2018-534 Aging - Town of Chapel Hill senior lunch program

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PAYMENT AND DOCUMENTATION: The appropriation shall be paid to the Senior Lunch 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 Three Thousand Two Hundred Fifty Dollars($3,250.00). 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 Senior Lunch Program agrees to furnish the Town with semi-annual financial statements as detailed in the attached Work Statement. In addition, the Senior Lunch Program agrees to allow the Town to inspect its financial books and records upon reasonable notice during normal working hours. WORK STATEMENT: The Senior Lunch 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 Senior Lunch 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 Senior Lunch Program shall fail to render a satisfactory accounting as provided herein, then and in that event the Town may terminate this Agreement and the Senior Lunch 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.]