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EXHIBIT B <br />COMPENSATION/PAYMENT <br />City of Santa Ana <br />COVID-19 Arts Relief Program Schedule <br />AUGUST 7, 2020 - DECEMBER 30, 2020 <br />I. Compensation: This is a cost reimbursement service CONTRACT between the CITY and the <br />CONTRACTOR for Arts Relief Program as set forth in Attachment A — Scope of Work. The <br />total CONTRACT amount shall not exceed $500,000.00. <br />The CONTRACTOR agrees to accept the specified compensation as set forth in this <br />CONTRACT as full remuneration for performing all services and furnishing all staffing labor, <br />insurance requirements and taxes required, for any reasonable unforeseen difficulties which may <br />arise or be encountered in the execution of the services until acceptance, for risks connected with <br />the services, and for performance by the CONTRACTOR of all its duties and obligations <br />hereunder. The CONTRACTOR shall only be compensated as set forth hereinbelow for work <br />performed in accordance with Attachment A - Scope of Work. CONTRACTOR will act a pass <br />through to distribute funds. Full allocation of $480,000 shall be awarded to individuals, <br />small businesses, and non -profits. <br />II. Upon the effective date of this CONTRACT, CITY shall make payments to CONTRACTOR <br />in accordance with the following payment schedule: <br />A. Grant Award — Payment: The CITY will issue payments according to the following <br />payment schedule: <br />a. After commencement of program, CONTRACTOR will identify eligible <br />individuals, businesses, or non -profits for grant award. CONTRACTOR will <br />ensure all applicants can provide necessary documentation for award. <br />b. CONTRACTOR will then submit a memo/email to the CITY documenting the <br />awardees, their organizations and the grant award amount. The CITY will <br />approve the grant award list and send confirmation to the CONTRACTOR. <br />c. Upon receipt of CITY confirmation, CONTRACTOR will send CITY an <br />invoice for those grant awards. <br />d. CITY will approve invoice and wire the award amount to CONTRACTOR for <br />distribution to the awardees within one (1) business day <br />e. Upon distribution to grants, CONTRACTOR will provide CITY with <br />documentation indicating that the grants were processed through Electronic <br />Fund Payment (EFT) or check payment. <br />B. Administrative Fees — Payment: The CITY will issue a payment to CONTRACTOR at <br />the completion of each grant distribution in an amount not to exceed $20,000. If all <br />20 <br />