8.2015 Administration.
The City Manager shall be responsible for administration of the economic improvements to be carried out. Subject to the requirements of any labor agreements to which the City is a party and to any applicable requirements of state law, the Council in its discretion may authorize an agreement or agreements with an Advisory Committee to provide all or part of the economic improvements described in the final economic improvement plan. In that event, the Manager and the Advisory Committee shall prepare for Council consideration contracts for the work. In each case, the contract for work shall include not less than the following:
(1) A description of the work to be done;
(2) A description of the method of compensation for the work;
(3) 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;
(4) A description of any liability to be born and insurance to be provided by the contractor; and
(5) A description of the rights of the City to terminate the contract prior to its completion.