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Contract - Urban Enterprise Association - Love Your Block Grant
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Contract - Urban Enterprise Association - Love Your Block Grant
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4/4/2025 1:42:21 PM
Creation date
2/12/2019 4:00:27 PM
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Board of Public Works
Document Type
Contracts
Document Date
2/12/2019
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2. Receive all funds and deposit and safeguard such funds in a separate UEA account, within the <br />UEA's existing financial structure (the "LYB Fund"). <br />3. Disburse funds from the LYB Fund according to the terms of billings and invoices approved by <br />the City and transmitted for payment. <br />4. Make periodic reports to the City at such intervals as the City may request containing the <br />information regarding expenditures made, including billing information from accounts that <br />the City sets up to purchase materials for the LYB program. <br />This Agreement shall be in effect for twenty four (24) months, commencing on January , <br />2019, unless terminated by either party during the initial term. This Agreement may be terminated by <br />either party, at any time, upon thirty (30) days notice to the other party. Upon termination of this <br />Agreement, the UEA shall transfer to the City any remaining funds being held by the UEA at the time the <br />UEA either gives or receives notice of such termination. <br />{signature page follows} <br />
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