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LOAN AGREEMENTDRINKING WATER PROJECT: L17-2552 <br /> Audit is required, all loans from the Drinking Water State Revolving Fund receiving federal funds must be audited and included in <br /> the audit report. The Agency will notify the recipient of any federal funds disbursed during the recipient's fiscal year. <br /> The loan recipient shall separately identify the expenditures of Federal awards made under the American Recovery and Reinvestment <br /> Act (ARRA) of 2009 on the Schedule of Expenditures of Federal Awards (SEFA) along with the prefix ARRA in identifying the name of <br /> the Federal program. <br /> 12. Subcontracts Under Construction Contracts <br /> The award or execution of all subcontracts by a prime contractor and the procurement and negotiation procedures used by such prime <br /> contractor in awarding or executing such contracts shall comply with: <br /> a) All provisions of federal , State and local law. <br /> b) All provisions of 35 Ill. Adm. Code 664 with respect to fraud and other unlawful or corrupt practices. <br /> c) All provisions of 35 Ill. Adm. Code 664 with respect to access to facilities, records and audit of records. <br /> d) The provisions requiring a certification that the services of anyone that has been debarred or suspended under federal Executive <br /> Order 12549 (reference 35 Ill. Adm. Code 664 Appendix A. Exhibit A) will not be used for construction work. <br /> e) The Americans with Disabilities Act of 1990, as amended, and 42 U.S.C.12101. <br /> f) New Restrictions on Lobbying 40 CFR Part 34. <br /> g) Immigration and Naturalization Service Employment Eligibility Form (I-9). <br /> 13. Requirements of Bond Ordinance <br /> If the dedicated source of revenue is pledged in a subordinate position to an existing revenue bond ordinance, the covenants <br /> regarding coverage and reserve shall be in accordance with 35 Ill. Adm. Code 664.930 (Dedicated Source of Revenue for Local <br /> Government Units). <br /> 14. Records Retention and Access <br /> The loan recipient agrees to establish and maintain the books and other financial records pertaining to this project in accordance <br /> with Generally Accepted Accounting Principles (GAAP). The loan recipient shall maintain all books and records pertaining to this <br /> project for a period not less than 3 years from the date of the final loan closing. All records pertaining to the issuance of bonds <br /> and the repayment of this loan shall be maintained for a period not less than 3 years from the final repayment date. <br /> 15. Reporting Requirements of the American Recovery and Reinvestment Act of 2009 <br /> The loan recipient is required to comply with the volume and frequency of the reporting requirements as required by Section 1512(c) <br /> of the American Recovery and Reinvestment Act of 2009, including reporting on jobs created and retained as a result of the project. <br /> More information on these requirements is available at the IEPA web site at <br /> http://www.epa.state.il.us/water/financial-assistance/economic-stimulus/arra-jobs-reporting.pdf <br /> 16. Buy American Requirements <br /> The loan recipient is required to comply with the Buy American requirements under Section 1605 of the American Recovery and <br /> Reinvestment Act of 2009. More information on these requirements is available at the IEPA web site at <br /> http://www.epa.state.il.us/water/financial-assistance/economic-stimulus/arra-buy-american-guidance.pdf <br /> 17. Wage Rate Requirements <br /> The loan recipient is required to comply with the Wage Rate requirement under Section 1606 of the American Recovery and Reinvestment <br /> Act of 2009. More information on these requirements is available at the IEPA web site at <br /> http://www.epa.state.il.us/water/financial-assistance/economic-stimulus/arra-davis-bacon-guidance.pdf <br /> 18. Recovery Act Logo <br /> The loan recipient is responsible for the display of the American Recovery and Reinvestment Act of 2009 (ARRA) logo in a manner that <br /> informs the public that the project is an ARRA investment. A version of the logo can be downloaded at <br /> http://www.recovery.gov/?q=node/203. If the USEPA logo is displayed along with the ARRA logo. the USEPA logo must not be displayed <br /> in a manner that implies that the USEPA itself is conducting the project. Instead. the USEPA logo must be accompanied by a <br /> statement indicating that the loan recipient received financial assistance from the USEPA for the project. <br /> REPORT VA LN03 LOG # 006824 PAGE 4 OF 4 <br />