R2016-25 AUTHORIZING SUB RECIPIENT AGREEMENT CONO

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client name, address, income level or other basis for determining eligibility, and description of service provided. Such information shall be made available to the City monitors or their designees for review upon request. 4. Disclosure The Sub Recipient understands that client information collected under this contract is private and the use or disclosure of such information, when not directly connected with the administration of the City's or Sub Recipient's responsibilities with respect to services provided under this contract, is prohibited by the Right to Financial Privacy Act of 1978 unless written consent is obtained from such person receiving service and, in the case of a minor,that of a responsible parent/guardian. 5. Records and Propertv and Reversion of assets The Sub Recipient shall maintain real property inventory records which clearly identify properties purchased, improved, or sold. Properties retained shall continue to meet eligibility criteria and shall conform to the "changes in use" restrictions. Reversion of assets. Under this agreement upon its expiration the Sub Recipient shall transfer to the recipient any funds on hand at the time of expiration and any accounts receivable attributable to the use of those funds. 6. Objectives The Sub Recipient agrees to maintain documentation that demonstrates that the activities carried out with funds provided under this contract meet one or more of the following objectives - 1) benefit low/moderate income persons; 2) aid in the prevention or elimination of slum or blight; 3) meet community development needs. 7. Close-outs Sub Recipient obligation to the City shall not end until all close-out requirements are completed. Activities during this close-out period shall include, but are not limited to; making final payments, disposing of program assets, (including the return of all unused materials, equipment, program income balances, and receivable accounts) to the City, and determining the custodianship of records. 8. Audits and Insnections All Sub Recipient records with respect to any matters covered by this agreement shall be made available to the City, grantor agency, or their designees, at any time during normal business hours, as often as the City or grantor agency deems necessary, to audit, examine, and make excerpts or transcripts of all relevant data. Any deficiencies noted in audit reports must be fully cleared by the Sub Recipient within 30 days after receipt by the Sub Recipient. Failure of the Sub Recipient to Sub RecipientAgreement(Rev. 3/1/16) Page 7 of 16