PAYMENTS TO GRANTEE. The State shall, in accordance with the provisions of this §7, pay Grantee in the following amounts and using the methods set forth below:
A. Maximum Amount
PAYMENTS TO GRANTEE. A. Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Agreement Maximum for each State Fiscal Year shown on the Signature and Cover Page of this Agreement.
B. Payment Procedures
PAYMENTS TO GRANTEE. Payment shall be made as stated in the following schedule, subject to GRANTEE’s satisfactory performance of this AGREEMENT. The total grant amount (“Grant Award”) awarded to GRANTEE shall not exceed $101,965. The Grant Award shall be disbursed to GRANTEE as follows:
PAYMENTS TO GRANTEE. XXXX agrees to pay GRANTEE for the performance of the services, work, and duties, subject to and performed in connection with this AGREEMENT, a sum of money not to exceed the amount set forth in this AGREEMENT. Such sum shall be paid by CITY to GRANTEE on a reimbursement basis for services actually performed by XXXXXXX and for eligible costs actually incurred by and paid by GRANTEE, pursuant to this AGREEMENT, for the cost categories appearing in this Section 1.01. No sum shall be paid until CITY receives a statement or statements in a form approved by CITY and specifying in detail the services performed by, and the costs incurred by and paid by GRANTEE during the period for which payment is requested. Any Program Income received by the GRANTEE shall reduce total allowable payments by the same amount. “Program Income” is defined as income or earnings received by GRANTEE that are directly generated from the use of CDBG funds (as defined at 24 CFR 570.500(a)). It shall be reported by GRANTEE to CITY on a monthly basis. Any Program Income on hand when this AGREEMENT expires or terminates or any Program Income received after this AGREEMENT expires or terminates, shall be promptly paid to CITY. Payment to GRANTEE will be made within thirty (30) calendar days of receipt by CITY of all such required statements and supporting documents, including but not limited to, paid invoices, provided that the items on such statements and supporting data for which payment is requested can properly be paid under this AGREEMENT, HUD regulations 2 CFR 200 applicable to the program, and the CITY-HUD Grant Agreement, as the same may from time to time be amended. In making such determination, CITY may rely upon the certification by GRANTEE that the items appearing on said statement and supporting data are eligible items for payment under this program and AGREEMENT, and such determination by CITY shall in no way constitute a waiver by CITY of its right to recover from GRANTEE the amount of any money paid to GRANTEE on any item which is not eligible for payment under the program and this AGREEMENT. The total amount of such payments to be made to GRANTEE shall be distributed in the following manner for each month during the course of the Project. Any amendments to a line item in the approved budget must receive prior approval from the CITY. Requests for funds must identify the corresponding budget line item and include a certification that the GRANTEE’s financial management system com...
PAYMENTS TO GRANTEE. Payment not to exceed Seven Thousand Five Hundred Dollars ($7,500), shall be made as stated in the following schedule, subject to GRANTEE's satisfactory performance of this AGREEMENT:
PAYMENTS TO GRANTEE. A. Maximum Amount
PAYMENTS TO GRANTEE. Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Agreement’s maximum amount shown on the Signature and Cover Pages of this Agreement. Financial obligations of the State payable after the current State Fiscal Year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available. The State shall not be liable to pay or reimburse Grantee for any Work performed or expense incurred before the Grant issuance date or after the Grant expiration Date; provided, however, that Work performed and expenses incurred by Xxxxxxx before the Grant issuance date that are chargeable to an active Federal Award may be submitted for reimbursement as permitted by the terms of the Federal Award and this Grant. Payment Procedures
PAYMENTS TO GRANTEE. A. Maximum Amount Payments to Grantee are limited to the unpaid, obligated balance of the Grant Funds. The State shall not pay Grantee any amount under this Agreement that exceeds the Agreement Maximum for each State Fiscal Year shown on the Cover Page of this Agreement. Grantee will receive no cash value equivalent for any Crew Time components of the award.
B. Payment Procedures
PAYMENTS TO GRANTEE. The State shall, in accordance with the provisions of this §7, pay Grantee in the following amounts and using the methods set forth below: Maximum Amount The maximum amount payable under this Grant to Grantee by the State is Insert Max $ Amount, as determined by the State from available funds. Xxxxxxx agrees to provide any additional funds required for the successful completion of the Work. Payments to Grantee are limited to the unpaid obligated balance of the Grant as set forth in Exhibit Insert letter of applicable Exhibit (A, B, C, etc). The maximum amount payable by the State to Grantee during each State fiscal year of this Grant shall be: in FY in FY in FY in FY in FY in FY Payment
PAYMENTS TO GRANTEE. 3.1. In consideration of the Grantee undertaking and performing the Project, the Village shall pay to Grantee $1,109,300, payable as set forth in Exhibit 1, provided that the Grantee has performed its obligations pursuant to this Agreement. Grantee shall submit an invoice to the Village together with a progress report on Xxxxxxx’s completion of the Project goals, which invoice will be paid upon approval as provided herein.
3.2. Payments pursuant to this Agreement are subject to availability of funds and authorized expenditure pursuant to applicable law. The Village’s obligations shall cease immediately without penalty or liability for further payment, if, the Village or any other funding source fails to appropriate, budget or otherwise make available sufficient funds for this grant.
3.3. Payments to Grantee under this Agreement shall be made payable in the name of Grantee and sent to the following person and place, or directly deposited into a financial account maintained by the Grantee: Interim Executive Director Collaboration for Early Childhood Care and Education 000 Xxxxx Xxx Xxxx Xxxxxx Oak Park, Illinois 60302 Grantee may change the person to whom payments are sent, or the place to which payments are sent, by delivering 30 days prior written notice pursuant to Section 24.0 of this Agreement.
3.4. The Village’s financial obligation under this Agreement shall not exceed the grant amount set forth in Section 3.1 of this Agreement.
3.5. Grantee shall provide to the Village such written reports confirming its expenditure of the funds in conformance with this Agreement, including the summary of Grantee’s “Scope of Services,” attached hereto and incorporated herein as Exhibit 2, and the Program Measures and Reporting, attached hereto and incorporated herein as Exhibit 3, and such other information required by the United States Department of Treasury (“Treasury Department”), including required “Project and Expenditure Reports” by the Treasury Department. Said reports shall be provided to the Village within ten (10) calendar days after each calendar quarter reporting period set forth in Exhibit 4, attached hereto and incorporated herein by reference. The Village reserves the right to withhold grant funds under this Agreement if Grantee fails to provide any required reports pursuant to this Section.