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?? •'. <br />,, . <br />? . <br /> <br />guaranteed and insured accounts. Interest earnings from each such investment shall be credited <br />ta Rectamation' s accaunt to reduce the amounc of the ncxt federal quartecly advance. <br />d. A request for advance or reir,ibursement form, Standard Form 270 (Attachment II),sfiall be <br />completed by the Foundation each quarter and shail bo provided to the Graats and Cooperative <br />Agrcemcnts Officer and to each state. • <br />e. Cont: ibutians andlor donations, ather zhan those addressed above, shali go into accounts held <br />by the.Foundation and kept separate from the accounts described in paragraphs b and c. above. <br />f. Disbursements from contribution accounts held by the Faundation shall bo made for bills <br />deemed payable in accordance with the Foundation' s bo4kkeeping and aceounting practices and <br />approved by the parties to this agreement. <br />g. Disbursemonts shall be ;nade from the parties's accounts in the fotlowing proportions: <br />- Reclamation: - 65,79%• • ? . - . . .. - . - ? . • ? . . <br />Colorada: 15.79% • • <br />?*lebraska: 10.53% ' <br />Wyomang: 7.89°fo • <br />Exaeptiens to ihis allocatioa will onty occur whon Reclamation and the States all agree and direct <br />the Foundation otherwise through Governance Committee action. <br />h. If at any time Reclamation or any state does not have sufficient funds in its aceount to cover <br />its portien of a planned disbursernent, the Fauidatiol shall not siishurse funds for that purposa <br />from the account of any other pariy without prior written approval from that party, When Federal <br />Funds ar:. to be disbursed, approval wiU be required by the Grants and Agraoments Officcr's <br />Technical representativc. Disbursements'shall be made by check or electronic funds transfer <br />upon receipt by the Foundation of a Request for Disbursement af Contributions (Attachment I). <br />i. 'I'he Foundation shall maantain a record keeping system acceptable to the parcies to this <br />agreemeni to track and reconcile disbursements. The Foundation will establisn a"fnnd," which <br />witi be a separate bank account. The fund witl bo broken into "accounu" maintaine3 as required <br />by this agreement. lntcrest earned will be at the same rate far all manies in the fund. lnterest <br />income will be prorated to the Parties' accounts as income, based on balanccs when interest is <br />credited. j. Tne Foundation shall provide the rnonthly reports Iisted below n,o later than the 1 C'" of each <br />succeeding month to the Governance Committee and Executive Director in a farmat acceptable <br />to the Governanee Committee and Executive Director. <br />l. A report of cash contributions provided by eaeh pa.rty to the July 1997 Agreement <br />since the last such repoct. <br />2. r1 report of in-kir.d services contributians by each party to the Ju1y 1997 Agreemeni <br />since the last such report. The eligibili.y and value of in-kind services as offsets to cash <br />eontribctions as rcqcirecf hy the milestones to the July 1997 Agreement sha13 be preauthoriz°d 'by the Govemance Committee prior to their inclusion in such repor. <br />Detailec sta:ements of these in-k:nd services wiit be provided by the contributing pa ry.