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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 <br />THOUSAND THREE HUNDRED FOUR AND NO/100 ($32,304.00) 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 followin; information. <br />Serial identifications of progress bills, i.e., Progress Bill No. 1. <br />2. The beginnin, and ending dates of the billing period. <br />3. 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. A listing showing the names of the persons doing the work and the hours spent by <br />each person. Copies of applicable time sheets will be provided if specifically <br />requested b-,,, the City. <br />City shall make monthly payments, based on such invoices, for services satisfactorily <br />performed, and for authorized reimbursable costs incurred. <br />City shall pay the last 10% of the total sum due pursuant to this Agreement within forty- <br />five (45) days after completion of the services and submittal to City, if all services due pursuant to <br />this Agreement have been satisfactorily performed. <br />Exhibit " B" Pau 1 of 2 <br />6,12 9 5 - Word 6. 0 <br />