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EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of Fifty-two <br />thousand thirty-four dollars and no cents ($52,034) for services to be performed <br />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 <br />performed and reimbursable costs incurred prior to the invoice date. Invoices shall <br />contain the following information. <br />1. Serial identification of progress bills, i.e., Progress Bill No. 1. <br />2. The beginning and ending dates of the billing period. <br />3. A Task Summary containing the original contract amount, the amount <br />of prior billings, the total due this period, the balance available and the <br />percentage of completion. <br />4. For each work item in each task, a copy of the applicable time sheets <br />shall be submitted showing the name of the person doing the work, the <br />hours spent by each person, a brief description of the work, and each <br />reimbursable expense. <br />City shall make monthly payments, based on such invoices, for services <br />satisfactorily performed, and for authorized reimbursable costs incurred. <br />The total sum stated above shall be the total which city shall pay for the <br />services to be rendered by Contractor pursuant to this Agreement. City shall not <br />pay any additional sum for any expense or cost whatsoever incurred by Contractor <br />in rendering services pursuant to this Agreement. <br />Exhibit B City -Wide Park Master Plan <br />Page 1 of 3 Callander Associates <br />