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06-26-1991 Council Agenda
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06-26-1991 Council Agenda
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shall be specified in the Exhibits. <br />B. For all agencies which are presently parties to Joint <br />Cooperation Agreements with the COUNTY covering planning, <br />distribution of funds, and program execution under the Act, <br />the AGENCY remains subject to the provisions of such <br />agreement. <br />5. COMPENSATION AND METHOD OF PAYMENT <br />A. The COUNTY shall reimburse the AGENCY %pr the services <br />specified in the Exhibits in an amount not to exceed <br />$120,000. Reimbursement shall` be based on a Community <br />Development Voucher and Reporting Form submitted with <br />supporting documents and signed by the AGENCY's authorized <br />representative. <br />B. The AGENCY shall submit a properly executed Voucher and <br />Reporting Form no later than fifteen (15) working days after <br />the close of each billing period. The COUNTY will make <br />payment to the AGENCY not more than twenty -one (21) working <br />days after said invoice is received and approved by the <br />COUNTY. The COUNTY will issue a statement of correction <br />voucher in the event that the voucher request is erroneous. <br />Payment does not constitute absolute approval. <br />6. OPERATING BUDGET <br />The AGENCY shall apply the funds received from the COUNTY under <br />this Agreement in accordance with the requirements of the <br />Exhibit(s) attached hereto. <br />7. FUNDING ALTERNATIVES AND FUTURE SUPPORT <br />A. The AGENCY shall report all project income generated under <br />this Agreement or generated through the project(s) funded <br />under this Agreement. All project income must be returned to <br />the COUNTY unless prior written agreement to the contrary is <br />obtained. Any project income retained by the AGENCY shall be <br />for the sole purpose of future use for eligible CDBG <br />activities consistent with the scope and purpose of this <br />project as set forth in the attached exhibits. Project <br />income retained by the AGENCY shall be applied in accordance <br />with federal requirements. <br />B. The COUNTY makes no commitment to future support and assumes <br />no obligation for future support of the activities contracted <br />for herein, except as expressly set forth in this Agreement. <br />C. Should anticipated sources of revenue not become available to <br />the COUNTY for use in the Community Development Block <br />Program, the COUNTY shall immediately notify the AGENCY in <br />writing and the COUNTY will be released from all contracted <br />liability for that portion of the Agreement covered by funds <br />not received by the COUNTY. <br />8. AMENDMENTS <br />Either party may request modifications in the scope of services, <br />-3- <br />Page 45 <br />
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