Contract - Habitat for Humanity of St Joseph County Inc - Rehab of 1217 Miner St

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TIMETABLE Costs may be incurred when the agency is notified to proceed by the Department of Community Investment. This activity shall commence on January 1, 2019 and shall continue to December 31, 2019. All funds must be expended by December 31, 2019. It is expressly understood that, with the exception of the availability of funds after dates outlined in this Paragraph, the terms and conditions of the NSP3 Contract shall remain in full force and effect. PROJECT BUDGET The total NSP3 budget for the Rehabilitation of a Foreclosed Property activity (1940-11) shall not exceed $51,347.00. It is understood that the developer fee cannot exceed 10.0% of funds expended or a maximum of $4,667.00. Hard Construction Costs $ 46,6 0.00 Developer Fee (not to exceed) $ 4,6 7.00 NON -EXPENDABLE PROPERTY Notwithstanding any provision herein to the contrary, no costs may be incurred for non -expendable property (equipment, furniture, fixtures, etc.) without obtaining prior written approval from the Department of Community Investment. PRIOR APPROVAL To expend funds for cost categories, type of activities, or location not listed above will require prior written approval from the Department of Community Investment. FINANCIAL AND ADMINISTRATIVE REPORTS The Agency shall utilize the Reimbursement and Progress Report (R & P Report) supplied by the City for submission of claims and activity status reports to the City. The Agency understands that: 1) Claims for reimbursement of expenses (goldenrod forms) shall be accompanied by a R & P Report and by proper documentation (check copies, invoices, staff time distributions, etc.); and 2) R & P Reports shall be due, at a minimum, with every claim for reimbursement submitted to the Department of Community Investment. The City reserves the right to refuse any or all claims not properly supported with adequate and proper documentation of claims and activity progress. IRV