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CALIFORNIA DEPARTMENT OF PARK AND RECREATION
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Last modified
4/23/2021 3:15:45 PM
Creation date
10/8/2020 3:12:11 PM
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Contracts
Company Name
CALIFORNIA DEPARTMENT OF PARK AND RECREATION
Contract #
N-2019-291
Agency
Parks, Recreation, & Community Services
Council Approval Date
10/1/2019
Expiration Date
6/30/2022
Destruction Year
2027
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Exhibit B <br />H. Financial Recarda <br />A. .The'GRAM"FE shall maintain satisfactory financialacooants, documents, Including <br />loan documents, and all other rdoDWs for the project and to make them available to. <br />the STATE for auditing at reasonable tunes, The GRANTEE also agrees to retaln <br />such financial accounts, documents and records for fire yyearn fc►bwing project . <br />termination or ouenco of final pwent, whin haver N later <br />2, The GRANTEE shall keep such records as the STATE shall preae ft including <br />records which fully disclose (a) the disposition of the proceeds of STATE funding <br />arialetance, (b) the total cost of the project In oonrreotnnwith such assistance thatto <br />gNen or used, (o) the amount and nature of that portion of the project cost euppl►W <br />by other sources, and (d) any dther such records that will faollitato an et%ntve <br />audit <br />3. The GRANTEE agrees that the STATE shall have the right to I npeat and make., .. <br />coples of any books, records or reports pertaining to this contract or Matteis related. <br />thereto during regutor Oce hours. The GRANTI shall maintain and make <br />ahhatlable for Inspection by the STATE accurate records of all of Its costs, <br />dtsbursemonts and receipts with reaped to He satvites under this CONTRACT. <br />Such accounts, doopments, and records shall be ruined by the GRANTEE for at• <br />Met live years following project termination or Isauanoe of trial payment, <br />whtohever Is later. <br />4, The GRANTEE shall use a generally accepted accounting system. <br />L Ues of Faclttae <br />1. The GRANTEE agreee that the GRANTEE shall operots and maintain the properly. <br />acquired or developed with "GRANT MONIES, for.the duration of the Contract <br />Parbmhanoe Period. <br />2. The GRANTEE agrees that, during the Contract Ferformance'Narfod, the' <br />GRANTEE shall use the property acquired or developed with GRANT MONIES <br />under thle contract only for the purposes of this grant and no other use, sale, or <br />other dlopositon or change of the use of the pmpc* to one not•conslstent ardth <br />Its purpose shall be pai'mittod except as authorized by the STATE and the <br />property shall be replsoed with properly of equivalent value, and usefulness as <br />determined by the BBTATE. <br />3, The propboy acquired or developed may be tmnsfm nfdd to another entity if the <br />successor entity assumes the obligations Imposed under this COWRACT and <br />with the approval of STATE, <br />A. Any real Propejty (Including any porildn.of It or'amy interest In it) may not be used . <br />0security for. any debtor mfligatlon; 4rithoGt the wrlltan •approval 0 1he STATE <br />provided that such approval shall not be unreasonably withheld ae long as the <br />
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