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<br /> <br /> 2 <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 as <br />described herein in accordance with the provisions of this Contract and the rules, regulations and laws <br />applicable to the expenditure of general fund monies by the City. <br /> <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 Everett is a <br />person who resides within the city limits established by the City’s Planning and Zoning maps. <br /> <br />II. Time of Performance <br /> <br /> A. The term "Project Period" as used in this Contract means the period of time between the <br />beginning date of this Contract, January 1, 2023, and the completion date, December 31, 2023. <br /> <br /> B. Contractor shall commence work on the Project within thirty (30) days of the date of <br />execution of this Contract. Contractor shall work expeditiously, diligently and continuously to <br />complete the Project to the reasonable satisfaction of the City on or before the end of the Project <br />Period. <br /> <br />III. Compensation <br /> <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 for undertaking the Project. Any funds not paid to the <br />Contractor within the Project Period shall remain the property of the City and the Contractor loses all <br />legal entitlement to such funds. Requests for Reimbursement must be received by the City no later <br />than January 9, 2024 to qualify for payment under this Contract . <br /> <br /> B. The Contractor will be paid in accordance with the terms and conditions of this Contract <br />and in accordance with the projected budget set forth for the Project in AmpliFund and incorporated <br />herein by reference. <br /> <br />IV. Personnel <br /> <br /> A. The parties intend that an independent contractor relationship will be created by this <br />Contract. The City is interested only in the results to be achieved. The implementation of the Projects <br />will lie solely with the Contractor. No agent, employee, or representative of the Contractor shall be <br />deemed to be an employee, agent, servant or representative of the City for any purpose, and the <br />employees of the Contractor are not entitled to any of the benefits the City provides for City <br />employees. The Contractor will be solely and entirely responsible for its acts and for the acts of its <br />agents, employees, servants, subcontractors, during the performance of this Contract. <br /> <br /> B. The Contractor shall provide all personnel required to perform the Project under this <br />Contract. Such personnel shall not be employees of or have any contractual relationship with the City.