Laserfiche WebLink
Metadata
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
ACTIA 2002 -26 <br /> • (4) To provide an independent annual audit of ACTIA's program -wide revenues and <br /> expenditures including the allocation formula for distributing Measure B sales tax revenues to <br /> SPONSOR and render an annual report to ACTIA's Governing Board and to the Citizens <br /> Watchdog Committee (CWC) within 180 days following the close of the fiscal year. <br /> (5) To provide notice to the SPONSOR of any and all expenditures made by SPONSOR, <br /> which are not in compliance with the AGREEMENT, the PLAN or the Measure B ballot <br /> measure, promptly after ACTIA becomes aware of any such expenditures. <br /> (6) To assist SPONSOR in preparing detailed schedules for all PROJECTS for inclusion in <br /> the SPECIFIC AGREEMENT. <br /> (7) To prepare contract language regarding Progress Reports suitable for inclusion in <br /> SPONSOR's contracts for professional services. <br /> (8) To prepare a contract specification /provision to be included in SPONSOR's construction <br /> contracts to clarify ACTIA LBE /SLBE requirements, where such participation is required, and <br /> monthly reporting requirements. <br /> SECTION I11 <br /> IT IS MUTUALLY AGREED AS FOLLOWS: <br /> (1) It is the intent of ACTIA to commit Measure B Funds to fully funded PROJECTS. It is <br /> the responsibility of SPONSOR to secure all other funds required to complete PROJECTS. If in <br /> the opinion of the ACTIA Executive Director, a project has lost required funding or has not <br /> progressed according to the detailed schedule as either shown in EXHIBIT "B" or as later <br /> modified in the SPECIFIC AGREEMENT, funds may be withheld and may require <br /> reimbursement from the SPONSOR to ACTIA. <br /> (2) All correspondence and communications will contain the ACTIA number and name for <br /> PROJECTS in a clearly identifiable location. <br /> Final 5/16/02 Page 10 <br />