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HomeMy WebLinkAboutExhibit CEXHIBIT C — COMPENSATION AND BUDGET SUMMARY A. The CITY shall pay the SUBRECIPIENT, as maximum compensation for the services required pursuant to this Agreement the sum of $225,315.00. B. During the term hereof and for a period of Five (5) years following the date of the last payment made hereunder, the CITY shall have the right to review and audit the time records and related records of the SUBRECIPIENT pertaining to any payments by the CITY. C. Requests for payment should be made following the procedures stipulated in Exhibit D — Disbursement Procedures. D. SUBRECIPIENT'S and PROJECT Itemized Budgets, Cost Allocations, Budget Narratives, Staff Salaries Schedule are attached hereto and made part of this contract. The budgets shall list in detail all the all the costs for the PROJECT including but not limited to technical assistance, rehabilitation cost, architecture, advertisement, permits, and signs. E. The SUBRECIPIENT must submit the final request for payment to the CITY within 30 calendar days following the expiration date or termination date of this Agreement in a form provided by the Department. If the SUBRECIPIENT fails to comply with this requirement, the SUBRECIPIENT shall forfeit all rights to payment and the CITY shall not honor any request submitted thereafter. E. Any payment due under this Agreement may be withheld pending the receipt and approval by the CITY of all reports due from the SUBRECIPIENT as a part of this ;reel and any modifications thereto. ecutive irecto Date Budget Form 1 Budget Narrative by Line -Item City of Miami Department of Community Development (Non -Housing Proposals) Agency: Rafael Hernandez Housing & Economic Development Corportation Fiscal Year: 2008-2009 Funding Source: CDBG - Economic Development Project Name: Little Haiti 59th Terrace -59th Street and NE 2nd AvenueCommercial Beautification Project Item Amount 5901-5909 NE 2 Avenue 5911 NE 2 Avenue 5921 NE 2 Avenue 95,972.00 67,172.00 62,171.00 15% Agency Fee ($30,000 Salaries, $2295 Fica/Mica, $1505 Rent) $ 33,800.00 Archtect fees $ 11,500.00 Soft Cost Contigency $ 2,253.00 Signs (Actual cost) $ 2,000.00 Surveys (Actual Cost) ($1,800 per building) $ 5,400.00 Permits $ 4,500.00 Debris Removal $ 2,500.00 Wrought Iron Removal / Replacement $ 15,000.00 Concreate Work $ 5,000.00 Removal and Replacement of Roof Tile with Tin $ 15,000.00 Hard Cost Contigency $ 4,962.00 Paint $ 30,700.00 Paint Building #1 (5901-5905 NE 2nd Avenue) $15000 Paint Building #2 (5911 NE 2nd Avenue) $8700 Paint Building #3 (5921 NE 2nd Avennue) $7000 Doors $ 20,500.00 Doors Building #1 (5901-5905 NE 2nd Avenue) $12300 Doors Building #2 (59110NE 2nd Avennue) $4500 Doors Building #3 (5921 NE 2nd Avennue) $3700 Windows $ 43,100.00 Windows Building #1 (5901-5905 NE 2nd Avenue) $22700 Windows Building #2 (5911 NE 2nd Avennue) $10000 Windows Building #3 (5921 NE 2nd Avennue) $10400 Awnings $ 22,600.00 Awnings Building #1 (5901-5905 NE 2nd Avenue) $9000 Awnings Building #2 (5911 NE 2nd Avennue) $8000 Awnings Building #3 (5921 NE 2nd Avennue) $5600 Painted Signs $ 6,500.00 Painted Signs Building #1 (5901-5905 NE 2nd Avenue) $3000 Painted Signs Building #2 (5911 NE 2nd Avennue) $2000 Painted Signs Building #3 (5921 NE 2nd Avennue) $1500 Total $ 225,315.00 5901-5909 NE 2 Avenue 5911 NE 2 Avenue 5921 NE 2 Avenue 95,972.00 67,172.00 62,171.00 BUDGET FORM III COST ALLOCATION PLAN All Funding Sources 2007 -2008 AGENCY: Rafael Hernandez Housing & Economic Development Corporation Effective Date Oct 07-Se.pt 08 Oct 07 -Sept 08 Oct 07-Se.pt 08 2007-2008 2008-2009 DMCDC 2007-2008 Line -Item Description City of Miami City of Miami Miami Dade RHHED Citypf Miami Management Fee Total Percentage of Operating Budget Distict 2 District 5 General Fund Special Project 100% 101 STAFF SALARIES $ 30,000.00 $ 45,000,00 $ 30,000.00 $ 30,000.00 $ 24,000.00 159,000.00 200 STAFF MICA $ 435.00 $ 652.50 $ 435.00 $ 435.00 $ 348.00 $ 2,305.50 201 STAFF FICA $ 1,860.00 $ 2,790.00 $ 1,860.00 $ 1,860.00 $ 1,488.00 $ 9,858.00 202 STAFF WORKERS COMP. $ 1,810.00 $ 1,810.00 203 STAFF UNEMPLOYMENT $ 100.00 $ 100.00 204 STAFF GROUP HEALTH INS. $ 3,538.00 $ 3,538.00 252 AUDIT COST $ 7,122.50 $ 2,088.27 $ 91210.77 301 GEN. LIABILITY INS. $ 1,557.50 $ 242.50 $ 1,800.00 303 BONDIN $ 350 TELEPHONE $ 4,200.00 $ 4,200.00 460 SPACE RENTAL $ 12,669.23 $ 5,025.77 $ 1,505.00 $ 19,200.00 501 POSTAGE $ 1,000.00 $ 1,413.73 $ 250.00 $ 21663.73 521 OFFICE SUP. STAFF $ 4,472.50 $ 4,472.50 Archtect fees - - $ 11,500.00 $ 11,500.00 Soft Cost Conti enc $ 2,253.00 $ 2,253.00 Signs (Actual cost) $ 2,000.00 $ 2,000.00 Surveys (Actual Cost) $ 5,400.00 $ 5,400.00 Permits $ 4,500.00 $ 4,500.00 Debris Removal $ 2,500.00 $ 2,500.00 Wrought Iron Removal / Replacement $ 15,000.00 $ 15,000.00 Concreate Work $ 5,000.00 $ 5,000.00 Removal and Replacement of Roof Tile with Tin $ 15,000.00 $ 15,000.00 Hard Cost Conti enc $ 4,962.00 $ 4,962.00 Paint $ 30,700.00 $ 30,700.00 Doors $ 20,500.00 $ 20,500.00 Windows $ 43,100.00 $ 43,100.00 Awnings $ 22,600.00- $ 22,600.00 Painted Signs $ 6,500.00 $ 6,500.00 !TOTAL $ 50,000.00 $ 50,000-00 $ 16,000.00 $ _38,734.50 $ 225,315.00 $ 29,624.00 $ 409673501