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Eh'HIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of one hundred and <br />forty seven thousand and four hundred and fifty four dollars ($147,454.00) for services to be <br />performed and reimbursable costs incurred pursuant to this Agreement. Contractor shall submit <br />invoices, not more often than once a month during the term of this Agreement, based on the cost <br />for services performed and reimbursable costs incurred prior to the invoice date. Invoices shall <br />contain the following information: <br />Serial identifications of progress bills, i.e., Progress Bill No. 1 <br />2. Beginning and ending dates of the billing period <br />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 Task 1.1 and 1.2, a copy of the hourly breakdown of casts far personnel <br />working on the project shall be submitted 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 />The total sum stated above shall be the total which City shall pay for the services to be <br />rendered by Contractor pursuant to this Agreement. City shall not pay any additional sum for any <br />expense or cost whatsoever incurred by Contractor in rendering services pursuant to this <br />Agreement. <br />City shall make no payment for any extra, further or additional service pursuant to this <br />Agreement unless such extra service and the price therefor is agreed to in writing executed by the <br />Exhibit B __. <br />Page 1 of 2 <br />6/12/95 MacArthur Streetscape <br />