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Page 5 of 12 <br />ATTY/AGR/2016.128/ COUNTY OF SAN MATEO <br />REV: 06-17-16 FF <br />Exhibit B2 <br />Redwood City – Fair Oaks Community Center <br />Method and Rate of Payment <br />July 1, 2016- December 31, 2016 <br /> <br />In consideration of the services provided by Contractor and subject to the terms of the <br />agreement, the County shall pay contractor based on the following fee schedule and terms. <br /> <br />A. Payment Schedule: <br /> <br />Payments to Contractor from July 1, 2013 through June 30, 2016 total $290,706. <br /> <br />General Funds <br />All payments of general funds to Contractor for the term of July 1, 2016 through December 31, <br />2016 shall not exceed $46,216. Contractor shall invoice County quarterly. <br /> <br />The invoice for the first quarter (July 1, 2016 through September 30, 2016) is due no later than <br />July 31, 2016. This will serve as the first quarterly payment and will be considered an advance. <br />Contractor will invoice for the second quarter (October 1, 2016 through December 31, 2016) no <br />later than January 20, 2017. <br /> <br />In the event that this contract is terminated prior to December 31, 2016, Contractor will be paid a <br />pro-rated amount based on the number of days Contractor has provided services in the quarter as <br />stated in a letter from the County. <br /> <br />General Fund Offset Funds <br /> <br />The General Fund offset funds are administered via the process established between the <br />Department of Housing and the Human Services Agency in response to Contractor’s application <br />for Community Development Block Grant (CDBG) funds and in lieu of CDBG funding. In no <br />event shall the funds exceed $7,550 for July 1 through December 31, 2016. This amount is based <br />on the anticipated CDBG allocation as determined by the Department of Housing and is <br />contingent upon allocation and availability of CDBG funding. Invoice is due no later than July <br />31, 2016. <br /> <br />Total <br /> <br />The total obligation during July 1, 2016 through December 31, 2016 shall not exceed $53,766. <br /> <br /> <br /> <br /> <br /> <br /> <br />6.1.G. - Page 7