Common use of Payouts Clause in Contracts

Payouts. The Subgrantee understands and agrees that a request for disbursement of SHP funds pursuant to this Subrecipient Agreement shall not be made until such funds are needed to pay eligible costs related to the Project. Subgrantee understands and agrees that funding in the full amount of this Subrecipient Agreement is contingent upon the City receiving said SHP funds, and should the entitlement funds be discontinued or reduced for any reason, Subgrantee understands and agrees that funding under this Subrecipient Agreement could cease or be reduced without advance notice. Each of A. Maintain adequate documentation to demonstrate the eligibility of persons served by SHP funds; B. Maintain records that show the eligible supportive services costs and operating costs of the program; C. Use required forms to show participant eligibility, the calculation of resident rent, the policy showing program fees and the procedures for communicating said information to the participant, which must be maintained in participant file. D. Submit proper documentation of eligible expenses for match to the city on a regular basis. E. Submit timesheets and activity sheets on a monthly basis for review and approval; F. Submit quarterly reports to the City of Urbana G. Maintain files and records as required which relate to the overall administration of the SHP - HFiT program; and H. Provide information for Annual Performance Report (APR) within required timeframes.

Appears in 2 contracts

Sources: Subrecipient Agreement, Subrecipient Agreement