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C. Use of Fo_s SUBRECIPIENT agrees to use all federal funds Provided by Crl.1, to <br />SUBRECIPIENT pursuant to this Agreement to Operate said program, <br />hereto and by this reference inc P P giant as set forth in Exhibit A," attached <br />addition to other remedies set forth incorporated <br />pin S�C�S �� to perform as required may, in <br />otherwise obligated to pay to SUBRECIp' result m readjustment of the amount of fiords CITY is <br />IHNT hereunder. <br />D. Allowable Costs, SU13RECIPMW agrees to complete said ro 2022. and to use said fiords to pay for necessary program on or before June 30, <br />regulations to operate said and reasonable costs allowable under the federal law and <br />Program. Said amounts shall include, but not be limited to, wages, administrative <br />allowable <br />employee benefits comparable to other similarly situated employees and indirect costs Other <br />reference income costs are detailed in the budget, as set forth in "Exhibit B;' attached hereto and by this <br />s <br />iporated herein. SUBRECIPMNT shall use all income received from said funds only for the <br />amto the and iti ons of this <br />e purposes for which said funds may be expended pursuant terms cond <br />Agreement. SUBRECIPIENT has the ability to adjust line item amounts in the budget with the written <br />approval of the CPTY's Executive Director of the Community Development Agency, or designee, so long as <br />the total budget amount does not increase. <br />be <br />Pursuant to 2 CFR §200.33 1 (a)(4), the Indirect Cost Rate for the SUBRECIpIEN'T's award shall <br />Federal an approved federally recognized indirect cost rate negotiated between the SUBRECIPIENT and the <br />government or, if no such rate exists, the de minimis indirect cost rate as defined in 2 CFR <br />§200.414(b) Indirect (F&A) costs <br />For this agreement, the de minimis indirect cost rate of 10% will apply. <br />E. Li_ c� SUBRECIPIENT agrees to obtain and maintain all required licenses, <br />registrations, accreditation and inspections from all agencies governing its operatio. SUBRECIPIENT <br />ns <br />shall ensure that its staff shall also obtain and maintain all required licenses, registrations <br />inspections from all agencies governing SUBRECIPIEaccreditation and <br />Nl"s operations hereunder. Such licensing <br />requirements include obtaining a City business license, as applicable. <br />F. ZQnjng. SUBRECand Permitted IPIENT agrees that any facility/properly, used in Rutherance of said <br />failvee the reshall be quired land eecifically ntitlement and/or for such use(s) <br />and activity(ies). Should SU13RECIPIENT <br />regulations relating thereto, SUBRECIPIpNT shall immediately ediatels, thus nm� any local, state or federal rules and <br />with local, state or federal rules and re Y good -faith efforts to gain compliance <br />CITY or other authorized ci ' agency. regulations following written notification of said violation(s) from the <br />violations. Failure to no SUBRECIPIENT shall notify CITY immediately of any pending <br />termination Failure <br />�3' CITY of Pending violations, or to remedy such known violation(s)shall result in <br />term grant funding hereunder. SUBRECIPIENT must make all corrections requ red to bring the <br />ty/ProPertY into compliance with the law within sixty (60) days of notification of the violation(s); failure <br />to gain compliance within such time shall result in termination of grant funding hereunder. <br />G. S_pe arationofAccounts. <br />�_. All funds received by SUBRECIPIENT from C1TY pursuant to this <br />Agreement shall be maintained in an account in a federally insured banking or savings and loan institution <br />with record keeping of such accounts maintained pursuant to applicable 2 CFR 200302 requirements. <br />SUBRECIPIENT is not required to maintain separate depository accounts for CDBG FUNDS; provided <br />however, the SUBRECIPIENT must be able to account for receipt, obligation and expenditure of FUNDS pursuant to applicable 2 CFR 200.302 requirements, CDBG <br />H. Audit Rrnnrt Recuire ----�— �_ t($75 • SUBRECIPIENT agrees that if SUBRECIPIENT expends <br />Seven Hundred Fifty Thousand Dollars 750,000) or more in federal funds, SUBRE <br />annual audit conducted by a cent tied public accountant in accordance with the standards s� rt �n <br />