R2001-17 AUTHORIZING SUBRECIPIENT AGREEMENTS

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C. Staffin N/A D. Performance Monitorin� The City will monitor the performance of the Subrecipient against goals and performance standards required herein. Substandard performance as determined by the City will constitute non-compliance with this agreement. If action to correct such substandard performance is not taken by the Subrecipient within a reasonable period of time as specified by the City, then, after being notified by the City, contract suspension or termination procedures will be initiated. II. TIME OF PERFORMANCE Services of the Subrecipient shall begin when given a Notice to Proceed by the Neighborhood Services Department-Neighborhood Renewal Division of the City. The term of this Agreement and the provisions herein shall end at completion of the fiscal year, namely April 21, 2002. Program income proceeds (if applicable) shall be accou.nted for quarterly, and shall be used only for the purpose outlined in the proposal. All program income will revert to City if Subrecipient fails to adequately demonstrate that program income was spent as agreed, or if the Subrecipient ceases to exist. III. PAYMENT It is expressly agreed and understood that the total amount to be paid by the City under this contract shall not exceed $11,126.61. Drawdowns for the payment of eligible expenses shall be made against the line item budgets specified in CDBG application and in accordance with performance. Expenses for general administration shall also be paid against the line item budgets specified in the CDBG application and in accordance with performance. Requests may be presented on the 7th and/or 21 st of each month. However,payment requests must be made at least on a monthly basis. � Payments may be contingent upon certification of the Subrecipient's financial I management system in accordance with the standards specified in OMB Circular A-110, ' Attachment F. 2