2020/12/02 Council Agenda Packet

C. Program Funds 1. All funds for this PROGRAM are to be provided by THE CITY. 2. SERVICE PROVIDER shall hold all PROGRAM donations, reserve funds, and any and all interest, dividends, or capital gams earned on PROGRAM funds as part of the PROGRAM's direct service funds. 3. Make pledges to CUSTOMERS according to the approved CITY POLICY and coordinate pledges with the CITY 4. Follow standard accounting practices and reporting involved with the management of donated funds, including acceptable and audited accounting of the PROGRAM SERVICE PROVIDER shall notify CITY, in writing, of any audit findings in relation to the PROGRAM. SERVICE PROVIDER shall take corrective action to resolve audit findings related to the PROGRAM. 5. Any unexpended funds shall be carried forward to subsequent years. At termination of agreement, all unexpended funds including any earnings on those funds shall be returned to the CITY D. Program Reporting — SERVICE PROVIDER Shall Perform the Following Functions 1. Category, total pledges made, number of CUSTOMERS receiving pledges, and ending financial account balance(s) 2. Maintain records of pledges, including CUSTOMERS name and CITY account number throughout the term of the contract 3. Provide daily updates to City listing applicants to PROGRAM via "Daily Activity Report" including CITIZEN'S account Provide the CITY monthly reports of beginning financial account balance(s)total donations received by number, contact date and application status, including awarded amounts E. Coordination with Other Agencies Coordinate with other community agencies as necessary. III. Location All work will be performed at the SERVICE PROVIDER'S offices at 1918 Everett Avenue, Everett, WA 98201, or other locations SERVICE PROVIDER and CITY deem appropriate.