2017-308 Aging - Town of Chapel Hill for Volunteer Connect 55+ Program

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IRAN DIVESTMENT ACT CERTIFICATION: Pursuant to§ 147-86.59(a)of the Iran Divestment Act("Act"),Contractor hereby certifies that,as of the date of this Contract, Contractor is not identified in either the Final Divestment List("List")or Iran Parent and Subsidiary Guidance("Guidance")created and maintained by the North Carolina State Treasurer("Treasurer") as published on the Treasurer's website currently located at https•//www netreasurer.comiinside-the- departmentrOpenGovernment/Pages;Iran-Divestment-Act-Resources.ast)x.Further,in compliance with§147- 86.59(b)of said Act,Contractor certifies that it will not utilize in performing this Contract any subcontractor identified in the List or Guidance. PAYMENT AND DOCUMENTATION: The appropriation shall be paid to the Volunteer Connect 55+Program in semi-annual installments at the end of each half-year period in which services were provided,pursuant to the Work Statement attached hereto. Each semi-annual installment will be for Six Thousand One Hundred Fifty Dollars ($6,150.00). The Town's obligation to make each payment is contingent upon receiving satisfactory documentation and accounting of expenditures as detailed in the attached Work Statement. FINANCIAL RECORDS: The Volunteer Connect 55+Program agrees to furnish the Town with semi-annual financial statements as detailed in the attached Work Statement. In addition, Volunteer Connect 55+Program agrees to allow the Town to inspect its financial books and records upon reasonable notice during normal working hours. WORK STATEMENT: The Volunteer Connect 55+Program agrees to provide those services described in the Work Statement attached hereto and incorporated herein by reference, to residents of Chapel Hill and to maintain a high level of professionalism in the provision of these services. TERMINATION FOR CAUSE: In the event that the Volunteer Connect 55+Program shall cease to exist as an organization or shall enter bankruptcy proceedings,or be declared insolvent,or liquidate all or substantially all of its assets,or fails to provide the services described in the attached work statement or shall significantly reduce its services or accessibility to Chapel Hill residents during the term of this Agreement, or in the event that the Volunteer Connect 55+Program shall fail to render a satisfactory accounting as provided herein,then and in that event the Town may terminate this Agreement and the Volunteer 55+Program will return all payments already made to it by the Town for services which have not been provided or for which no satisfactory accounting has been rendered. [SIGNATURES ON FOLLOWING PAGE.]