6.D.(1) Contract with South Bend Heritage

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5.1 Except as othen~-ise provided in this Agreement or an~~ exhibits thereto. TIF Revenues shall be distributed as follows: (a) ~'itl~ii~ five (5) dad's of receipt of am~ invoice or request for payment from a vendor or contractor providing sen•ices in accordance ~~~ith this Agreement. SI3HF shalt submit a ~~7itten claim to the Commission requesting pa~~ment which claim shall include sufficient izuormation anCor doc~,imentation evidencing that the expense is reasonable and necess~u}~ to carr}~ out Project Activities. (bj Vdit)lin t~~~enty-one days of receivuig a claim from SBHh, the Commission shall make pa~~ment to SI3HF by check or ~~ire transfer and SBIIF shall then tender payment directl~~ to the vendor or contractor prop°iding ser~~ices. (ej In the event of a dispute as to ~~~hether the claim for expenses or costs submitted b~~ SBI77= is reasonable and necessar~~, or~~that such services are related to Project Activities. or are not TIF-eligible expenses in accordance ~~th I.C. 36-i-]4. the Commission steal] pak the non- disputed sums and SBHF shall then be required to submit additional documentation and infermation to ~~~arrant payment h}' the Commission. (d) ~hhe Commission shall pa~~ SBHF a Management Fee, as described in ,Section 3.5, above, from total TIF Revenues based upon the v~7itlen documentation pro~Tided to Commission evidencing reasonable a~1d necessary costs and expenses incurred or to be incurred for Project Activities. 5.2 SBHI~~ shall submit annual ~~ririen reports to the Commission indicating pro~~ress and the status ~f Project Activit~~es and a detailed accounting of all T]F Revenues received and the corresponding use (`Annual Report'). The frst Annual Report iv the Conunission shall be submitted to the Commission on or before January 15, 2007 re}ated to Project Activities conducted in calendar ve~u ~'OOC. Thereafter, Annual Reports shall be submitted to the Commission no later than Januan~ 1 ~`~' of each year during the term of this Agreement. ~.3 In addition to the .Annual Report, SBHF shall: (a) Ensure that all TIF Re.°enue committed b~~ SBIIF on the Commission's behalf shall he necessar~~. reasonabie and directl~~ related to the Project Acti~~ities and accomplishing the Developmen'~ Plan and that all costs and expenses incurred shall he ]e~~al and proper and shall fall ~•it}lin the budget cate~~ories described at Exhibit "I3° and Exhibit "C". (bl ,A1] expenditwes steal] he supported b~~ pmper'.~~ executed. invoices, contracts or ~~ouci~ers or other official documentation e~~idencin~~ in proper detail ~~~e nature of the charees. AI] checks.. in.~oices. contracts. vouchers. orders. or other accounting documents pe:-[ainlitg in ~~~hole or in part io this Agreement shall be clear]~~ identified and readii~ accessible to t'~e _5 i C.Alh 1411'k Cpl ~. ~$A'V,C .S i3J i:. I~ .1~i~:ISL ~1~_~.. ~q ~l (i l,'_~]ICJ~