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R94-49 AUTHORIZING SUBRECIPIENT AGREEMENTS
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R94-49 AUTHORIZING SUBRECIPIENT AGREEMENTS
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7/13/2016 4:40:10 PM
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Resolution/Ordinance
Res Ord Num
R94-49
Res Ord Title
AUTHORIZING SUBRECIPIENT AGREEMENTS FISCAL YEAR 1994-95 COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
Approved Date
5/2/1994
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services, or schedule of, the activities to be undertaken as part <br /> of this Agreement, such modifications will be incorporated only <br /> by written amendment signed by both the City and the Sub- <br /> recipient. ! <br /> A. Suspension or Termination <br /> Either party may terminate this contract at any time by <br /> giving written notice to the other party of such termination and <br /> specifying the effective date thereof at least 30 days before the <br /> effective date of such termination. Partial te�inations of the <br /> Scope of Service in paragraph 1 .A above may only be undertaken I <br /> with the prior approval of grantee. In the event of any termina- � <br /> tion for convenience, all finished or unfinished documents, data, I� <br /> studies, surveys, maps, models, photographs, reports or other <br /> materials prepared by the Subrecipient under this Agreement <br /> shall, at the option of the City, become the property of the <br /> City, and the Subrecipient shall be entitled to receive just and <br /> equitable conpensation for any satisfactory work completed on <br /> such documents or materials prior to the termination. <br /> The City may also suspend or terminate this Agreement, in <br /> whole or in part, if the Subrecipient materially fails to comply <br /> with any term of this Agreement, or with any of the rules, <br /> regulations, or provisions referred herein; and the City may <br /> declare the Subrecipient ineligible for any further participation <br /> in City contracts, in addition to other remedies provided by law. <br /> In the event there is probable cause to believe the Subrecipient <br /> is in noncompliance with any applicable rules .or regulations, the <br /> City may withhold up to fifteen percent (15%) of said contract <br /> funds until such time as the Subrecipient is found to be in com- <br /> pliance by the City, or is otherwise adjudicated to be in com- <br /> pliance. � <br /> VII . ADMINISTR.ATIVE REQUIREMENTS <br /> A. Rinancial Management <br /> 1. Accounting Standards <br /> The Subrecipient agrees to comply with Attachment F of <br /> OMB Circular A-110 and agrees to adhere to the account- <br /> ing principles and procedures required therein, utilize <br /> adequate internal controls, and maintain necessary <br /> source documentation for all costs incurred. <br /> 2 . Cost Principles <br /> The Subrecipient shall administer its program in confor- <br /> mance with OMB Circulars A-122 , "Cost Principles for <br /> Non-Profit Organizations, " or A-21 "Cost Principles for <br /> Educational Institutions, : as applicable; {and if the <br /> 5 <br />
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