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2014-054
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2014-054
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Last modified
3/13/2017 11:24:29 AM
Creation date
10/1/2015 6:03:03 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Contract
Approved Date
04/15/2014
Control Number
2014-054
Agenda Item Number
12.A.1
Entity Name
Fred Fox Enterprises, Inc.
Subject
Amended General Administration Contract
Neighborhood Stabilization Program
Community Development Grant
Project Number
10DB-4X-10-40-01-F 13
Supplemental fields
SmeadsoftID
13092
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ARTICLE 4 <br />COMPENSATION <br />The Local Governmenfagrees to pay, from the funding set forth in Article <br />Sixteen (16) herein, the Administrator in the following manner: <br />Compensation for the Administrator, as detailed in the Cost Summary for <br />Negotiated Contracts (page 22), shall be the total sum of up to Two Hundred and <br />Thirty Five Thousand Dollars ($235,000). This includes an original negotiated <br />contract price of Two Hundred Thousand Dollars ($200,000) payable for grant <br />administration services tied to the County's original base grant from DEO of <br />Four Million Six Hundred Eighty Thousand Eight Hundred and Twenty Five <br />Dollars ($4,680,825.00) plus up to Thirty Five Thousand Dollars ($35,000) for <br />grant administration services associated with the County's approximately $1.69 <br />million in PI funds. It is recognized that payment of the additional Thirty Five <br />Thousand Dollars ($35,000) is justified by the basis provided on page 23 of this <br />contract and that payment of this amount is dependent upon the availability of <br />NSP funds through Administrative closeout of the grant after all County <br />expenses are paid (reimbursed by DEO). In no case shall total payments to grant <br />administrator be less than Two Hundred Thousand Dollars ($200,000) or more <br />than Two Hundred and Thirty Five Thousand Dollars ($235,000). <br />4 <br />
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