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• <br />.. <br />EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay County an amount not to exceed the total sum of Thirty-Eight Thousand <br />Five Hundred Dollars ($38,500) for services to be performed and reimbursable costs incurred <br />pursuant to this Agreement. County shall submit invoices, not more often than once a month <br />during the term of this Agreement, based on the cost for services performed and reimbursable <br />costs incurred prior to the invoice date. Invoices shall contain the following information. <br />1. Serial identifications of progress bills, i.e., Progress Bill No. 1. <br />2. The beginning and ending dates of the billing period. <br />3. The original contract amount, the amount of prior billings, the total due this <br />period, the balance available and the percentage of completion. <br />City shall make quarterlypayments, based on such invoices, for services satisfactorily <br />performed. These payments which in total shall not exceed $38,500, shall be calculated as <br />follows: <br />FEE FOR SERVICE <br />The total quarterly fee for services shall be based on: <br />• Minor Home Repair and Mobile Home Grants: the per unit amount of $325.00 for <br />each project completed. <br />• Owner Rehab Loans, Exterior Paint Grant, Exterior Clean-Up Grant, Seismic Grant, <br />Accessibility Grant/Loan and Rental Rehabilitation Loan Programs: 20% of the <br />total project cost, or a minimum of $350, per project completed. The fee shall be <br />identified separately from the reimbursement of the actual project costs for each <br />grant or loan completed. <br />Exhibit "B" <br />6/12/95 -Word 6.0 <br />7:\WPD\FORM S\AGRE\EXHIB ITB.DOC <br />Page 1 of 2 <br />ash <br />