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during the fiscal year commencing July 1, 1996, and ending June 30, 1997, <br />solely for the purposes described in paragraph 2. <br /> <br /> 2. Use of Funds. Contractor shall use the funds provided pursuant to <br />paragraph 1 solely for the Program purposes described in Exhibits "A" (Budget), <br />"B" (Contract objectives), and "C" (Compliance with California Labor laws and <br />Federal Requirements), attached hereto and by this reference incorporated <br />herein. <br /> <br /> 3. Chan.qes to Pro.qram. No changes in the Program described in this <br />Agreement which are funded hereunder shall be made without the prior written <br />consent of City. <br /> <br /> 4. Payments. Contractor shall keep detailed and accurate records of all <br />expenditures made and expenses incurred which are funded under this <br />agreement. Payments of funds allocated pursuant to paragraph I shall be made <br />to Contractor on a reimbursement basis as follows: (i) Contractor shall submit <br />requests for payment to City monthly on forms provided by City's Housing <br />Coordinator; (ii) all requests for payment shall be accompanied by receipts or <br />other proof of expenditure, and shall disclose amounts of Program income, if <br />any, generated by user fees; (iii) such income amounts shall be subtracted from <br />corresponding requests for payment; and (iv) Program income shall be <br />expended by Contractor prior to requesting additional reimbursements from City. <br /> <br /> 5. Standard of Service. Contractor warrants to City that it will use and <br />account for all funds provided hereunder strictly in accordance with standards <br />governing the use of, and accountability for, funds held and disbursed in trust. <br /> <br />G/s~/Rwc/c/ 2 <br />Agmt-058 <br />FXS,~s <br />1/16/97 <br /> <br /> <br />