Fort Walton Beach Council agenda — 09-11-2007 regular agenda — reading text

O\,\(,\' i- U)\\' hl)t._ h~ 1l(' i.' I-L!> C( id'. 1~ lj C' iJn~,z~ r'.,,; i)( I(\.. i;.~ I' ill} .".? f; 1 (),). () Ol1 h....' L'" ( i:: 1"' ('!(} r' i1Li! this Agreement in accordance with Section A4 " DEFAULT; TERMINATION" of the Standard Provisions set forth below by written notice to the NFWF Recipient and to pursue all other legal remedies to which NFWF may be entitled. Section 2. RESTRICTION ON FUNDS No Funds provided by NFWF pursuant to this Agreement or Matching Contributions may be used to support litigation expenses, lobbying activities, terrorist activities or activities in violation of the Foreign Corrupt Practices Act. Section 3. TERM; PERIOD OF PERFORMANCE The Term of this Agreement shall be the Period of Performance set forth above, unless. sooner terminated in accordance with Section A4 " DEF A UL T; TERMINA TION" of the Standard Provisions set forth below. Section 4. PAYMENT OF FUNDS and ADMINISTRATION PROCEDURES 4. 1 NFWF FUNDS. Payments of the NFWF Funds for this Award will be made in 2 installments. Project Phase One installment will be disbursed to the NFWF Recipient when NFWF has received a fully executed agreement and a Request for Payment ( via mail, fax, or e- mail) from the NFWF Recipient certifying that it is ready to begin project activities for the first Phase described in Section 1. 1 immediately upon receipt of the funds. Subsequent Phase installments will be disbursed to the NFWF Recipient when NFWF receives and approves a completed Project Phase Reporting Form certifying that ( i) the NFWF Recipient has completed the previous Project Phase as described in Section 1. 1 and ( ii) the NFWF Recipient has expended NFWF Funds and Matching Contributions consistent with the Project Phase Budget as described in Section 1. 1; and the NFWF Recipient provides NFWF a Request for Payment ( via mail, fax, or e- mail)certifying that it is ready to begin Project activities for the next Phase immediately upon receipt of the funds. Payment for the Final Phase of the Project will be made in arrears, upon the receipt and approval by NFWF of all required reporting for this Agreement. Under no circumstances will any payment under this Agreement be made if any Financial or Programmatic Reports are due and outstanding. 4.2 BUDGET CHANGES. In the event the NFWF Recipient determines that the amount of the Budget is going to change in anyone Budget Category by an amount that exceeds more than 10% of the NFWF Project Total ( see Section 1. 1), the NFWF Recipient must seek approval from the Project Administrator. If approval is received, both parties must sign a written amendment to this Agreement reflecting the new Budget. Section 5. REPORTING REQUIREMENTS 5.1 PHASE FINANCIAL AND PROGRAMMATIC REPORT. Upon completion of each Page 3 of 12 l. I' ll\\ ,-' C' h() Ci~t\\' h: tICI) t.(, B;~' iy C'()~':. ~'. n~,\"'r\ ;jl.; jI"";r , {). i! (.',) 1 , _~: t' nIJ1' l} I U:~..\ J( 16 I ,-' 111\~1 tl ~l: () ~~ . ( :. ( ); ';