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Randy Franke <br />December 29, 1997 <br />Page 2 <br />While there is not fixed date of tennination, it is deternunable by development <br />of adequate construction documents and the ability to develop a GMP. The owner, <br />Marion County and the Transit District, retain the right to terminate the agreement <br />at any time, however. Termination is accomplished by written notice to the <br />contractor. In the event the contract is ternunated, payment for a11 services rendered <br />by the contractor up to the effective date of the termination must be paid. <br />There aze, then, several considerations that the County and the Transit District <br />should take into account with this interim agreement: <br />1. Should the owners authorize or allow services beyond December 31, 1997? <br />If the owners so allow or authorize, such services would be compensable at <br />the hourly rates set forth in the agreement. <br />2. Should the owners continue with this agreement until such time as a GMP can <br />be developed and negotiated? <br />MJH:at <br />-:. c: , Billy , Wasson, Courthouse. Square Project_ Coordinator ~ <br />courthous\gmp.mem <br />