The Hollister School has an agreement with Dale Scott
&
amp; Co. to pay the consultant a total of at least $125,000
– but only if voters pass the $96 parcel tax proposal on a
special June ballot.
The Hollister School has an agreement with Dale Scott & Co. to pay the consultant a total of at least $125,000 – but only if voters pass the $96 parcel tax proposal on a special June ballot.
The district hired the San Francisco company as an independent financial adviser in relation to the parcel tax. That deal, approved by district trustees in December, requires passage of the parcel tax before the company receives any money, all of which must come from the measure’s prospective added revenue of about $1.2 million per year.
Services in the contract include a list of duties for survey research (such as polling), pre-election services (such as preparing ballot language or preparing arguments for it) and post-election services (such as managing the implementation), according to the agreement.
If the tax is approved, Dale Scott & Co. is set to receive $25,000 the first year – as a one-time fee – for pre-election services. The business then would receive another $25,000 each of the four years the parcel tax is collected, according to the arrangement. The district also agreed to reimburse all out-of-pocket expenses plus 5 percent, in an amount not to exceed $5,000.
“The payment of all fees and expenses are contingent on the passage of the Parcel Tax and shall be paid solely from Parcel Tax funds,” according to the contract.
