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Res88 10891
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Res88 10891
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Last modified
12/2/2008 9:05:57 AM
Creation date
12/15/2006 11:50:06 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
8/22/1988
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<br />SWC : mmg 8 / ~ ' 8 ( # 3 7 / 0 11 ) <br />SWC:aml 8/1/d8R <br /> <br />such accounting. In addition to the foregoing, and in any event, <br /> <br />Heron Court shall submit to City no later than July 3l, 1989, a <br /> <br />detailed financial statement and analysis setting forth the <br /> <br />foregoing information and further setting forth a review and <br /> <br />report of all of Heron Court's operational and financial <br /> <br />activi ties during the term hereof. <br /> <br />Heron Court shall, on a <br /> <br />monthly basis, submit to City's Housing Coordinator a program <br /> <br />analysis and progress report documenting Heron Court's success in <br /> <br />meeting the goals set forth in Exhibit "A". <br /> <br />The final report <br /> <br />shall be submitted no later than July 15, 1989. <br /> <br />If Heron Court <br /> <br />fails to submit such monthly reports on a timely basis, or if <br /> <br />City determines that such reports as submitted are insufficient <br /> <br />to determine whether or not Heron Court is meeting said goals, <br /> <br />City may withhold funds until such satisfactory reports are <br /> <br />received. <br /> <br />6. <br /> <br />TERMINATION. <br /> <br />Ci ty or Heron Court may terminate this <br /> <br />Agreement without cause at any time during the term hereof by <br /> <br />giving the other party thirty (30) days written notice that such <br /> <br />party intends to terminate this Agreement. <br /> <br />In the event of <br /> <br />termination by the City or by Heron Court, Heron Court shall <br /> <br />submit a final invoice for any unreimbursed expenditures already <br /> <br />incurred. <br /> <br />For purposes of this paragraph, the term "incurred" <br /> <br />shall not mean "encumbered", and shall refer solely to the actual <br /> <br />performance of quantities of work by a contractor. <br /> <br />Heron Court <br /> <br />shall provide City with a final report of services provided under <br /> <br />this contract within thirty (30) days from date of termination. <br /> <br />3 <br />
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