PARKS, RECREATION AND COMMUNITY SERVICES AGENCY (2)

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D, Allowable Casts. SUBRECTPIENI' agrees to complete said program on or before June 30, 2022, and to use saidfundsto pay for necessary and seasonable costs allowable under thefederal law and regulations to operate said program, Said artiounts shall include, but not be limited to, wages, administrative costs, and employee benefits comparable to other similarly situated employees; and indirect costa, other allowable program costs are detailed in the budget, as set forth, in "Exhiblt B " attached hereto and b: this reference inoorporated herein. SUBRECIPMNT shalltrse all income received from said funds only f ir`the same purposes for which said funds may be expended pursuant to the terms and conditions of this Agreement- SUBREC IEls T has the ability to adjust line item amounts in the budget :with the written; approval Of CMN Executive Ilirector of the Community Development Agency, or designee, so long as the total budget atrimu t doles not increase. Pursuant to 2 CVR §200.331.(a)(4), The indirect Cost Rate for the SU6RECIPM:NT's award shall be M approved federally recognized indirect host. rate negotiated Tietween the'SUBRLCIPIEN f and the Federal goyerrxment, or, if no such Irate exists, the de minimis iiidireet cost rate as defined in 2 c.Fit §200;414 b) Indirect (F&A) costs For this agreement, the de rninimis.indirect cost rate of 10% will apply. E, Lrcensiflg, SUBRECIPIENT agrees to obtain and maintain all required llceuses, regiatratibns. accreditation and inspections from, all agencies governing its operations. SUBRBCIP.iFNT shall ensure That its staff:sliall also obtain and maintain all re gtired ,licenses, registrar ans, accreditation and, inspections from all :agencies governing 'SUBRPCIPIENT's operations hereunder, Sach licensing requirements include obtaining a Citybusbvss license, as applicable. F. Zonine, SUBRECIPIENT agrees that any facility/property used in furtherance of said program shall, be specifically zoned and permitted for such use(a) and` activ3ty(iea), Should SUBRECIpIENT fail to have the required land entitlement and/or permits, thus violating eny local, s At of federal rules and regulations relating thereto, SUBRECIPIENT-shall immediately rnabe good -faith efforts to gain compliance with local, state or federal rules and regulations following written notification of said violation(s) fiosn the CI'fI{ or other authorized citing agency. 'SUBItECmIENf shall notify CITY immediately of any pending violations. Failure to notify my of pending violations, or to remedy suchkaowti violation(s) shall result in termination of grant funding hereunder. $UBRECIPB?NT must make all corrections required to bring the facility/property into compliance with the law within sixty (60) days of notification of the violation(s); failure to gain compliance within suchthne shall result in terminaiou of grant funduxe hereunder; G. Separation of Accounts. All fluids receivedby "RECIPIENT from MY pursuant to this Agreement shall be maintained in an account in a federalty insured banking or savings aucl loan institution with record keeping of such accounts maintained pursuant to applicable 2. CFR 200,302 requirements, SUBRECIPIENT is not required to maintain separate depository accounts for CDBG FUNDS, provided however, the SUBRECIPMNT must be able to account for receipt, obligation and expenditure of CDBG FUNDS pursuant to applicable 2 CFR 200302 requirements. H. Audit Report Requirements. SUBRECIPIENT agrees that if SU13RECIPIENT 'expends Seven Hundred Fifty Thousand Dollars ($750,000) or more in federal funds, SUBRECIPIENT shall have an annual audit conducted by a certified public accountant iri accordance with the standards as set forth and published by the United States Office of Management and Budget; SUBRECIPIENT shall provide CHly with a copy of said audit by April I of the year following the program year in which this Agreement is executed.