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made in compliance with HUD regulations, compliance methods shall be approved by <br /> the CITY's Director of Neighborhood Services. <br /> 4. Indirect Cost Records:A record shall be kept of all indirect costs, per HUD <br /> requirements. Indirect costs are costs incurred for a common or joint purpose <br /> benefitting more than one cost objective, and are not readily assignable to the cost <br /> objectives specifically benefitted, without effort disproportionate to the results <br /> achieved. However,SUBRECIPIENT acknowledges that indirect costs shall not be <br /> covered by funds provided by the CITY. <br /> XI. REPORTING REQUIREMENTS:The SUBRECIPIENT agrees to provide the CITY's <br /> Neighborhood Services Division with regular reports described below per the schedule in <br /> Appendix B, and any other reports which may be required by the CITY's CDBG Program for <br /> compliance under this Agreement. This includes reporting on performance measures, as <br /> outlined in §200.301 of the Omni Circular Such performance measures shall be decided <br /> upon by the SUBRECIPIENT and the City's Manager of Neighborhood Services, based on the <br /> requirements outlined by HUD for the category of eligible activities that the SUBRECIPIENT's <br /> programs engages in. These categories have been described within HUD's "Community <br /> Development Block Grant Program: Guide to National Objectives & Eligible Activities for <br /> Entitlement Communities," and the Guide shall be incorporated hereto by reference, and <br /> will be provided to SUBRECIPIENT. <br /> SUBRECIPIENT shall use OMB-approved information collection standards when providin� <br /> financial and performance information.The SUBRECIPIENT shall provide financial data and <br /> its relation to performance accomplishments, of the Federal awards. <br /> SUBRECIPIENT agrees to provide the CITY with documents pertaining to: (1) procedures; (2) <br /> copies of all contracts and subcontracts for work financed in whole or in part with <br /> assistance provided under this Agreement; and (3) (if applicable) regularly updated <br /> schedule of program activities. <br /> � REPORTING: Reports shall be submitted to staff via the Neighborhood Services <br /> Division by the SUBRECIPIENT throughout the term of the Program. See <br /> Appendix B for report due dates.All reports and required attachments may be <br /> viewed by members of the Neighborhood Services Division. <br /> 1. The CITY reserves the right to withhold any of the SUBRECIPIENT's <br /> scheduled payments until such time as the CITY receives the <br /> SUBRECIPIENT's financial progress and performance reports. <br /> 2. Improperly prepared reports will not be accepted. Subsequent Grant <br /> payments may be held pending accurate information together with any <br /> required source documentation. Upon receipt of improperly prepared or <br /> erroneous reports,field audit procedures may be initiated to evaluate <br /> the financial management, control and record keeping procedures <br /> 7 <br /> EXHIBIT A <br />