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- � B. The CITY shall maintain all project files and legally <br /> binding documents. They shall make both available to the CICD <br /> President upon request. <br /> III. SOIIRCE OF FONDS <br /> This Agreement shall be applicable to all funds provided to <br /> the RLF, including previously committed Community Development <br /> Block Grant (CDBG) Title I Funds, Economic Development <br /> Administration (EDA) Title IX Funds and all Program Income <br /> derived from the repayment of loans, both principal and interest, <br /> made from such funds. This Agreement is also applicable to all <br /> investment income and interest now in the possession of the RLF <br /> and hereafter acquired as a result of the use of said funds. <br /> IV. ADMINISTRATION <br /> A. The CICD may be reimbursed for all reasonable and <br /> allowable expenses associated with the administration of the RLF ' <br /> I from the Program Income proceeds of the RLF and all reimbursed �I <br /> administrative expenses incurred by the CICD will be documented <br /> as required by both Title I and Title IX regulations. <br /> Administrative expenses will include but not be limited to <br /> operating and management expenses such as staff time, (based on <br /> the percentage of personnel basis) , legal fees and accounting <br /> services, audits, supplies, postage, environmental reviews, and <br /> other related costs that are directly associated with the <br /> administration of the RLF. The CICD will invoice the RLF at <br /> regular intervals for these expenses. <br /> B. Program Income is defined as follows: Principal and <br /> Interest repayments and any fees charged from CDBG Title I loans <br /> and Interest only repayments and any fees charged from EDA Title <br /> IX loans. RLF administrative expenses will be limited to 20� of <br /> Program Income from the Title I portion of the portfolio and 500 <br /> of Program Income from the Title IX portion of the portfolio. <br /> V. INDIIrIIdIFICATION <br /> The CITY will indemnify and hold harmless , the CICD for any <br /> acts, fault or negligence related to the RLF portfolio prior to <br /> the execution of this Agreement. <br /> VI. TERMINATION <br /> The term of this Agreement shall be for a period commencing <br /> on the date of the execution hereof by CITY, and terminating on <br /> April 30, 1994 . Either party to this AGREEMENT may terminate the <br /> same by providing written notice served personally or by <br /> certified mail on the other party and setting out a termination <br /> date of not less than sixty (60) days from the date of the <br /> receipt of said notice. In the event that no notice of <br /> termination be served by either party to this AGREEMENT, this <br />