Agenda - 03-05-2003 - 9c - Laserfiche WebLink

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D. Beginning in the calendar month subsequent to calendar month in which the Effective Date falls, the Commission shall disburse to the Grantee eleven equal monthly payments each of which shall be one - eleventh of $ 61,013 (the remaining grant funds after the initial payment). Twenty (20) days after the end of any month, the Grantee shall submit a monthly financial report to the Commission in accordance with Section VII B below. The Grantee must provide this monthly financial report in a timely, accurate fashion in order to receive subsequent monthly payments under this Agreement. E. Any significant variation between any budgeted line item expenditure for this Project as those are presented in Exhibit B and the actual line item expenditure must have the prior written approval of the Commission or the Commission staff. Section VI. Independent Status of the Parties. A. The Parties are independent entities and neither this Agreement nor any provision of it shall be deemed to create a partnership or joint venture between the Commission and the Grantee. B. The Grantee shall not represent itself as an agent of the Commission nor is the Agreement intended to be construed so as to make the Grantee an agent of the Commission. The Grantee shall not have the ability to bind the Commission to any agreement for payment of goods or services, nor shall it represent to any person or entity that it has such ability. C. All expenses incurred by the Grantee are its sole responsibility and the Commission shall not be liable for the payment of any obligations incurred in the performance of the Project. Section VIL Reports. A. Ten (10) days after the end of each calendar month during the term of the Grant, the Grantee shall enter monthly activity data into the computer -based Project Tracking System (" PTS') of TPCB, which data shall summarize the Grantee's activities of the prior month on the Project. 4 30