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1... EVERETT <br /> WASHINGTON <br /> B. The City agrees to reimburse the Contractor an amount not to exceed that amount <br /> described in Section III of this Contract. Such funds shall be expended during the Project Period <br /> as described herein in accordance with the provisions of this Contract and the rules, regulations <br /> and laws applicable to the expenditure of general fund monies by the City. <br /> C. Residents of the City of Everett, Washington must benefit from the Work funded in <br /> accordance with this Contract. For the purposes of this Contract, a resident of the City of <br /> Everett is a person who resides within the city limits established by the City's Planning and <br /> Zoning maps. <br /> II. Time of Performance <br /> A. The term "Project Period" as used in this Contract means the period of time <br /> between the beginning date of this Contract,January 1,2022,and the completion date, <br /> December 31, 2022. <br /> B. Contractor shall commence work on the Project within thirty (30) days of the date <br /> of execution of this Contract. Contractor shall work expeditiously, diligently and continuously <br /> to complete the Project to the reasonable satisfaction of the City on or before the end of the <br /> Project Period. <br /> III. Compensation <br /> A. Subject to the terms and conditions of this Contract, the City shall reimburse the <br /> Contractor a sum not to exceed $200,000.00 for undertaking the Project. Any funds not paid to <br /> the Contractor within the Project Period shall remain the property of the City and the <br /> Contractor loses all legal entitlement to such funds. Requests for Reimbursement must be <br /> received by the City no later than January 6,2023 to qualify for payment under this Contract. <br /> B. The Contractor will be paid in accordance with the terms and conditions of this <br /> Contract and in accordance with the projected budget set forth for the Project in AmpliFund <br /> and incorporated herein by reference. <br /> IV. Personnel <br /> A. The parties intend that an independent contractor relationship will be created by <br /> this Contract. The City is interested only in the results to be achieved. The implementation of <br /> the Projects will lie solely with the Contractor. No agent, employee, or representative of the <br /> Contractor shall be deemed to be an employee, agent, servant or representative of the City for <br /> any purpose, and the employees of the Contractor are not entitled to any of the benefits the <br /> City provides for City employees. The Contractor will be solely and entirely responsible for its <br /> acts and for the acts of its agents, employees, servants, subcontractors, during the performance <br /> of this Contract. <br />