2007 024 Ordinance - Laserfiche WebLink

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2. Performance of the Grant Agreement. The Alliance hereby delegates all of its duties and obligations arising under the Grant Agreement to the Village (the "Obligations"), which Obligations are incorporated herein by this reference. The Village hereby accepts the delegation of the Alliance's obligations and duties arising under the Grant Agreement and further designates its Director of Finance & Economic Development, presently Philip M. Brett (the "Project Coordinator") to coordinate the performance and completion of the Obligations. The Project Coordinator will attend and will be the liaison of the Alliance and the Village at all meetings for the CIZ Program. The Village will be solely responsible for all financial obligations arising under the Obligations. Neither the Village, nor the Project Coordinator will expend, encumber or obligate any portion of the Funds, nor obligate the Alliance, nor incur liability on behalf of the Alliance, without the express advance written approval of the Alliance, which approval will not be unreasonably withheld, delayed or conditioned. The Village, working through the Project Coordinator, will conclude the Obligations by the Effective Date (as defined in the Grant Agreement), as such.time may be extended under Section 3 of the Grant Agreement, subject to County approval. The Parties acknowledge that the Grant Agreement requires the Obligations to be completed within One Hundred Eighty (180) days after the Effective Date. 3. Progress Reports/Inspections and Audits. The Project Coordinator will provide the Parties monthly written progress reports concerning the Obligations. As part of its undertaking of the Obligations, the Village acting through the Project Coordinator will draft the progress reports due the County pursuant to Section 5 of the Grant Agreement; provided that such reports will be delivered to the Alliance for review, comment and approval at least seven business days in advance of the due dates in the Grant Agreement. The Village and Project Coordinator will cooperate in all inspections and audits to be performed by the County pursuant to the Grant Agreement and make all relevant information available for such inspections. 4. Removal of Project Coordinator. In the event the Project Coordinator is unable to fulfill its duties under this Agreement, the Project Coordinator or the Village will immediately notify the Alliance in writing. The Village and Alliance will each provide substitute candidates to the other Party within five (5) business days of the Alliance's receipt of the notice. If requested by either Party, the Parties will meet to discuss the candidates in order to make a consensual selection of a suitable substitute Project Coordinator. In the event the Parties are unable to agree on a substitute Project Coordinator within fifteen (15) calendar days of the Alliance's receipt of the aforementioned notice, the Alliance may appoint the Project Coordinator in its reasonable discretion. The Alliance will provide prompt written notice to the Village of its selection. The Parties will use their respective good faith and diligent efforts to provide the substitute Project Coordinate with all materials to continue on the Obligations. In the event the Project Coordinator breaches its duties under this Agreement, the Alliance may provide written notice of such breach, whereupon the Project Coordinator will have five (5) business Days to cure_the breach. Such cure period may be extended if the Project Coordinator initiates and diligent pursues the cure within such cure period, but not to exceed a total of thirty (30) calendar days from the initial notice of breach. In {K0368359.1 }