Common use of CONTRACTOR’S FINANCIALS Clause in Contracts

CONTRACTOR’S FINANCIALS. 1. City Council requires that each non-profit organization receiving $320,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of the end of the organization’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division and posted on the organization’s website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY which provide for the payment of an aggregate amount that equals or exceeds $320,000 in grant and/or subsidy funds in any one fiscal year. Non- profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring the total annual funding to equal or exceed $320,000, and also to any other agreement with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement regardless of the title of the agreement. 3. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000. Without limitation of any other remedy, CONTRACTOR’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTOR’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 250,000 or more in funds from the CITY or Redevelopment Agency (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organization’s Agency website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY and/or Redevelopment Agency, which provide for the payment of an aggregate amount that equals or exceeds $320,000 250,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000250,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY and/or Redevelopment Agency funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000250,000, and also to any other agreement agreements with the CITY and/or Redevelopment Agency that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY and/or Redevelopment Agency which provide for grants and/or subsidies from the CITY and/or Redevelopment Agency in an aggregate amount equaling or exceeding $320,000250,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 250,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organization’s Agency website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-non- profit has entered into one or more grant agreements or subsidy agreements with the CITY CITY, which provide for the payment of an aggregate amount that equals or exceeds $320,000 250,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000250,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000250,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000250,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of the end of the organization’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Workforce Development Board and posted on the organization’s website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY which provide for the payment of an aggregate amount that equals or exceeds $320,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000. Without limitation of any other remedy, CONTRACTOR’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTOR’s request for future grant funds or subsidies. 4. D. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must will, upon request by CITY, prepare and submit to their City project director via The CITY’s WebGrants grant management system, (“WebGrants”), a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of the end of the organization’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Workforce Development Board and posted on the organization’s website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY which provide for the payment of an aggregate amount that equals or exceeds $320,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000. Without limitation of any other remedy, CONTRACTOR’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTOR’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 290,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City CITY’s Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organizationGRANTEE’s website at an easy access easily accessible location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY CITY, which provide for the payment of an aggregate amount that equals or exceeds $320,000 290,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000290,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000290,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000290,000. Without limitation of any HALA-17-001 Xxxx Xxxxxx Center (RRHSSA) 15 T-344.531\1433867 other remedy, CONTRACTORXXXXXXX’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. D. Organizations receiving an aggregate amount of $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director via the CITY's WebGrants grant management system, ("WebGrants"), a completed Financial Dashboard. CITY’s 's project director will provide a CITY approved Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTORGRANTEE'S fiscal year. This includes the GRANTEE’s Fiscal Yearprevious fiscal year, if that year ended within six months of the commencement of this AGREEMENT.

CONTRACTOR’S FINANCIALS. 1. City Council requires that each non-profit organization receiving $320,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of the end of the organization’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division and posted on the organization’s website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY which provide for the payment of an aggregate amount that equals or exceeds $320,000 in grant and/or subsidy funds in any one fiscal year. Non- profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring the total annual funding to equal or exceed $320,000, and also to any other agreement with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement regardless of the title of the agreement. 3. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000. Without limitation of any other remedy, CONTRACTOR’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTOR’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 250,000 or more in funds from the CITY or Redevelopment Agency (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon- profit’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organization’s Agency website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-non- profit has entered into one or more grant agreements or subsidy agreements with the HTF-12-003 Destination Home Case Managers.doc CITY and/or Redevelopment Agency, which provide for the payment of an aggregate amount that equals or exceeds $320,000 250,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000250,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY and/or Redevelopment Agency funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000250,000, and also to any other agreement agreements with the CITY and/or Redevelopment Agency that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY and/or Redevelopment Agency which provide for grants and/or subsidies from the CITY and/or Redevelopment Agency in an aggregate amount equaling or exceeding $320,000250,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. City A. Council of the CITY requires that each non-profit organization receiving $320,000 290,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City CITY’s Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on the organizationat GRANTEE’s website at an easy access easily accessible location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY CITY, which provide for the payment of an aggregate amount that equals or exceeds $320,000 290,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000290,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000290,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000290,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. D. Organizations receiving an aggregate amount of $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director via the CITY's WebGrants grant management system, ("WebGrants"), a completed “Financial Dashboard”. CITY’s 's project director will provide a CITY approved Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTORGRANTEE'S fiscal year. This includes the GRANTEE’s Fiscal Yearprevious fiscal year, if that year ended within six months of the commencement of this AGREEMENT.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 270,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organization’s Agency website at an easy access location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY CITY, which provide for the payment of an aggregate amount that equals or exceeds $320,000 270,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000270,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000270,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY and/or Redevelopment Agency in an aggregate amount equaling or exceeding $320,000270,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. Organizations receiving an aggregate amount $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director a completed Financial Dashboard. CITY’s project director will provide a Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTOR’s Fiscal Year.

CONTRACTOR’S FINANCIALS. 1. A. City Council requires that each non-profit organization receiving $320,000 290,000 or more in funds from the CITY (in the aggregate) during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and make available for public view on the internet, annual audited financial statements. The audited financial statements must be made available for view within six (6) months of 150 days from the end of the organizationnon-profit’s fiscal year (which period may be extended by the City CITY’s Manager based upon a showing of hardship or other good cause) and must be submitted to the CITY’s Office of Economic Development, work2future Division Department and posted on at the organizationGRANTEE’s website at an easy access easily accessible location. All audits must be performed by a certified public accountant currently licensed to practice in the State of California, must conform to generally accepted auditing standards and otherwise be in a form acceptable to the CITY. 2. B. Non-profits shall be required to comply with this requirement at the time that the non-profit has entered into one or more grant agreements or subsidy agreements with the CITY CITY, which provide for the payment of an aggregate amount that equals or exceeds $320,000 290,000 in grant and/or subsidy funds in any one fiscal year. Non- Non-profits covered by this requirement must exert due diligence in determining when they have reached the aggregate funding threshold of $320,000290,000. The provisions of the financial posting requirements shall be interpreted broadly to effectuate the purpose of making available to the public information on recipients of substantial CITY funds. These provisions shall apply not only to grant agreements or operating agreements but shall also apply, without limitation, if any amendments to such agreements bring brings the total annual funding to equal or exceed $320,000290,000, and also to any other agreement agreements with the CITY that are equivalent in purpose to a grant agreement or an operating subsidy agreement agreement, regardless of the title of the HALA-17-002 PATH (RRHSSA) 14 T-344.530\1433852_2 agreement. 3. C. This posting requirement shall remain in effect until an entire fiscal year passes in which the non-profit does not have contracts with the CITY which provide for grants and/or subsidies from the CITY in an aggregate amount equaling or exceeding $320,000290,000. Without limitation of any other remedy, CONTRACTORGRANTEE’s failure to comply with this requirement may be taken into consideration when evaluating CONTRACTORGRANTEE’s request for future grant funds or subsidies. 4. D. Organizations receiving an aggregate amount of $25,000 or more in funds from the CITY during any fiscal year which is either (i) grant funding other than construction funding and/or (ii) operating subsidy funding for operation of CITY facilities, must prepare and submit to their City project director via the CITY's WebGrants grant management system, ("WebGrants"), a completed Financial Dashboard. CITY’s 's project director will provide a CITY approved Financial Dashboard template upon request. The Financial Dashboard must be submitted via WebGrants within six (6) months from the end of CONTRACTORGRANTEE'S fiscal year. This includes the GRANTEE’s Fiscal Yearprevious fiscal year, if that year ended within six months of the commencement of this AGREEMENT.