HomeMy WebLinkAboutExhibit 3EXHIBIT 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 $50,000
B. During the term hereof and for a period of three (3) 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. All payments shall be reimbursements for expenditures incurred only during the term of
this Agreement and in compliance with the approved Itemized Budget attached hereto.
D. Requests for payment should be made at least on a monthly basis in a form provided by
the Department. All documentation in support of each request for reimbursement
hereunder shall be subject to approval by the City at the time the request is made, and all
invoices are required to be paid by the SUBRECIPIENT prior to submission.
Reimbursement requests should be submitted to the CITY within thirty (30) calendar
days after the indebtedness has been incurred in a form provided by the Department.
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.
F. 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
Agreement and any modifications thereto.
<Executive Director's Name> Date
Executive Director
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