AgdaPkt 2000-02-14 - Laserfiche WebLink

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):f9 City of Redwood City Grant Agreement No. 99-037 Page 5 SIGNS The grantee shall erect signs visible from the nearest public roadway directing the public to the project. In addition, the grantee shall erect signs acknowledging Conservancy assistance and displaying the Conservancy's logo, unless the grantee incorporates this acknowledgement into other signage in a manner approved by the Executive Officer. The Conservancy shall provide specifications for the Conservancy signs and logo to the grantee for this purpose. Plans . describing the number, design, placement, and wording of the signs shall be submitted to the Conservancy for review and written approval prior to the installation of signs. Final reimbursement may be withheld by the Conservancy pending placement of the signs in the manner approved by the Conservancy. BONDING AND LIEN RELEASE If the grantee intends to use any contractor(s) on any portion of the project to be funded under this agreement, construction shall not begin until each such contractor has furnished a 0 performance bond in favor oftM @6Rl1C1.~1.c.) M1& the grantee, in the following amounts: for /¡{, faithful performance, one hundred percent (100%) of the contract value; and for labor and materials, one hundred percent (100%) of the contract value. This requirement shall not apply to any contract for less than $20,000. COSTS AND DISBURSEMENTS Upon determination by the Conservancy that an "CONDITIONS PRECEDENT TO CONSTRUCTION AND DISBURSEMENT" have been fully met, the Conservancy shall disburse to the grantee, in accordance with the approved project budget, a total amount not to exceed the amount of this grant, as follows: Disbursement shall be made on the basis of costs incurred, upon the grantee's satisfactory completion of construction of the project and compliance with the "PROJECT COMPLETION" section of this agreement, and upon the Conservancy's acceptance ofthe project. The grantee shall request disbursements by filing with the Conservancy fully executed "Request for Disbursement" forms (available from the Conservancy). The grantee shall include on the forms its name and address, the number of this agreement, the date of the submission, the amount of the invoice, the period during which the work was actually done, and an itemized description of all work done for which disbursement is requested. The forms shall be signed by an authorized .... "..., ...__. - ....,......-..-.,. ,..,....--..".-,[--........