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Section XII of this AGREEMENT. <br />D. Payment of Project Activities <br />1. CITY will reimburse SUBRECIPIENT for eligible project -related costs <br />only. SUBRECIPIENT shall submit requests for reimbursement to CITY on a monthly <br />basis beginning on October 20, 2009, and must provide adequate documentation as <br />required by CITY. In addition, SUBRECIPIENT will provide a progress performance <br />report (i.e., Monthly Performance Report, hereinafter referred to as "MPR" Information <br />Form, Quarterly Performance Report, hereinafter referred to as "QPR" Information Form, <br />and Annual Performance Report, hereinafter referred to as "APR" Information Form) for <br />the time period covered, as prescribed by CITY. Failure to provide any of the required <br />documentation and reporting will cause CITY to withhold all or a portion of a request for <br />reimbursement, or return the entire reimbursement package to SUBRECIPIENT, until <br />such documentation and reporting has been received and approved by CITY. <br />2. If SUBRECIPIENT has no request for reimbursement during any <br />month during the term of this AGREEMENT, a MPR or QPR, including an explanation as <br />to why no invoices were being processed, shall be required in lieu of a request for <br />reimbursement. <br />3. The following "Required Expenditure Threshold" criteria have been <br />established to guide the SUBRECIPIENT in structuring and scheduling their expenditure <br />of funds received through this AGREEMENT. The criteria thresholds below are <br />consistent with the criteria used by CITY to determine performance including, but not <br />limited to, determinations of future award of funds, additional funding requests and/or <br />determinations for the recapture of funding. <br />4. The breakdown below represents AGREEMENT end date of June <br />30, 2012. <br />Minimum Required <br />Milestone Dates Expenditure Threshold <br />September 20, 2010 30-35% of contracted Amount Expended <br />June 20, 2011 50-55% of contracted Amount Expended <br />September 20, 2011 60% of contracted Amount Expended <br />February 20, 2012 85-90% of contracted Amount Expended <br />June 20, 2012 100% of contracted Amount Expended <br />Page 7 of 28 <br />