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R98-172 AUTHORIZING GRANT AGREEMENT
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R98-172 AUTHORIZING GRANT AGREEMENT
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Last modified
4/11/2016 11:41:15 AM
Creation date
4/11/2016 11:41:14 AM
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Resolution/Ordinance
Res Ord Num
R98-172
Res Ord Title
AUTHORIZING GRANT AGREEMENT - DEPARTMENT OF COMMERCE AND COMMUNITY AFFAIRS
Approved Date
12/14/1998
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� � �"3_ _ T..., i'�'� ir•, , w�,,,. , ,.. _ _' _ . .�......�._... ` `1-�. r=�_ ' . - - <br />� <br /> 7 . . . _ . . , . . - _ - <br /> � PART IV , <br /> TERMS AND CONDITIONS GOVERNING GRANT - <br /> Section 4.1 Payments to the Grantee - <br /> Payment to the Grantee,shali..be.rrsade subjee� �vthe-prowsions ofiSection 5.3 #�ereof and <br /> shall not exceed the amount set forth in the Notice of Grant Award. Upon execution of this <br /> Agreement by the Department, it shall authorize the Office of the State Comptroller to <br /> disburse payment of the entire grant award to the Grantee. <br /> Section 4.2 Acplicable Time Limitations. <br /> (i) Completion of Performance. All activities described in Part III hereof, which are <br /> chargeable to grant funds provided by this Agreement, must be completed by the grant period <br /> expiration date set forth in the Notice of Grant Award. <br /> (iii) Expenditure of Grant Funds. All grant funds provided under this Agreement <br /> must be expended by the grant period expiration date set forth in the Notice of Grant Award. <br /> Grant funds not expended by the grant period expiration date must be returned to the <br /> Depa�tment in accordance with directions provided by the Department. <br /> Sectlon 4.3 Interest on Grant Funds <br /> Any inte�est earned on grant funds provided under this Agreement must be accounted for and � <br /> returned to the Department in accordance with the directions provided by the Department. <br /> Section 4.4 Refunds to the Department. <br /> Any refunds (unliquidated grant balance, interest earned on grant funds, or ineligible/ <br /> improper grant expenditures) due the Department shall be remitted by the Grantee <br /> upon demand and pursuant to instructions issued by the Department. <br /> Section 4.5 Budget/Scoae of Work Modifications: Project Completion Certification. <br /> (i) Grant Budget (Part I). The Grantee must obtain prior written approval from the <br /> Department for any expenditures which mate�ially vary from the expenditures set forth in <br /> Pa�t I hereof. For purposes of this Agreement, "materially vary" means any variance within <br /> the line items set forth in Part I which exceeds lOqo of the amount established for that line <br /> item. <br /> (ii) Scope of Work (Part III). The Grantee must obtain prior written approval from <br /> the Department before materially changing any of the activities specified in Part III which are <br /> chargeable to this grant. For purposes of this Agreement, a "material scope change" is any <br /> revision to Part IIl which would result in the performance of activities by the Grantee which is <br /> inconsistent with the purpose set forth in the Appropriation. <br /> (iii) Project Completion Certification. Within 45 days following the expiration date of <br /> this Agreement, the Grantee shall submit to the Department the Project Completion <br /> Certification form (signed by an authorized official of the grantee) included in the Grant <br /> Closeout Package required by the Department. <br /> -7• <br />
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