Castle Rock Teach by Example Contract

• Project Type: Ag/Muni Grant
• Contract/PO #: C153616
• Applicant: Town of Castle Rock
• Project Name: "Teach by Example" - Water Conservation Make Over at Three Homes
• Title: Contract
• Date: 6/18/1992
• County: Douglas
• Water Conservation - Doc Type: Contract

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EXHIIlIT A

3: Bud""t

REVENUE

EXPENDITURES

Grant Fund

$25.000.00

Town of Castle Rock

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TOTAL $25.000.00

1UI'AL $2Srmm

4. Proiect: Pundinl!: Schedule

a. GRANT Agreement:

I.

$4,200.00

Initial grant payment to be made within thirty (30) days of the
date of execution of this contract by the State Controller or
his designee.

II.

$18,300.00

In four (4) interim payments, in the amounts of $4,300, $1,000,
$11,200 and $1,800, reimbursing the Contractor for actual
expenditures made in the performance of this Contract.
Payments wilJ be based upon properly documented financial
and narrative status reports detailing expenditures made to
date. The four interim payments will be respectably distributed
by November 1, 1992; April 15, 1993; June 15, 1993; and
October 30, 1993.

III.

$2,500.00

Final payment to be made only upon acceptance of Project
completion. The Contractor will submit a final financial
statement documenting the expenditure of all Grant funds for
which payment has been requested and a final narrative report
on the Project implementation and findings.

TOTAL

All requests for payment after the first payment will be initiated by the Contractor in accordance with the provisions in
Paragraph 6 of Ihe main body of Ihis Contract.

5. Contract Monitorinl!:

The Department of Natural Resources, Colorado Water Conservation Doard, will monitor the Project on an as-
needed basis.

6. ReoortiOI!: Schedule

The Contractor will submit financial and narrative status reports detailing Project progress and properly
documenting all to-date expenditures of Grant funds at the time each payment request is made, in accordance with
the payment schedule.

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