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Res 1981-025
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Res 1981-025
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10/4/2004 3:55:08 PM
Creation date
9/8/2004 3:52:40 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
1981-25
Date
3/9/1981
Volume Book
55
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__~-I~.(~LJ~ ......... for a minimum total of <br />SP7:TJfi~O0 .... Such contribution must be divided as Tn the <br />cost categories specified in the budget set forth in Attachment A and any <br />decrease of the contribution in any category must be by amendment hereto <br />and signed by both Departme'~tt and the Contractor. The Contractor may <br />increase its in-.kind and/or cash contribution at any time during the con- <br />tract period, however, such an increase will not change the maximum obliga- <br />tion of Depar,.~ment under this contract. <br /> <br />The Contractor must have completely fulfilled its obligation under this <br />Section IV to prc, v::£de the :in-kind and/or cash contribution specif:[ed abow:,. <br />by the end of the. contract period specified above in Section III. <br /> <br />If the ratio of Department's total actual payment to the Contractor's <br />total actual in-kind and cash contribution exceeds the ratio of Depart- <br />ment's total obligation as specified in Attachment A to the Contractor's <br />total in-kind and cash contribution as specified in Attachment A, at the <br />te~nination of the contract.., then the Contractor must return to Department <br />an amount of money whic. h will reduce the total actual payments made by <br />Department: under this contract to a sum which will result in a ratio of <br />Department's total actual payments to the Contractor's total actual in- <br />kind and'aash contribution which is equal to the ratio of Department's <br />total obligation as specified in Attachment A to the Contractor's total <br />in-kind and cash contribution as specified in Attachment A, at the termi- <br />nation o:f the contract period. <br /> <br />SECTION V. <br /> <br />DEPA~(%MENT OBLIGATIONS <br /> <br />A. Limit of Liability <br /> <br />Notwithstanding any other provision of this contract, the total of all <br />pa)vaents~ liabilities and obligations made or incurred by Department <br />hereunder shall not exceed the sum of ~ $27,700.00 .(.Iwe,ty seven <br /> <br />B. Measure of Liability <br /> <br />In consideration of fu]2 and satisJ!actory performance by the Con. I;ractor <br />of the services stated, in this contract, Texas Depart~nent of Comraunity <br />Affairs shall 'he liable to the Contractor in an amount equal to the actual <br />costs incurred by the Contractor for performances rendered hereunder sub- <br />ject to the provisions of this Section enumerated below: <br /> <br />Department shall not reimburse the Contractor for expenditures <br />made in violation of the provisions of the "IPA Grant Administration <br />Handbook" which shall be furnished to Contractor by Department and <br />receipt of which by Contractor is acknowledged by the execution of <br />this contract. <br /> <br />2. Department shall not be liable to Contractor for any costs of a type <br /> not specified by the cost categories numbered A through H of Attach- <br /> ment A (Budget) of this contract and shall not be liable to Contractor <br /> for any of those costs enumerated as A through H of Attachment A <br /> (Budget) which exceeds the amounts identified for each such cost <br /> category in t:he column entitled "TDCA Obligation." <br /> <br />Page 2 of 15 <br /> <br /> <br />
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