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Exhibit B Disbursements and Rates In consideration of the services provided by Contractor in Exhibit "A", City shall reimburse Contractor based on the following terms: Except in cases in which funding provided in this agreement will be used for property acquisition, funding assistance by City will be provided upon submission of reimbursement requests by Contractor to the City. Requests for reimbursement will include copies of invoices paid together with warrants, canceled checks, or other proof that the invoices have been paid. The request must include a brief narrative description of the progress of the Project and the items being reimbursed. For all other payment requests of City, Contractor shall certify in writing that the specific services for which funding assistance is being requested have been satisfactorily completed, that the amounts requested are accurate and that all such amounts are being or have been expended on behalf of and exclusively for the project. The City reserves the right to verify such completion prior to payment to Contractor. For property acquisition, City shall deposit funds into an escrow held by a title company mutually approved by City and Contractor, in accordance with City enabling instructions. City funds deposited into escrow will be used by the title company to consummate the transaction within the acceptable time constraints of HOME. To comply with the HOME regulation that funds be spent within 15 days of disbursement, City shall request reimbursement of incidental expenditures. In the case of a known large expense, City may request, in writing, from the County an advance of the necessary amount of the funds, which will be expended within the time allowed. The amount of each request shall be limited to the amount reasonably anticipated to be needed. In the event of a questionable reimbursement request by Contractor, City shall state in writing the specific nature of its objections to the request. The City shall also specify what actions or changes are necessary to make the work acceptable. Contractor shall respond to City within 15 days of receipt of such objections. The parties to this Agreement shall meet to discuss such objections at the request of either party. The City will not be obligated to make reimbursement for any amount requested unless and until any and all objections to the request, including but not limited to the adequacy of the services rendered or the amount of the reimbursement request, have been resolved. None of the funding assistance provided under this Agreement shall be used to support Contractor's program administration, including salary, fringe benefits or other compensation of its employees or affiliates. s-1 191\52\1543377.4