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HomeMy WebLinkAboutResolution - 986 - Agreement - Profile Tax Recovery - Sick Leave Pay Overpayments Services - 12/10/1981DGV:da 7R..Sf)T.TTTT0W RESOLUTION 986 - 12/10/81 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: g THAT the Mayor of the City of Lubbock BE and is hereby authorized and ;directed to execute for and on behalf of the City of Lubbock an Agreement Ifor Professional Services between Profile Tax Recovery (PTR) and the City .of Lubbock, Texas (Client), attached herewith which shall be spread upon the {minutes of the Council and as spread upon the minutes of this Council shall ,constitute and be a part of this Resolution as if fully copied herein in ;detail. Passed by the City Council this 10th day of December ,1981. r BILL McAl SAR, MAYOR '' ATTEST: -�I 'IE elyn Gaf ga, tity Sec t -Treasurer ;APPROVED AS TO CONTENT: sAL't �i Obert Massengale, Dirfictor of Finance APPROVED AS TO FORM: Donald G. Vandiver, Asst. City Attorney • RESOLUTION 986 - 12/10/81 a1�19�ti AGREEMENT FOR PROFESSIONAL SERVICES This agreement between PROFILE TAX RECOVERY (PTR) and the CITY OF LUBBOCK, TEXAS, (Client) contains the following stipulations: Client has authorized PTR to assist in obtaining approval from the State Employees Retirement System (Social Security Administration) to allow the Client to exclude previous sick leave pay overpayments from its future FICA tax and to file to recover overpayments of this tax for previous years within statutory limits on behalf of the Client. On receiving SSA approval, PTR will research pertinent records and submit all documents necessary for the Client to receive tax credit on overpaid FICA taxes for previous years. Finished documentation will include SSA Form 3964, summary report and employee certification letters. The fee, 256 of the determined overpayment refund, is due.and payable upon the Client's notification of approval to take a refund credit by the SSA. The fee is contingent upon receipt of such approval. PTR unconditionally guarantees the accuracy of finished work and further provides that the client must be satisfied with the firm's performance or the fee will be waived. Nothing herein shall be construed as creating the relationship of an employer and employee between the parties. The Client shall not be subject to any obligations or liabilities of PTR incurred in the performance of this agreement unless otherwise provided herein. PTR expressly agrees to indemnify and hold harmless the Client from any and all liabilities and obligations incurred due to the negligence of PTR or its employees while engaged in the performance of this agre ent. PTR: CITY OF LUB OCK: ub DATE cALISTER, MAYOR ATTEST: Evelyn Gaffga, City Secre y -Treasurer APPROVED AS TO CONTENT: Robert "Massen�gale,�ire�ctorof Finance APPROVED AS TO FORM: Donald G. Vandiver, Asst City Attorne� If