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25B - AGMT - VOCATIONAL TRAINING AND WORK EXPERIENCE PROGRAM
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05/06/2013
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25B - AGMT - VOCATIONAL TRAINING AND WORK EXPERIENCE PROGRAM
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Last modified
5/2/2013 3:00:25 PM
Creation date
5/2/2013 2:54:39 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25B
Date
5/6/2013
Destruction Year
2018
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />outstanding debt to ADMINISTRATOR's satisfaction, prior to <br />entering into and during the term of this Agreement. <br />23. REVENUE <br />Whenever CONTRACTOR receives any money specifically <br />designated for use in programs funded through this Agreement, <br />such monies shall be considered a cost off-set and treated as a <br />reduction against the amount claimed by CONTRACTOR, except for <br />Program Income as defined in Title 45 CFR Section 92.25, as that <br />section currently exists or may be hereafter amended. The <br />procedure for designating money as Program Income is set forth in <br />Paragraph 24 of this Agreement. <br />24. PROGRAM INCOME <br />It is mutually understood that the State or Federal agency <br />responsible for providing the funding for this Agreement may <br />designate certain revenue of CONTRACTOR as Program Income. To be <br />designated as Program Income and, therefore, as other than a cost <br />off-set, CONTRACTOR shall do all of the following: <br />24.1 Submit a plan to ADMINISTRATOR for the use of any and <br />all proposed Program Income; <br />24.2 Set up and maintain a separate bank account for any <br />proposed Program Income and account for any and all such income <br />received; and <br />24.3 Report to ADMINISTRATOR any and all Program Income <br />received no later than thirty (30) days from the date of receipt, <br />record the amount received on internal financial records, and <br />indicate the amount received on the monthly claim submitted to <br />ADMINISTRATOR. <br />24.4 ADMINISTRATOR will then forward the plan for the <br />(WAM0313) <br />30 of 48 <br />25B-32 <br />(April 8, 2013)
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