ORANGE, COUNTY OF (57) - Laserfiche WebLink

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development overhead, operation and maintenance, for which CITY agrees to be responsible entirely. 3. For purposes of this Agreement, the Newhope Branch Library shall be completed no later than June 30, 1978. All funds.received under this contract shall be disbursed or encumbered on or before June 30, 1978. 4. CITY's Finance Director shall serve as Fiscal Officer with II respect to the Project. He shall maintain accounting records, including records of all receipts and disbursements, and other evidence pertaining to costs incurred, which records shall be kept available in the public records of his office for the period of this Agreement and thereafter for five (5) years from the date of final payment of COUNTY Revenue Sharing Funds. He shall make said records available to COUNTY for any purpose at any time. He shall supply quarterly progress reports to the County Administrative Office -Revenue Sharing Office until the date of final payment. 5. The Fiscal Officer shall tender invoices and documentation to COUNTY's Administrative Office -Revenue Sharing Office. COUNTY will make payments for actual expenditures upon approval of the invoices by the II Administrative Office. CITY agrees that plans and specifications shall IT be approved by the County Administrative Office -Revenue Sharing Office, I prior to any payment by COUNTY to CITY concerning this project. 6. The Fiscal Officer having charge of the funds provided by this Agreement shall, pursuant to California Government Code Section 6505.1, have filed an official bond in the amount of $100,000.00---------------: 7. CITY acknowledges that the funds being provided by COUNTY are funds received by COUNTY pursuant to the State and Local Fiscal Assistance l Act of 1972, and that expenditure of these funds must be in accordance 1with said law and regulations issued by agencies of the Federal Governments. 3.