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• <br /> • <br /> • <br /> D. The CICD will cooperate with the City of Decatur in preparing and making <br /> any reports to other parties as appropriate and necessary for activities <br /> conducted under this agreement. <br /> II. Actions by the City <br /> A. The City shall conduct and complete Environmental Review Reports and <br /> Historical Review required for federal compliance under Title H. <br /> B. The City via the Community Development staff shall provide the monthly <br /> progress report on activities associated with the CHDO Program, <br /> repayment status, and loans in process. <br /> C. The City shall maintain all project files and legally binding documents. <br /> They shall make available to the CICD President upon request. <br /> B. Activity <br /> The CICD will be responsible for the administration of the Decatur Industry and <br /> Technology Center(DITC) <br /> I. Actions by the CICD <br /> A. The CICD will assume responsibility for the selection of eligible tenants, <br /> use, occupancy and operations of DITC in accord with applicable <br /> regulations of the US Department of Housing and Urban Development <br /> (HUD), Community Development Block Grant Program (CDBG), the <br /> Economic Development Administration (EDA), and Illinois Department of <br /> Commerce and Community Affairs (DCCA), and in accord with any <br /> conditions or other provisions of any loan or grant relating to the DITC. <br /> B. Rents shall be collected by the CICD and shall be used by it to defray the <br /> costs and expenses of the management and operation of the DITC. <br /> C. The CICD shall account to the City each calendar month as to said rents <br /> and the application thereof and of any other funds in connection with the <br /> DITC received by it,to said expenses. <br /> D. The CICD shall keep accurate books of account which it shall annually <br /> cause to be audited by independent accountants and shall furnish a report <br /> thereof to the City. <br /> 2 <br />