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if fully set forth, has appropriated a portion of grant funds in the amount of $180,000 to engage CONTRACTOR <br /> to carry out certain program services; <br /> <br /> WHEREAS, the Housing and Community Services Department (hereinafter referred to as "H&CSD") orhis <br /> designees shall administer this Agreement as is necessary or reasonable to comply with or implement the grants <br /> received by COUNTY and as required by law or applicable regulations; and <br /> <br /> WHEREAS, CONTRACTOR, in order to receive grant funds, is agreeable to the terms and conditions <br /> hereinafter set forth; <br /> <br /> NOW, THEREFORE, IT IS MUTUALLY AGREED AS FOLLOWS: <br /> <br /> TERM <br /> <br /> 1. The effective term of this Agreement shall be from the period beginning May 1, 2003 and ending <br />December 31,2004 subjecttotheprovisions of Sections 15,39and41 ofthisAgreement. This Agreement shallbe <br />eligible for extension upon approval by the Board of Supervisors as provided for under the Act and or subsequent <br />federal and state guidelines. CONTRACTOR agrees that any and all funds received under this Agreement shall be <br />disbursed or encumbered on or before December 31, 2004, and that any and all funds remaining as of December 31, <br />2004, which have not been disbursed or encumbered shall be returned by CONTRACTOR to COUNTY. No <br />expense of CONTRACTOR will be reimbursed by COUNTY if incurred after December 31, 2004. No <br /> <br />CONTRACTOR expenses shall be paid if billing is received by COUNTY after January 5, 2005. <br /> PURPOSE <br /> <br /> 2. The purpose of the program funded by this Agreement is to provide workforce investment activities to <br />those seeking employment and to businesses, through local workforce investment systems, that increase <br />employment, retention, earnings and occupational skill attainment and, by increasing the effectiveness of local and <br />regional business through economic development activities, job matching, and other services, and, as a result, <br /> <br /> 4 <br />Contract/93283 <br />REV O8/2~/03 <br /> <br /> <br />