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Association of Bay Area Governments <br />19-REAP-13915 <br />Page 1 of 4 <br />(Rev. 5/28/2020) <br />EXHIBIT B <br />Regional Early Action Planning Grants (REAP) <br />NOFA Date: October 10, 2019 <br />Approved Date: March 30, 2020 <br />Prep. Date: (March 31, 2020) <br />BUDGET DETAIL AND PAYMENT PROVISIONS <br />1.Application for Funds <br />A.The Department is entering into this Agreement on the basis of, and in <br />reliance on facts, information, assertions and representations contained in <br />any application and award and any subsequent modifications or additions <br />thereto approved by the Department. All awarded applications for funding <br />and any approved modifications and additions thereto are hereby <br />incorporated into this Agreement. <br />B.The Grantee warrants that all information, facts, assertions and <br />representations contained in any approved application and approved <br />modifications and additions thereto are true, correct, and complete to the <br />best of the Grantee’s knowledge. In the event that any part of an <br />application and any approved modification and addition thereto is untrue, <br />incorrect, incomplete, or misleading in such a manner that would <br />substantially affect the Department's approval, disbursement, or monitoring <br />of the funding and the grant or activities governed by this Agreement, the <br />Department may declare a breach hereof and take such action or pursue <br />such remedies as are provided for breach hereof. <br />2.Grant and Reimbursement Limit <br />A.The maximum total amount encumbered to the Grantee pursuant to this <br />Agreement shall not exceed $5,900,000.00. <br />B.This Agreement authorizes an initial advance payment(s) up to 25% Award <br />for eligible activities as described in the 25 percent application. <br />C.This Agreement authorizes subsequent award amounts or advance <br />payment up to the total award amount as described in Section 2A, of this <br />Exhibit, and subject to Department approval. <br />D.The Grantee shall submit and follow a schedule for the expenditure of the <br />25 percent advance payment, any subsequent payment and the total <br />DocuSign Envelope ID: 8A67B327-8D8D-41F3-A9AA-0E6612310575