Agmt15 Mezes Court Associates (MCA)

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3. CHANGES TO PROJECT. No changes in the Project described in this Agreement which is funded by the financial assistance provided under Paragraph 1 will be made without the prior written consent of City. 4. PAYMENTS. Contractor will keep detailed and accurate records of all expenditures made and expenses incurred which are funded under this Agreement. Payments of funds allocated pursuant to this Agreement will be made to Contractor on a reimbursement basis as follows: (i) Funds shall be disbursed to Contractor as work progresses and such work is acceptable to the City and upon receipt of approved requests for payment submitted to the City electronically to the website specified by City's CDBG/HOME Program; (ii) all requests for payment will be accompanied by copies of original receipts or other proof of expenditures, and shall disclose amounts of Program Income, if any, generated by user fees; (iii) final payment request must be submitted and received by the City no later than June 1, 2016; (iv) the Program income, if any, will be subtracted from corresponding requests for payment; and (v) Program Income, if applicable, will be expended by Contractor prior to requesting reimbursements from City. 5. STANDARD OF SERVICE. Contractor warrants to City that it will use and account for all funds provided hereunder strictly in accordance with standards goveming the use of, and accountability for, funds held and disbursed in trust. The Project will conform to the highest standards providing for projects of similar or like nature in the San Francisco Bay Area. Contractor will be responsible for, and hold City harmless from, any failure to adhere to such standards. Contractor will verify that all activities funded hereunder benefit only residents within City's corporate limits. REV:08-14-15 RL Page 3 of 26 ATTY/AGR.2015.176lMIDPEN City CenterApts Rehab