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EXHIBIT 1 <br />B. Pursuant to 2 CFR §200.331(a)(4), the Indirect Cost Rate for the <br />SUBRF,CIPIENT's award shall be an approved 'federally recognized indirect cost rate negotiated <br />between the ST.7FRECIPIENT and the Federal government, or, if no such rate exists, either a rate <br />negotiated between the CITY and the SUBRECIPIENT, or a do minimis indirect cost rate as defined in <br />2 CFR §200.414(b) Indirect (F&A) costs, <br />C. SUBRECIPIENT has the ability to adjust line item amounts in the budget with <br />the approval of the Executive Director, so long as the total Budget amount does not increuse. <br />D. CITY agrees to p -ovide for ou-site monitoring I'MiCws of said progiraut <br />operation at least annually. In addition, monthly desk -top reviews of pertinent information will be <br />conducted. <br />E. CITY has the tight to de -obligate the funds hereunder, and tape such funding <br />back from SUBRBCIFIENT, due to any of the following reasons: (a) lack of performance by <br />SUBRECIPIEIiT; (b) tack of fiscal accountability of. SUBRECIPIENT; or (c) decrease in available <br />funding, <br />III. <br />TERM OF AGREK-NIENT <br />A. This Agreement shall commence on Tidy 1, 2019, and all duties arising under <br />this Agreement shall have been performed by June 30, 2020. The Term of this Agreement may be <br />extended by a waiting executed by the City Manager and the City Attorney. Si:BUCIPIENT <br />acknowledges and agrees that it must provide follow-up services for. one (1) vcar after the Term, <br />whether funded or not. <br />B. STJBRECIPIPNT agrees to comply with the closeout procedures detailed in 2 <br />C-FR §200.343, including the follounng: <br />1. SUBRECIPIENT must submit; no later than ninety (90) calendar days <br />after the end date of the period oCperfonnance., all Enancial, performance, and other reports as required <br />by the terms and conditions of the Federal award; <br />2. Unless the CITY authorizes an extension, SLBRECTPTENT must <br />liquidate all obligations incurred under the Federal award not later than ninety (90) calendar days after <br />the end date of the period of performance as specified in the terms and conditions of the Federal award; <br />3, SUBRECIPMNT must promptly refund anybalances ofunobligated cash <br />that the CITY paid in advance or paid and that is not uuthorized to be retained by SUBRECIPIENT for <br />use in other projects (See ONM Circular A-129 and 2 CFR §200.345); <br />4. SUBRECTPIENT must account for any real and personal property <br />acquired with Federal funds or received from the Federal government in accordance with 2 CFR <br />§§200.310-200.316 and 200.329; and, <br />2 5A-11 Page 6 of 17 <br />