S.A. W/O/R/K CENTER 1 - 2004 - Laserfiche WebLink

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II. and other related administrative or personnel costs, no persons who exercise or have exercised any function with respect to FEZ activities assisted under the terms of this Agreement, or who are in a position to participate in a decision-making process or gain inside information with regard to such activities, may obtain a financial interest or benefit from a FEZ-assisted activity of SUBRECIPIENT, either for themselves or those with whom they have family or business ties, during their tenure or for one year thereafter. This prohibition applies to any person who is an employee, agent, consultant, officer, or elected or appointed official of SAEC, or of any designated public agencies, or the SUBRECIPIENT. Q. SUBRECIPIENT acknowledges and warrants that prior to having any contractor perform work paid for by FEZ funds, that it shall be responsible (i) for providing such contractor with a copy of this Agreement, and (ii) ensuring that any such contractor executes and provides to the Executive Director of SAEC a letter in substantially the form of Exhibit F hereto, agreeing to be bound by the terms of this Agreement. R. SUBRECIPIENT acknowledges and warrants that during the term of this Agreement it shall to the maximum extent feasible collaborate with other SUBRECIPIENT to ensure that duplication of services is avoided. Such collaboration shall include, but not be limited to, regular attendance (i.e., an attendance record exceeding 50%) and active participation in the appropriate committee or committees established pursuant to the Strategic Plan. SAEC'S OBLIGATIONS Upon execution of this Agreement by SUBRECIPIENT, SAEC shall pay to SUBRECIPIENT from FEZ funds, when, if and to the extent received from HUD, for SAEC's 2004-05 FEZ program year amounts expended by SUBRECIPIENT in carrying out said program for fiscal year 2003-04 pursuant to this Agreement up to a maximum aggregate payment of Five Hundred Thousand Dollars ($500,000.00) in installments determined by SAEC. Payments shall be made to SUBRECIPIENT through the submission of periodic invoices, in a form prescribed by SAEC, detailing such expenses. SAEC shall pay such invoices within thirty (30) days after receipt thereof provided SAEC is satisfied that such expenses have been incurred within the scope of this Agreement and that SUBRECIPIENT is in compliance with the terms and conditions of this Agreement. III. PROGRAM INCOME A. For the purposes of this Article (III) "Program income," shall mean gross income received by the SUBRECIPIENT directly generated from the use of FEZ funds, except as provided below in Paragraph III.C. When such income is generated by an activity that is only partially assisted with FEZ funds, the income shall be prorated to reflect the percentage of FEZ funds used. Page 5 of 13