PROGRESS AND FINANCIAL REPORTING. The Agency agrees to submit progress and financial reports on a quarterly basis to the City’s Assistant to the Director of the Office of Community Affairs (“Assistant to the Director”) in form and content acceptable to the Assistant to the Director in accordance with the schedule set forth on Exhibit "B" attached hereto and incorporated herein by this reference. At a minimum, subject to requests for additional information by the Assistant to the Director, such progress reports shall include an evaluation of the Services and must indicate the amount or level of Services provided to City of Orlando residents. Moreover, the quarterly reports shall be consistent with the Services detailed herein and shall identify expenditures associated with or related to the Funds. Failure to comply with the requirement for submission of such reports in form and content acceptable to the Assistant to the Director shall constitute grounds for termination of this Agreement and may result in the ineligibility of the Agency to receive contributions from the City. Completion of the prior year’s reporting requirements, if any, and submission of all required annual financial statements are a prerequisite to receipt of any payment under this Agreement.
Appears in 4 contracts
Samples: Funding Agreement, Funding Agreement, Funding Agreement
