MANAGED CAREER SOLUTIONS, SPC (8)

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writing executed by the City Manager, or her designee, and the City Attorney. C. Amount of Grant Fundine. The total amount of funds provided for said program shall not exceed Two Million One -Hundred and Eighty Thousand Dollars ($2,180,000.00) ("CARES Act Funds") during the Term ofthe Agreement. SUBRECIPIENT agrees to administer said program as outlined in Exhibit A, and within the terms of this Agreement, and to use said CARES Act Funds to administer said program pursuant to the regulations in Exhibit B attached hereto and incorporated herein by reference. (1) Funds for Santa Ana CARES Utility Assistance Grant. SUBRECIPIENT will be disbursed funds up to an amount not to exceed Two Million, Dollars ($2,000,000.00) to be used solely for grants to eligible participants in said program in accordance with Exhibit A. (2) Administrative Funds. CITY shall make administrative fee payment(s) to SUBRECIPIENT in the amount of nine percent (9%) of program funding for administering said program, which equals a total amount not to exceed One -Hundred and Eighty Thousand Dollars ($180,000.00), pursuant to the terms detailed in Exhibit B. SUBRECIPIENT shall submit invoice(s) to receive a net total upfront payment of twenty percent (20%) of the administrative fee, which equals Thirty -Six Thousand Dollars ($36,000.00). Future invoices will reflect a credit for the upfront administrative fee payment(s) made. Final administrative fee payment will be based on nine percent (9%) of the total grant funds issued. D. Disbursement of Funds. Said CARES Act Funds shall be disbursed by CITY to SUBRECIPIENT pursuant to the terms found in the Compensation/Payment attached hereto as Exhibit B, with payments subject to the submittal of invoices and other reporting requirements, as hereinafter more fully set forth. SUBRECIPIENT shall be obligated to perform such duties as would normally extend beyond the term, including, but not limited to, obligations with respect to indemnification, audits, reporting, data retention/reporting, and accounting, subject to any separate agreement between CITY and SUBRECIPIENT that may impose additional duties. Failure to provide any of the required documentation and reporting will cause CITY to withhold all or a portion of a request for CARES Act Funds, or return the entire request to SUBRECIPIENT, until such documentation and reporting has been received and approved by CITY. (signatures on followingpage) E