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EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of THIRTY FIVE THOUSAND <br />SIX HUNDRED FIVE AND NO/100 ($35,605.00) for services to be performed and reimbursable costs <br />incurred pursuant to this Agreement. Contractor shall submit invoices, not more often than once a <br />month 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. Beginning and ending dates of the billing period <br />3. Task Summary containing the original contract amount, the amount of prior billings, the <br />total due this period, the balance available, and the percentage of completion <br />4. For each work item in each task, a copy of the applicable time sheets shall be submitted <br />showing the name of the person doing the work, the hours spent by each person, a brief <br />description of the work, and each reimbursable expense. <br />City shall make monthly payments, based on such invoices, for services satisfactorily performed, <br />and for authorized reimbursable costs incurred. <br />City shall pay the last 10% of the total sum due pursuant to this Agreement within forty-five (45) <br />days after completion of the services and submittal to City, if all services due pursuant to this Agreement <br />have been satisfactorily performed. <br />Doolittle Dr. Entryway - Landscaping Page 5 of 15 <br />