HomeMy WebLinkAboutExhibit 7EXHIBIT C - COMPENSATION AND BUDGET SUMMARY
MICRO -ENTERPRISE ASSISTANCE
A. The City shall pay on behalf of the SUBRECIPIENT, as maximum compensation
pursuant to this Grant Agreement, the sum of $ 10,000 .
B. All payments shall be irk compliance with the approved program line -item
(Itemized) budget attached, hereto and for the approved business. Each written
request for disbursement shall contain a statement declaring and affirming that all
expenditures were made in accordance with this approved budget.
C. The SUBRECIPIENT musit 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 shall
forfeit all rights to payment and the CITY shall not honor any request submitted
thereafter.
D. Any payment due under this Agreement may be withheld pending the receipt and
approval by the CITY of all reports, certificates and licenses due from
SUBRECIPIENT as part of this Agreement and any modifications thereto.
Owner/Authorized Representative Date
3