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ILLUMINATION FOUNDATION (9)
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ILLUMINATION FOUNDATION (9)
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Last modified
3/26/2021 8:14:01 AM
Creation date
10/14/2020 8:09:04 AM
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Contracts
Company Name
ILLUMINATION FOUNDATION
Contract #
A-2020-195
Agency
Community Development
Council Approval Date
10/6/2020
Expiration Date
3/21/2021
Insurance Exp Date
1/1/2021
Destruction Year
2026
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3. COMPENSATION <br />a. 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 Tenn as <br />provided in Exhibit B. 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 $1,595,406. <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 B. City shall pay Contractor the invoiced amounts <br />within thirty (30) days following receipt of proper invoice. <br />e. 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. ESG-CV <br />ii. ESG-CV2 <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 />amount of compensation in said funding agreements shall count toward the total <br />amount due and owing from City to Contractor under this Agreement, not <br />compensation in addition to the total amount of this Agreement. If Contractor does <br />not execute any of the separate funding agreements, Contractor will forfeit that <br />amount of funding from that Funding Source, and City will have the option to <br />terminate this Agreement pursuant to the terms of Section 15, below. Additionally, <br />in the event any Funding Source is reduced by 25% or more, City will have the <br />option to terminate this Agreement pursuant to the terms of Section 15, below. <br />4. SERVICE DELIVERY MONITORING <br />The City Manager or his or her designee shall have the right to access all activities and <br />facilities operated by Contractor under this Agreement. Facilities include all files, records, and <br />other documents related to the performance of this Agreement (except for any such materials which <br />Contractor is required by law to keep confidential). Activities include attendance at staff, board <br />of directors, advisory committee and advisory board meetings, and observation of on -going <br />program functions. Contractor shall permit on -site inspection of the Shelter by City and ensure <br />that Contractor's employees and board members furnish such information, as in the reasonable <br />judgment of the City may be relevant to the question of compliance with contractual conditions, <br />or the effectiveness, legality, and achievements of the Services. <br />Page 3 of 11 <br />
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