Laserfiche WebLink
funds generated by the Agency as a result of contract <br />activity, including interest earned on any funds provided <br /> this shall be considered income. All <br />under <br /> contract, <br /> program <br />program income must be fully accounted for by the Agency, <br />reported to the Council, and used during the contract period <br />to offset the cost of the services provided. Any revenues <br />generated through the sliding fee scale shall also be <br />considered program income. <br /> <br />collection of Non-Federel Match,hq Resources. Recognizing its <br />obligation to provide matching resources under this agreement, <br />the Agency hereby agrees to secure and contribute to the <br />Project local matching resources as required by fund sources <br />and calculated by the Area Agency on Aging. Local matching <br />resources shall be a portion of the net Project costs. Net <br />Project costs shall mean total Project costs less any USDA <br />funds and program income received. USDA funds and program <br />income are defined in paragraphs 4(e) and 5. The Council will <br />not be obligated to make any payments (as required by <br />paragraph 4) until the Agency shall deposit to the Project <br />account, or otherwise furnish to the Project, the required <br />local match for the grant funds requested. In no case shall <br />the local match directly or indirectly consist of federal <br />funds from any source nor may any of the funds paid the Agency <br />hereunder be used to match any other federal funds. The <br />amounts and sources of the non-federal match are described in <br />the Agency's reply to the Council's Invitation for Bid <br />referenced in paragraph 2. <br /> <br /> Personnel. The that it will <br />Aqenc¥' s <br /> Agency <br /> represents <br /> has, <br /> or <br />secure all personnel required to perform the services provided <br />for under this contract. Such personnel shall not be <br />employees of the Council, nor shall such personnel have been <br />employees of the Council during any time within the twelve <br />(12) month period immediately prior to the date of this <br />contract, except with the express written consent of the <br />Council's Executive Director. The Agency shall procure a <br />fidelity bond for all persons authorized to receive or <br />disburse Project funds. Agency's personnel having access to <br />property or funds belonging to the clients served under this <br />contract should also be bonded in an amount of at least <br />$10,000. Public agencies shall procure a public employees' <br />faithful performance blanket bond. Non-governmental agencies <br />shall procure either a blanket fidelity bond or name schedule <br />fidelity bond. The bond limit for persons authorized to <br />receive and disburse grant funds shall be at least the amount <br />of compensation detailed in paragraph 2 or $100,000,'whichever <br />is less. <br /> <br /> <br />