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R2021-15 Resolution Authorizing Acceptance and Approval of a Strong Community Grant Agreement with Illinois Housing Development Authority (IHDA)
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R2021-15 Resolution Authorizing Acceptance and Approval of a Strong Community Grant Agreement with Illinois Housing Development Authority (IHDA)
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4/13/2021 1:52:18 PM
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2/2/2021 4:12:40 PM
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Resolution/Ordinance
Res Ord Num
R2021-15
Res Ord Title
R2021-15 Resolution Authorizing Acceptance and Approval of a Strong Community Grant Agreement with Illinois Housing Development Authority (IHDA)
Department
Econ and Com Dev
Approved Date
2/1/2021
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DocuSign Envelope ID:2FF3C179-7849-4BE0-8458-00933C3F0818 <br /> refraining from unlawful discrimination The Recipient agrees to comply with the <br /> applicable provisions of the Fair Housing Act (42 USC 3601 et seq.), Section 504 of the <br /> Rehabilitation Act of 1973 (29 USC 794), the Illinois Environmental Barriers Act (410 <br /> ILCS 25), the Illinois Accessibility Code (71 I11.Adm. Code 400), and all other applicable <br /> state and federal laws concerning discrimination and fair housing. The Recipient further <br /> agrees to take affirmative action to ensure that no unlawful discrimination is committed. <br /> d. The Recipient agrees and acknowledges that they are in compliance with <br /> and will remain in compliance with all federal and State laws, rules, and regulations <br /> required as a regular course of their business and pursuant to IHDA Act,the Rules,and the <br /> Strong Communities Program. The Recipient agrees and acknowledges that it is its <br /> responsibility to determine which laws,rules and regulations apply. <br /> 10. Violation of Agreement. Upon learning of a violation of any of the provisions of <br /> this Agreement by the Recipient or if the Authority determines, in its sole discretion, that the <br /> Recipient's performance of the Project is not satisfactory or that the Project is not yielding <br /> satisfactory results for the operation of the Strong Communities Program, or if the Recipient <br /> becomes insolvent, defunct, or commences bankruptcy proceedings, or should any director, <br /> officer, employee or official of Recipient engage in fraud,willful misconduct or gross negligence <br /> or misappropriate any funds, then the Authority may give written notice of such violation or <br /> unsatisfactory performance to the Recipient,as provided in Paragraph 19 hereof. If such violation <br /> or unsatisfactory performance is not corrected to the satisfaction of the Authority within thirty(30) <br /> days after the receipt of such notice, or within such further time as the Authority in its sole <br /> discretion permits,the Authority may declare a default under this Agreement,effective upon notice <br /> to the Recipient the Authority may: <br /> a. Recover the disbursed Funds,or such portion of the disbursed Funds as are, <br /> in the sole judgment of the Authority,related to the violation of this Agreement; <br /> b. Terminate this Agreement;and <br /> C. Exercise such other rights or remedies as may be available to the Authority <br /> under this Agreement, at law or in equity. <br /> No waiver by the Authority of any breach of this Agreement shall be deemed to be a waiver <br /> of any other existing or subsequent breach of this Agreement. No delay in exercising, failure to <br /> exercise, or incomplete exercise by the Authority of any right under this Agreement shall operate <br /> as a waiver of such right or any other right. The Authority's remedies are cumulative and the <br /> exercise of one remedy shall not be deemed an election of remedies,nor foreclose the exercise of <br /> the Authority's other remedies. <br /> Notwithstanding the foregoing thirty(30) day cure period for violations of the Agreement, <br /> the cure period for Requests for Disbursements shall be as set forth in Paragraph 7 hereof. <br /> 11. Monitoring of Project. The Authority, the Auditor General and the Attorney <br /> General, and their respective agents or representatives (collectively,the"Auditor") shall have the <br /> 6 <br />
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