R2007-91 AUTHORIZING U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FUND ALLOCATION

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� COMM[JNITY DEVELOPMENT BLOCK GRANT ENTITLEMENT AWARD ` Fiscal Year 2007 ` DECATUR, Illinois Grant No. B-07-MC-17-0008 Entitlement Amount: 51,544,875 Attached is the Funding Approval/Agreement (three copies of HUD-7082 ) , which constitutes the contract between the Department of Housing and Urban Development and Decatur, Illinois • You ' should note particularly any special conditions included in Item !, 8 of the Funding Approval . Failure to execute and return the , Grant Agreement within 60 days of the transmittal date may be ', deemed to constitute rejection of the grant and cause for HUD to '�, determine that the funds are available for reallocation to other '� grantees . The special condition in your Grant Agreement and Funding I Approval concerning the review procedures under Executive Order (E.O. ) 12372 , Intergovernmental Review of Federal Programs and HUD' s implementing regulations at 24 CFR Part 52 restricts the obligation or expenditure of funds for the planning or construction of water or sewer facilities until the completion of the review process and receipt of written notification of release of funds from HUD. Since you have not submitted your Consolidated Plan for review under E.O. 12372 , we assume you do not propose to use funds for activities subject to review. However, the condition requires that in the event you amend or otherwise revise your Consolidated Plan to use funds for the planning or construction of water or sewer facilities, you must receive written release of funds from HUD before obligating or expending funds for such activities . In order to establish a Line of Credit for the Fiscal Year 2007 grant, it will be necessary for you to execute and return two copies of the Grant Agreement. In addition, if there is a need to delete or add individuals authorized to access the Voice Response System (VRS) , a VRS Security Access Authorization Form (HUD-27054) must be prepared, notarized, and returned to this office with the Grant Agreement . Also, if there is a need to establish or change the depository account to which these grant funds are to be wired, a Direct Deposit Sign-Up Form (SF-1199A) must be completed by you and your financial institution and mailed to this office. You are reminded that CDBG entitlement funds must be drawn on a first in first out (FIFO) basis . This means that before requesting CDBG entitlement funds from a newly established Line of Credit, you should have first drawn all the funds from the previous years ' Line (s) of Credit. Please note that the FIFO method only applies to CDBG entitlement program funds .