Agmt05 CDBG Casa de Redwood - Laserfiche WebLink

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fiscal year commencing July 1, 2005, and ending June 30, 2006, solely for the purposes described in paragraph 2. 2. Use of Funds. Contractor will use the funds provided pursuant to paragraph I solely for the Project purposes described in Exhibits "A" (Budget), "B" (Contract Objectives), and Exhibit "c" (Compliance ~ with California Labor Laws and Federal Requirements), attached hereto and by this reference incorporated herein. 3. Chan2es to Pro2ram. No changes in the Project described in this Agreement which is funded by the financial assistance provided under Paragraph I will be made without the prior written consent of City. 4. Payments. Contractor shall keep detailed and accurate records of all expenditures made and expenses incurred which are funded under this agreement. Payments of funds allocated pursuant to paragraph I shall be made to Contractor on a reimbursement basis as follows: (i) Contractor shall submit requests for payment to City monthly on forms provided by City's Housing Coordinator; (ii) all requests for payment shall be accompanied by receipts or other proof of expenditure, and will disclose amounts of Program income, if any, generated by user fees; (iii) Contractor will submit billings over a ten-month period. Final payment must be submitted and received by the City no later than May 20, 2006, pursuant to Exhibit A; (iv) Program income, if applicable, will be expended by Contractor prior to requesting additional 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 governing 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 8/30/05 km 2