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HomeMy WebLinkAbout1 - Original Submission_ EXHIBIT C - RAP Fees (2)EXHIBIT C CONSULTANT FEES AND REIMBURSEMENT SUBSTANTIATION Fees The contract provides $100,000 to be dispersed as follows: Administrative Fee: The Consultant will invoice monthly an administrative fee of 10% on each rental assistance disbursement up to a maximum of $10,000 in the contract year. Rental Assistance: The City will provide reimbursement to the Consultant up to $90,000 for rental assistance pursuant to the Program Information and Restrictions in Exhibit A Reimbursement Substantiation The Consultant shall submit invoices to the City on a monthly basis. The invoices shall be accompanied by appropriate reports and documentation to support the reimbursement and to ensure that the funds were expended and dispersed to the appropriate recipients. DocuSign Envelope ID: 6A475AB6-3A4F-4BE8-9509-D0F788A49893