Laserfiche WebLink
complete such purpose, whether or not such funds are included in Exhibit C, and <br />(ii) indemnify, defend and hold Contractor harmless from any loss, claim or damage <br />arising from City's default of its obligations hereunder in connection with such <br />option and purchase. If City acquires fee title to the Site, City and Contractor may, <br />but shall not be obligated to, terminate the Lease. However, the parties intend that <br />no such acquisition of the Site by the City shall modify the rights and obligations <br />of the parties under this Agreement. <br />3. START-UP FUNDING AND COMPENSATION <br />a. Within thirty (30) days of the Effective Date of this Agreement, City agrees to <br />provide Contractor with $591,289 for start-up funding as provided in the Schedule <br />of Start -Up Costs attached hereto as Exhibit C and incorporated herein by <br />reference. <br />b. From and after the Effective Date, City shall pay Contractor the monthly fee as <br />compensation for all Services rendered under this Agreement during the Term as <br />provided in Exhibit C. An audit of expenses will be conducted on a semi-annual <br />basis to reconcile any over or under -payment of expenses by the City. In the case <br />of the former, Contractor shall credit the City the amount of over -payment in the <br />immediate period. In the case of the latter, the City shall pay the Contractor the <br />amount of the under -payment. <br />C. The total sum to be expended under this Agreement shall not exceed $38,099,351. <br />d. Contractor shall submit an invoice to the City (evidencing fees, costs or services <br />performed, subject to City accounting procedures) when Contractor needs funds <br />provided for in the Exhibit C. With the exception of the payment required by <br />Section 3.a., City shall be Contractor the invoiced amounts within thirty (30) days <br />following receipt of proper invoice. <br />C. The compensation required pursuant to this Agreement will be paid by City to <br />Contractor from multiple federal, state, and local funding sources (each <br />individually a "Funding Source" and cumulatively the "Funding Sources"), <br />including, but not limited to, the following: <br />i. <br />HHAP-COVID <br />ii. <br />HEAP <br />iii. <br />HHAP <br />iv. <br />CDBG-CV <br />V. <br />ESG <br />vi. <br />ESG-CV <br />vii. <br />ESG-CV2 <br />viii. <br />PLHA <br />Contractor will be required to enter into a separate funding agreement for each <br />Funding Source. Contractor will be required to comply with all requirements of <br />each Funding Source, as detailed in the separate funding agreements. The total <br />sirn309r5-000woa20isrnorzo20 Page 3 of 10 <br />