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Excluding Hagerty Consulting costs, any project delivery costs not used by the Delegate can be applied to the project itself, up to <br />the budgeted amount of CDBG-DR funds attributed to the project in the budget table above. <br />** This is the maximum amount that the Delegate can receive. FEMA and state reimbursement is pendmg for this project; therefore <br />reimbursement by CDBG-DR funds pursuant to this agreement will occur after FEMA reimbursement is complete. If less funding <br />is needed, then payout will not exceed exact funds needed. <br />Expenditure Milestones: <br />Raw Water Diversion Improvements Project <br />Date <br />50% draw down by: September 30, 2016 <br />75% draw down by: November 30, 2016 <br />Substantial Completion of Work Program and <br />Submittal of Final Pay Request (date certain): December 31, 2016 <br />If target date for expenditure milestones are not met, the City has the authority to use any remedies <br />stated in the Agreement, including, but not limited to, those specified in §10(a). <br />Disposition of Program Income: No program income is anticipated. <br />7 <br />