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City of San Marcos Contract#2025-039.2 <br /> • Reallocation of unused funds: If it is determined that allocated funding is not being utilized or appears <br /> unlikely to be utilized within the contract term,the City reserves the right to reallocate such funds to <br /> other agencies at its discretion. Affected parties will be notified in writing of any reallocation. <br /> • The term of this Agreement will continue from the effective date as of last signature until September <br /> 30,2025,and includes one(1)additional one-year option to renew which will renew automatically. <br /> • This Agreement may be terminated by either party with thirty(30)days'prior written notice. <br /> • This Agreement may be terminated immediately if either party fails to perform in accordance with the <br /> terms of this Agreement, such as failure to provide monthly reports, participate in quarterly meetings, <br /> and provide deliverables as outlined in the Request for Proposals solicitation#2025-039. <br /> P q p <br /> • In the event of termination or in the event requirements outlined in the Request for Proposals solicitation <br /> #2025-039 are not met, the Contractor may be required to reimburse the City for any advanced <br /> administrative fee payments. <br /> • In the event this Agreement is terminated by either party, the Contractor must provide, to the City, a <br /> report of all funds utilized to date and refund any amount of funds that has not been provided to <br /> customers within thirty(30)days of termination. <br /> This Agreement will be effective as of the date of last signature through September 30,2025,and will automatically <br /> renew for one(1)one-year period. <br /> IN WITNESS WHEREOF, the parties have executed this Agreement on the date(s) set forth opposite the <br /> signatures of their authorized representatives to be effective as of last signature: <br /> OWNER: FIRM: <br /> THE CITY OF SAN MARCOS COMMUNITIES IN SCHOOLS OF CENTRAL TEXAS <br /> By: By: <br /> Name: �2g P�< Name: <br /> Title: �M M GVr►yd e v, Title: <br /> Date: �I a J aoa5 Date: <br /> ATTACHMENTS: <br /> Exhibit"A"-Utility Payment Assistance Process <br /> Exhibit`B"—City Application for Utility Payment Assistance <br /> Exhibit"C"-Notice of Request for Utility Payment Assistance <br /> Exhibit"D"-Utility Payment Assistance Tracking Record <br /> 3 <br />