R2002-184 AUTHORIZING SUBRECIPIENT AGREEMENTS

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• � � The City will pay to the Subrecipient funds available under this contract based upon information submitted by the Subrecipient and consistent with any approved budget as long as they were incurred after the Notice to Proceed was issued, and within the fiscal year as noted above. Payments will be made for eligible expenses actually incurred by the Subrecipient, and not to exceed actual cash requirements. The only exception is for pre-award costs approved at the time of the contract. In addition, the City reserves the right to liquidate funds available under this contract for costs incurred by the City on behalf of the Subrecipient. 4. Pro egr ss Reports The Subrecipient shall submit regular progress reports to the City in the form and content as provided by the City on a monthly basis. The City retains the right to delay or with hold disbursements of payments after duly notifying the subrecipient in the event that progress reports are not received as scheduled. D. Procurement 1. Compliance 'I The Subrecipient shall comply with current City policies concerning the purchase , of equipment and shall maintain inventory records of all nonexpendable personal property as defined by such policy as may be procured with funds provided , herein. As long as the Subrecipient continues to use the equipment for the ' clientele originally intended and in the manner originally intended, and as long as the Subrecipient continues to exist, the equipment shall be retained by the Subrecipient. However, in the event of a change in the clientele, use, manner, etc. ' of the equipment; and/or if the Subrecipient no longer exists, all equipment will revert back to the City. 2. OMB Standards �I The Subrecipient shall procure materials in accordance with the requirements of Subpart C, Procurement Standards, of OMB Circular A-110, and shall subsequently follow Subpart C, Property Standards, as modified by 24 CFR 570.502(b)(6), covering utilization and disposal of property. 3. Travel The Subrecipient shall obtain written approval from the City for any travel outside the metropolitan area with funds provided under this contract. IX. RELOCATION, ACQUISITION,AND DISPLACEMENT The Subrecipient agrees to comply with 24 CFR 570.606 relating to the acquisition and disposition of all real property utilizing grant funds, and to the displacement of persons, businesses, nonprofit organizations and farms occurring as a direct result of any Subrecipient Agreement (Rev. OS/06/02 LJL:bb) Page 9 of 18