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� <br /> � . <br /> Units er Month Total Units Com letion Date <br /> Act#1 —24 Housing Units Thursday,April 18, 2007 <br /> C. Staffing <br /> Executive Board— 100% <br /> Activities will be carried out by the Executive Board until such time as a coordinator <br />' can be hired. <br /> D. Performance Monitoring <br /> The City will monitor the performance of the Subrecipient against goals and <br /> performance standards required herein in accordance to the CDBG recipient <br /> monitoring plan. Substandard performance as determined by the City will constitute <br /> noncompliance with this agreement. If action to correct such substandard <br /> performance is not taken by the Subrecipient within a reasonable period of time as <br /> specified by the City and in accordance to the CDBG monitoring Plan, then, after <br /> being notified by the City, contract suspension or termination procedures will be <br /> initiated. <br /> II. TIME OF PERFORMANCE <br /> Services of the Subrecipient shall NOT begin until a Notice to Proceed has been issued by the <br /> Economic and Urban Development Department-Neighborhood Redevelopment Division of the <br /> City. The term of this Agreement and the provisions herein shall end at completion of the fiscal <br /> year, namely April 18, 2008. Program income proceeds (if applicable) shall be accounted for <br /> quarterly, and shall be used only for the purpose outlined in the proposal. All program income <br /> will revert to City if Subrecipient fails to adequately demonstrate that program income was spent <br /> as agreed, or if the Subrecipient ceases to exist. <br /> III. BUDGET <br /> Line Item Amount <br /> ADMINISTRATION (20% of Grant Max) $ -0- <br /> PROGRAM IMPLEMENTATION <br /> Material & Labar $17,139 <br /> Phone $ 350 <br /> Photocopies &Postage $ 300 <br /> PROGRAM IMPLEMENTATION $17,789 <br /> TOTAL: <br /> Subrecipient Agreement(Rev. 07/31/07) Page 2 of 18 <br />