Common use of Program Funds Clause in Contracts

Program Funds. The total Program Funds issued to ADMINISTRATOR to date shall be reduced from $175,000 to $157,500. ADMINISTRATOR shall remit to CITY the amount of $17,500 within 10 days of the Effective Date of this Amendment, which amount shall be deducted from the CITY’s initial CARES Act distribution to ADMINISTRATOR for grants.

Appears in 1 contract

Samples: Amended and Restated Agreement for Administration of the City of Fresno Housing Retention Grant Program

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Program Funds. The total Program Funds issued to ADMINISTRATOR to date shall be reduced from $175,000 1,118,750 to $157,5001,006,875. ADMINISTRATOR shall remit to CITY the amount of $17,500 111,875 within 10 days of the Effective Date of this Amendment, which amount shall be deducted from the CITY’s initial CARES Act distribution to ADMINISTRATOR for grants.

Appears in 1 contract

Samples: Amended and Restated Agreement for Administration of the City of Fresno Housing Retention Grant Program

Program Funds. The total Program Funds issued to ADMINISTRATOR to date shall be reduced from $175,000 1,118,750 to $157,500906,387. ADMINISTRATOR shall remit to CITY the amount of $17,500 211,866 within 10 days of the Effective Date of this Amendment, which amount shall be deducted from the CITY’s initial CARES Act distribution to ADMINISTRATOR for grants.

Appears in 1 contract

Samples: Amended and Restated Agreement for Administration of the City of Fresno Housing Retention Grant Program

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Program Funds. The total Program Funds issued to ADMINISTRATOR to date shall be reduced from $175,000 350,000 to $157,500330,000. ADMINISTRATOR shall remit to CITY the amount of $17,500 20,000 within 10 days of the Effective Date of this Amendment, which amount shall be deducted from the CITY’s initial CARES Act distribution to ADMINISTRATOR for grants.

Appears in 1 contract

Samples: Amended and Restated Agreement for Administration of the City of Fresno Housing Retention Grant Program

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