Laserfiche WebLink
VII. PAYMENT OF CDBG FUNDS TO SUBRECIPIENT:The CITY agrees to fund the Program in <br /> the total amount not to exceed Forty Thousand Dollars($40,000.00).Such funds shall be <br /> paid to the SUB-RECIPIENT according to the schedule in Appendix B. The CITY CANNOT <br /> disperse any grant funds until the Environmental Review is complete,and this Agreement <br /> has been executed by both parties(24 CFR Sect.570.503 (a)).The Environmental Review <br /> shall be completed by the City and shall be executed in a timely manner. <br /> • The SUB-RECIPIENT understands that this Agreement is for a Public Services <br /> Program and the payments shall be made per the schedule in Appendix C. <br /> • The SUB-RECIPIENT understands that disbursement will be contingent upon the <br /> SUB-RECIPIENT ensuring compliance with any applicable federal, state, and CITY <br /> requirements. <br /> • No disbursement will be made by the CITY unless all required reports (including <br /> beneficiary,performance,financial,and narrative reports,and source documents <br /> for CDBG-funded expenditures) have been submitted and approved by the CITY <br /> staff. Payment will be withheld pending receipt and approval of all required <br /> documentation. <br /> VIII. SUSPENSION OR TERMINATION: <br /> • Suspension or Termination for Cause by CITY: The SUB-RECIPIENT understands <br /> and agrees that if SUB-RECIPIENT materially fails to comply with any or all <br /> provisions of this Agreement, the City may in its sole discretion suspend or <br /> terminate this Agreement. <br /> 1. Material non-compliance includes,but is not limited to,the following: <br /> a. Failure to comply with any of the rules,regulations,or provisions <br /> referred to herein, or such statutes, regulations, executive <br /> orders,and HUD guidelines,policies,or directives as may become <br /> applicable at any time; <br /> b. Failure,for any reason,of the SUB-RECIPIENT to fulfill in a timely <br /> and proper manner its obligations under this Agreement; <br /> c. Ineffective or improper use of funds provided under this <br /> Agreement;or <br /> d. Submission of reports by the SUB-RECIPIENT to the CITY which <br /> are late,or incorrect or incomplete in any material respect. <br /> 2. As a result of material non-compliance,the CITY may take one or more <br /> of the following actions: <br /> a. Temporarily withhold cash payments pending correction of the <br /> deficiency by the SUB-RECIPIENT. More severe enforcement <br /> action may be undertaken by the CITY if the deficiency is not <br /> corrected; <br /> 4 <br />