R96-126 AUTHORIZING THE SUBMISSION OF AN APPLICATION

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Page 2. Keep Illinois Beautiful Grant Agreement. WI-IEREAS, the not-for-protit corporation with which Grantee has entered into a written agreement for the performance of Program Activities, as defined herein, (hereinafter the "Not- For-Profit"), a true and correct copy of which agreement is attached hereto as "E�chibit A", shall be considered to be the agent of Grantee for purposes of this Grant Agreement; NOW THEREFORE, the LTG hereby agrees to make a Keep Illinois Beautiful grant available to Grantee in an amount not to exceed $ 9,000.00 (hereinafter referred to as the "Grant Award") in reliance upon the recitals, representations and warranties, and upon the terms and conditions, contained herein. PART I METHOD OF COMPENSATION AND REIMBURSE�IENT 1. Authorized Costs and Expenditures. Grantee is authorized to incur costs against the Grant Award beginning with the Effective Date and continuing through June 30, 1997 (hereinafter the "Ending Date"). The Ef'fective Date is defined as the date the Grant Agreement is signed by the LTG, also known as the Date of Execution. Both the Grant Award and Grantee's "Matching Contribution", as defined hereinafter collectively referred to as "Progam Funds"), shall be used only for costs which are necessary to accomplish the program activities set forth at "Exhibit B" which is attached hereto and by this reference made a part hereof(hereinafter the "Program Activities"). All actual expenditures of Grant Award funds shall be completed within 90 days after the Ending Date. 2. Payments to Grantee. Fifty percent (50%) of the Grant Award shali be paid upon the Effective Date and the remaining fifty percent (50%) on Aprii 15, or upon receipt of the tirst Performance Report Summary, whichever is later. Both the Grant Award and Grantee's "Matching Contribution", as defined herein (hereinafter collectively referred to as "Program Funds"), shall be used only for costs which are necessary to accomplish the program activities set forth at "Exhibit B". 3. Method of Disbursement and Reimbursement. The method of disbursement and/or reimbursement shall be in accordance with applicable State laws and administrative rules relative to such disbursement and reimbursement, including, without limitation, the rules of the program published in the Illinois Register, Title 47, Part 600.50 or any rules which may subsequently be adopted by the LTG with respect to the Keep Illinois Beautiful Program. Payments to Grantee are subject to the processing of an Invoice Voucher. The first payment under Paragraph 2 above may be an advance for cash needs. The second payment may be applied as reimbursement for costs already incurred or as an advance for cash needs during the remainder of the term of this Grant Agreement.