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The task force for an Economic Improvement District shall be responsible for
administration of the economic improvements to be carried out. With the
concurrence of the head of the lead bureau, the task force may designate an
employee of the lead bureau as the person responsible for day to day
administration of the economic improvements. In the event the task force
determines that the economic improvements should be performed by a contractor or
contractors, the task force shall prepare for Council consideration contracts
for the work. In each case, the contract for work shall include not less than
the following: A. A description of the work to be done;
B. A description of the method of compensation for the work;
C. A description of records to be kept by the contractor to evidence
performance of the work and of the documentation to be provided to the City to
justify payment for work;
D. A description of any liability to be born and insurance to be
provided by the contractor; and
E. A description of the rights of the City to terminate the contract
prior to its completion.
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