THE SALVATION ARMY (2) - Laserfiche WebLink

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(1) Reduction is CARES Act Funding' The CITY rescrves the right to reduce the amount orCARES Act Funds to SUBRECIPIENT. or to completely terminate this Agreement, in tits CITY's sole discretion, inhere is a reduction in CARES Act Funcls provided to the CITY. (2) Reduced Distribution of Funds. The CITY reso.VCS the right to reduce the grant application it the C'ITY's Fiscal monitoring indicates that SUBRECIPIENT's rate of expenditure will result in unspent fluids at the end of the program term. Amendments in the grant allocation will be made after consultation will' SUBRECTPIENF. (3) Reversion of Assets. SUBRECIPIENT awes that any and all Buds received under this Agreement shall be chsborsed during due Term or this Agwonclit, and Chat any and all Ibnds remaining as or Him end of the Term, which have not been disbursed, shall be returned by SUBRECIPIENT to to CITY within thirty (30) days orthe expiration or earlier termination of' the Agreement. No expense or SUBRECIPIENT will be reimbursed by CITY irincurred after the end o n he •rerm o r the Agreement, P.. AN Program Requirements. (1) SUB RECIPIENT acknowledges that the source of rending fbr said progran' is the federal CARES Act FUnd, and that payments from the CARES Act Funds arc only to be used to make nu;essary expenchlnsws incurred due to the public health emwgeneywith respect to COVI& l9. (2) SUBREC'IPIENT acknowledges that CARES Act Fund provisions allow tl'e use orCARES Act Funcls Rtr expenses associated with the provision orecono nic support in connection with the COVID-14 public KIII emergency such as cNtettditures rchued to the provision orgtants From local government to reimburse the costs of business interruption caused by required closures, and'vW not use these Funds f'or any other uses (3) SUBRECIPIENT shall fultow the process and determination oFeligibidity lbr parifebams in said program as outlined in Exhibit A. F. Performancelggnilang. 0) SUBRECIPIENT shall submit progran' performance information as often as '';quested by CITY, bill, no Tess than the submission orn'onthly reports and a final report to (Try with the irtl'ctrn'ation mgowed by anti in the Format acceptable to CITY. Eacl' monthly report is clue within thirty (30) clays or completion of work f'or each month. T'hc final report is due within thirty (30) days alder the termination or expiration of this Agreement. (2) C'FFY will evaluate SUBRECIPIENT"s management and operation or said program on I'adors, including boo not limitecl to ',caul VOInIrIC, disbursed funds, nanagement, rgwaiog and strategic results wilt respect to the project expectations as described in ExhibitA. (3) CITY will review the audit orwe SUBRECIPf ENT to ensure thou grant Funcls are axed liir authorized purposes in con'pliance wid' laws, regulations, and the provisions of conn'acts or grant agreements under ibis Agreement, including attachu'ents and exhibits. 4