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EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of thirty-two thousand <br />seven hundred and twenty-seven dollars ($32,727) far services to be performed and reimbursable <br />costs incurred pursuant to this Agreement. Contractor shall submit invoices, not more often than <br />once a month during the term of this Agreement, based on the cost for services performed and <br />reimbursable costs incurred prior to the invoice date. Invoices shall contain the following <br />information. <br />Serial identifications of progress bills, i.e., Progress Bill No. 1, <br />2. The beginning and ending dates of the billing period. <br />A Task Summary containing the original contract amount, the amount of prior <br />billings, the total due this period, the balance available and the percentage of <br />completion. <br />4. For each work item in each task, a copy of the applicable time sheets shall be <br />submitted showing the name of the person doing the work, the hours spent by <br />each person, a brief description of the work, and each reimbursable expense. <br />City shall make monthly payments, based on such invoices, for services satisfactorily <br />performed, and for authorized reimbursable costs incurred. <br />G~\Contracts\Nelson Nygaard CSA 2-19-02 Page l of 2 <br />