Agmt09 RWC 2020 Pacific Forest and Watershed Lands Stewardship Council

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Stewardship Council 7. Grantee hereby represents that all information provided by Grantee in the Proposal and any other submissions to the Stewardship Council is true and accurate in all material respects. If any of the information changes in any material respect before the Grantee's use of all Grant Funds, Grantee shall promptly provide a written update of such information to the Stewardship Council. 8. The Grant Funds will be disbursed by the Stewardship Council as follows: fifty percent (50 %) upon mutual execution of this Agreement, and fifty percent (50 %) upon receipt and approval of Grantee's interim status report, which shall include an update on the manner in which the Grant Funds are spent and the progress made in accomplishing the purposes of the Grant. Such interim status report shall be due no later than nine (9) months following the commencement of the Grant Period. It is understood that Grant Funds are to be expended during the Grant Period. Within a reasonable period of time (but no later than thirty (30) days) after the close of the Grant Period, Grantee will • furnish the Stewardship Council with a full and complete written report detailing all expenditures made from Grant Funds and indicating the progress made toward achieving the goals of the Grant. 9. The Stewardship Council shall have the right to inspect the books, records and physical properties of Grantee and evaluate Grantee's use of Grant Funds, so long as (i) such inspection or evaluation occurs during regular business hours; (ii) such inspection or evaluation does not unreasonably interfere with Grantee's regular operations; and (iii) the Stewardship Council provides at least three (3) days prior notice of any such inspection or evaluation. Grantee agrees to cooperate with and provide information to the Stewardship Council in connection with any inspection or evaluation conducted pursuant to this Agreement. 10. Grantee will indicate the Grant Funds separately on its books of account, charge expenditures made in furtherance of the Grant purposes against the Grant Funds, and keep records adequate to enable the use of the Grant Funds to be checked readily. 11. Grantee will keep these records, along with copies of the reports submitted to the Stewardship Council, for at least four years, and make the records available to the Stewardship Council at reasonable times. 12. The Stewardship Council's obligations under this Agreement shall not exceed the grant amount in paragraph 1 above. 13. This Agreement shall terminate upon Grantee's use of all of the Grant Funds as contemplated by this Agreement, or upon the return of any unused Grant Funds, provided, however, that the provisions in paragraph 11 shall survive for four years after termination and the provisions of paragraph 20 shall survive the termination of this Agreement indefinitely. City of Redwood City - 2009 Initiative Grant Page 2 of 7 December 1, 2009