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<br />.. <br />: v . <br /> <br />. <br /> <br />EXHIBIT A <br /> <br />3. <br /> <br />Bud.., <br /> <br />REVENUE <br /> <br />EXPENDITURES <br /> <br />Gnurt Fund <br /> <br />$3,000 <br /> <br />Town of Otis <br /> <br />$3,000 <br /> <br />TOTAL <br /> <br />$3,000 <br /> <br />TOTAL <br /> <br />$3,000 <br /> <br />4. Proiect FundiIlJ! Schedule <br /> <br />a. GRANT Agreement: <br /> <br />I. <br /> <br />$1,550 <br /> <br />Initial grant payment to be made within thirty (30) days of the <br />date of execution of this contract by the State Controller or his <br />designee. <br /> <br />II. <br /> <br />$1.150 <br /> <br />In two interim payments, in the amounts of $950 and $200, <br />reimbursing the Contractor for acmal expenditures made in the <br />performance of this Contract. Payment will be based upon <br />properly docwnented financial and narrative status relX'rts <br />detailing expenditures made to date. The two interim payments <br />will be respectably distributed by April 30, 1994 and June 1, <br />1995. <br /> <br />Ill. <br /> <br />$300 <br /> <br />Final payment to be made only upon acceptance of Project <br />completion. The Contractor win submit a final financial <br />statement documenting the expenditure of all Grant funds for <br />which payment has been requested and a final narrative report on <br />the Project implementation and findings. <br /> <br />TOTAL $3.000 <br /> <br />All requests for payment after the fIrst payment will be initiated by the Contractor in accordance with the provisions in Paragraph <br />6 of the main body of this Contract. <br /> <br />5. Contract Monitorine <br /> <br />The Department of Natural Resources, Colorado Water Conservation Board, will monitor the Project on an as-needed <br />basis. <br /> <br />6. RepoI1.in2 Schedule <br /> <br />The Contractor will submit fInancial and narrative status reports detailing Project progress and properly documenting all <br />to-date expenditures of Grant funds at the time each payment request is made, in accordance with the payment schedule. <br /> <br />Page 2 of 2 Pages <br />