as an independent contractor and not as an employee of Municipal Court: As an independent contractor, neither Agency, its employees nor its agents are entitled to workers' compensation benefits except as may be provided by the Agency nor to unemployment insurance benefits unless unemployment compensation coverage is provided by Agency or some other entity. Agency is obligated to pay all federal and state income tax on any moneys earned or paid pursuant to this contract. Services will commence immediately upon Municipal Court's assignment of a debtor's account ( "Account ") to Agency. 2. Recovery and Agency Fee. The Account will specify the Judgment Amount (the amount due the court for fines, fees, costs, surcharges and restitution). Agency may seek to recover and may recover from the debtor an amount not greater than one hundred twenty -five percent (125 %) of the Judgment Amount. Agency will provide a monthly remittance to the City on or about the 15th of each month for eighty percent of all monies recovered in the previous calendar month, retaining twenty percent for its fee. 3. Term. This Agreement will commence on the Effective Date and will continue for 3 years. The parties may agree, in writing to extend the term. However, either party may terminate this Agreement by giving thirty days' written notice. Upon expiration of the Term or termination by notice, the parties may agree that Agency may continue collecting on those Accounts previously assigned to Agency under the same terms as set forth in this Agreement until those Accounts are closed or are cancelled. The parties hereto do not intend this Agreement to be a multiple fiscal year financial obligation within the meaning of Article X, Section 20 of the Colorado Constitution, and this Agreement shall be interpreted so as to avoid any such meaning. The parties therefore agree that all obligations of the City to make payment under this Agreement are subject to annual appropriation by the City Council. 4. Manner of Assignment. Assignment of an Account will be effective as the date Municipal Court submits the Account to Agency. Within fifteen working days of Agency's receipt of an assignment, Agency must submit a written acknowledgment of assignment to Municipal Court. If Municipal Court does not receive the acknowledgment within that fifteen day period, Municipal Court may withdraw that Account from Agency. After an assignment of an Account to Agency, Municipal Court will refrain from contacting the debtor for collection purposes and 1