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tI. Funding <br />For and in consideration of these services, CITY agrees to provide partial funding to the <br />SERVICE ORGANIZATION, in the form of a one-time payment, in the amount of $5,000.00 to <br />be paid to SERVICE ORGANIZATION within 30 days following an initial billing and invoice <br />from SERVICE ORGANIZATION to CITY for said services. Said invoice shall be in a form and <br />contain such information as CITY shall require. Upon receipt of the aforesaid one-time payment, <br />SERVICE ORGANIZATION shall be obligated to provide said services throughout the term of <br />this Agreement. <br />III. Reporting <br />No later than ninety (90) days prior to the termination of this Agreement as provided <br />herein, SERVICE ORGANIZATION shall provide to CITY the following information in writing: <br />1. A financial statement, in such detail and containing such information as CiTY shall <br />require; <br />2. A report of the number of citizens of the City of Paris served and directly benefitted by <br />the services provided under this Agreeinent during the previous nine (9) months of <br />services, or such other similar information as the CITY shall require; <br />A projected scope of services and cost projection for performance for the same or <br />similar services on behalf of CITY for an additional one year of service, should CITY <br />desire to renew this Agreeinent with SERVICE ORGANIZATION at the end of the <br />contractua] term; <br />4. Any other information which CITY may reasonably require. <br />IV. Agreement Term <br />This Agreement shall begin on October 1, 2011 and end on September 30, 2012. <br />V. Termination <br />This Agreement may be terminated by either party hereto at any time upon ten (10) days <br />written notice of termination to the other party. Such notice may be delivered personally to the <br />address shown in this agreement or by forwarding said notice to the other party by certified mail, <br />return receipt requested and shall be effective ten (10) days following receipt thereof by the other <br />party. If the SERVICE ORGANIZATION terminates the Agreement prior to providing all the <br />services required herein, the SERVICE ORGANIZATION shall refund that portion of the funding <br />received ($5,000) on a pro rata basis. <br />