HomeMy WebLinkAboutExhibit 3EXHIBIT C — COMPENSATION AND BUDGET SUMMARY
A. The City shall pay the Sub -recipient, as maximum compensation for the services
required pursuant to this Agreement the sum of $90,000.00. Sub -recipient's
Itemized Budget, Cost Allocation, Budget Narrative, Staff Salaries Schedule are
attached hereto, as applicable, and made part of this contract.
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 Sub -recipient pertaining to any payments
by the City.
C. Requests for payment should be made at least on a monthly basis in a form
provided by the Department. 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.
D. The Sub -recipient must submit the final request for payment to the City within
thirty (30) calendar days following the expiration date or termination date of this
Agreement in a form provided by the Department. If the Sub -recipient fails to
comply with this requirement, the Sub -recipient 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 Sub -recipient as a part of this
Agreement and any modifications thereto.
<Executive Director's Name> Date
Executive Director